Flex (NASDAQ:FLEX – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.570-2.650 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of $25.4 billion-$25.8 billion, compared to the consensus revenue estimate of $25.2 billion. Flex also updated its Q4 2025 guidance to 0.650-0.730 EPS.
Analysts Set New Price Targets
A number of research analysts have commented on FLEX shares. Barclays upped their price objective on Flex from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. The Goldman Sachs Group set a $39.00 price target on shares of Flex in a research note on Thursday, October 17th. StockNews.com raised shares of Flex from a “hold” rating to a “buy” rating in a report on Friday, January 24th. KeyCorp began coverage on shares of Flex in a report on Tuesday, October 22nd. They set an “overweight” rating and a $41.00 target price on the stock. Finally, Stifel Nicolaus increased their price target on Flex from $40.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $42.67.
View Our Latest Analysis on Flex
Flex Trading Up 4.5 %
Insider Transactions at Flex
In other news, Director Charles K. Stevens III sold 13,157 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $38.69, for a total value of $509,044.33. Following the transaction, the director now owns 55,713 shares in the company, valued at $2,155,535.97. The trade was a 19.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.82% of the stock is currently owned by insiders.
About Flex
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. 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 devices.
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