Flex Ltd. (FLEX)
NASDAQ: FLEX · Real-Time Price · USD
39.83
+2.50 (6.70%)
At close: Nov 20, 2024, 4:00 PM
40.00
+0.17 (0.43%)
After-hours: Nov 20, 2024, 7:12 PM EST
Flex Ltd. Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Flex Ltd. stock have an average target of 40.83, with a low estimate of 37 and a high estimate of 45. The average target predicts an increase of 2.51% from the current stock price of 39.83.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Flex Ltd. stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $39 → $43 | Buy | Maintains | $39 → $43 | +7.96% | Oct 31, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $39 → $45 | Strong Buy | Maintains | $39 → $45 | +12.98% | Oct 31, 2024 |
| Keybanc | Keybanc | Buy Initiates $41 | Buy | Initiates | $41 | +2.94% | Oct 22, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $27 → $39 | Hold → Strong Buy | Upgrades | $27 → $39 | -2.08% | Jul 25, 2024 |
| Stifel | Stifel | Strong Buy Maintains $32 → $37 | Strong Buy | Maintains | $32 → $37 | -7.11% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
25.73B
from 26.42B
Decreased by -2.60%
Revenue Next Year
27.08B
from 25.73B
Increased by 5.26%
EPS This Year
2.50
from 2.28
Increased by 9.61%
EPS Next Year
2.84
from 2.50
Increased by 13.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.5B | 28.6B | 30.0B |
| Avg | 25.7B | 27.1B | 28.3B |
| Low | 24.7B | 25.6B | 26.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.4% | 11.3% | 10.9% |
| Avg | -2.6% | 5.3% | 4.5% |
| Low | -6.5% | -0.5% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.63 | 3.06 | 3.57 |
| Avg | 2.50 | 2.84 | 3.29 |
| Low | 2.37 | 2.65 | 3.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.1% | 22.3% | 25.8% |
| Avg | 9.6% | 13.6% | 15.9% |
| Low | 4.0% | 5.9% | 8.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.