Flex (NASDAQ:FLEX) Announces Quarterly Earnings Results

Flex (NASDAQ:FLEX) released its quarterly earnings data on Tuesday. The technology company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06, Briefing.com reports. Flex had a return on equity of 20.99% and a net margin of 3.17%.The business had revenue of $7.48 billion for the quarter, compared to analyst estimates of $6.96 billion. During the same quarter in the prior year, the firm posted $0.73 EPS. The business’s quarterly revenue was up 17.2% compared to the same quarter last year. Flex updated its FY 2027 guidance to 4.210-4.510 EPS and its Q1 2027 guidance to 0.860-0.920 EPS.

Flex Price Performance

Shares of NASDAQ:FLEX traded up $38.28 during midday trading on Wednesday, reaching $134.73. 18,714,560 shares of the company’s stock traded hands, compared to its average volume of 3,887,195. Flex has a 1 year low of $34.94 and a 1 year high of $134.99. The company has a market cap of $49.54 billion, a P/E ratio of 60.42, a PEG ratio of 1.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 1.40. The company has a fifty day simple moving average of $71.65 and a two-hundred day simple moving average of $66.02.

Flex News Summary

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Q4 results and guidance: Flex reported Q4 revenue of ~$7.5B and adjusted EPS $0.93, beating estimates; adjusted operating margin stayed strong (6.7%). Management raised FY2027 and Q1 guidance sharply (FY adjusted EPS guide ~4.21–4.51 vs. consensus ~3.60), which signals faster earnings growth and margin expansion. FLEX Q4 Results
• Positive Sentiment: Spin?off of Cloud & Power Infrastructure: Flex will separate its Cloud & Power (AI data?center infrastructure) segment into a new publicly traded company (targeted Q1 2027), intending to sharpen the parent’s manufacturing story while creating a high?growth SpinCo focused on critical digital/electrical infrastructure; Flex may retain up to ~19.9% of SpinCo. This can unlock value and attract AI?infrastructure investors. Spin-Off Announcement
• Positive Sentiment: Strategic bolt?on and positioning for AI: Flex completed the acquisition of Electrical Power Products (EP²) to expand its critical power offerings for data centers and utilities, strengthening the SpinCo growth profile into AI infrastructure. Acquisition & Analysis
• Neutral Sentiment: Momentum/valuation context: The stock hit a 52?week high after the news, prompting questions about near?term upside and whether the rally is fully priced; some sell?side price targets remain well below the new market price. Traders should weigh momentum vs. stretched valuation metrics. 52?Week High Note
• Negative Sentiment: Insider selling: Public filings and coverage note multiple insider sales over recent months (no offsetting buys disclosed), which some investors view as a cautionary signal even as management pursues the spin?off. Insider Activity

Wall Street Analyst Weigh In

Several equities research analysts have commented on FLEX shares. Raymond James Financial set a $80.00 price objective on Flex and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Robert W. Baird assumed coverage on Flex in a research report on Thursday, March 12th. They set an “outperform” rating and a $70.00 target price on the stock. Stifel Nicolaus increased their target price 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 report on Sunday, March 8th. Finally, JPMorgan Chase & Co. increased their target price on Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $72.30.

Insider Buying and Selling

In related news, COO Kwang Hooi Tan sold 17,500 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $58.87, for a total value of $1,030,225.00. Following the completion of the transaction, the chief operating officer directly owned 233,636 shares of the company’s stock, valued at approximately $13,754,151.32. This represents a 6.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Compound Planning Inc. raised its stake in Flex by 3.1% in the 4th quarter. Compound Planning Inc. now owns 13,653 shares of the technology company’s stock valued at $825,000 after purchasing an additional 409 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Flex by 93.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 536,230 shares of the technology company’s stock valued at $32,726,000 after purchasing an additional 259,403 shares during the last quarter. Vident Advisory LLC raised its stake in Flex by 25.3% in the 4th quarter. Vident Advisory LLC now owns 110,931 shares of the technology company’s stock valued at $6,702,000 after purchasing an additional 22,379 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Flex in the 4th quarter valued at $612,000. Finally, Mackenzie Financial Corp acquired a new position in Flex in the 4th quarter valued at $2,772,000. 94.30% of the stock is owned by institutional investors and hedge funds.

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.