Shares of Flex Ltd. (NASDAQ:FLEX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $115.70.
A number of analysts recently issued reports on FLEX shares. The Goldman Sachs Group increased their target price on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price objective on shares of Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. KeyCorp increased their price objective on shares of Flex from $75.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Barclays raised their target price on shares of Flex from $174.00 to $203.00 and gave the company an “overweight” rating in a research note on Thursday, June 4th. Finally, Robert W. Baird set a $165.00 target price on shares of Flex in a report on Thursday, May 7th.
Read Our Latest Analysis on Flex
Key Flex News
- Positive Sentiment: Recent analyst commentary appears to have been constructive, with one note framing the pullback as a valuation reset rather than a fundamental problem, which could help limit downside once selling pressure eases.
- Neutral Sentiment: Flex has set its first-quarter fiscal 2027 earnings release for July 29, and investors often reduce exposure ahead of an earnings date when a stock has already had a strong run.
- Neutral Sentiment: Some investor attention is also focused on Flex’s planned spin-off of its Cloud and Power Infrastructure segment and a related delayed-draw term loan tied to a pending acquisition, but these look more like execution/watchlist items than immediate catalysts.
- Negative Sentiment: Market participants appear to be de-risking after the stock’s recent rally, and broader weakness in AI hardware-related names may be adding to the selling pressure. Article Title
Flex Price Performance
Shares of Flex stock opened at $121.12 on Friday. The business’s fifty day moving average price is $143.62 and its 200 day moving average price is $95.62. Flex has a twelve month low of $47.83 and a twelve month high of $166.86. 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 stock has a market capitalization of $44.38 billion, a P/E ratio of 51.98, a PEG ratio of 0.68 and a beta of 1.64.
Flex (NASDAQ:FLEX – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The technology company reported $0.93 EPS for the quarter. The company had revenue of $7.48 billion during the quarter. Flex had a return on equity of 22.12% and a net margin of 3.15%. As a group, research analysts anticipate that Flex will post 4.15 earnings per share for the current year.
Insider Buying and Selling
In other Flex news, COO Kwang Hooi Tan sold 26,657 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $144.48, for a total transaction of $3,851,403.36. Following the transaction, the chief operating officer owned 257,527 shares in the company, valued at $37,207,500.96. The trade was a 9.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP David Scott Offer sold 33,000 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $153.91, for a total value of $5,079,030.00. Following the completion of the sale, the executive vice president directly owned 73,471 shares of the company’s stock, valued at $11,307,921.61. The trade was a 30.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 769,195 shares of company stock valued at $110,116,823. 0.62% of the stock is owned by company insiders.
Institutional Trading of Flex
Several large investors have recently bought and sold shares of the company. JSF Financial LLC lifted its position in shares of Flex by 0.6% during the first quarter. JSF Financial LLC now owns 20,504 shares of the technology company’s stock worth $1,342,000 after purchasing an additional 115 shares in the last quarter. Glenview Trust Co grew its holdings in Flex by 3.4% during the 1st quarter. Glenview Trust Co now owns 3,775 shares of the technology company’s stock valued at $247,000 after purchasing an additional 125 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in Flex by 2.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 7,967 shares of the technology company’s stock worth $522,000 after buying an additional 163 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Flex by 57.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock worth $28,000 after buying an additional 166 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in Flex by 7.9% in the 1st quarter. Bessemer Group Inc. now owns 2,418 shares of the technology company’s stock valued at $159,000 after buying an additional 178 shares during the last quarter. Institutional investors and hedge funds own 94.30% of the company’s stock.
Flex Company Profile
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.
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