Flex (NASDAQ:FLEX) Releases FY 2027 Earnings Guidance

Flex (NASDAQ:FLEX) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.210-4.510 for the period, compared to the consensus EPS estimate of 3.600. The company issued revenue guidance of $32.3 billion-$33.8 billion, compared to the consensus revenue estimate of $29.2 billion. Flex also updated its Q1 2027 guidance to 0.860-0.920 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FLEX shares. Robert W. Baird initiated coverage on shares of Flex in a report on Thursday, March 12th. They issued an “outperform” rating and a $70.00 price target on the stock. Barclays increased their target price on Flex from $71.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Stifel Nicolaus boosted their price target on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Wall Street Zen lowered Flex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 8th. Finally, JPMorgan Chase & Co. raised their price objective on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Flex currently has an average rating of “Moderate Buy” and an average target price of $72.30.

Flex Trading Up 5.0%

NASDAQ:FLEX opened at $96.45 on Wednesday. The business’s 50-day moving average is $71.65 and its two-hundred day moving average is $66.02. The firm has a market capitalization of $35.46 billion, a PE ratio of 43.25, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. Flex has a 12 month low of $34.94 and a 12 month high of $96.58. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 0.88.

Flex (NASDAQ:FLEX) last issued its earnings results on Wednesday, May 6th. The technology company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.06. The company had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $6.96 billion. Flex had a return on equity of 20.99% and a net margin of 3.17%.The company’s revenue was up 17.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 earnings per share. Research analysts predict that Flex will post 2.93 earnings per share for the current fiscal year.

Insider Transactions at Flex

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $58.87, for a total value of $1,030,225.00. Following the completion of the sale, the chief operating officer owned 233,636 shares of the company’s stock, valued at $13,754,151.32. This trade represents a 6.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by company insiders.

More Flex News

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Q4 results beat expectations — Flex reported adjusted EPS of $0.93 and revenue of ~$7.48B, topping estimates and showing 17% y/y revenue growth; margins remained strong (adjusted operating margin ~6.7%). This confirmed both growth and profitability momentum. Read More.
• Positive Sentiment: Aggressive FY2027 guidance — Flex raised fiscal‑2027 guidance to adj. EPS $4.21–$4.51 and revenue $32.3B–$33.8B (well above consensus), indicating faster earnings growth and continued margin expansion, a major catalyst for the rally.
• Positive Sentiment: Planned spin-off of Cloud & Power segment — Flex will separate its Cloud & Power Infrastructure unit into a new publicly traded company (SpinCo) to sharpen both companies’ strategies and capture AI/data-center infrastructure upside; Flex may retain up to a 19.9% stake. This creates a clearer growth story for investors. Read More.
• Positive Sentiment: EP² acquisition completed — Flex closed the Electrical Power Products deal, expanding critical power capabilities for data centers, utilities and grid modernization, supporting longer‑term growth in high‑value infrastructure. Read More.
• Neutral Sentiment: Market commentary and press coverage — Multiple outlets flagged the same themes (record results, upbeat guidance, spin‑off) that likely amplified trading volume and after‑hours moves. Read More.
• Negative Sentiment: Insider selling — QuiverQuant data noted notable insider sales in recent months (multiple executives sold shares), which some investors view as a cautionary signal even amid strong company results. Read More.
• Negative Sentiment: Ongoing consumer weakness — Analysts noted the consumer end market remains a headwind; sustained consumer softness could limit upside if data-center and industrial strength don’t fully offset it. Read More.

Institutional Investors Weigh In On Flex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust boosted its position in Flex by 57.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock valued at $28,000 after buying an additional 166 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Flex by 6,318.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 706 shares of the technology company’s stock worth $43,000 after acquiring an additional 695 shares during the last quarter. Transamerica Financial Advisors LLC lifted its stake in shares of Flex by 168.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 841 shares of the technology company’s stock worth $51,000 after acquiring an additional 528 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Flex during the 3rd quarter valued at approximately $52,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Flex by 63.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,646 shares of the technology company’s stock worth $132,000 after purchasing an additional 1,031 shares during the last quarter. Hedge funds and other institutional investors own 94.30% of the company’s stock.

Flex Company Profile

Flex (NASDAQ: FLEX), formerly known as Flextronics, is a global provider of electronics manufacturing services (EMS) and original design manufacturing (ODM). The company offers end-to-end product lifecycle solutions including product design and engineering, prototyping, volume manufacturing, testing, and aftermarket services. Its offerings extend into supply chain management, component sourcing, logistics and distribution, and advanced manufacturing capabilities such as automation and digital manufacturing to support customers from concept through end-of-life.

Flex serves a broad range of industries, including automotive, healthcare, industrial, communications, and consumer electronics, working with original equipment manufacturers (OEMs) and technology companies to accelerate time to market and manage complex supply chains.