Flex (FLEX) to Release Quarterly Earnings on Wednesday

Flex (NASDAQ:FLEX) is projected to announce its Q1 2027 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.8990 per share and revenue of $7.5284 billion for the quarter. Investors may visit the the company’s upcoming Q1 2027 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

Flex (NASDAQ:FLEX) last posted its earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share for the quarter. Flex had a net margin of 3.15% and a return on equity of 22.12%. The business had revenue of $7.48 billion for the quarter. On average, analysts expect Flex to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Flex Stock Down 2.1%

Shares of NASDAQ:FLEX opened at $116.07 on Tuesday. The firm has a fifty day moving average price of $141.10 and a two-hundred day moving average price of $98.60. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 0.87. Flex has a one year low of $47.83 and a one year high of $166.86. The company has a market cap of $42.53 billion, a price-to-earnings ratio of 49.82, a PEG ratio of 0.62 and a beta of 1.64.

Insider Buying and Selling at Flex

In other news, EVP David Scott Offer sold 33,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $153.91, for a total value of $5,079,030.00. Following the completion of the sale, the executive vice president owned 73,471 shares of the company’s stock, valued at approximately $11,307,921.61. This represents a 30.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Revathi Advaithi sold 197,879 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $144.32, for a total transaction of $28,557,897.28. Following the transaction, the chief executive officer directly owned 623,466 shares in the company, valued at approximately $89,978,613.12. This represents a 24.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 769,195 shares of company stock valued at $110,116,823 over the last ninety days. Insiders own 0.62% of the company’s stock.

Institutional Trading of Flex

Hedge funds have recently added to or reduced their stakes in the business. State Street Corp grew its stake in shares of Flex by 38.0% during the second quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock valued at $611,997,000 after buying an additional 3,377,669 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of 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 acquiring an additional 2,640,682 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in Flex by 118.1% during 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 acquiring an additional 1,522,308 shares during the period. Amundi grew its position in Flex by 610.3% during the 4th quarter. Amundi now owns 1,293,865 shares of the technology company’s stock worth $78,175,000 after acquiring an additional 1,111,708 shares during the last quarter. Finally, Bank of Nova Scotia bought a new position in Flex during the 4th quarter worth approximately $51,328,000. 94.30% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price target on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Freedom Capital upgraded Flex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Weiss Ratings restated a “buy (b-)” rating on shares of Flex in a research note on Friday, July 17th. Barclays raised their price target on Flex from $174.00 to $203.00 and gave the company an “overweight” rating in a report on Thursday, June 4th. Finally, Zacks Research lowered Flex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $115.70.

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.