Flex Ltd. (FLEX)
NASDAQ: FLEX · Real-Time Price · USD
38.64
+0.99 (2.63%)
At close: Dec 20, 2024, 4:00 PM
38.57
-0.07 (-0.18%)
After-hours: Dec 20, 2024, 5:59 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 42.67, with a low estimate of 37 and a high estimate of 48. The average target predicts an increase of 10.43% from the current stock price of 38.64.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $40 → $48 | Strong Buy | Maintains | $40 → $48 | +24.22% | Dec 10, 2024 |
| Barclays | Barclays | Buy Maintains $39 → $43 | Buy | Maintains | $39 → $43 | +11.28% | Oct 31, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $39 → $45 | Strong Buy | Maintains | $39 → $45 | +16.46% | Oct 31, 2024 |
| Keybanc | Keybanc | Buy Initiates $41 | Buy | Initiates | $41 | +6.11% | Oct 22, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $27 → $39 | Hold → Strong Buy | Upgrades | $27 → $39 | +0.93% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
25.74B
from 26.42B
Decreased by -2.56%
Revenue Next Year
27.12B
from 25.74B
Increased by 5.38%
EPS This Year
2.50
from 2.28
Increased by 9.52%
EPS Next Year
2.84
from 2.50
Increased by 13.81%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 26.6B | 28.6B | 30.3B |
| Avg | 25.7B | 27.1B | 28.5B |
| Low | 24.6B | 25.6B | 26.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.8% | 11.3% | 11.7% |
| Avg | -2.6% | 5.4% | 5.1% |
| Low | -6.7% | -0.5% | -1.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.63 | 3.06 | 3.57 |
| Avg | 2.50 | 2.84 | 3.28 |
| Low | 2.36 | 2.65 | 3.05 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.1% | 22.4% | 25.6% |
| Avg | 9.5% | 13.8% | 15.6% |
| Low | 3.6% | 6.0% | 7.3% |
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.