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

Barclays analyst George Wang maintains Flex (NASDAQ:FLEX) with a Overweight and raises the price target from $34 to $39.

Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc.  (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC

U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s

Flex Ltd. (NASDAQ:FLEX) shares are trading higher on Wednesday. The company reported first-quarter adjusted earnings per share of 51 cents, beating the analyst consensus of 41 cents. Quarterly revenues of $6.3 billion beat the street view of $5.91 billion. First quarter gross profit decreased to $471 million, from $476 million in the year-ago period. Also Read: Tesla Stock Is Plunging Over 7% In Wednesday’s Pre-Market After Q2 Earnings: What’s Going On The company exited the quarter with cash and equivalents worth $2.243 billion. Flex today also announced that Paul Lundstrom will step down as Chief Financial Officer effective July 31, 2024, to pursue an opportunity outside

CFO to focus on continuing Flex's momentum in creating shareholder value and achieving long-term financial success in line with the company's transformational goals AUSTIN, Texas, Nov. 22, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced that Kevin S. Krumm will join the company as Chief Financial Officer (CFO), effective January 6, 2025. He will succeed Jaime Martinez, interim CFO, who will remain with Flex and support a smooth transition. Reporting to Flex CEO Revathi Advaithi, Mr. Krumm will focus on driving the company's long-term financial strategy and creating shareholder value.  Mr. Krumm joins Flex with more than 20 years of experience across industrial, chemical, and healthca

AUSTIN, Texas, Nov. 20, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced today that it has completed its previously announced $325 million all-cash acquisition of Crown Technical Systems, a leader in fully integrated power distribution and protection systems. The acquisition further increases Flex exposure to fast-growing, margin accretive end-markets, including modular data center adoption and medium voltage power distribution, and extends the company's power portfolio into the utility power market. Additionally, the deal strengthens Flex's critical power portfolio and supports further growth in the U.S. data center market. "We are pleased to welcome the Crown Technical Systems team offici

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

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

AUSTIN, Texas, Nov. 4, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced it received Cisco's 2024 Excellence in ESG (Environmental, Social, and Governance) award. Cisco presented this esteemed honor at its annual Supplier Appreciation Event (SAE) to a live audience of several hundred executives representing its diverse component suppliers and partners in manufacturing, logistics, services, and repair operations.  "Meaningfully championing and, more importantly, accelerating sustainability on a global scale calls for deep, ongoing collaboration across the value chain," said Rob Campbell, President of Communications, Enterprise and Cloud, Flex. "We are proud to be honored with Cisco's 20

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

JetCool, a leading liquid cooling company for data centers, and Flex (NASDAQ:FLEX) today announced a partnership to address the growing demand for AI servers and high-density compute from hyperscalers and enterprise customers. The companies are building rack-level solutions, including a new line of co-designed liquid cooling-ready servers that are compliant with Open Compute Project (OCP) specification. The new servers leverage JetCool's patented microconvective liquid cooling technology that uses precision jets to target and cool processor hot spots. This precision cooling manages the increased heat from high-performance AI and compute workloads, ensuring optimal performance and reliabili

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

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, 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,

Copeland, a global provider of sustainable climate solutions and leader in the HVAC, Refrigeration (HVACR) and industrial compression industry, has announced that Paul Lundstrom will join the company in August as Chief Financial Officer (CFO). Copeland is a standalone company and a portfolio company of Blackstone, the world's largest alternative asset manager, within its Capital Partners Fund XIII. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724421467/en/Paul Lundstrom, Copeland's new Chief Financial Officer (Photo: Copeland) "Paul is an excellent addition to the executive team of Copeland, as he brings with him extensive

SAN JOSE, Calif., Sept. 27, 2022 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced that Maryrose T. Sylvester, a seasoned executive and strategic, growth-oriented leader, has joined the Company's Board of Directors, effective September 23, 2022. Ms. Sylvester has also been named as a member of the Company's Compensation and People Committee. Ms. Sylvester has significant experience transforming industrial businesses, and is passionate about technology, innovation and automation. She also has extensive expertise in delivering technology-enabled and energy-efficient sustainable solutions. Most recently, from June 2019 to August 2020, Ms. Sylvester served as U.S. Managing Director and U.S. Hea

SAN JOSE, Calif., Jan. 27, 2022 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced that Patrick J. Ward, a seasoned executive leader with strong financial expertise, has joined the Company's Board of Directors, effective January 26, 2022. Mr. Ward has also been named as a member of the Company's Audit Committee. After more than a 30-year career, in 2019, Mr. Ward retired as Chief Financial Officer of Cummins Inc., a global power leader that designs, manufactures, distributes and services engines, and related technologies. Prior to serving as Cummins' CFO, Mr. Ward held a broad range of global financial leadership positions including serving as Vice President, Engine Business Controller and E

SAN JOSE, Calif., Nov. 8, 2021 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced that Cameron Carr has joined the company as chief strategy officer (CSO). Mr. Carr will report directly to Flex CEO, Revathi Advaithi. Mr. Carr has spent the last decade of his career at Microsoft Corporation. Most recently, he was the head of competitive strategy for the United States. In this role, Mr. Carr was responsible for overseeing a team focused on competitive market strategy and competitor intelligence across all Microsoft product lines. He oversaw critical elements of Microsoft's approx. $50B U.S. business while he developed strategic recommendations across key functions such as sales, marketing, op

BRASELTON, Ga., May 06, 2021 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ:FOXF) (the "Company" or "FOX") has announced the appointment of three key new leadership additions as the Company continues to lay the foundation for its next phase of growth. "Thanks to our existing team, we have experienced tremendous growth and portfolio diversification. In order to achieve the breakthrough results we aspire to reach, we have to do things thoughtfully and with our strategic vision in mind," commented Mike Dennison, FOX's Chief Executive Officer. "The changes we are announcing today are part of our evolution as a company. We are investing in our future by expanding the scope of our leader