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Flex Ltd

Flex Ltd

FLEX
$119.25USD↓-1.54%-1.87 today

MARKET CAP

43.7B

P/E (TTM)

36.0x

FWD P/E

26.4x

DAY RANGE

$111 – $120

52W RANGE

$48
$167

AI Summary

Stalk
StalkMedium

FLEX is in a Stage 4 decline with confirmed lower highs and lower lows under declining EMAs. The active Post-Parabola Collapse pattern and extreme oversold context grant permission for a medium-term mean-reversion bias to Bullish. However, price remains below declining short-term EMAs with no stabilization, making execution unfavorable now. Stalk near structural support around the 200 DMA or extreme OS levels for opportunistic entries.

  • ↑Q4 revenue $7.5B (+17% YoY); CEO targets 65–75% FY27 growth
  • ↑Adjusted operating margin 9.9% (record high) signals strong profitability
  • ↓P/E 68.5x vs historical median indicates overvaluation risk
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The case for & against

Bull & Bear analysis

Bullish

Flex Ltd. (NASDAQ: FLEX) operates as a global leader in advanced manufacturing and supply chain solutions, specializing in the design and assembly of products across various sectors including data centers, healthcare, automotive, and consumer electronics. With a strong emphasis on integrating advanced technologies within its offerings, Flex is well-positioned to capitalize on the growing demand for infrastructure solutions driven by the rapid expansion of AI and digital technologies, particularly in data centers.

Bull says

  • ↑Q4 revenue $7.5B (+17% YoY); CEO targets 65–75% FY27 growth
  • ↑Adjusted operating margin 9.9% (record high) signals strong profitability
  • ↑CPI spin-off to unlock focused growth in cloud and power infrastructure
  • ↑Secured multi-year Google contract, boosting data-center AI infrastructure pipeline
  • ↑FY27 revenue guidance $32.3B–$33.8B (+18% YoY) driven by AI demand
  • ↑High earnings revisions and robust momentum factors support upward earnings outlook

Bear says

  • ↓P/E 68.5x vs historical median indicates overvaluation risk
  • ↓High stock volatility may deter risk-averse investors and drive swings
  • ↓FY27 CapEx $1.4B–$1.6B could compress margins amid rising rates
  • ↓Customer concentration with major hyperscalers poses revenue volatility risk
  • ↓Insider sales of $110M+ and large share-based pay misalign incentives
  • ↓Negative earnings and dividend yield factors limit near-term cash returns

Investment themes with FLEX

Datacenter↓ -0.39%

Infrastructure powering data storage and cloud computing

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Earnings Call · Q4 2026 · Mgmt. Guidance

Updated 05-08-2026bullish

Transcript signals

Bull points

  • Fourth quarter revenue came in at $7.5 billion, up 17% year over year.
  • adjusted earnings per share for the quarter increased 27% year-over-year to 93 cents per share.
  • For fiscal 27, our expectations are the following. Revenue to be between 32.3 and $33.8 billion, up 18% at the midpoint.

Bear points

  • down 2% from the prior year due to persistent softness in lifestyle
  • 7% and 7.1%, an increase of approximately 80 basis points driven in large part by recouped FY26 investments in CPI.
  • our cloud margins are lower than our power margins, and we've been talking about that for the last few years.
Read full transcript analysis ›