Flex Ltd. (FLEX)

Market Cap	12.77B
Revenue (ttm)	26.42B
Net Income (ttm)	1.01B
Shares Out	398.80M
EPS (ttm)	2.28
PE Ratio	14.04
Forward PE	13.93
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,810,806
Open	31.42
Previous Close	30.94
Day's Range	31.39 - 32.59
52-Week Range	17.44 - 34.12
Beta	1.11
Analysts	Strong Buy
Price Target	38.33 (+19.74%)
Earnings Date	Jul 24, 2024

About FLEX

Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devi...

• Industry: Electronic Components
• Sector: Technology
• IPO Date: Mar 18, 1994
• Employees: 172,000
• Stock Exchange: NASDAQ
• Ticker Symbol: FLEX

Financial Performance

In 2023, Flex Ltd.'s revenue was $26.42 billion, a decrease of -7.32% compared to the previous year's $28.50 billion. Earnings were $1.01 billion, an increase of 26.86%.

Analyst Forecast

According to 6 analysts, the average rating for FLEX stock is "Strong Buy." The 12-month stock price forecast is $38.33, which is an increase of 19.74% from the latest price.

Price Target

$38.33

(19.74% upside)

Analyst Consensus: Strong Buy