Flex (NASDAQ:FLEX) Releases Q1 2027 Earnings Guidance
by Jessica Moore · The Cerbat GemFlex (NASDAQ:FLEX – Get Free Report) updated its first quarter 2027 earnings guidance on Tuesday. 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.
Flex Price Performance
Flex stock traded up $4.61 during trading on Tuesday, reaching $96.45. The company had a trading volume of 9,363,183 shares, compared to its average volume of 3,707,682. The firm’s 50-day simple moving average is $71.65 and its 200 day simple moving average is $66.02. Flex has a 1-year low of $34.94 and a 1-year high of $96.58. The firm has a market capitalization of $35.46 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 1.98 and a beta of 1.46. 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 (NASDAQ:FLEX – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $6.84 billion. During the same quarter in the previous year, the firm earned $0.77 EPS. The company’s quarterly 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. As a group, equities research analysts anticipate that Flex will post 2.93 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on FLEX. Barclays upped their price target on Flex from $71.00 to $72.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Wall Street Zen lowered Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Robert W. Baird initiated coverage on Flex in a report on Thursday, March 12th. They issued an “outperform” rating and a $70.00 target price on the stock. Stifel Nicolaus increased their price objective on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, Raymond James Financial set a $80.00 price objective on shares of Flex and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.30.
View Our Latest Stock Analysis on FLEX
Insider Activity at Flex
In related news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $58.87, for a total transaction of $1,030,225.00. Following 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.57% of the company’s stock.
Flex News Summary
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
Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in Flex during the 4th quarter worth approximately $260,000. Wealthspire Advisors LLC increased its holdings in Flex by 151.1% during the 4th quarter. Wealthspire Advisors LLC now owns 3,952 shares of the technology company’s stock worth $239,000 after purchasing an additional 2,378 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in Flex by 71.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,106 shares of the technology company’s stock worth $238,000 after purchasing an additional 1,709 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Flex by 23.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,932 shares of the technology company’s stock worth $238,000 after purchasing an additional 745 shares during the last quarter. Finally, Metis Global Partners LLC purchased a new stake in Flex during the 4th quarter worth approximately $232,000. 94.30% of the stock is currently owned by hedge funds and other institutional investors.
About Flex
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.