Flex (NASDAQ:FLEX) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Flex (NASDAQ:FLEX) issued its quarterly earnings results on Tuesday. The technology company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.06, Briefing.com reports. Flex had a net margin of 3.17% and a return on equity of 20.99%. The company had revenue of $7.48 billion during the quarter, compared to analysts’ expectations of $6.96 billion. During the same period last year, the company posted $0.73 EPS. Flex’s revenue was up 17.2% on a year-over-year basis. Flex updated its FY 2027 guidance to 4.210-4.510 EPS and its Q1 2027 guidance to 0.860-0.920 EPS.

Flex Stock Up 39.7%

NASDAQ:FLEX traded up $38.28 on Wednesday, reaching $134.73. 18,723,137 shares of the stock traded hands, compared to its average volume of 3,887,440. The company has a market capitalization of $49.54 billion, a price-to-earnings ratio of 60.42, a PEG ratio of 1.98 and a beta of 1.46. The company has a current ratio of 1.40, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73. Flex has a 12 month low of $34.94 and a 12 month high of $134.99. The company’s fifty day simple moving average is $71.65 and its 200 day simple moving average is $66.02.

Key Headlines Impacting Flex

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Q4 results and guidance: Flex reported Q4 revenue of ~$7.5B and adjusted EPS $0.93, beating estimates; adjusted operating margin stayed strong (6.7%). Management raised FY2027 and Q1 guidance sharply (FY adjusted EPS guide ~4.21–4.51 vs. consensus ~3.60), which signals faster earnings growth and margin expansion. FLEX Q4 Results
• Positive Sentiment: Spin‑off of Cloud & Power Infrastructure: Flex will separate its Cloud & Power (AI data‑center infrastructure) segment into a new publicly traded company (targeted Q1 2027), intending to sharpen the parent’s manufacturing story while creating a high‑growth SpinCo focused on critical digital/electrical infrastructure; Flex may retain up to ~19.9% of SpinCo. This can unlock value and attract AI‑infrastructure investors. Spin-Off Announcement
• Positive Sentiment: Strategic bolt‑on and positioning for AI: Flex completed the acquisition of Electrical Power Products (EP²) to expand its critical power offerings for data centers and utilities, strengthening the SpinCo growth profile into AI infrastructure. Acquisition & Analysis
• Neutral Sentiment: Momentum/valuation context: The stock hit a 52‑week high after the news, prompting questions about near‑term upside and whether the rally is fully priced; some sell‑side price targets remain well below the new market price. Traders should weigh momentum vs. stretched valuation metrics. 52‑Week High Note
• Negative Sentiment: Insider selling: Public filings and coverage note multiple insider sales over recent months (no offsetting buys disclosed), which some investors view as a cautionary signal even as management pursues the spin‑off. Insider Activity

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on FLEX shares. Stifel Nicolaus lifted their price target on shares of Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Raymond James Financial set a $80.00 price target on shares of Flex and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Barclays lifted their price target on shares of Flex from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on shares of Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Finally, Robert W. Baird started coverage on shares of Flex in a research report on Thursday, March 12th. They set an “outperform” rating and a $70.00 price target for the company. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $72.30.

Insiders Place Their Bets

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $13,754,151.32. This trade represents a 6.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Flex

A number of institutional investors and hedge funds have recently bought and sold shares of FLEX. Compound Planning Inc. grew its stake in shares of Flex by 3.1% in the fourth quarter. Compound Planning Inc. now owns 13,653 shares of the technology company’s stock worth $825,000 after acquiring an additional 409 shares during the period. Mercer Global Advisors Inc. ADV grew its stake 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 worth $32,726,000 after acquiring an additional 259,403 shares during the period. Vident Advisory LLC grew its stake 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 worth $6,702,000 after acquiring an additional 22,379 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Flex in the fourth quarter worth approximately $612,000. Finally, Mackenzie Financial Corp bought a new stake in shares of Flex in the fourth quarter worth approximately $2,772,000. 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.