Flex (NASDAQ:FLEX) Shares Gap Up – Time to Buy?

Posted by Stanley Muller on Sep 17th, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $108.32, but opened at $111.47. Flex shares last traded at $109.4370, with a volume of 94,338 shares.

More Flex News

Here are the key news stories impacting Flex this week:

Positive Sentiment: Flex unveiled Axiom Solutions International, Inc. as the name of its planned independent cloud and power infrastructure company and filed a preliminary Form 10 registration statement with the SEC. The spin-off is expected to be completed by the first quarter of 2027 and is intended to position the business to address growing demand for AI infrastructure, data centers and efficient power deployment. The move could help investors value Flex’s remaining operations and the infrastructure business separately. Flex Announces New Company Name and Files Form 10 Registration Statement
Positive Sentiment: Management announced leadership and board plans for both companies. Amy B. Schwetz is expected to become Flex’s CFO following the separation, while separate board compositions are being established. Clearer governance may reduce execution uncertainty around the transaction. Flex Announces Expected CFO and Board Composition
Neutral Sentiment: Flex CEO Revathi Advaithi discussed the rationale for Axiom, emphasizing efficient deployment of power for AI and data-center applications. The interview reinforces management’s strategic case, but the separation remains subject to regulatory and transaction-completion risks. CNBC Interview with Flex CEO Revathi Advaithi
Neutral Sentiment: Articles about fantasy-football FLEX rankings and the European FLEX Earth-observation satellite use “FLEX” as an unrelated term and do not concern Flex Ltd. or its financial outlook.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group dropped their price target on Flex from $177.00 to $154.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Zacks Research lowered shares of Flex from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Robert W. Baird set a $142.00 target price on shares of Flex in a report on Thursday, July 30th. Wall Street Zen downgraded shares of Flex from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. Finally, Raymond James Financial set a $170.00 price objective on shares of Flex and gave the company an “outperform” rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Flex presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.20.

View Our Latest Stock Analysis on Flex

Flex Price Performance

The company has a market capitalization of $39.86 billion, a P/E ratio of 41.66, a PEG ratio of 0.55 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. The business has a 50 day simple moving average of $117.48 and a 200-day simple moving average of $111.70.

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

Insider Activity at Flex

In other news, insider Michael P. Hartung sold 2,755 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $120.64, for a total transaction of $332,363.20. Following the completion of the transaction, the insider directly owned 243,175 shares in the company, valued at approximately $29,336,632. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.62% of the company’s stock.

Institutional Trading of Flex

Several hedge funds have recently added to or reduced their stakes in FLEX. Frazier Financial Advisors LLC acquired a new position in shares of Flex during the fourth quarter valued at $28,000. Parkside Financial Bank & Trust lifted its holdings in Flex by 32.0% in the second quarter. Parkside Financial Bank & Trust now owns 805 shares of the technology company’s stock worth $130,000 after purchasing an additional 195 shares during the period. CYBER HORNET ETFs LLC bought a new position in Flex in the 2nd quarter valued at about $160,000. Western Wealth Management LLC acquired a new position in Flex during the 1st quarter valued at about $65,000. Finally, Versant Capital Management Inc increased its stake in Flex by 130.6% during the 2nd quarter. Versant Capital Management Inc now owns 1,123 shares of the technology company’s stock valued at $182,000 after buying an additional 636 shares during the period. Institutional investors own 94.30% of the company’s stock.

About Flex

(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.