Flex Future Growth

Future criteria checks 1/6

Flex is forecast to grow earnings and revenue by 13.7% and 3.8% per annum respectively. EPS is expected to grow by 19.3% per annum. Return on equity is forecast to be 19.5% in 3 years.

Key information

13.7%

Earnings growth rate

19.3%

EPS growth rate

Electronic earnings growth	18.1%
Revenue growth rate	3.8%
Future return on equity	19.5%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Aug 01

Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Jul 11

Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds

Jul 02

Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Jun 21

Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Apr 06

Flex Ltd.: Undervalued With Solid Fundamentals

Apr 04

Flex: Growth Potential After The Nextracker Spin-Off

Jan 20

Flex (NASDAQ:FLEX) Might Have The Makings Of A Multi-Bagger

Dec 10

Is Now An Opportune Moment To Examine Flex Ltd. (NASDAQ:FLEX)?

Nov 27

Calculating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Oct 15

Is Flex (NASDAQ:FLEX) Using Too Much Debt?

Oct 02

Flex's (NASDAQ:FLEX) Returns On Capital Are Heading Higher

Aug 27

When Should You Buy Flex Ltd. (NASDAQ:FLEX)?

Jul 04

Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Jun 20

Returns At Flex (NASDAQ:FLEX) Are On The Way Up

May 24

Are Investors Undervaluing Flex Ltd. (NASDAQ:FLEX) By 32%?

May 10

When Should You Buy Flex Ltd. (NASDAQ:FLEX)?

Mar 29

Is Flex (NASDAQ:FLEX) Using Too Much Debt?

Mar 16

There's Been No Shortage Of Growth Recently For Flex's (NASDAQ:FLEX) Returns On Capital

Feb 22

Estimating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Feb 09

Earnings and Revenue Growth Forecasts

NasdaqGS:FLEX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	27,820	1,163	944	1,486	4
3/31/2026	26,592	997	826	1,347	8
3/31/2025	25,235	851	830	1,395	8
9/27/2024	25,449	841	1,197	1,622	N/A
6/28/2024	25,837	650	1,186	1,660	N/A
3/31/2024	26,415	633	796	1,326	N/A
12/31/2023	26,561	134	468	1,097	N/A
9/29/2023	27,214	167	514	1,172	N/A
6/30/2023	28,047	376	223	918	N/A
3/31/2023	28,502	443	315	950	N/A
12/31/2022	29,720	818	295	860	N/A
9/30/2022	28,583	815	122	651	N/A
7/1/2022	27,046	919	296	728	N/A
3/31/2022	24,633	868	581	1,024	N/A
12/31/2021	25,456	1,009	402	825	N/A
10/1/2021	25,557	990	647	1,023	N/A
7/2/2021	25,313	767	748	1,107	N/A
3/31/2021	24,124	613	-207	144	N/A
12/31/2020	23,343	422	-198	149	N/A
9/25/2020	23,084	325	-625	-250	N/A
6/26/2020	23,187	95	-1,915	-1,505	N/A
3/31/2020	24,210	88	-1,995	-1,533	N/A
12/31/2019	24,951	-25	-2,851	-2,341	N/A
9/27/2019	25,413	-182	-3,546	-2,911	N/A
6/28/2019	25,987	22	-3,400	-2,685	N/A
3/31/2019	26,211	93	-3,697	-2,971	N/A
12/31/2018	26,395	138	-3,809	-3,087	N/A
9/28/2018	26,224	302	-4,063	-3,402	N/A
6/29/2018	25,832	420	N/A	-4,114	N/A
3/31/2018	25,441	429	N/A	-3,866	N/A
12/31/2017	24,893	535	N/A	-2,971	N/A
9/29/2017	24,256	546	N/A	-1,566	N/A
6/30/2017	23,994	339	N/A	190	N/A
3/31/2017	23,863	320	N/A	-3,822	N/A
12/31/2016	23,773	294	N/A	1,210	N/A
9/30/2016	24,421	313	N/A	1,018	N/A
7/1/2016	24,729	439	N/A	1,038	N/A
3/31/2016	24,419	444	N/A	1,136	N/A
12/31/2015	24,598	518	N/A	1,064	N/A
9/25/2015	24,860	522	N/A	1,150	N/A
6/26/2015	25,071	538	N/A	1,237	N/A
3/31/2015	26,148	601	N/A	794	N/A
12/31/2014	26,920	509	N/A	768	N/A
9/26/2014	27,079	501	N/A	1,169	N/A
6/27/2014	26,960	480	N/A	937	N/A
3/31/2014	26,109	366	N/A	1,216	N/A
12/31/2013	24,680	273	N/A	1,228	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLEX's forecast earnings growth (13.7% per year) is above the savings rate (2.6%).

Earnings vs Market: FLEX's earnings (13.7% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: FLEX's earnings are forecast to grow, but not significantly.

Revenue vs Market: FLEX's revenue (3.8% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: FLEX's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FLEX's Return on Equity is forecast to be low in 3 years time (19.5%).

Flex Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.1% to US$41.26

Price target increased by 7.6% to US$40.90

Flex Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2025

Consensus EPS estimates fall by 11%

Price target decreased by 7.8% to US$30.50

Flex Ltd. Provides Earnings Guidance for Fourth Quarter and Fiscal Year 2024

Recent updates

Flex Announces Chief Financial Officer Changes

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Price target increased by 7.1% to US$41.26

Flex Ltd. (NasdaqGS:FLEX) acquired JETCOOL Technologies Inc.

Investor sentiment improves as stock rises 15%

Price target increased by 7.6% to US$40.90

CEO & Director notifies of intention to sell stock

Flex Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2025

Second quarter 2025 earnings: EPS exceeds analyst expectations

A Look At The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Flex Ltd. (NasdaqGS:FLEX) announced a definitive agreement to acquire Crown Technical Systems, Inc. for approximately $330 million.

Flex Ltd. to Report Q2, 2025 Results on Oct 30, 2024

Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Flex Is Not Cheap Amid Geopolitical And Innovation Risks

Is It Too Late To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

Now 22% undervalued after recent price drop

Executive VP & General Counsel notifies of intention to sell stock

Executive VP & General Counsel recently sold US$649k worth of stock

Executive VP & General Counsel notifies of intention to sell stock

We Think Flex's (NASDAQ:FLEX) Solid Earnings Are Understated

Now 25% undervalued

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Flex Appoints Michael Hartung as President, Chief Commercial Officer

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

Flex Ltd. Announces Chief Financial Officer Changes, Effective July 31, 2024

Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Flex Ltd. to Report Q1, 2025 Results on Jul 24, 2024

Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds

Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Chief Financial Officer recently sold US$6.9m worth of stock

Chief Financial Officer notifies of intention to sell stock

CEO & Director recently sold US$2.0m worth of stock

CEO & Director notifies of intention to sell stock

Now 20% undervalued

Independent Non-Executive Chairman recently sold US$2.7m worth of stock

Flex Ltd. (NasdaqGS:FLEX) acquired FreeFlow Ltd.

Independent Non-Executive Chairman notifies of intention to sell stock

CEO & Director recently sold US$4.6m worth of stock

CEO & Director notifies of intention to sell stock

Consensus EPS estimates fall by 11%

Flex Ltd., Annual General Meeting, Aug 08, 2024

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Flex Announces Board Changes

Flex Ltd. to Report Q4, 2024 Results on May 01, 2024

Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Flex Ltd.: Undervalued With Solid Fundamentals

President of Flex Agility Solutions recently sold US$1.3m worth of stock

President of Flex Agility Solutions notifies of intention to sell stock

Now 20% undervalued

Investor sentiment improves as stock rises 15%

Now 22% undervalued after recent price drop

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.8% to US$30.50

Flex Ltd. Provides Earnings Guidance for Fourth Quarter and Fiscal Year 2024

Flex: Growth Potential After The Nextracker Spin-Off

Flex Ltd. to Report Q3, 2024 Results on Jan 31, 2024

Flex (NASDAQ:FLEX) Might Have The Makings Of A Multi-Bagger

Is Now An Opportune Moment To Examine Flex Ltd. (NASDAQ:FLEX)?

Second quarter 2024 earnings: EPS exceeds analyst expectations

Flex Ltd. Provides Earnings Guidance for Third Quarter Fiscal 2024 and Fiscal Year 2024

Calculating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Flex Ltd. to Report Q2, 2024 Results on Oct 25, 2023

Is Flex (NASDAQ:FLEX) Using Too Much Debt?

Chief Financial Officer recently sold US$1.4m worth of stock

Flex's (NASDAQ:FLEX) Returns On Capital Are Heading Higher

Consensus EPS estimates increase by 13%

Price target increased by 7.1% to US$32.67

Price target increased by 11% to US$32.33