Plexus Approved New $100M Buyback Program On August 20
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000785786/000078578626000057/plxs-20260824.htm
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https://www.sec.gov/ix?doc=/Archives/edgar/data/0000785786/000078578626000057/plxs-20260824.htm
Filed: 2026-08-24 AccNo: 0000785786-26-000057 Size: 514 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Needham analyst David Williams reiterates Plexus (NASDAQ:PLXS) with a Buy and maintains $310 price target.
The global Telecom Electronic Manufacturing Services (EMS) market is projected to grow from USD 220.92 billion in 2025 to USD 414.70 billion by 2035, with a CAGR of 6.50%. Growth is driven by 5G infrastructure expansion, Open RAN adoption, and increased demand for advanced telecom equipment manufacturing. Asia Pacific leads the market, with China contributing 42.84% of regional revenues, while North America is rapidly expanding with domestic manufacturing investments.