Flex Ltd. (FLEX)
NASDAQ: FLEX · Real-Time Price · USD
34.99
+0.88 (2.58%)
At close: Oct 24, 2024, 4:00 PM
35.00
+0.01 (0.03%)
After-hours: Oct 24, 2024, 4:45 PM EDT
Flex Ltd. Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Flex Ltd. stock have an average target of 39.17, with a low estimate of 37 and a high estimate of 42. The average target predicts an increase of 11.95% from the current stock price of 34.99.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Initiates $41 | Buy | Initiates | $41 | +17.18% | Oct 22, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $27 → $39 | Hold → Strong Buy | Upgrades | $27 → $39 | +11.46% | Jul 25, 2024 |
| Stifel | Stifel | Strong Buy Maintains $32 → $37 | Strong Buy | Maintains | $32 → $37 | +5.74% | Jul 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $40 → $42 | Buy | Maintains | $40 → $42 | +20.03% | Jul 25, 2024 |
| Barclays | Barclays | Buy Maintains $34 → $39 | Buy | Maintains | $34 → $39 | +11.46% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
26.50B
from 26.42B
Increased by 0.32%
Revenue Next Year
27.78B
from 26.50B
Increased by 4.82%
EPS This Year
2.48
from 2.28
Increased by 8.56%
EPS Next Year
2.85
from 2.48
Increased by 15.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.6B | 29.4B | 30.6B |
| Avg | 26.5B | 27.8B | 29.2B |
| Low | 25.0B | 25.9B | 27.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4% | 10.9% | 10.1% |
| Avg | 0.3% | 4.8% | 5.0% |
| Low | -5.3% | -2.4% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.60 | 2.99 | 3.57 |
| Avg | 2.48 | 2.85 | 3.32 |
| Low | 2.32 | 2.65 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.2% | 20.9% | 25.1% |
| Avg | 8.6% | 15.2% | 16.2% |
| Low | 1.9% | 6.9% | 6.5% |
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.