Flex (NASDAQ:FLEX) Trading Up 7.2% – Time to Buy?

Posted by Stanley Muller on Sep 11th, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report)’s share price shot up 7.2% during mid-day trading on Friday . The company traded as high as $115.64 and last traded at $115.8180. Approximately 284,229 shares were traded during mid-day trading, a decline of 94% from the average session volume of 4,870,457 shares. The stock had previously closed at $108.01.

Analyst Ratings Changes

Several analysts have issued reports on FLEX shares. The Goldman Sachs Group cut their price objective on Flex from $177.00 to $154.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Robert W. Baird set a $142.00 price target on Flex in a report on Thursday, July 30th. Freedom Capital upgraded Flex from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Barclays decreased their price objective on shares of Flex from $203.00 to $144.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Finally, Zacks Research cut shares of Flex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.20.

View Our Latest Analysis on FLEX

Flex Stock Up 7.3%

The firm’s 50 day simple moving average is $119.49 and its 200 day simple moving average is $110.41. The company has a market cap of $42.81 billion, a price-to-earnings ratio of 44.76, a price-to-earnings-growth ratio of 0.57 and a beta of 1.67. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.95.

Flex (NASDAQ:FLEX – Get Free Report) last posted its earnings results on Friday, June 26th. The technology company reported $1.00 EPS for the quarter. The firm had revenue of $7.93 billion for the quarter. Flex had a return on equity of 23.15% and a net margin of 3.32%. Sell-side analysts anticipate that Flex Ltd. will post 4.27 EPS for the current fiscal year.

Insider Buying and Selling at Flex

In related news, insider Michael P. Hartung sold 2,755 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $120.64, for a total value of $332,363.20. Following the completion of the transaction, the insider owned 243,175 shares in the company, valued at $29,336,632. This represents a 1.12% decrease in their position. The sale was disclosed in a 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, CAO Daniel Wendler sold 1,311 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $145.20, for a total transaction of $190,357.20. Following the transaction, the chief accounting officer directly owned 37,932 shares in the company, valued at approximately $5,507,726.40. The trade was a 3.34% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 426,938 shares of company stock valued at $61,941,083. 0.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Flex

Institutional investors have recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC bought a new stake in shares of Flex in the 4th quarter worth $28,000. Parkside Financial Bank & Trust grew its holdings 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 acquiring an additional 166 shares during the period. Gables Capital Management Inc. bought a new stake in Flex in the fourth quarter worth about $42,000. Caitong International Asset Management Co. Ltd raised its position in Flex by 6,318.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 706 shares of the technology company’s stock worth $43,000 after acquiring an additional 695 shares in the last quarter. Finally, Transamerica Financial Advisors LLC lifted its holdings in Flex by 168.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 841 shares of the technology company’s stock valued at $51,000 after acquiring an additional 528 shares during the last quarter. 94.30% of the stock is currently owned by institutional investors and hedge funds.

Flex Company Profile

(Get Free Report)

Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply-chain solutions company that helps original equipment manufacturers design, build and manage products. Its services span product design and engineering, prototyping, manufacturing, assembly, testing, logistics, supply-chain management and aftermarket support.

The company supports customers across industries including automotive, communications, consumer, industrial, healthcare and life sciences, and cloud and data-center infrastructure.