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Flex Ltd. (FLEX)

85.81 -7.26 (-7.80%)
As of 1:43:12 PM EDT. Market Open.
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FLEX Q2 2027 earnings call
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Flex reported fiscal second-quarter revenue of $8.49 billion, up 24.8% year over year, while adjusted EPS (earnings per share) reached $1.18, exceeding estimates. Cloud and Power Infrastructure drove growth, and management raised fiscal 2027 guidance while preparing to spin off that segment as Axiom.

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  • Previous Close 93.07
  • Open 87.49
  • Bid 81.54 x 100
  • Ask 90.68 x 100
  • Day's Range 85.61 - 89.99
  • 52 Week Range 53.07 - 166.86
  • Volume 1,732,367
  • Avg. Volume 4,085,870
  • Market Cap (intraday) 31.703B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 30.86
  • EPS (TTM) 2.78
  • Earnings Date (est.) Jan 27, 2027
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 156.50
  • Zacks Rating Neutral

Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe. The company operates through three segments: Integrated Technology Solutions (ITS), Regulated Manufacturing Solutions (RMS), and Cloud and Power Infrastructure (CPI). The ITS segment offers flexible supply and manufacturing solutions for communications, including high speed networking, enterprise, and satellite communications systems, as well as lifestyle solutions comprising products across commercial, home, and personal product categories. Its RMS segment includes industrial products, such as mission critical automation, energy, and industrial infrastructure; automotive products, including compute and power electronics platforms and integrated systems; and healthcare products comprising regulated manufacturing for medical devices, drug delivery, and equipment. The CPI segment provides cloud and cooling products, such as integrated compute systems supporting power dense digital infrastructure deployments and advanced liquid cooling solutions supporting higher density, power intensive rack architectures; and power products that include utility and facility level electrical infrastructure enabling power delivery and high density rack and board level power systems. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.

www.flex.com

149,686

Full Time Employees

March 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FLEX
42.01%
S&P 500 (^GSPC)
10.66%

1-Year Return

FLEX
34.08%
S&P 500 (^GSPC)
11.04%

3-Year Return

FLEX
345.45%
S&P 500 (^GSPC)
81.80%

5-Year Return

FLEX
573.71%
S&P 500 (^GSPC)
64.49%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY27
Revenue 8.49B
Earnings 263M
Profit Margin 3.10%

Q3

FY26

Q4

FY26

Q1

FY27

Q2

FY27

0
2B
4B
6B
8B
3.1%
3.2%
3.3%
3.4%
3.5%

Analyst Insights

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Analyst Price Targets

128.00
156.50 Average
85.81 Current
180.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/29/2026
Analyst Barclays
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 144 -> 128

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.35%

  • Return on Assets (ttm)

    4.39%

  • Return on Equity (ttm)

    19.13%

  • Revenue (ttm)

    30.95B

  • Net Income Avi to Common (ttm)

    1.04B

  • Diluted EPS (ttm)

    2.78

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.08B

  • Total Debt/Equity (mrq)

    103.03%

  • Levered Free Cash Flow (ttm)

    599.37M

Company Insights

Research Reports

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