KeyBanc Capital Markets initiated coverage on Flex with a new price target
$FLEX
Electrical Products
Technology
KeyBanc Capital Markets initiated coverage of Flex with a rating of Overweight and set a new price target of $41.00
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| 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 |
JetCool Showcases Self-Contained Liquid Cooling Solutions at Dell Technologies World 2025 LAS VEGAS, May 20, 2025 /PRNewswire/ -- JetCool, a Flex (NASDAQ:FLEX) company specializing in direct-to-chip liquid cooling for AI and high-density compute, today announced its next-generation SmartPlate™ System, a self-contained liquid cooling solution, is available as an option on select Dell PowerEdge systems. JetCool's SmartPlate System is a fully sealed, direct-to-chip liquid cooling solution that delivers immediate performance and efficiency improvements without requiring any changes to data center infrastructure. Designed to simplify the adoption of liquid cooling, SmartPlate System eliminates th
News summary Expanding data center critical power product manufacturing capacity with new site: Bielsko-Biała, Poland (600,000 square feet1)Growth in manufacturing capacity addresses rising customer demand based on multi-year artificial intelligence-driven data center expansion strategiesAcceleration of power expansion enhances the Flex Anord Mardix EMEA footprint with eight sites totalAUSTIN, Texas, May 13, 2025 /PRNewswire/ -- Flex's (NASDAQ:FLEX) Critical Power Business, Anord Mardix, today announced a significant expansion of its European operations to enhance data center power offerings. The company recently acquired a new manufacturing site in Bielsko-Biała, Poland, doubling Flex's pow
AUSTIN, Texas, May 7, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) has announced members of its leadership team will participate in the upcoming investor conference: J.P.Morgan 53rd Annual Global Technology, Media and Communications ConferenceDate: May 14, 2025Presentation time: 7:00am CT / 8:00am ET The presentation will be available as a live webcast accessible through the Flex Investor Relations website at https://investors.flex.com. An archived replay will be available on the website shortly after the conclusion of the presentation. 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 wo
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
AUSTIN, Texas, April 2, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its fourth quarter and fiscal 2025 financial results before the market opens on Wednesday, May 7, 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
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
10-K - FLEX LTD. (0000866374) (Filer)
SCHEDULE 13G/A - FLEX LTD. (0000866374) (Subject)
8-K - 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
SC 13G/A - FLEX LTD. (0000866374) (Subject)
SC 13G/A - FLEX LTD. (0000866374) (Subject)
SC 13G/A - FLEX LTD. (0000866374) (Subject)
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)