Flex (NASDAQ:FLEX) Sets New 12-Month High – Here’s Why

20 Apr 2026, 13:58 by Scott Moore · The Cerbat Gem

Flex Ltd. (NASDAQ:FLEX – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $83.99 and last traded at $83.8080, with a volume of 203161 shares. The stock had previously closed at $81.83.

Wall Street Analysts Forecast Growth

FLEX has been the topic of several recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Flex in a research report on Monday, December 29th. Raymond James Financial set a $80.00 target price on Flex and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Barclays upped their target price on 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. upped their target price on Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Stifel Nicolaus upped their target price on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research report on Monday. Nine equities research 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 company currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.30.

View Our Latest Stock Report on FLEX

Flex Stock Up 2.7%

The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 1.40. The firm has a market capitalization of $30.89 billion, a P/E ratio of 37.69, a P/E/G ratio of 1.77 and a beta of 1.22. The stock has a fifty day moving average price of $66.82 and a two-hundred day moving average price of $63.90.

Flex (NASDAQ:FLEX – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $6.84 billion. During the same period in the previous year, the business earned $0.77 EPS. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. Research analysts forecast that Flex Ltd. will post 2.33 EPS for the current year.

Insider Buying and Selling at Flex

In other news, COO Kwang Hooi Tan sold 17,500 shares of the business’s 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 completion of the sale, the chief operating officer directly owned 233,636 shares in the company, valued at approximately $13,754,151.32. The trade was a 6.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Flex

A number of institutional investors have recently made changes to their positions in FLEX. Allianz Asset Management GmbH grew its stake in Flex by 17.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,393,463 shares of the technology company’s stock worth $138,749,000 after buying an additional 360,553 shares during the last quarter. Dynasty Wealth Management LLC grew its stake in Flex by 80.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 43,602 shares of the technology company’s stock worth $2,528,000 after buying an additional 19,388 shares during the last quarter. Sowell Financial Services LLC grew its stake in Flex by 220.6% during the 3rd quarter. Sowell Financial Services LLC now owns 24,891 shares of the technology company’s stock worth $1,443,000 after buying an additional 17,128 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Flex during the 3rd quarter worth $1,460,000. Finally, Winnow Wealth LLC bought a new position in Flex during the 3rd quarter worth $1,058,000. 94.30% of the stock is currently owned by institutional investors.

About Flex

(Get Free Report)

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.