Flex
FLEX
Market cap $13.9B

34.90 USD

+0.57

1.66%

At close Oct 17, 4:00 PM EDT

After hours

34.95

+0.05

0.14%

1 day

1.66%

5 days

3.10%

1 month

13.13%

3 months

12.47%

6 months

24.29%

Year to date

15.18%

1 year

34.54%

5 years

244.86%

About: Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.

Employees: 148,115

Information Technology Printed Circuit Boards

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

291% more call options, than puts

Call options by funds: $119M | Put options by funds: $30.4M

17% more funds holding in top 10

Funds holding in top 10: 12 [Q1] → 14 (+2) [Q2]

4.99% more ownership

Funds ownership: 92.67% [Q1] → 97.66% (+4.99%) [Q2]

3% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 60

3% more capital invested

Capital invested by funds: $11.2B [Q1] → $11.5B (+$321M) [Q2]

0% more funds holding

Funds holding: 468 [Q1] → 470 (+2) [Q2]

20% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 188

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$37

6%

upside

Avg. target

$39

13%

upside

High target

$42

20%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

Craig-Hallum Christian Schwab 64% 1-year accuracy 14 / 22 met price target	12%upside $39	Buy Upgraded	25 Jul 2024
Stifel Matthew Sheerin 65% 1-year accuracy 13 / 20 met price target	6%upside $37	Buy Maintained	25 Jul 2024
JP Morgan Samik Chatterjee 73% 1-year accuracy 43 / 59 met price target	20%upside $42	Overweight Maintained	25 Jul 2024
Barclays George Wang 64% 1-year accuracy 7 / 11 met price target	12%upside $39	Overweight Maintained	25 Jul 2024
JP Morgan Samik Chatterjee 73% 1-year accuracy 43 / 59 met price target	15%upside $40	Overweight Maintained	23 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about FLEX published over the past 30 days

Flex to Acquire Crown Technical Systems

Leader in custom-engineered, fully integrated power distribution and protection systems Extensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolio Extends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power market AUSTIN, Texas , Oct. 17, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader in fully integrated power distribution and protection systems, for $325 million in an all-cash transaction. The transaction is expected to be accretive in the first year after closure.

Flex to Acquire Crown Technical Systems

Zacks Investment Research

Flex Unveils New Solutions for AI Workloads, Partners With JetCool

FLEX introduces cutting-edge liquid-cooled servers and power solutions for sustainable data center growth.

Flex Unveils New Solutions for AI Workloads, Partners With JetCool

Flex Announces Liquid-Cooled Rack and Power Solutions for AI Data Centers at 2024 OCP Global Summit

New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era News summary Flex launches new compute, rack, and intermediate bus converter products for AI data centers Flex and JetCool® partner for direct-to-chip liquid cooling Flex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid cooling SAN JOSE, Calif. , Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ: FLEX) today announced new reference platforms for liquid-cooled servers, rack, and power products that will enable customers to sustainably accelerate data center growth.

Flex Announces Liquid-Cooled Rack and Power Solutions for AI Data Centers at 2024 OCP Global Summit

Flex and JetCool Partner to Develop Liquid Cooling-Ready Servers for AI and High-Density Workloads

LITTLETON, Mass.--(BUSINESS WIRE)--JetCool, a leading liquid cooling company for data centers, and Flex (NASDAQ: FLEX) today announced a partnership to address the growing demand for AI servers and high-density compute from hyperscalers and enterprise customers. The companies are building rack-level solutions, including a new line of co-designed liquid cooling-ready servers that are compliant with Open Compute Project (OCP) specification. The new servers leverage JetCool's patented microconvect.

Flex and JetCool Partner to Develop Liquid Cooling-Ready Servers for AI and High-Density Workloads

Flex Announces Date for Second Quarter Fiscal 2025 Earnings Call

AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal 2025 financial results before the market opens on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET).

Flex Announces Date for Second Quarter Fiscal 2025 Earnings Call

Zacks Investment Research

Why Flex (FLEX) is Poised to Beat Earnings Estimates Again

Flex (FLEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Flex (FLEX) is Poised to Beat Earnings Estimates Again

68 Graham All Star Value Stocks Show 55 In September Fit To Buy

The Value Score identifies large-cap stocks offering high value relative to their price, focusing on profits, cash flows, assets, and sales. The Ben Graham Formula targets ultra-stable stocks with strong earnings, dividends, and low valuations, ideal for long-term investment. Analysts project significant gains for top-yield Graham All-Star-Value stocks, with estimated returns ranging from 27.64% to 86.21% by September 2025.

68 Graham All Star Value Stocks Show 55 In September Fit To Buy

Zacks Investment Research

Flex Stock Up 14% in the Past Six Months: Will the Rally Last?

FLEX's performance is buoyed by healthy demand trends across cloud/AI, automotive and digital healthcare amid weakness in the core industrials vertical.

Flex Stock Up 14% in the Past Six Months: Will the Rally Last?

Flex Named to TIME's World's Best Companies List for Second Consecutive Year

AUSTIN, Texas , Sept. 19, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced its inclusion on TIME's 2024 World's Best Companies list, a comprehensive analysis conducted to identify the top performing companies across the globe.

Flex Named to TIME's World's Best Companies List for Second Consecutive Year

Flex Releases its 2024 Sustainability Report

AUSTIN, Texas , Sept. 12, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today published its 2024 sustainability report, highlighting the company's global sustainability performance and progress from calendar year 2023.

Flex Releases its 2024 Sustainability Report

See News Rankings

Charts implemented using Lightweight Charts™