Barclays initiated coverage of Flex with a rating of Overweight and set a new price target of $35.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/11/2025 | $52.00 | Buy | Stifel |
| 10/22/2024 | $41.00 | Overweight | KeyBanc Capital Markets |
| 7/25/2024 | $39.00 | Hold → Buy | Craig Hallum |
| 5/2/2024 | $27.00 | Buy → Hold | Craig Hallum |
| 9/7/2023 | $35.00 | Overweight | Barclays |
| 7/5/2023 | $30.00 | Overweight | JP Morgan |
| 8/17/2022 | $24.00 | Outperform | Credit Suisse |
| 5/18/2022 | $22.00 | Hold → Buy | Argus |
AUSTIN, Texas, Aug. 21, 2025 /PRNewswire/ -- On the morning of August 21, 2025, our facility in Mukachevo, Ukraine, was damaged during a missile strike. Our emergency protocols were executed to ensure the full evacuation of the site. A few employees and contractors were injured during the strike and remain in the hospital. Flex is providing full support to them and their families, and we are engaging with our relevant U.S. Government officials and agencies. We have activated our Business Continuity Plan to ensure ongoing operations and are currently assessing the extent of damage to our facility. Our Mukachevo facility is dedicated to consumer and lifestyle products and has no role, past, or
News summary At OCP APAC, Flex introduces new power shelf for the NVIDIA GB300 NVL72 platform that features 72 NVIDIA Blackwell Ultra GPUsIn collaboration with NVIDIA, Flex is paving the way for 800 VDC data center power infrastructure to enable megawatt-scale racksFlex's comprehensive portfolio of advanced manufacturing, power and cooling products, and services is accelerating data center deployment worldwideTAIPEI CITY, Taiwan, Aug. 4, 2025 /PRNewswire/ -- OCP APAC -- Flex (NASDAQ:FLEX) today announced a new power shelf system to fast-track 800 VDC power architectures and support the growing demands of AI infrastructure and AI factories. The Flex power shelf system provides industry-leadin
AUSTIN, Texas, July 24, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its first quarter ended June 27, 2025. First Quarter Fiscal Year 2026 Highlights: Net Sales: $6.6 billionGAAP Operating Income: $311 millionAdjusted Operating Income: $395 millionGAAP Net Income: $192 millionAdjusted Net Income: $274 millionGAAP Earnings Per Share: $0.50Adjusted Earnings Per Share: $0.72An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "Our first quarter results are a great start to FY26 and a testament to the strength of our strategic focus on high-growth end-markets like data
4 - FLEX LTD. (0000866374) (Issuer)
4 - FLEX LTD. (0000866374) (Issuer)
4 - FLEX LTD. (0000866374) (Issuer)
8-K - FLEX LTD. (0000866374) (Filer)
SCHEDULE 13G/A - FLEX LTD. (0000866374) (Subject)
8-K - FLEX LTD. (0000866374) (Filer)
Stifel resumed coverage of Flex with a rating of Buy and set a new price target of $52.00
KeyBanc Capital Markets initiated coverage of Flex with a rating of Overweight and set a new price target of $41.00
Craig Hallum upgraded Flex from Hold to Buy and set a new price target of $39.00
AUSTIN, Texas, July 24, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its first quarter ended June 27, 2025. First Quarter Fiscal Year 2026 Highlights: Net Sales: $6.6 billionGAAP Operating Income: $311 millionAdjusted Operating Income: $395 millionGAAP Net Income: $192 millionAdjusted Net Income: $274 millionGAAP Earnings Per Share: $0.50Adjusted Earnings Per Share: $0.72An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "Our first quarter results are a great start to FY26 and a testament to the strength of our strategic focus on high-growth end-markets like data
AUSTIN, Texas, July 9, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its first quarter fiscal 2026 financial results before the market opens on Thursday, July 24, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the w
AUSTIN, Texas, May 7, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2025. Fourth Quarter Fiscal Year 2025 Highlights: Net Sales: $6.4 billionGAAP Operating Income: $305 millionAdjusted Operating Income: $396 millionGAAP Net Income attributable to Flex Ltd: $222 millionAdjusted Net Income attributable to Flex Ltd: $285 millionGAAP Earnings Per Share: $0.57Adjusted Earnings Per Share: $0.73Fiscal Year 2025 Results of Operations: Net Sales: $25.8 billionGAAP Operating Income: $1,169 millionAdjusted Operating Income: $1,459 millionGAAP Net Income attributable to Flex Ltd: $838 millionAdjusted Net Income attributable to Flex
SC 13G/A - FLEX LTD. (0000866374) (Subject)
SC 13G/A - FLEX LTD. (0000866374) (Subject)
SC 13G/A - FLEX LTD. (0000866374) (Subject)
Paul Lundstrom Brings Wealth of Knowledge in Finance, Manufacturing, and Business Transformation Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE:ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.Concentra Group Holdings Inc. (NYSE:CON) will replace Myers Industries Inc. (NYSE:MYE) in the S&P SmallCap 600 effective prior to the openin
Leader in custom-engineered, fully integrated power distribution and protection systemsExtensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolioExtends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power marketAUSTIN, 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. Cro