Flex (FLEX) Expected to Post Earnings on Wednesday

Flex (NASDAQ:FLEXGet Free Report) is expected to announce its Q1 2027 results before the market opens on Wednesday, July 29th. Analysts expect Flex to announce earnings of $0.9010 per share and revenue of $7.5284 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

Flex (NASDAQ:FLEXGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share (EPS) for the quarter. Flex had a net margin of 3.15% and a return on equity of 22.12%. The firm had revenue of $7.48 billion during the quarter. On average, analysts expect Flex to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Flex Stock Performance

Shares of Flex stock opened at $118.51 on Monday. The stock has a market cap of $43.42 billion, a price-to-earnings ratio of 50.86, a P/E/G ratio of 0.62 and a beta of 1.64. Flex has a twelve month low of $47.83 and a twelve month high of $166.86. The company’s fifty day moving average is $141.37 and its 200 day moving average is $98.22. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 0.73.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FLEX. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Flex in a report on Friday, July 17th. JPMorgan Chase & Co. lifted their price objective on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Stifel Nicolaus upped their target price on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a report on Monday, April 20th. Zacks Research downgraded shares of Flex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Finally, Barclays boosted their price target on shares of Flex from $174.00 to $203.00 and gave the stock an “overweight” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $115.70.

Get Our Latest Stock Analysis on FLEX

Insiders Place Their Bets

In other news, EVP David Scott Offer sold 33,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $153.91, for a total value of $5,079,030.00. Following the transaction, the executive vice president directly owned 73,471 shares of the company’s stock, valued at $11,307,921.61. The trade was a 30.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Kwang Hooi Tan sold 26,657 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $144.48, for a total value of $3,851,403.36. Following the sale, the chief operating officer owned 257,527 shares in the company, valued at approximately $37,207,500.96. The trade was a 9.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 769,195 shares of company stock valued at $110,116,823 over the last 90 days. 0.62% of the stock is owned by company insiders.

Institutional Trading of Flex

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of Flex during the 4th quarter valued at $260,000. Goldman Sachs Group Inc. grew its holdings in Flex by 19.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,279,137 shares of the technology company’s stock worth $42,314,000 after purchasing an additional 211,046 shares during the period. Empowered Funds LLC bought a new stake in Flex in the first quarter valued at $397,000. EverSource Wealth Advisors LLC raised its holdings in shares of Flex by 63.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,646 shares of the technology company’s stock valued at $132,000 after purchasing an additional 1,031 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Flex by 92.4% during the 2nd quarter. First Trust Advisors LP now owns 62,078 shares of the technology company’s stock worth $3,099,000 after purchasing an additional 29,821 shares in the last quarter. Institutional investors own 94.30% of the company’s stock.

Flex Company Profile

(Get Free Report)

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.

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Earnings History for Flex (NASDAQ:FLEX)

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