Flex (FLEX)

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…

Earlier this week, Husqvarna, which is a large supplier of lawnmowers, leaf and snow blowers, as well as other home and garden equipment, announced a strategic manufacturing partnership with Flex (FLEX; $43.82; O/P). We note…

We reiterate our Outperform and $50 target on Flex (FLEX; $41.51) as we bump up our F2025/F2026E (Mar) EPS from $2.45/$2.75 to $2.62/$2.85 after the company produced a healthy FQ3 (Dec) “beat and raise” that…

Flex (FLEX; $40.59; O/P) reported FQ3 (Dec) adjusted EPS of $0.77, which was well ahead of our consensus matching $0.63, on sales of $6,556mm that were also comfortably beyond our $6,200mm and the Street’s $6,206mm….

We reiterate our Outperform on the shares of Flex (FLEX; $42.72) ahead of its FQ3 (Dec) print and guidance, scheduled for Wednesday, January 29th (before market), which we think can come with some operating margin…

Flex (FLEX; $41.30; O/P) announced the appointment on Friday (11/22) of Kevin Krumm as its new CFO effective January 6th. Mr. Krumm succeeds Jaime Martinex, who was serving effectively as interim CFO after Paul Lundstrom…

Last night, Flex (FLEX; $37.64; O/P) announced it acquired privately held JetCool for undisclosed terms. JetCool, founded in 2019 and headquartered in Littleton, MA, has developed liquid cooling solutions for cloud, enterprise, and co-location data…

We adjust F2025/F2026E (Mar) EPS for Flex (FLEX; $36.05; O/P) from $2.45/$2.85 to $2.45/$2.75 after FQ2 (Sept) results and guidance further demonstrated the operating margin expansion potential still available to the company, even with ongoing…

This morning, Flex (FLEX; $34.70; O/P) announced plans to acquire, for $325mm in cash, privately held Crown Technical Systems, which produces power distribution and protection systems used in data centers, as well as by utilities…

We believe FQ2 (Sep) results and outlook from Flex (FLEX; $34.33; O/P), scheduled for October 30th (before market), should further highlight its ability to continue to steadily improve margins and cash flows even in the…

This morning, Flex (FLEX; $35.41; O/P) announced from the Open Compute Project (OCP) Global Summit in San Jose that it was launching several new reference designs for liquid-cooled servers, racks, and power products for GenAI…