Flex Management
Management criteria checks 4/4
Flex's CEO is Revathi Advaithi, appointed in Feb 2019, has a tenure of 7.33 years. total yearly compensation is $16.42M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $167.03M. The average tenure of the management team and the board of directors is 4.5 years and 6 years respectively.
Key information
Revathi Advaithi
Chief executive officer
US$16.4m
Total compensation
| CEO salary percentage | 8.08% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.5yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Analysis Article • Jun 19
Flex (FLEX) Stock Could Be 8% Undervalued After S&P 500 Inclusion
Flex (FLEX) is set to join the S&P 500 Index before trading opens on June 22, 2026. This inclusion often draws attention from index tracking funds and broadens the investor base. See our latest analysis for Flex. Flex’s recent S&P 500 inclusion comes after a strong run, with a 90 day share price return of 139.47% and a 1 year total shareholder return of 219.64%. This suggests momentum has been building rather than fading. If this kind of index driven move has your attention, it may be worth...
Narrative Update • Jun 16
FLEX: AI Power SpinOff And S&P 500 Inclusion Will Balance Execution Risks
The analyst price target for Flex has been updated from $81.44 to $160.40, reflecting higher Street expectations for growth and profitability in the AI related and post spinoff business mix. Analyst Commentary Recent research highlights a wide range of views on Flex, with several firms lifting valuation targets around the AI exposed and post spinoff profile, while at least one new initiation takes a more neutral stance.Seeking Alpha • Jun 08
Flex: AI Era's Underfollowed Beneficiary
Summary Flex Limited is rated 'Buy' due to robust AI-driven growth, S&P 500 inclusion, and a mispriced valuation. FLEX's CPI segment, key to AI infrastructure, is set for a tax-free spin-off (SpinCo) in Q1 2027, led by the current CEO. Forward P/S of 1.7 is nearly half the sector median, despite 18% FY2027 revenue growth guidance and accelerating EPS/FCF. Strategic partnerships with Nvidia and hyperscalers, plus a clean balance sheet, underpin FLEX’s long-term growth thesis. Read the full article on Seeking Alpha
Narrative Update • Jun 01
FLEX: Spin Off Execution Risk Will Test AI Power Optimism
The analyst price target for Flex has shifted from $70.00 to $100.83, with analysts pointing to the planned spin off of the Cloud & Power Infrastructure segment, expectations for a higher growth power and compute business alongside a steady EMS core, and updated views on revenue growth, profit margins and future P/E as key drivers of the new valuation framework. Analyst Commentary Recent research on Flex highlights a split view.
Narrative Update • May 13
FLEX: AI Power And Cloud Spin Off Will Support Future Margins
Analysts have sharply raised their average price target on Flex to about $180 from roughly $80, citing stronger revenue growth assumptions, improved margin expectations and a slightly higher future P/E outlook. Analyst Commentary Recent Street research shows a clear tilt toward more constructive views on Flex, with several bullish analysts lifting price targets and highlighting areas where they see room for further value creation.Narrative Update • Apr 29
FLEX: AI Power Opportunities And Execution Risks Will Shape Future Margin Profile
Flex's updated analyst price target edges higher, with fair value rising by about $6 to $81, as analysts factor in slightly stronger revenue growth expectations, a modestly higher future P/E near 21x, and incremental margin upside related to its power business as an AI enabler. Analyst Commentary Recent Street research on Flex has centered on higher price targets, fresh coverage, and a focus on the power business as a potential AI beneficiary.Narrative Update • Apr 14
FLEX: AI Power Ambitions Will Face Tougher Margin And Execution Tests
The analyst price target for Flex has moved from $45 to $70, as analysts highlight stronger growth and margin potential, particularly from the company's power business as an AI enabler and what they see as a solid path for additional margin upside. Analyst Commentary Recent research coverage has leaned positive on Flex, with a US$70 price target cited as a reference point for upside tied to growth and margin potential.Narrative Update • Mar 31
FLEX: AI Power Business Will Drive Future Margin Upside Repricing
Flex's updated fair value estimate has edged slightly lower to about $75.44. This reflects modest tweaks to discount rate, growth, and margin assumptions, as analysts highlight the company's AI oriented power business and potential margin upside while maintaining a $70 Street price target.Narrative Update • Mar 17
FLEX: AI Power Segment Execution Will Support Higher Future Margins
Analysts have nudged the fair value estimate for Flex up by $2 to $80, highlighting firm views on the company's margin potential and the appeal of its power business as an AI enabler, along with recent price target support from new and updated coverage on the stock. Analyst Commentary Bullish analysts have recently highlighted Flex's potential for stronger margins and reinforced their confidence with fresh coverage and updated targets.Narrative Update • Mar 02
FLEX: Liquid Cooling Execution Will Support AI Data Center Upside Repricing
Analysts have raised their average price target on Flex by $1, reflecting recent positive research attention and updated assumptions around discount rates, revenue, profit margins, and forward P/E expectations. Analyst Commentary Bullish analysts see the latest price target move as a reflection of improved confidence in Flex's ability to execute against updated assumptions on discount rates, revenue trends, profit margins, and forward P/E.Narrative Update • Feb 16
FLEX: Liquid Cooling Execution Will Drive Future AI Data Center Upside
Analysts have nudged their price targets on Flex higher by about $2.43, supported by updated views on fair value, discount rate, revenue growth, profit margins, and future P/E assumptions as reflected in recent research from firms such as Barclays and Raymond James. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent price target increase of about $2.43 reflects refreshed views on fair value that incorporate updated assumptions around revenue growth, profit margins, and future P/E levels.Narrative Update • Feb 02
FLEX: Liquid Cooling Execution Will Support Future AI Data Center Demand
Analysts have adjusted their price targets on Flex, with the consensus moving by $7 as they factor in updated discount rate assumptions and modest tweaks to long term P/E expectations. Analyst Commentary Recent Street research on Flex presents a mix of optimism and caution, with one firm upgrading the stock and another trimming its price target by $7.Narrative Update • Jan 19
FLEX: Power And Cloud Shift Will Support Future AI Data Center Demand
Analysts have increased their price expectations for Flex to reflect a modest rise in modeled fair value to about $73.70. This adjustment is supported by updated Street research citing strong recent earnings, higher expected revenue contribution from power, cloud and AI related sales, and the application of a slightly higher forward P/E multiple.Narrative Update • Jan 05
FLEX: AI Data Center Mix Will Drive Higher Margin Power Upside
Analysts have lifted their price targets on Flex to US$75, citing a recent fiscal Q2 beat; improved guidance tied to higher margin power and cloud sales; and higher artificial intelligence related estimates, which together support slightly higher long term growth and margin assumptions in our model. Analyst Commentary Recent Street research on Flex has turned more constructive, with several bullish analysts lifting their price targets after the fiscal Q2 print, stronger guidance, and higher artificial intelligence related expectations.Narrative Update • Dec 18
FLEX: AI And Data Center Demand Will Drive Multi-Year Earnings Upside
The analyst price target for Flex has been raised from $64 to $78 per share, reflecting analysts' increased conviction in faster revenue growth, stronger margins, and higher future earnings multiples supported by robust Q2 results, upgraded AI and data center expectations, and a sustained mix shift toward higher-value power, cloud, and auto end markets. Analyst Commentary Bullish analysts are broadly revising their models higher following Flex's fiscal Q2 beat, pointing to a combination of stronger execution, higher quality revenue mix, and increasing visibility into key secular growth drivers such as AI, data centers, and autos.Narrative Update • Dec 04
FLEX: Power And Cloud Mix Will Drive Stronger AI Data Center Demand
Flex's analyst price target has been raised by analysts to about $75, a roughly $10 increase. This reflects stronger than expected Q2 results, improved guidance driven by higher margin power, cloud, and AI related revenues, and increased confidence in long term data center and auto demand trends.Narrative Update • Nov 20
FLEX: Power And Cloud Strength Will Drive Renewed Data Center Momentum
Analysts have increased their price target for Flex from $65 to $75, citing strong quarterly results, improved guidance, and ongoing momentum in high-margin power and cloud-related sales. Analyst Commentary Analyst sentiment towards Flex remains largely positive following the company's recent earnings report and updated guidance.Narrative Update • Nov 05
FLEX: Future Demand for AI and Cloud Will Drive Continued Outperformance
The analyst price target for Flex has been raised from $60 to $75 per share. Analysts cite strong quarterly results, increased estimates, and confidence in higher-margin revenue from power, cloud, and AI-related applications as key reasons for the upward revision.Narrative Update • Oct 22
Analyst Views Mixed as Flex Price Target Rises on Data Center and Market Strength
Flex's analyst price target has been revised upward from $59 to $60.43. Analysts cited stronger-than-expected data center growth and robust end-market demand as key factors behind the increased valuation.Narrative Update • Oct 08
Data Center Demand And AI Infrastructure Will Spark Future Opportunity
Flex's analyst price target has increased from $57.86 to $59.00. Analysts point to higher auto industry forecasts, resilient data center demand, and the company's ability to offset tariff impacts as key factors supporting the upward revision.Analysis Article • Jul 23
Why Flex Ltd. (NASDAQ:FLEX) Could Be Worth Watching
Flex Ltd. ( NASDAQ:FLEX ) led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. The...Analysis Article • Jun 23
A Look At The Fair Value Of Flex Ltd. (NASDAQ:FLEX)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Flex fair value estimate is US$49.56 Flex's US$46.03 share...Seeking Alpha • Feb 06
Flex: Data Center Growth And Margin Expansion Continue To Impress
Summary I maintain a 'Buy' rating on Flex due to robust EPS growth driven by AI demand, particularly in data center power and cooling solutions. The Company's 3Q25 earnings exceeded expectations, with significant growth in data center revenue and management raising FY25 EPS guidance. The AI infrastructure investment supercycle, led by hyperscalers, provides strong growth visibility for FLEX, especially in power, cooling, and embedded computing solutions. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$880m |
| Dec 31 2025 | n/a | n/a | US$852m |
| Sep 26 2025 | n/a | n/a | US$876m |
| Jun 27 2025 | n/a | n/a | US$891m |
| Mar 31 2025 | US$16m | US$1m | US$838m |
| Dec 31 2024 | n/a | n/a | US$1b |
| Sep 27 2024 | n/a | n/a | US$841m |
| Jun 28 2024 | n/a | n/a | US$650m |
| Mar 31 2024 | US$15m | US$1m | US$633m |
| Dec 31 2023 | n/a | n/a | US$30m |
| Sep 29 2023 | n/a | n/a | US$167m |
| Jun 30 2023 | n/a | n/a | US$376m |
| Mar 31 2023 | US$16m | US$1m | US$443m |
| Dec 31 2022 | n/a | n/a | US$818m |
| Sep 30 2022 | n/a | n/a | US$815m |
| Jul 01 2022 | n/a | n/a | US$919m |
| Mar 31 2022 | US$14m | US$1m | US$868m |
| Dec 31 2021 | n/a | n/a | US$1b |
| Oct 01 2021 | n/a | n/a | US$990m |
| Jul 02 2021 | n/a | n/a | US$767m |
| Mar 31 2021 | US$12m | US$863k | US$613m |
| Dec 31 2020 | n/a | n/a | US$422m |
| Sep 25 2020 | n/a | n/a | US$325m |
| Jun 26 2020 | n/a | n/a | US$95m |
| Mar 31 2020 | US$11m | US$1m | US$88m |
Compensation vs Market: Revathi's total compensation ($USD16.42M) is about average for companies of similar size in the US market ($USD14.67M).
Compensation vs Earnings: Revathi's compensation has been consistent with company performance over the past year.
CEO
Revathi Advaithi (58 yo)
7.3yrs
Tenure
US$16,422,136
Compensation
Ms. Revathi Advaithi has been Chief Executive Officer and Director Flex Ltd. since February 11, 2019. Ms. Advaithi has been Independent Director of Uber Technologies, Inc. since July 1, 2020.She served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.3yrs | US$16.42m | 0.31% $ 167.0m | |
| President & Chief Commercial Officer | 1.9yrs | US$9.15m | 0.026% $ 13.9m | |
| Chief Financial Officer | 1.4yrs | US$10.27m | 0.041% $ 22.3m | |
| Chief Operating Officer | 4.2yrs | US$9.21m | 0.028% $ 15.3m | |
| Executive VP & General Counsel | 9.8yrs | US$3.83m | 0.026% $ 14.0m | |
| Executive Vice President of Finance | no data | US$1.84m | no data | |
| Chief Accounting Officer | 4.3yrs | no data | 0.0056% $ 3.0m | |
| Senior Vice President of Global Investor Relations & Public Relations | no data | no data | no data | |
| Chief Human Resources Officer | 4.8yrs | no data | no data | |
| President of Manufacturing & Services | 4.4yrs | no data | no data | |
| President of Automotive Business | 6yrs | no data | no data | |
| Chief Strategy Officer | 4.6yrs | no data | no data |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: FLEX's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.3yrs | US$16.42m | 0.31% $ 167.0m | |
| Independent Chairman | 17.2yrs | US$440.04k | 0.025% $ 13.6m | |
| Independent Director | 14.3yrs | US$339.87k | 0.056% $ 30.1m | |
| Director | 5.8yrs | US$302.79k | 0.015% $ 8.0m | |
| Independent Director | 5.6yrs | US$305.00k | 0.014% $ 7.3m | |
| Independent Director | 3.8yrs | US$305.00k | 0.0059% $ 3.2m | |
| Independent Director | 4.4yrs | US$305.00k | 0.0091% $ 4.9m | |
| Independent Director | 7.6yrs | US$353.00k | 0.011% $ 6.0m | |
| Independent Director | 6yrs | US$353.00k | 0.0026% $ 1.4m |
6.0yrs
Average Tenure
62yo
Average Age
Experienced Board: FLEX's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/21 15:32 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Flex Ltd. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Luke Junk | Baird |
| Timothy Long | Barclays |