Flex (NASDAQ:FLEX) Releases FY 2027 Earnings Guidance

Flex (NASDAQ:FLEX) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.210-4.510 for the period, compared to the consensus estimate of 3.600. The company issued revenue guidance of $32.3 billion-$33.8 billion, compared to the consensus revenue estimate of $29.2 billion. Flex also updated its Q1 2027 guidance to 0.860-0.920 EPS.

Flex Stock Performance

NASDAQ:FLEX traded up $4.61 during mid-day trading on Tuesday, reaching $96.45. 9,363,183 shares of the stock were exchanged, compared to its average volume of 3,707,682. The company has a 50 day simple moving average of $71.65 and a 200-day simple moving average of $66.02. The stock has a market capitalization of $35.46 billion, a P/E ratio of 33.04, a P/E/G ratio of 1.98 and a beta of 1.46. The company has a quick ratio of 0.88, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. Flex has a 1 year low of $34.94 and a 1 year high of $96.58.

Flex (NASDAQ:FLEX) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08. The firm had revenue of $7.06 billion for the quarter, compared to the consensus estimate of $6.84 billion. Flex had a return on equity of 20.99% and a net margin of 3.17%.The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 EPS. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. Analysts anticipate that Flex will post 2.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on FLEX shares. JPMorgan Chase & Co. raised their price target on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. 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. Stifel Nicolaus increased their price objective on Flex from $75.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Robert W. Baird assumed coverage on Flex in a research report on Thursday, March 12th. They set an “outperform” rating and a $70.00 price objective for the company. Finally, Wall Street Zen cut Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Flex presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.30.

Insiders Place Their Bets

In other news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer directly owned 233,636 shares of the company’s stock, valued at $13,754,151.32. This trade represents a 6.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.57% of the company’s stock.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Strong Q4 and upbeat FY2027 guidance: Flex reported solid Q4 sales (~$7.5B) and adjusted EPS above prior trends, and guided FY2027 to significantly higher adjusted EPS and operating margins — a clear driver for investor optimism on earnings growth and margin expansion. Flex jumps 16.6% on strong Q4 results, upbeat FY2027 guidance and planned cloud/power spin-off
• Positive Sentiment: Planned spin?off of Cloud & Power Infrastructure (SpinCo): Board approved a tax?free spin creating a dedicated high?growth critical infrastructure company targeting AI data?center power/thermal markets; Flex expects to retain up to ~19.9% — this sharpens the AI/data?center growth story and unlocks value. Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment
• Positive Sentiment: EP² acquisition closed: Flex completed the Electrical Power Products deal, expanding engineered?to?order critical?power capabilities for utilities and data centers — enhances addressable market for SpinCo and supports long?term growth. Flex Completes Acquisition of Electrical Power Products (EP²)
• Neutral Sentiment: Q4 metrics met/beat some expectations: The company reported EPS roughly in line with consensus and continued multi?quarter margin improvement (sixth straight quarter with adjusted operating margin ?6%), providing confirmation rather than a surprise. View Press Release
• Negative Sentiment: Recent insider selling: Company insiders have sold shares multiple times in the past six months with no reported insider buys, which some investors view as a cautionary signal even amid strong public results. Insider Trading Activity

Institutional Trading of Flex

Several hedge funds have recently modified their holdings of the business. State Street Corp lifted its holdings in shares of Flex by 17.8% in the 4th quarter. State Street Corp now owns 14,055,533 shares of the technology company’s stock valued at $849,235,000 after buying an additional 2,126,440 shares during the period. Northern Trust Corp lifted its holdings in shares of Flex by 3.3% in the 4th quarter. Northern Trust Corp now owns 3,197,827 shares of the technology company’s stock valued at $193,213,000 after buying an additional 101,218 shares during the period. Morgan Stanley lifted its holdings in shares of Flex by 19.9% in the 4th quarter. Morgan Stanley now owns 2,946,427 shares of the technology company’s stock valued at $178,023,000 after buying an additional 488,538 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of Flex by 118.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,811,248 shares of the technology company’s stock valued at $162,968,000 after buying an additional 1,522,308 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Flex by 694,916.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,641,062 shares of the technology company’s stock valued at $159,573,000 after buying an additional 2,640,682 shares during the period. 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.