Flex (NASDAQ:FLEX) Releases FY 2027 Earnings Guidance

Flex (NASDAQ:FLEX) updated its FY 2027 earnings guidance on Tuesday. 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FLEX shares. Robert W. Baird started coverage on Flex in a report on Thursday, March 12th. They issued an “outperform” rating and a $70.00 price target on the stock. Stifel Nicolaus boosted their target price on Flex from $75.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Raymond James Financial set a $80.00 target price on Flex and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target on Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Finally, Wall Street Zen cut Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Flex presently has an average rating of “Moderate Buy” and a consensus price target of $72.30.

Flex Price Performance

NASDAQ FLEX traded up $4.61 during trading hours on Tuesday, reaching $96.45. The company’s stock had a trading volume of 9,363,183 shares, compared to its average volume of 3,707,682. The firm has a market capitalization of $35.46 billion, a price-to-earnings ratio of 43.25, a P/E/G ratio of 1.98 and a beta of 1.46. Flex has a 1-year low of $34.94 and a 1-year high of $96.58. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 0.88. The company’s 50-day moving average is $71.65 and its two-hundred day moving average is $66.02.

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

Insider Buying and Selling

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the business’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 transaction of $1,030,225.00. Following the completion of the sale, the chief operating officer directly owned 233,636 shares in the company, valued at approximately $13,754,151.32. The trade was a 6.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.57% of the company’s stock.

Key Headlines Impacting Flex

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 Investors Weigh In On Flex

Several large investors have recently bought and sold shares of the company. Compound Planning Inc. increased its stake in Flex by 3.1% during the 4th quarter. Compound Planning Inc. now owns 13,653 shares of the technology company’s stock worth $825,000 after buying an additional 409 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Flex by 93.7% in the fourth 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 in the last quarter. Vident Advisory LLC grew its position in shares of Flex by 25.3% in the fourth 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 in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Flex in the fourth quarter valued at approximately $612,000. Finally, Mackenzie Financial Corp purchased a new stake in shares of Flex in the fourth quarter valued at approximately $2,772,000. 94.30% of the stock is currently owned by hedge funds and other institutional investors.

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.