Flex (Nasdaq:FLEX) - Stock Price, News & Analysis

FLEX Stock Overview

Provides manufacturing solutions to various brands in Asia, the Americas, and Europe.

FLEX fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 14.4% below our estimate of its fair value

Earnings are forecast to grow 20.61% per year

Earnings grew by 72.2% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Large one-off items impacting financial results

Community Narratives

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Expanding In Cloud, Power, And Automotive Fuels Growth Despite Financial Leadership Changes

US$38.03

16.0% undervalued

3.64%

Revenue growth p.a.

8 days ago

Flex Ltd. Competitors

Jabil

NYSE:JBL

US$12.2b

Fabrinet

NYSE:FN

US$8.9b

TE Connectivity

NYSE:TEL

US$46.2b

Sanmina

NasdaqGS:SANM

US$3.8b

Price History & Performance

Summary of all time highs, changes and price drops for Flex
Historical stock prices
Current Share Price	US$31.95
52 Week High	US$34.12
52 Week Low	US$21.84
Beta	1.11
11 Month Change	2.27%
3 Month Change	-3.56%
1 Year Change	15.80%
33 Year Change	67.89%
5 Year Change	207.80%
Change since IPO	1,662.76%

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

Aug 03

Recent updates

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

Aug 03

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

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

Should You Investigate Flex Ltd. (NASDAQ:FLEX) At US$21.48?

Dec 25

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

Dec 07

Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

Nov 24

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 37% Undervalued

Nov 10

Shareholder Returns

	FLEX	US Electronic	US Market
7D	1.2%	-5.1%	-0.8%
1Y	15.8%	16.2%	21.5%

Return vs Industry: FLEX underperformed the US Electronic industry which returned 19% over the past year.

Return vs Market: FLEX underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is FLEX's price volatile compared to industry and market?
FLEX volatility
FLEX Average Weekly Movement	5.6%
Electronic Industry Average Movement	7.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	14.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FLEX has not had significant price volatility in the past 3 months.

Volatility Over Time: FLEX's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1969	148,115	Revathi Advaithi	www.flex.com

Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.

Flex Ltd. Fundamentals Summary

How do Flex's earnings and revenue compare to its market cap?
FLEX fundamental statistics
Market cap	US$12.79b
Earnings (TTM)	US$650.00m
Revenue (TTM)	US$25.84b

19.5x

P/E Ratio

0.5x

P/S Ratio

Is FLEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLEX income statement (TTM)
Revenue	US$25.84b
Cost of Revenue	US$23.82b
Gross Profit	US$2.01b
Other Expenses	US$1.36b
Earnings	US$650.00m

Last Reported Earnings

Jun 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.64
Gross Margin	7.80%
Net Profit Margin	2.52%
Debt/Equity Ratio	64.4%

How did FLEX perform over the long term?

See historical performance and comparison

FLEX Stock Overview

Rewards

Risk Analysis

Expanding In Cloud, Power, And Automotive Fuels Growth Despite Financial Leadership Changes

Flex Ltd. Competitors

NYSE:JBL

US$12.2b

NYSE:FN

US$8.9b

NYSE:TEL

US$46.2b

NasdaqGS:SANM

US$3.8b

Price History & Performance

Recent News & Updates

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

Recent updates

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

Flex Ltd. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year Fiscal 2024

Flex Ltd. to Report Q1, 2024 Results on Jul 26, 2023

Flex Ltd. to Report Q1, 2024 Results on Jul 26, 2023

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

Flex Ltd., Annual General Meeting, Aug 02, 2023

Key Executive notifies of intention to sell stock

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