Flex (NASDAQ:FLEX) Issues Q1 2027 Earnings Guidance

Flex (NASDAQ:FLEX) issued an update on its first quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.860-0.920 for the period, compared to the consensus EPS estimate of 0.810. The company issued revenue guidance of $7.4 billion-$7.7 billion, compared to the consensus revenue estimate of $7.0 billion. Flex also updated its FY 2027 guidance to 4.210-4.510 EPS.

Analyst Ratings Changes

Several analysts recently commented on FLEX shares. Wall Street Zen cut shares of Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Stifel Nicolaus upped their price objective on shares of Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Robert W. Baird started coverage on shares of Flex in a research note on Thursday, March 12th. They set an “outperform” rating and a $70.00 target price for the company. Raymond James Financial set a $80.00 price target on shares of Flex and gave the company an “outperform” rating in a report on Wednesday, February 4th. Finally, Barclays upped their price target on shares of Flex from $71.00 to $72.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Flex presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.30.

Flex Stock Performance

Shares of NASDAQ FLEX opened at $96.45 on Wednesday. The business’s 50-day simple moving average is $71.65 and its 200-day simple moving average is $66.02. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 1.40. Flex has a 52 week low of $34.94 and a 52 week high of $96.58. The firm has a market cap 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 (NASDAQ:FLEX) last posted its earnings results on Wednesday, May 6th. The technology company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.06. The firm had revenue of $7.48 billion during the quarter, compared to analyst estimates of $6.96 billion. Flex had a return on equity of 20.99% and a net margin of 3.17%.The company’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 EPS. As a group, equities research analysts expect that Flex will post 2.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Flex

In related news, COO Kwang Hooi Tan sold 17,500 shares of the company’s stock in a transaction on Monday, March 9th. The shares were 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 of the company’s stock, valued at approximately $13,754,151.32. This represents 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. Insiders own 0.57% of the company’s stock.

Key Stories Impacting Flex

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Q4 results beat expectations — Flex reported adjusted EPS of $0.93 and revenue of ~$7.48B, topping estimates and showing 17% y/y revenue growth; margins remained strong (adjusted operating margin ~6.7%). This confirmed both growth and profitability momentum. Read More.
• Positive Sentiment: Aggressive FY2027 guidance — Flex raised fiscal‑2027 guidance to adj. EPS $4.21–$4.51 and revenue $32.3B–$33.8B (well above consensus), indicating faster earnings growth and continued margin expansion, a major catalyst for the rally.
• Positive Sentiment: Planned spin-off of Cloud & Power segment — Flex will separate its Cloud & Power Infrastructure unit into a new publicly traded company (SpinCo) to sharpen both companies’ strategies and capture AI/data-center infrastructure upside; Flex may retain up to a 19.9% stake. This creates a clearer growth story for investors. Read More.
• Positive Sentiment: EP² acquisition completed — Flex closed the Electrical Power Products deal, expanding critical power capabilities for data centers, utilities and grid modernization, supporting longer‑term growth in high‑value infrastructure. Read More.
• Neutral Sentiment: Market commentary and press coverage — Multiple outlets flagged the same themes (record results, upbeat guidance, spin‑off) that likely amplified trading volume and after‑hours moves. Read More.
• Negative Sentiment: Insider selling — QuiverQuant data noted notable insider sales in recent months (multiple executives sold shares), which some investors view as a cautionary signal even amid strong company results. Read More.
• Negative Sentiment: Ongoing consumer weakness — Analysts noted the consumer end market remains a headwind; sustained consumer softness could limit upside if data-center and industrial strength don’t fully offset it. Read More.

Institutional Investors Weigh In On Flex

A number of hedge funds have recently bought and sold shares of FLEX. Brighton Jones LLC acquired a new position in shares of Flex during the 4th quarter worth about $260,000. nVerses Capital LLC acquired a new stake in Flex in the 4th quarter valued at approximately $299,000. VARCOV Co. bought a new position in Flex in the 4th quarter worth approximately $260,000. Aptus Capital Advisors LLC acquired a new position in shares of Flex during the fourth quarter worth approximately $255,000. Finally, Wealthspire Advisors LLC boosted its position in shares of Flex by 151.1% in the fourth quarter. Wealthspire Advisors LLC now owns 3,952 shares of the technology company’s stock valued at $239,000 after acquiring an additional 2,378 shares during the period. 94.30% of the stock is currently 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.