15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Flex Ltd, 7 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $23.00 to $203.00 (about 8.8x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $115.67 sits 2% above the current $113.48. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.00 next quarter toward $6.92 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Buy
Strong Buy00%
Buy778%
Hold222%
Sell00%
Strong Sell00%
Based on 9 analysts giving stock ratings to Flex Ltd.
As of Jul, 7 of 9 firms rate FLEX a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FLEX EPS & revenue forecast
EPS · NEXT QUARTER
$1.00
Range $0.94 – $1.06 · 8 analysts · +26% YoY
Next period, 8 analysts expect Flex Ltd to earn $1.00 a share (range $0.94 – $1.06), versus $0.79 a year earlier. Full-year consensus is $4.53, growing to $6.92 the year after.
REVENUE · NEXT QUARTER
$7.8B
Range $7.6B – $8.2B · 8 analysts · +15% YoY
Revenue is expected to reach $7.8B (range $7.6B – $8.2B), +15.0% year-over-year. Full-year consensus is $33.4B, rising to $43.6B next year.
Top analysts covering Flex Ltd
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FLEX.
#1
Omar Nokta
Jefferies · Rank #4
Hold
$23.00-79.7% to target
Overall win rate
62%
+ Follow
#2
Mark Delaney
Goldman Sachs · Rank #46
Buy
$177.00+56.0% to target
Overall win rate
53%
+ Follow
#3
Samik Chatterjee
JP Morgan · Rank #47
Buy
$160.00+41.0% to target
Overall win rate
50%
+ Follow
#4
Steve Barger
Keybanc · Rank #91
Buy
$180.00+58.6% to target
Overall win rate
47%
+ Follow
#5
Justin Patterson
Keybanc · Rank #329
Buy
$44.00-61.2% to target
Overall win rate
26%
+ Follow
FLEX stock forecast FAQ
What is FLEX's average 12-month price target?+
The 8 analysts with a live target average $115.67 for Flex Ltd over the next 12 months, ranging from a $203.00 high to a $23.00 low.
Is FLEX stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 9 analyst ratings, 7 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FLEX?+
The Street-high target is $203.00 (Barclays), and the Street-low is $23.00 (Jefferies). The average of all 8 active targets is $115.67.
How many Wall Street analysts cover FLEX?+
9 analysts have an active rating on Flex Ltd, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering FLEX?+
Among analysts who currently cover FLEX, Omar Nokta of Jefferies has the strongest overall Quantellect track record (Rank #4). Their current call is Hold with a $23.00 target.
What is Flex Ltd's projected EPS for next quarter?+
The consensus estimate is $1.00 per share (range $0.94 – $1.06) across 8 analysts. Full-year EPS is projected at $4.53, rising to $6.92 the following year.
How much revenue is Flex Ltd expected to report next quarter?+
Consensus revenue is $7.8B (range $7.6B – $8.2B). Full-year revenue is projected at $33.4B, growing to $43.6B next year.
Have analysts been upgrading or downgrading FLEX lately?+
As of Jul, 7 of 9 firms rate FLEX a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FLEX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
