Flex (NASDAQ:FLEX) Issues FY 2026 Earnings Guidance

Flex (NASDAQ:FLEX) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.210-3.270 for the period, compared to the consensus EPS estimate of 3.020. The company issued revenue guidance of $27.2 billion-$27.5 billion, compared to the consensus revenue estimate of $27.1 billion. Flex also updated its Q4 2026 guidance to 0.830-0.890 EPS.

Flex Trading Up 8.9%

Shares of NASDAQ FLEX traded up $5.35 during trading on Friday, reaching $65.50. The stock had a trading volume of 2,617,390 shares, compared to its average volume of 3,705,434. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.83 and a current ratio of 1.40. Flex has a fifty-two week low of $25.11 and a fifty-two week high of $72.22. The company has a market cap of $24.22 billion, a P/E ratio of 29.34, a PEG ratio of 1.56 and a beta of 1.24. The business’s 50-day moving average price is $63.60 and its 200-day moving average price is $59.09.

Flex (NASDAQ:FLEX) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.08. Flex had a net margin of 3.17% and a return on equity of 20.99%. The firm had revenue of $7.06 billion for the quarter, compared to analysts’ expectations of $6.84 billion. During the same quarter last year, the company earned $0.77 earnings per share. The firm’s 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 research analysts predict that Flex will post 2.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FLEX has been the topic of several analyst reports. Argus set a $85.00 target price on Flex in a research note on Friday, October 31st. Jefferies Financial Group restated a “hold” rating and issued a $23.00 price objective on shares of Flex in a report on Wednesday, November 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Flex in a report on Monday, December 29th. Wall Street Zen cut shares of Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 9th. Finally, KeyCorp lifted their price objective on shares of Flex from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.78.

Insider Buying and Selling

In other news, CFO Kevin Krumm sold 21,406 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $61.23, for a total transaction of $1,310,689.38. Following the completion of the sale, the chief financial officer directly owned 143,803 shares of the company’s stock, valued at $8,805,057.69. This trade represents a 12.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Daniel Wendler sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $71.97, for a total value of $719,700.00. Following the completion of the transaction, the chief accounting officer directly owned 27,619 shares in the company, valued at $1,987,739.43. The trade was a 26.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 86,406 shares of company stock worth $5,195,639. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Flex

Several institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Flex during the 3rd quarter worth approximately $52,000. EverSource Wealth Advisors LLC grew its stake in shares of Flex by 63.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,646 shares of the technology company’s stock valued at $132,000 after acquiring an additional 1,031 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Flex during the third quarter worth approximately $163,000. Parallel Advisors LLC lifted its position in Flex by 5.3% during the third quarter. Parallel Advisors LLC now owns 3,588 shares of the technology company’s stock worth $208,000 after purchasing an additional 181 shares during the period. Finally, Equitable Holdings Inc. bought a new position in shares of Flex in the 3rd quarter valued at $216,000. 94.30% of the stock is owned by 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.