Flex (NASDAQ:FLEX) Upgraded by Zacks Research to “Strong-Buy” Rating

Posted by Brenda Bartman on May 15th, 2026

Zacks Research upgraded shares of Flex (NASDAQ:FLEX – Free Report) from a hold rating to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

Several other equities analysts have also recently weighed in on FLEX. Robert W. Baird set a $165.00 target price on Flex in a research note on Thursday, May 7th. Stifel Nicolaus lifted their target price on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, April 20th. The Goldman Sachs Group lifted their target price on Flex from $84.00 to $177.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their target price on Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Finally, Barclays lifted their target price on Flex from $72.00 to $174.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Flex currently has an average rating of “Moderate Buy” and a consensus target price of $112.80.

Read Our Latest Analysis on Flex

Flex Price Performance

Shares of Flex stock opened at $143.60 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The company’s 50-day moving average price is $82.32 and its two-hundred day moving average price is $69.84. Flex has a 52 week low of $40.15 and a 52 week high of $147.34. The stock has a market cap of $52.80 billion, a PE ratio of 61.63 and a beta of 1.46.

Flex (NASDAQ:FLEX – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The technology company reported $0.93 earnings per share (EPS) for the quarter. Flex had a return on equity of 22.12% and a net margin of 3.15%.The firm had revenue of $7.48 billion for the quarter. As a group, sell-side analysts anticipate that Flex will post 4.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Flex news, CEO Revathi Advaithi sold 114,090 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $142.37, for a total value of $16,242,993.30. Following the completion of the sale, the chief executive officer directly owned 689,022 shares of the company’s stock, valued at $98,096,062.14. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Erin Mcsweeney sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $136.59, for a total transaction of $341,475.00. Following the completion of the sale, the director directly owned 14,512 shares of the company’s stock, valued at $1,982,194.08. This represents a 14.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 223,512 shares of company stock valued at $30,283,218. 0.57% of the stock is owned by company insiders.

Institutional Trading of Flex

Several large investors have recently added to or reduced their stakes in the business. USA Financial Formulas bought a new stake in Flex during the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust boosted its position in Flex by 57.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock worth $28,000 after purchasing an additional 166 shares during the period. Frazier Financial Advisors LLC bought a new stake in Flex during the fourth quarter worth approximately $28,000. CENTRAL TRUST Co boosted its position in Flex by 238.3% during the third quarter. CENTRAL TRUST Co now owns 504 shares of the technology company’s stock worth $29,000 after purchasing an additional 355 shares during the period. Finally, Gables Capital Management Inc. bought a new stake in Flex during the fourth quarter worth approximately $42,000. 94.30% of the stock is owned by institutional investors.

About Flex

(Get Free Report)

Flex (NASDAQ: FLEX), formerly known as Flextronics, is a global provider of electronics manufacturing services (EMS) and original design manufacturing (ODM). The company offers end-to-end product lifecycle solutions including product design and engineering, prototyping, volume manufacturing, testing, and aftermarket services. Its offerings extend into supply chain management, component sourcing, logistics and distribution, and advanced manufacturing capabilities such as automation and digital manufacturing to support customers from concept through end-of-life.

Flex serves a broad range of industries, including automotive, healthcare, industrial, communications, and consumer electronics, working with original equipment manufacturers (OEMs) and technology companies to accelerate time to market and manage complex supply chains.