Flex (FLEX)

We expect Flex (FLEX; $63.89; O/P) to produce a substantive “beat and raise” with its FQ2 (Sept) results and outlook, scheduled for next Wednesday (10/29 before market), led by ongoing demand momentum within cloud data…

We reiterate our Outperform and bump up our target from $65 to $70 on the shares of Flex (FLEX; $63.60; O/P) after hosting an investor meeting yesterday (10/15) at the Open Compute Project (OCP) Global…

Yesterday (9/23), Flex (FLEX; $58.05; O/P) announced it is expanding its data center cooling portfolio with the launch of a new modular rack-level coolant distribution unit (CDU), which we think provides further support for the…

Yesterday (9/16), Flex’s (FLEX; $56.54; O/P) Power Modules subsidiary, a producer of advanced printed circuit board (PCB) mounted DC/DC converters, announced it is partnering with Renesas Electronics (6723.JP; ¥1,749.50; NR) to produce next-generation board-mounted power…

We are raising our price target on the shares of Flex (FLEX; $53.15; O/P) from $60 to $65, which assumes that the stock finally trades more consistently at EMS industry peer valuations of ~20X our…

Last night (8/18), Flex (FLEX; $49.77; O/P) disclosed in an 8-K that it entered into a transaction agreement with Amazon (AMZN; $231.49; NR), which includes the issuance of warrants by Flex to AMZN. Most importantly,…

We see the 8% post-earnings plunge today in the shares of Flex (FLEX; $49.67; O/P) proving overdone in the coming weeks. Admittedly, the stock rallied 40% YTD (including doubling off its April lows) into this…

We expect a healthy “beat and raise” from Flex (FLEX; $51.96; O/P) when it reports FQ1 (Jun) results and outlook on Thursday, July 24th (before market), led of course again by cloud data center markets…

We think recent news flow out of Flex (FLEX; $46.35; O/P) highlights how it continues to innovate across a range of its proprietary power solutions, which is important given how we see this roadmap continuing…

This morning, Flex (FLEX; $41.83; O/P) announced that its Anord Mardix business, which is focused on a range of power solutions for cloud and traditional data centers, as well as some other industrial applications, has…

We raise our F2026E (Mar) EPS for Flex (FLEX; $37.90; O/P) from $2.85 to $2.90 after the company posted a solid “beat and raise” with its FQ4 (Mar) results, which highlighted a continued robust pace…

This morning, Flex (FLEX; $34.70; O/P) announced it “significantly” increased production capacity for data center power products, such as busway systems, power distribution units and remote power panels, at its manufacturing facility in Columbia, South…

We assume our full F2026E (Mar) sales, operating margin, and EPS for Flex (FLEX; $30.53; O/P) of $26.4B (+2% YoY on an organic basis), 5.8% (vs. 5.6% in F2025E) and $2.85 (+9% YoY) remains a reasonable…

We think the 26% plunge in the shares of Flex (FLEX; $33.08; O/P) over the past 2+ months offers an excellent buying opportunity for investors willing to look out to the end of this year….

We reiterate our Outperform and $50 target on the shares of Flex (FLEX; $40.36) after hosting investor meetings in New York last Thursday (2/20) for CEO Revathi Advaithi, CFO Kevin Krumm, as well as David…