Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through High Reliability Solutions, Industrial and Emerging Industries, Communications & Enterprise Compute, and Consumer Technologies Group segments. The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs and integrates advanced data center servers, storage and networking equipment, and data center appliances. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; isolated DC/DC converters and non-isolated Point of Load converters for the information and communications technology market; and specialized power module solutions for other markets. Additionally, the company provides after-market and forward supply chain logistics services comprising supplier-managed inventory, inbound freight management, product postponement, build/configure to order, order fulfillment and distribution, asset tracking, and supply chain network design; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is based in Singapore.
IPO Year: 1994
Exchange: NASDAQ
Website: flex.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2026 | $70.00 | Outperform | Robert W. Baird |
| 1/14/2026 | $75.00 | Mkt Perform → Outperform | Raymond James |
| 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 |
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A 25-year career spanning silicon, cybersecurity, manufacturing, power, cabling, and cooling gives Dr. Thakkar a rare perspective across the entire data center stackDG Matrix, the global leader in solid-state transformer solutions, today announced the appointment of Deepak Thakkar, Ph.D., as Chief Commercial Officer. Dr. Thakkar will lead commercial strategy and customer engagement as DG Matrix accelerates deployment of its Interport™ platform across AI and conventional data center environments worldwide.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260713165630/en/Deepak Thakkar, Ph.D., Chief Commercial Officer, DG MatrixDr. Tha
New manufacturing lines in Milpitas, California will support an anticipated 7x increase in production of Cerebras CS-3 systems as demand for high-performance AI infrastructure accelerates.SUNNYVALE, Calif. and MILPITAS, Calif., July 9, 2026 /PRNewswire/ -- Flex and Cerebras Systems Inc. today announced an expanded manufacturing partnership to scale production of the Cerebras CS-3, one of the world's most advanced AI accelerator systems, at Flex manufacturing facilities in Milpitas, California. As demand for AI infrastructure accelerates, the collaboration reflects a significant expansion of advanced manufacturing capacity in the United States.The expanded operation is expected to increase CS
AUSTIN, Texas, July 8, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its first quarter fiscal year 2027 financial results before the market opens on Wednesday, July 29, 2026. The company will hold a conference call to discuss the results that day at 7:30 AM CT / 8:30 AM ET.The live webcast presentation will be available on the Flex investor relations website at investors.flex.com. A replay of the webcast, along with supporting materials, will be available on the investor relations website following the conclusion of the event.About FlexFlex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world.
New platform delivers direct-to-chip liquid cooling with end-to-end infrastructure and services, simplifying enterprise deployment of high-density AI computeAUSTIN, Texas, June 25, 2026 /PRNewswire/ -- JetCool, a Flex (NASDAQ:FLEX) company and leading provider of advanced cooling for AI and high-density computing, today announced the launch of a liquid-cooled version of the Dell PowerEdge XE7745 server. The solution combines a fully integrated, liquid-cooled system with commissioning, deployment, and ongoing maintenance services, along with unified warranty coverage across the server and cooling environment. Delivered tested and ready to deploy, it reduces risk, variability, and complexity f
Expands Aerospace and Electronics Engineered Materials CapabilitiesWESTWOOD, Mass. and NORTHFIELD, Minn., June 9, 2026 /PRNewswire/ -- Chase Corporation ("Chase"), a leading global provider of engineered materials for high-reliability applications, today announced it has acquired Sheldahl from Flex (NASDAQ:FLEX). Sheldahl designs and manufactures specialized coated films, laminates, and flexible circuit technologies for aerospace, automotive, industrial, and medical markets. For more than 70 years, Sheldahl has developed advanced materials and manufacturing processes for high-performance applications, including thin-film techno
Milestone reflects company's transformation and consistent performanceAUSTIN, Texas, June 9, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced it has been selected to join the S&P 500 Index, effective prior to the open of trading on Monday, June 22, 2026."Joining the S&P 500 is a landmark milestone that validates our transformation, our growth strategy and our commitment to driving significant value for our investors," said Revathi Advaithi, Chief Executive Officer of Flex. "This recognition reflects the strength of that evolution and the dedication of our employees, whose work continues to enable innovation for customers worldwide."The S&P 500 is one of the most widely followed benchm
NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorJune 22, 2026
New power shelf for NVIDIA Vera Rubin NVL72 platforms, 30 kW capacitive energy storage system and power modules advance the transition to 800 VDC power architecturesNews summary110 kW power shelf supports scalable power distribution for NVIDIA Vera Rubin NVL72 platforms and future high-density AI rack architectures30 kW capacitive energy storage system (CESS) helps smooth dynamic AI workloads and improve power quality across traditional AC and emerging 800 VDC environmentsBMR317 intermediate bus converter extends Flex's chip-level power portfolio with compact, high-efficiency power modules for high-density compute platformsTAIPEI, June 1, 2026 /PRNewswire/ -- Flex today introduced new additi
AUSTIN, Texas, May 22, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) has announced that members of its leadership team will participate in the following upcoming investor conferences:KeyBanc Industrials and Basic Materials ConferenceDate: Wednesday, May 27, 2026Meetings only; no formal presentation or webcastBank of America Global Technology ConferenceDate: Tuesday, June 2, 2026Presentation time: 5:20 p.m. CT / 6:20 p.m. ETThe live webcast presentation will be available on the Flex Investor Relations website at investors.flex.com. A replay of the webcast will be available on the investor relations website following the conclusion of the event.About FlexFlex (Reg. No. 199002645H) is the manufacturi
Spin-off will create two companies with distinct growth strategies that are poised to drive significant customer and shareholder valueNews summaryThe new company ("SpinCo") will be a high-growth critical digital and electrical infrastructure company, delivering end-to-end power and thermal management technologies and integrated infrastructure systems for AI data centers and mission-critical applications.Flex will continue as a leading advanced manufacturing company, designing and building highly complex products and services at global scale for premier brands across diversified end markets, with a disciplined focus on portfolio optimization, durable cash flow, and shareholder returns.Revathi
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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Robert W. Baird initiated coverage of Flex with a rating of Outperform and set a new price target of $70.00
Raymond James upgraded Flex from Mkt Perform to Outperform and set a new price target of $75.00
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
Craig Hallum downgraded Flex from Buy to Hold and set a new price target of $27.00
Barclays initiated coverage of Flex with a rating of Overweight and set a new price target of $35.00
JP Morgan resumed coverage of Flex with a rating of Overweight and set a new price target of $30.00
Credit Suisse initiated coverage of Flex with a rating of Outperform and set a new price target of $24.00
Argus upgraded Flex from Hold to Buy and set a new price target of $22.00
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AUSTIN, Texas, July 8, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its first quarter fiscal year 2027 financial results before the market opens on Wednesday, July 29, 2026. The company will hold a conference call to discuss the results that day at 7:30 AM CT / 8:30 AM ET.The live webcast presentation will be available on the Flex investor relations website at investors.flex.com. A replay of the webcast, along with supporting materials, will be available on the investor relations website following the conclusion of the event.About FlexFlex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world.
Reported Q4 net sales of $7.5 billion, and full-year net sales of $27.9 billion, up 17% and 8%, respectively, versus the prior year.Delivered Q4 GAAP operating margin of 5.0%, and adjusted operating margin of 6.7%, our sixth consecutive quarter with an adjusted operating margin of 6% or greater.Delivered full-year GAAP operating margin of 4.9%, and adjusted operating margin of 6.3%, another record for Flex.Reported Q4 GAAP EPS of $0.67, and adjusted EPS of $0.93.Reported full-year GAAP EPS of $2.33, and adjusted EPS of $3.30.AUSTIN, Texas, May 5, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2026."Our strong finish to F
AUSTIN, Texas, April 15, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its fourth quarter and fiscal year 2026 financial results before the market opens on Wednesday, May 6, 2026. The company will hold a conference call to discuss the results that day at 7:30 AM CT / 8:30 AM ET.The live webcast presentation will be available on the Flex investor relations website at investors.flex.com. A replay of the webcast, along with supporting materials, will be available on the investor relations website following the conclusion of the event.About FlexFlex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the w
Reported net sales of $7.1 billion, up 8% versus the prior year, exceeding our guidance.Raising full-year net sales, adjusted operating margin and adjusted EPS guidance.Delivered a record GAAP operating margin of 5.5%, and a record adjusted operating margin of 6.5%, our fifth consecutive quarter with an adjusted operating margin of 6% or greater.Reported GAAP EPS of $0.64, and a record adjusted EPS of $0.87.AUSTIN, Texas, Feb. 4, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its third quarter ended December 31, 2025. Revathi Advaithi, CEO of Flex, stated: "Our strong performance continued in the third quarter, with results exceeding our guidance across all metrics. This
AUSTIN, Texas, Jan. 14, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its third quarter fiscal year 2026 financial results before the market opens on Wednesday, Feb. 4, 2026. The company will hold a conference call to discuss the results that day at 7:30 AM CT / 8:30 AM ET. The live webcast presentation will be available on the Flex investor relations website at investors.flex.com. A replay of the webcast, along with supporting materials, will be available on the investor relations website following the conclusion of the event. About FlexFlex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the worl
Reported net sales up 4%, at the top end of our guidance.Raising full-year net sales, adjusted operating margin and adjusted EPS guidance due to strong data center demand in our Power and Cloud businesses and continued disciplined execution.Delivered GAAP operating margin of 4.4%, and adjusted operating margin of 6.0% marking the fourth consecutive quarter at or above an adjusted operating margin of 6%.Reported GAAP EPS of $0.52, which includes $41M, or $0.11, of costs associated with the previously announced missile strike damage at our Ukraine facility, and Adjusted EPS of $0.79, a record adjusted EPS number.AUSTIN, Texas, Oct. 29, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced re
AUSTIN, Texas, Oct. 13, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its second quarter fiscal 2026 financial results before the market opens on Wednesday, October 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
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
Live Leadership Updates
A 25-year career spanning silicon, cybersecurity, manufacturing, power, cabling, and cooling gives Dr. Thakkar a rare perspective across the entire data center stackDG Matrix, the global leader in solid-state transformer solutions, today announced the appointment of Deepak Thakkar, Ph.D., as Chief Commercial Officer. Dr. Thakkar will lead commercial strategy and customer engagement as DG Matrix accelerates deployment of its Interport™ platform across AI and conventional data center environments worldwide.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260713165630/en/Deepak Thakkar, Ph.D., Chief Commercial Officer, DG MatrixDr. Tha
Milestone reflects company's transformation and consistent performanceAUSTIN, Texas, June 9, 2026 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced it has been selected to join the S&P 500 Index, effective prior to the open of trading on Monday, June 22, 2026."Joining the S&P 500 is a landmark milestone that validates our transformation, our growth strategy and our commitment to driving significant value for our investors," said Revathi Advaithi, Chief Executive Officer of Flex. "This recognition reflects the strength of that evolution and the dedication of our employees, whose work continues to enable innovation for customers worldwide."The S&P 500 is one of the most widely followed benchm
NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorJune 22, 2026
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, 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
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