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 earnings per share guidance of 0.860-0.920 for the period, compared to the consensus earnings per share 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.

Flex Stock Performance

Shares of FLEX traded up $4.61 during midday trading on Tuesday, reaching $96.45. 9,363,183 shares of the stock were exchanged, compared to its average volume of 3,707,682. The business’s 50-day moving average price is $71.65 and its 200 day moving average price is $66.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 0.88. Flex has a twelve month low of $34.94 and a twelve month high of $96.58. The company has a market capitalization of $35.46 billion, a price-to-earnings ratio of 43.25, a PEG ratio of 1.98 and a beta of 1.46.

Flex (NASDAQ:FLEX) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08. Flex had a return on equity of 20.99% and a net margin of 3.17%.The business had revenue of $7.06 billion for the quarter, compared to analysts’ expectations of $6.84 billion. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The business’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, sell-side analysts expect that Flex will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FLEX has been the topic of a number of research analyst reports. Raymond James Financial set a $80.00 target price on Flex and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Barclays lifted their target price on Flex from $71.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Wall Street Zen cut Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. JPMorgan Chase & Co. raised their price target on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Finally, Robert W. Baird started coverage on Flex in a report on Thursday, March 12th. They set an “outperform” rating and a $70.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently 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 Flex stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $58.87, for a total value of $1,030,225.00. Following the sale, the chief operating officer owned 233,636 shares of the company’s stock, valued at approximately $13,754,151.32. The trade was a 6.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Strong Q4 and upbeat FY2027 guidance: Flex reported solid Q4 sales (~$7.5B) and adjusted EPS above prior trends, and guided FY2027 to significantly higher adjusted EPS and operating margins — a clear driver for investor optimism on earnings growth and margin expansion. Flex jumps 16.6% on strong Q4 results, upbeat FY2027 guidance and planned cloud/power spin-off
• Positive Sentiment: Planned spin‑off of Cloud & Power Infrastructure (SpinCo): Board approved a tax‑free spin creating a dedicated high‑growth critical infrastructure company targeting AI data‑center power/thermal markets; Flex expects to retain up to ~19.9% — this sharpens the AI/data‑center growth story and unlocks value. Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment
• Positive Sentiment: EP² acquisition closed: Flex completed the Electrical Power Products deal, expanding engineered‑to‑order critical‑power capabilities for utilities and data centers — enhances addressable market for SpinCo and supports long‑term growth. Flex Completes Acquisition of Electrical Power Products (EP²)
• Neutral Sentiment: Q4 metrics met/beat some expectations: The company reported EPS roughly in line with consensus and continued multi‑quarter margin improvement (sixth straight quarter with adjusted operating margin ≥6%), providing confirmation rather than a surprise. View Press Release
• Negative Sentiment: Recent insider selling: Company insiders have sold shares multiple times in the past six months with no reported insider buys, which some investors view as a cautionary signal even amid strong public results. Insider Trading Activity

Institutional Investors Weigh In On Flex

A number of institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in Flex by 17.8% in the 4th quarter. State Street Corp now owns 14,055,533 shares of the technology company’s stock valued at $849,235,000 after purchasing an additional 2,126,440 shares in the last quarter. Northern Trust Corp boosted its holdings in Flex by 3.3% in the 4th quarter. Northern Trust Corp now owns 3,197,827 shares of the technology company’s stock valued at $193,213,000 after purchasing an additional 101,218 shares in the last quarter. Morgan Stanley boosted its holdings in Flex by 19.9% in the 4th quarter. Morgan Stanley now owns 2,946,427 shares of the technology company’s stock valued at $178,023,000 after purchasing an additional 488,538 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in Flex by 118.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,811,248 shares of the technology company’s stock valued at $162,968,000 after purchasing an additional 1,522,308 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Flex by 694,916.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,641,062 shares of the technology company’s stock valued at $159,573,000 after purchasing an additional 2,640,682 shares in the last quarter. Hedge funds and other institutional investors own 94.30% of the company’s stock.

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.