Flex (NASDAQ:FLEX) Updates FY 2025 Earnings Guidance

Flex (NASDAQ:FLEX) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.570-2.650 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of $25.4 billion-$25.8 billion, compared to the consensus revenue estimate of $25.2 billion. Flex also updated its Q4 2025 guidance to 0.650-0.730 EPS.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays boosted their price target on Flex from $43.00 to $49.00 and gave the stock an “overweight” rating in a research note on Thursday. StockNews.com upgraded Flex from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Craig Hallum boosted their price objective on shares of Flex from $39.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Stifel Nicolaus raised their target price on shares of Flex from $40.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, KeyCorp assumed coverage on shares of Flex in a research report on Tuesday, October 22nd. They issued an “overweight” rating and a $41.00 price target on the stock. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $43.67.

Flex Stock Performance

NASDAQ:FLEX opened at $41.51 on Thursday. The firm’s fifty day simple moving average is $39.92 and its 200 day simple moving average is $35.30. The company has a current ratio of 1.43, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. Flex has a twelve month low of $23.43 and a twelve month high of $45.10. The firm has a market capitalization of $16.10 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.81 and a beta of 1.10.

Flex (NASDAQ:FLEX) last posted its earnings results on Wednesday, January 29th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. Flex had a return on equity of 16.66% and a net margin of 3.62%. As a group, equities research analysts expect that Flex will post 2.15 earnings per share for the current fiscal year.

Insider Transactions at Flex

In other Flex news, Director Charles K. Stevens III sold 13,157 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $38.69, for a total value of $509,044.33. Following the transaction, the director now directly owns 55,713 shares of the company’s stock, valued at $2,155,535.97. This represents a 19.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.82% of the company’s stock.

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.