Flex (NASDAQ:FLEX – Get Free Report) is projected to post its Q2 2027 results before the market opens on Wednesday, October 28th. Analysts expect Flex to announce earnings of $1.06 per share and revenue of $8.17 billion for the quarter. Individuals may visit the company’s upcoming Q2 2027 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:30 AM ET.
Flex (NASDAQ:FLEX – Get Free Report) last released its earnings results on Friday, June 26th. The technology company reported $1.00 earnings per share for the quarter. Flex had a return on equity of 23.15% and a net margin of 3.32%. The company had revenue of $7.93 billion for the quarter. On average, analysts expect Flex to post $4.27 EPS for the current fiscal year and $6.15 EPS for the next fiscal year.
Flex Stock Performance
NASDAQ:FLEX opened at $87.49 on Wednesday. The stock has a 50-day simple moving average of $111.41 and a two-hundred day simple moving average of $119.40. Flex has a 52-week low of $53.07 and a 52-week high of $166.86. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.89 and a current ratio of 1.38. The firm has a market capitalization of $32.32 billion, a PE ratio of 27.36, a P/E/G ratio of 0.44 and a beta of 1.67.
Flex News Roundup
Here are the key news stories impacting Flex this week:
- Positive Sentiment: Flex is broadening its payment platform beyond rent to help consumers manage additional recurring financial obligations. Expanding the addressable market could support future revenue growth, although the initiative remains dependent on customer adoption and execution. Flex Expands Beyond Rent to Build the Payment Layer for Life’s Financial Obligations
- Positive Sentiment: Flex’s acquisition of EPC Power adds power-conversion capabilities to its AI data-center infrastructure portfolio. The deal could strengthen the company’s positioning in the fast-growing AI infrastructure market ahead of the planned 2027 separation of its Communications and Consumer Products business. Can EPC Power Acquisition Boost Flex’s AI Infrastructure Growth?
- Positive Sentiment: Analyst coverage cited a consensus price target of $119.67, well above the reported trading level. This indicates that analysts, on average, still see meaningful upside, though price targets are estimates rather than guarantees. Flex Ltd. Stock Has Consensus Price Target of $119.67 According to Analysts
Insider Transactions at Flex
In other Flex news, insider Michael P. Hartung sold 2,755 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $120.64, for a total transaction of $332,363.20. Following the sale, the insider directly owned 243,175 shares of the company’s stock, valued at $29,336,632. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.62% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. Freedom Capital raised Flex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Wall Street Zen upgraded Flex from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Robert W. Baird set a $142.00 target price on shares of Flex in a research note on Thursday, July 30th. Barclays decreased their target price on shares of Flex from $203.00 to $144.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Weiss Ratings downgraded shares of Flex from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $119.67.
View Our Latest Stock Report on Flex
Flex Company Profile
Flex Ltd. (NASDAQ: FLEX) is a global manufacturing and supply chain solutions provider. The company helps original equipment manufacturers design, engineer, manufacture, distribute and service products across their lifecycles.
Flex serves customers in industries including automotive, communications, consumer electronics, health care, industrial, lifestyle and cloud infrastructure. Its capabilities include product design and engineering, printed circuit board assembly, systems integration, supply chain management, logistics, and aftermarket services.
The company was founded in 1969 as Flextronics and later adopted the name Flex.
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