FlexFLEX
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 Q3 regulatory filings by fund managers ($100M+ AUM)
199% more call options, than puts
Call options by funds: $82.7M | Put options by funds: $27.6M
57% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 51
11% more capital invested
Capital invested by funds: $11.7B [Q2] → $13B (+$1.29B) [Q3]
5% more funds holding
Funds holding: 470 [Q2] → 493 (+23) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 171
1.71% less ownership
Funds ownership: 99.66% [Q2] → 97.95% (-1.71%) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 10 (-4) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Stifel Matthew Sheerin 58% 1-year accuracy 15 / 26 met price target | 8%upside $48 | Buy Maintained | 10 Dec 2024 |
Barclays George Wang 67% 1-year accuracy 10 / 15 met price target | 3%downside $43 | Overweight Maintained | 31 Oct 2024 |
Craig-Hallum Christian Schwab 61% 1-year accuracy 23 / 38 met price target | 2%upside $45 | Buy Maintained | 31 Oct 2024 |
Keybanc Steve Barger 31% 1-year accuracy 9 / 29 met price target | 7%downside $41 | Overweight Initiated | 22 Oct 2024 |
Financial journalist opinion
Based on 3 articles about FLEX published over the past 30 days
