NASDAQ: FLEX

Flex (FLEX) Stock Analysis & Forecast

Flex Ltd. Electronic technology sector, electronic production equipment industry. Market cap $40.08B.

$108.51−0.51 (−0.5%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

Gekko Brief

AI summary

Flex trades at $108.51, down 0.5%, sitting between its 50-day average of $116.84 and 200-day average of $97.23. The GekkoIndex reads 62.1, placing the stock in the Accumulation zone. Price sits 5.1% below Gekko Fair Value of $114.39. Over the past month the stock is down 4%, though it remains up 92.2% over the past year.

This week's news centers on the planned spin-off of Flex's Cloud and Power Infrastructure business. The company unveiled the new entity's name, Axiom Solutions International, and filed a preliminary Form 10 registration statement, with shares rising 2.6% in premarket trading on the announcement. Flex also disclosed expected leadership changes tied to the separation, including Amy B. Schwetz joining as CFO of the RMS and ITS segments and expected to become Flex CFO post-separation, along with four new board directors. The separation and related corporate restructuring, including a CEO change, is expected to be finalized by early next year.

Flex's next earnings report is scheduled for 4 November 2026, 45 days out and beyond a typical 20-trading-day window. In the last quarter, adjusted EPS of $1.00 accompanied revenue of $7.9 billion, up 21% year over year. Over the last 30 days, one unusual options signal registered, with put premium of $3,978,479 and no call premium recorded. All 8 covering analysts rate the stock a buy, with a consensus target of $160.50. Seasonally, the next 20 trading days have averaged a 3.7% gain over 5 years, rising in 4 of them.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $108.51200-day averageGekko Fair Value $114.39

Key stats

Market cap
$40.08B
P/E ratio
41.6
Forward P/E
23.2
EPS, TTM
$2.62
Revenue, TTM
$29.27B
Profit margin
3.3%
Dividend yield
Beta
1.65
Volume
9.25M avg 3.17M
1-year return
+92.2%
Typical daily move
±4.6%
Typical 20-day move
±6.6%
50-day average
$116.84
200-day average
$97.23
Next earnings
Nov 4
Shares outstanding
369.4M
52-week range
$53.07$166.86

Flex swing-trade checklist

Flex scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $108.51 sits between the 50-day ($116.84) and 200-day ($97.23) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    62.1, Accumulation

    Reading 62.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    5.1% below

    Price is 5.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.7% on average

    From this point in the calendar, the next 20 trading days averaged +3.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Flex stock chart and price history

Flex closed at $108.51 on Sep 18, 2026, +92.2% over the past year, inside a 52-week range of $53.07 to $166.86.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−4.0%
3 months
−26.5%
6 months
+64.9%
1 year
+92.2%
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About Flex

Flex acts as a manufacturing and engineering partner for original equipment makers spread across Asia, the Americas and Europe. It develops a wide mix of cross-sector technologies, from interfaces that let people operate machines to connected sensor and audio systems, and it has become known for building charging and power hardware for phones, tablets, laptops, gaming consoles, servers and networking gear, as well as tracking equipment paired with software for large-scale solar installations.

Its work is divided into three units, Flex Agility Solutions, Flex Reliability Solutions, and Nextracker. Alongside engineering support, the company assembles finished products, which involves shaping enclosures, running quality checks, and sourcing and managing materials. It also manages logistics from production through to after-sale service, taking care of item returns, exchanges, repairs, recovery of used assets and disposal of electronic waste. Clients come from cloud computing, communications, enterprise technology, automotive, industrial equipment, consumer goods, healthcare and energy fields.

The company traces back to 1990 and was established in Singapore, having operated for years as Flextronics International Ltd before renaming itself Flex Ltd in September 2016. Its stock trades on the NASDAQ under the ticker FLEX.

Listed
NASDAQ
Sector
Electronic technology
Industry
Electronic production equipment
Website
flex.com

Flex GekkoIndex: the smart money zone

Flex’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.1, in the Accumulation zone, up 4.3 points over five sessions.

010062.1Accumulation

Up 4.3 points over five sessions, from the Neutral zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying18+4.4%+8.4%+5.8%+32.9%
Accumulation (current zone)136+1.3%+1.9%+4.3%+21.4%
Neutral410+0.8%+1.8%+4.8%+15.4%
Distribution90+4.3%+8.7%+13.6%+14.1%
Selling8Too few readings yet

Average FLEX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FLEX price, zone by zone.Track FLEX in Gekko

Is Flex stock overvalued? Gekko Fair Value

Flex trades 5.1% below Gekko Fair Value of $114.39, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Flex shares are worth, recalculated every trading day.

$114.39

Gekko Fair Value, Sep 19, 2026

5.1% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FLEX in Gekko

Flex insider and Congress trading

No open-market insider purchases were filed for Flex, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FLEX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FLEX insider filing, plotted on the chart in Gekko.Open FLEX in Gekko

Congress trades last 90 days

No trades in FLEX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FLEX, plotted on the chart in Gekko.Open FLEX in Gekko

Buybacks

Flex has been buying back its own shares.

Latest authorization
$2.00B, Aug 7, 2026
Bought back, quarter ended Jun 26, 2026
$944.0M
As a share of market cap
2.36%
Trailing four quarters
$1.64B

From company filings.

Unusual options activity last 30 days

1signal, 0% of the flagged premium in calls.

Latest: Bearish flow on Aug 21, $3.98M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold FLEX.

1added1opened0trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Flex earnings: next date and track record

Flex reports on Nov 4, 2026 (45 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

0.0%Oct ’24+3.7%Jan ’25+4.8%May ’25−7.1%Jul ’25−0.4%Oct ’25−8.8%Feb ’26+37.9%May ’26−1.2%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Flex reported an exceptional Q1 FY2027 with strong revenue growth, margin expansion across segments, and record adjusted EPS of $1.00. Revenue was $7.9B, up 21% YoY; adjusted gross margin improved to 9.6%; adjusted operating margin rose to 6.7%; and adjusted operating income was driven by performance in industrial and communications as well as cloud and power infrastructure (CPI). CPI revenue grew 35% in Q1 and management guided to significant back-half acceleration driven by capacity investments, with booked backlog and visibility described as strong (90%+ booked for the next three quarters). Management highlighted strategic wins and partnerships (Cerebras, NVIDIA, JetCool acquisition) and emphasized the planned spin-off of the CPI business (SpinCo) to sharpen focus and capital allocation for AI infrastructure growth. Communications (advanced networking) and industrial (energy infrastructure, warehouse automation) were called out as durable, high-value growth markets. Management repeatedly expressed confidence in capacity execution and roadmap (400V/800V transitions, modular power/cooling), while noting some margin pressure from investments and that cooling remains nascent and requires scaling.
Guidance
CPI/Q2: revenue growth guide 45%–55% year-over-year. CPI full-year FY2027 guidance: approximately 65%–75% YoY (management cited 70% as their internal guide). Management referenced FY2028 expectations for CPI growth accelerating to ~80% (framework/expectation, not a formal quarterly guide). Bookings visibility: CPI reportedly ~90%+ booked for the next three quarters. No explicit consolidated full-year revenue or EPS numeric guide was presented on the call beyond segment-level directional guides.
Risks flagged
Risks mentioned or implied: need for significant CapEx and facility/capacity commissioning to support back-half ramps (execution risk); margin dilution in the near term due to investments and acquisitions; cooling market is nascent and must scale; potential component/supply constraints (management stated these are modeled into guidance but remain a factor); macro/industry uncertainty reflected in standard forward-looking cautionary statements and SEC-filed risk factors referenced in the release.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.86
est $0.86
0.0%$7.93B
est $7.53B
+5.3%−1.2%
May 6, 2026$0.93
est $0.87
+6.4%$7.48B
est $6.96B
+7.4%+37.9%
Feb 4, 2026$0.87
est $0.79
+10.1%$7.06B
est $6.83B
+3.3%−8.8%
Oct 29, 2025$0.79
est $0.75
+4.8%$6.80B
est $6.68B
+1.8%−0.4%
Jul 24, 2025$0.72
est $0.63
+14.3%$6.58B
est $6.29B
+4.6%−7.1%
May 7, 2025$0.73
est $0.70
+5.0%$6.40B
est $6.24B
+2.6%+4.8%
Jan 29, 2025$0.77
est $0.63
+22.2%$6.56B
est $6.15B
+6.6%+3.7%
Oct 30, 2024$0.64
est $0.56
+14.3%$6.55B
est $6.53B
+0.3%0.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Flex stock forecast and analyst price targets

Analysts’ average 12-month price target for Flex is $160.50, +47.9% from the last close, from 8 firms rating the stock in the last 90 days.

$160.50consensus 12-month target, +47.9% from the last close
Low $142High $180
Buy8
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 16BarclaysBuy, maintained$144+32.7%
Sep 4BarclaysBuy, maintained$144+32.7%
Sep 3Goldman SachsBuy, maintained$154+41.9%
Aug 30Goldman SachsBuy, maintained$154+41.9%
Jul 30Robert W. BairdBuy, maintained$142+30.9%
+4.3%average 20-day move after past Accumulation readings
+3.7%average move over the next 20 trading days in the last 5 years
±4.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Flex seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Flex averaged +3.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+7.2%2021−5.3%2022+0.5%2023+7.7%2024+6.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.6%2 of 5
Next 10 trading days−0.6%3 of 5
Next 15 trading days+1.8%3 of 5
Next 20 trading days+3.7%4 of 5
Next 30 trading days+5.4%3 of 5

For scale, FLEX’s typical 20-trading-day move in either direction is about 6.6%.

Flex market cap and key statistics

Flex’s market cap is $40.08B, with a P/E ratio of 41.6 and revenue of $29.27B over the last twelve months.

Valuation

Market cap
$40.08B
P/E ratio
41.6
Forward P/E
23.2
EPS, TTM
$2.62
Gekko Fair Value
$114.39

Trading

Volume
9.25M
Avg volume, 20 days
3.17M
52-week high
$166.86
52-week low
$53.07
Shares outstanding
369.4M

Financials

Revenue, TTM
$29.27B
Profit margin
3.3%
Return on equity
18.4%
Quarterly earnings growth, YoY
+52.0%

Risk and income

Beta
1.65
Typical daily move
±4.6%
Typical 20-day move
±6.6%

Flex peers

Flex’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
VRTVertiv+1.3%Accumulation8.8% below
BEBloom Energy−6.6%Neutral7.4% above
TERTeradyne+3.4%Neutral3.0% above
SANMSanmina+0.9%Neutral0.7% below
AEISAdvanced Energy Industries+2.1%Accumulation12.9% below
LFUSLittelfuse+0.8%Accumulation5.8% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Flex stock FAQ

What is Flex’s market cap?

Flex’s market cap is $40.08B at the Sep 18, 2026 close of $108.51, with 369.4M shares outstanding. The shares trade on a P/E ratio of 41.6.

What is the Flex stock forecast?

The consensus analyst 12-month price target for Flex is $160.50, +47.9% from the last close. Of the 8 firms that rated the stock in the last 90 days, 8 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Flex stock overvalued or undervalued?

On Gekko’s estimate Flex is undervalued: the Sep 18, 2026 close of $108.51 is 5.1% below Gekko Fair Value of $114.39. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Flex report earnings next?

Flex is expected to report on Nov 4, 2026 (45 days away). Analysts expect earnings of $1.05 per share on revenue of $8.17B. Flex beat the earnings estimate in 7 of its last 8 reports, moving 8% on average across the report.

What is Flex’s 52-week high and low?

Flex’s 52-week high is $166.86 and its 52-week low is $53.07; it closed at $108.51 on Sep 18, 2026, +92.2% over the past year.

Is Flex stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Flex?

Gekko flagged 1 unusual options signal in Flex over the last 30 days, with $0 of flagged premium in calls and $3.98M in puts. The latest, bearish flow, was on Aug 21, 2026 with $3.98M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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