Flex (FLEX)

• Market cap: $11.7B
• 1 day: -3.20%
• 5 days: -1.20%
• 1 month: -16.13%
• 3 months: -31.04%
• 6 months: -11.22%
• Year to date: -20.95%
• 1 year: 10.50%
• 5 years: 307.61%
• 10 years: 145.22%
• Sector: Technology
• Industry: Electronic Components

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

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

256% more call options, than puts

Call options by funds: $80.1M | Put options by funds: $22.5M

159% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 46

40% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 14 (+4) [Q4]

18% more capital invested

Capital invested by funds: $12.8B [Q3] → $15.1B (+$2.28B) [Q4]

14% more funds holding

Funds holding: 495 [Q3] → 562 (+67) [Q4]

4.89% more ownership

Funds ownership: 96.42% [Q3] → 101.31% (+4.89%) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 194

Research analyst outlook

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

• Low target: $35 15% upside
• Avg. target: $43 42% upside
• High target: $52 70% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Samik Chatterjee 28% 1-year accuracy 21 / 74 met price target	31% upside $40	Overweight Maintained	17 Apr 2025
Goldman Sachs Mark Delaney 35% 1-year accuracy 13 / 37 met price target	34% upside $41	Buy Maintained	10 Apr 2025
Keybanc Steve Barger 13% 1-year accuracy 4 / 30 met price target	15% upside $35	Overweight Maintained	8 Apr 2025
Stifel Ruben Roy 15% 1-year accuracy 4 / 26 met price target	70% upside $52	Buy Reinstated	11 Feb 2025
Barclays George Wang 33% 1-year accuracy 6 / 18 met price target	61% upside $49	Overweight Maintained	30 Jan 2025