FLEX

Flex Ltd.NASDAQ · Electronic Manufacturing Services · Information Technology

Previous close

107.90

Change

−0.10 / −0.09%

FinDog View

Neutral

52-Week Range

53.07 – 166.86

P/E (TTM)

41.0

Forward P/E

20.8

Based on consensus earnings for the next 12 months

Market Cap

$39.9B

−17.00%

S&P 500 −2.41% over same period

Volume / Avg Volume

2.8M / 3.1M

0.92× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 48.71M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2027 Q1 Quarter ended 2026-06	2026-07-29	$7.9B	1.00 / 0.93	+8.63%	Pending
FY2026 Q4 Quarter ended 2026-03	2026-05-05	$27.9B	0.93 / 0.89	+39.69%	Pending
FY2026 Q3 Quarter ended 2025-12	2026-02-04	—	— / —	+2.24%	Pending
FY2026 Q2 Quarter ended 2025-09	2025-10-29	—	— / —	−3.19%	Pending
FY2026 Q1 Quarter ended 2025-06	2025-07-24	—	— / —	+0.64%	Pending
FY2025 Q4 Quarter ended 2025-03	2025-05-07	—	— / —	+1.50%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 88 of its 5-year rangeExpensive

5-year range 13.0 – 57.2 · Median 17.4

Last 4 quarters: $697M in buybacks + $0 in dividends, 1.75% of market cap combined

P/E (TTM)

41.0

P/B

7.8

P/S

1.4

PEG

0.69

Earnings Reaction

Over the last 6 reports, the stock moved ±9.3% on average on the first trading day after, rising 5 times

Most recent +8.63%

Volatility & Correlation

1-year beta 2.92 · Correlation with S&P 500 0.54High beta

Annualized volatility 69% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 9 · $42.1MNet selling $42.1M

08-18Hartung Michael PChief Commercial OfficerSell$0.33M2,755 shares · 5 trades · Avg price 120.64
06-18Advaithi RevathiChief Executive OfficerSell$5.7M39,188 shares · 3 trades · Avg price 145.18
06-18Tan Kwang HooiChief Operating OfficerSell$1.3M8,981 shares · 3 trades · Avg price 145.19
06-18Hartung Michael PChief Commercial OfficerSell$1.1M7,269 shares · 3 trades · Avg price 145.22
06-18OFFER DAVID SCOTTEVP, General CounselSell$0.97M6,657 shares · 3 trades · Avg price 145.23
06-18WENDLER DANIELChief Accounting OfficerSell$0.19M1,311 shares · 3 trades · Avg price 145.20
06-17Advaithi RevathiChief Executive OfficerSell$28.6M197,879 shares · 16 trades · Avg price 144.32
06-17Tan Kwang HooiChief Operating OfficerSell$3.9M26,657 shares · 5 trades · Avg price 144.48

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2027 Q1	7.93	+20.6%	9.5%	0.39	—	0.04	0.76
FY2026 Q4	7.48	+16.9%	9.8%	0.37	0.25	0.21	0.67
FY2026 Q3	7.06	+7.7%	9.7%	0.39	0.24	0.27	0.64
FY2026 Q2	6.80	+4.0%	9.2%	0.30	0.20	0.30	0.52
FY2026 Q1	6.58	+4.1%	8.9%	0.31	0.19	0.27	0.50
FY2025 Q4	6.40	+3.7%	—	0.31	0.22	0.32	0.57
FY2025 Q3	6.56	+2.1%	9.2%	0.33	0.26	0.30	0.67
FY2025 Q2	6.55	−5.6%	8.4%	0.30	0.21	0.22	0.54
FY2025 Q1	6.31	−8.4%	7.7%	0.23	0.14	0.23	0.34
FY2024 Q4	6.17	−11.7%	—	0.16	0.40	0.60	0.93
FY2024 Q3	6.42	−11.5%	7.7%	0.20	0.20	0.15	0.45
FY2024 Q2	6.93	−5.1%	7.5%	0.28	0.23	0.21	0.51

Peers

Largest by market cap in the sector · Latest quarterView Information Technology sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
FLEX	Flex Ltd.	$39.9B	41.0	+20.6%	9.5%	−17.00%	Neutral
NVDA	Nvidia	$5.15T	26.8	+105.9%	75.0%	−4.94%	Bullish	Compare
AAPL	Apple Inc.	$4.85T	37.5	+16.4%	50.1%	+8.78%	Bullish	Compare
MSFT	Microsoft	$3.64T	27.7	+17.7%	67.2%	+2.07%	Neutral	Compare
AVGO	Broadcom	$1.62T	42.3	+85.5%	69.1%	−13.49%	Bullish	Compare
MU	Micron Technology	$1.05T	20.7	+345.7%	84.6%	−8.42%	Neutral	Compare
AMD	Advanced Micro Devices	$837B	131.0	+50.1%	53.8%	+1.28%	Bullish	Compare
INTC	Intel	$534B	—	+25.4%	40.4%	−2.36%	Neutral	Compare
CSCO	Cisco	$425B	32.7	+17.6%	64.1%	−4.57%	Neutral	Compare

The View in One Line

FY2027 Q1 revenue $7.93 billion, but YoY and gross margin are missing; news involves a spinoff, price is falling, leaning Neutral.

Updated 2026-09-16

Notable Institutional Holders

Citadel Advisors · Ken Griffin$225MAdded +62%
Third Point · Dan Loeb$167M
Bridgewater Associates · Ray Dalio$5.6MReduced −39%

As of 2026-06-30

Key Events

09-15Management Change
Flex Appoints Two New Directors and Advances Business Separation
On September 11, Flex appointed George R. Oliver and Mark Eubanks as independent directors, effective September 24; Amy B. Schwetz will join on October 5 and is slated to become CFO of the separated company.Source ↗
09-04M&A / Contracts
Flex to Acquire EPC Power for $4.4 Billion
Flex signed an agreement on September 3 to acquire all equity of EPC Power for $4.4 billion in cash, expected to close in Q4 2026, and will be integrated into its Cloud and Power Infrastructure business.Source ↗
08-07Capital Actions
Flex Shareholders Approve 20% Buyback Authorization and Director Re-Election
At its August 5, 2026 annual meeting, shareholders re-elected 9 directors, ratified Deloitte as auditor for fiscal 2027, and approved a buyback authorization of up to 20% of shares; the board also authorized a buyback program of up to $2 billion.Source ↗
07-29Management Change
Flex Announces Executive Appointments for Two Companies Following Spin-Off
On July 29, Flex provided an update on the spin-off of its cloud and power infrastructure business, announcing key leadership positions for the two companies, with appointments contingent on completion of the spin-off.Source ↗
06-12Management Change
Flex Board Approves Fiscal 2027 Executive Bonus Plan
On June 11, 2026, the Flex board approved the fiscal 2027 annual incentive bonus plan, with a target bonus of 165% of base salary for the CEO and 115% for the CFO.Source ↗
06-02Capital Actions
Flex Signs $1.45 Billion Senior Term Loan
On May 29, 2026, Flex entered into a $1.45 billion senior term loan credit agreement maturing November 29, 2027, for general corporate purposes and refinancing.Source ↗
05-04M&A / Contracts
Flex Completes Acquisition of EP² and Obtains $1.45 Billion Loan
On April 30, 2026, Flex signed a $1.45 billion delayed draw term loan agreement for general corporate purposes and the acquisition of Electrical Power Products, and announced completion of the acquisition on May 4.Source ↗

Key Financial Trends

Quarterly Revenue ($B)7.9

Gross Margin9.5%

Free Cash Flow ($B)0.0