Stifel analyst Matthew Sheerin maintains Flex (NASDAQ:FLEX) with a Buy and raises the price target from $32 to $37.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
4 - FLEX LTD. (0000866374) (Issuer)
4 - FLEX LTD. (0000866374) (Issuer)
4 - FLEX LTD. (0000866374) (Issuer)
AUSTIN, Texas, Oct. 30, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: Net Sales: $6.5 billionGAAP Operating Income: $297 millionAdjusted Operating Income: $358 millionGAAP Net Income attributable to Flex Ltd: $214 millionAdjusted Net Income attributable to Flex Ltd: $255 millionGAAP Earnings Per Share: $0.54Adjusted Earnings Per Share: $0.64An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "In fiscal Q2, our teams delivered another quarter of strong results," said Revathi Adv
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
New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era News summary Flex launches new compute, rack, and intermediate bus converter products for AI data centersFlex and JetCool® partner for direct-to-chip liquid coolingFlex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid coolingSAN JOSE, Calif., Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ:FLEX) today announced new reference platforms for liquid-cooled servers, rack, and power products that will enable customers to sustainably accelerate data center growth. These innovations build on Flex's ability to address technical c
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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
Craig Hallum downgraded Flex from Buy to Hold and set a new price target of $27.00
Stifel analyst Matthew Sheerin maintains Flex (NASDAQ:FLEX) with a Buy and raises the price target from $32 to $37.
JP Morgan analyst Samik Chatterjee maintains Flex (NASDAQ:FLEX) with a Overweight and raises the price target from $40 to $42.
4 analysts have shared their evaluations of Flex (NASDAQ:FLEX) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 1 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $35.0, a high estimate of $40.00, and a low estimate of $27.00. Witnessing a positive shift, the current
AUSTIN, Texas, Oct. 30, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: Net Sales: $6.5 billionGAAP Operating Income: $297 millionAdjusted Operating Income: $358 millionGAAP Net Income attributable to Flex Ltd: $214 millionAdjusted Net Income attributable to Flex Ltd: $255 millionGAAP Earnings Per Share: $0.54Adjusted Earnings Per Share: $0.64An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "In fiscal Q2, our teams delivered another quarter of strong results," said Revathi Adv
AUSTIN, Texas, Oct. 9, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its second quarter fiscal 2025 financial results before the market opens on Wednesday, October 30, 2024. 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, July 24, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its first quarter ended June 28, 2024. First Quarter Fiscal Year 2025 Highlights: Net Sales: $6.3 billionGAAP Operating Income: $233 millionAdjusted Operating Income: $306 millionGAAP Net Income attributable to Flex Ltd: $139 millionAdjusted Net Income attributable to Flex Ltd: $211 millionGAAP Earnings Per Share: $0.34Adjusted Earnings Per Share: $0.51An 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 delivered another solid quarter, including year-over-year margin expansion and EPS growth,
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, Sept. 19, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced its inclusion on TIME's 2024 World's Best Companies list, a comprehensive analysis conducted to identify the top performing companies across the globe. "We are honored to join this year's list of TIME's World's Best Companies," said Revathi Advaithi, Chief Executive Officer of Flex. "This recognition is a direct reflection of our commitment to creating a safe, inclusive and respectful work environment, embracing sustainable manufacturing practices, and delivering long-term value for our stakeholders." The ranking is presented by TIME and Statista, a leading international provider of market and consumer data and ranki
Establishes unified go-to-market organization to drive growth AUSTIN, Texas, July 26, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced today the appointment of Michael Hartung as President, Chief Commercial Officer, effective immediately. In his expanded role, Mr. Hartung will continue to report to Flex CEO, Revathi Advaithi and lead both the Agility and Reliability segments, focusing on delivering on the long-term Flex Forward strategy and driving the adoption of the company's end-to-end services and products across targeted markets. Over his 20 years at Flex, Mr. Hartung has consistently delivered revenue growth and margin expansion across multiple businesses, most recently as President,
10-Q - FLEX LTD. (0000866374) (Filer)
8-K - FLEX LTD. (0000866374) (Filer)
8-K - FLEX LTD. (0000866374) (Filer)