Flex (NASDAQ:FLEX) Issues Q1 2026 Earnings Guidance

Flex (NASDAQ:FLEX - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.580-0.660 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $6.0 billion-$6.5 billion, compared to the consensus revenue estimate of $6.3 billion. Flex also updated its FY 2026 guidance to 2.810-3.010 EPS.

Flex Trading Up 0.5 %

Shares of FLEX stock opened at $36.77 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.63. Flex has a 12-month low of $25.11 and a 12-month high of $45.10. The stock has a market capitalization of $14.09 billion, a P/E ratio of 14.83, a P/E/G ratio of 2.43 and a beta of 0.96. The firm's 50 day moving average is $33.43 and its 200 day moving average is $37.40.

Analyst Ratings Changes

A number of research analysts recently issued reports on FLEX shares. Barclays boosted their price objective on Flex from $43.00 to $49.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Stifel Nicolaus initiated coverage on shares of Flex in a research note on Tuesday, February 11th. They issued a "buy" rating and a $52.00 price objective for the company. StockNews.com raised shares of Flex from a "hold" rating to a "buy" rating in a report on Friday, February 14th. JPMorgan Chase & Co. decreased their price target on Flex from $52.00 to $40.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, KeyCorp dropped their price objective on Flex from $46.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $43.67.

Insider Buying and Selling

In other Flex news, Director Lay Koon Tan sold 50,000 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $43.25, for a total transaction of $2,162,500.00. Following the transaction, the director now owns 202,850 shares in the company, valued at $8,773,262.50. The trade was a 19.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP David Scott Offer sold 87,093 shares of the stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $36.43, for a total transaction of $3,172,797.99. Following the completion of the sale, the executive vice president now directly owns 71,001 shares in the company, valued at $2,586,566.43. This trade represents a 55.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 201,900 shares of company stock worth $8,179,677. Corporate insiders own 0.82% of the company's stock.

Institutional Trading of Flex

A hedge fund recently bought a new stake in Flex stock. Brighton Jones LLC purchased a new position in Flex Ltd. (NASDAQ:FLEX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,768 shares of the technology company's stock, valued at approximately $260,000. 94.30% of the stock is owned by institutional investors.

About Flex

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.

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