Flex upgraded by JPMorgan Chase & Co.

News Summary New NPI center offers a complete end-to-end product development solution from prototype to preclinical builds to design verification and production transferLocated near Boston, Mass., in proximity to one of the world's largest medical technology innovation hubsFeaturing a full suite of design for excellence (DfX) services to ensure product design preparedness for manufacturing across a broad range of factorsAUSTIN, Texas, March 20, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced the opening of its new product introduction (NPI) center near Boston, Mass., serving healthcare customers. The center serves as a gateway to manufacturing, supporting end-to-end product developme

The platform leverages NVIDIA DRIVE AGX with Flex's Jupiter compute platform and manufacturing capabilities to support Torc's productization and scaled market entry in 2027 Torc, a pioneer in commercializing self-driving class 8 trucks, today announced its collaboration with Flex (NASDAQ:FLEX), a world-class provider of automotive-grade compute platforms, and NVIDIA to develop a scalable physical AI compute system for autonomous trucks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318297080/en/Torc The physical AI developed at Torc enables self-driving trucks to perceive, understand, and perform complex actions in the real

AUSTIN, Texas, March 11, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced today its recognition as one of the 2025 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the third consecutive year the company has been honored in the industrial manufacturing category for its commitment to ethics, compliance, and governance. "Congratulations to Flex for achieving recognition as one of the World's Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that priori

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

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)

10-Q - FLEX LTD. (0000866374) (Filer)

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

AUSTIN, Texas, Jan. 29, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its third quarter ended December 31, 2024. Third Quarter Fiscal Year 2025 Highlights: Net Sales: $6.6 billionGAAP Operating Income: $334 millionAdjusted Operating Income: $399 millionGAAP Net Income attributable to Flex Ltd: $263 millionAdjusted Net Income attributable to Flex Ltd: $304 millionGAAP Earnings Per Share: $0.67Adjusted Earnings Per Share: $0.77An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "We achieved a very strong Q3, delivering another quarter of record adjusted operating mar

AUSTIN, Texas, Jan. 13, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its third quarter fiscal 2025 financial results before the market opens on Wednesday, January 29, 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 addition of advanced liquid cooling technology addresses increased heat requirements across the full spectrum of AI workloads and high-performance computing AUSTIN, Texas, Nov. 14, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced today it has acquired JetCool Technologies, a leading liquid cooling company for data centers. The acquisition bolsters Flex's data center and power portfolio to help hyperscale and enterprise customers solve growing power, heat, and scale challenges in the era of AI. Building on the partnership announced at the 2024 OCP Global Summit, the deal brings together JetCool's advanced cooling technologies and Flex's expertise across IT and power infrastructure, globa

SC 13G/A - FLEX LTD. (0000866374) (Subject)

SC 13G/A - FLEX LTD. (0000866374) (Subject)

SC 13G/A - FLEX LTD. (0000866374) (Subject)