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FLEX · Flex Ltd.

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$77.24 -10.86 (-12.33%) At close · Nov 4
S&P 500 member Russell 1000 member Rebalance outlook locked
Market Cap
$32.55B
Shares
369.46M
Volume · Nov 4 7.89M Avg daily vol (3M) 4.1M

Price & Indicators

Drag to pan · scroll to zoom
Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$77.24 Open$86.14 Day$75.30–86.30 52W close$54.51–162.07 Avg vol 30d5.2M Short int7.9M · 2.1% of shares · 2.2d Short vol18% Last earningsOct 28, 2026 DataJan 2020–Nov 2026 Filing10-Q · Oct 30

Up next

Next earnings call
Jan 27, 2027 Est · unconfirmed · in 12 wks
Q2 2027 earnings call transcript
call held Oct 28, 2026
Play latest call

Latest documents

2026
Oct 30
Quarterly report 10-Q FY2027 Q2, ended Sep 25
Quarterly report for FY2027 Q2

Flex Ltd. reported six-month net sales of $16.4 billion, up 23%, with gross margin of 9.5% for the period ended September 25, 2026; CPI sales rose 45%, driven by Power and Cloud & Cooling and the EPP acquisition.

Revenue $8.49B ▲ 24.8% Net income $263M ▲ 32.2% Diluted EPS $0.70 ▲ 34.6%
Read from the MD&A section
Oct 29
Proxy statement DEFA14A
Proxy statement

Flex Ltd. reported record Q2 earnings of $1.18 per share; CPI grew 54% year-over-year with margin expansion of over 200 basis points. Flex closed its EPC Power acquisition and is preparing the Axiom spin-off.

Oct 28
Earnings call
Q2 2027 earnings call

Flex Ltd reported second-quarter fiscal year 27 revenue of $8.5 billion, up 25%, adjusted EPS of $1.18, up 49%, and fiscal year 27 revenue guidance of $34.9 and $35.9 billion, while advancing the planned Axiom spinoff.

Oct 28
Current report 8-K
Financial results

Flex reported Q2 net sales of $8.5 billion, up 25% versus the prior year, and record adjusted EPS of $1.18. Updated guidance calls for net sales of $34.9 billion to $35.9 billion and adjusted EPS of $4.84 to $5.16.

Oct 23
Proxy statement DEFA14A
Proxy statement

Flex Ltd. expects long-term Guadalajara leases and site services agreements and amended its warrant to require a fully vested Spinco warrant at $0.01 per share, correcting the warrantholder name to Amazon.com NV Investment Holdings LLC.

Read from the first part of this long document
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$30.95B
Trailing 12 months
Net income (TTM)
$1.04B
Trailing 12 months
Revenue growth YoY
+24.8%
Year over year
Operating margin
5.1%
Trailing 12 months
P / E (TTM)
31.8
Trailing earnings · reciprocal yield 3.1%
FCF yield
2.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$2.13B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.6%
Year over year · fewer shares
Price change (1Y)
+37.9%
Trailing year
Short interest
2.1%
Latest settlement · 2.2 days to cover
View all 122 metrics

Quarterly results

Revenue Net income Net loss
▲2.1% $6.56B $263.00M '25 Q3 ▲3.7% $6.40B $222.00M '25 Q4 ▲4.1% $6.58B $192.00M '26 Q1 ▲4% $6.80B $199.00M '26 Q2 ▲7.7% $7.06B $239.00M '26 Q3 ▲16.9% $7.48B $250.00M '26 Q4* ▲20.6% $7.93B $285.00M '27 Q1 LATEST ▲24.8% $8.49B $263.00M '27 Q2

* Q4 derived as the full year minus Q1 to Q3.

Equibles Research

our published analysis of this company

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 20.8 · elevated Equity put/call 0.60
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −25%
below
Price vs 50-day avg −26%
below
RSI (14) 35
neutral
MACD trend Negative
52-week position 21%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return −35%
trailing
6-month return −46%
trailing
YTD return +28%
this year
Relative strength −49%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $104 › 200d $103 — 50d above 200d
Institutional flow Distributing
449 of 1,131 funds reported for Sep 30 · net -1.5M sh shares · +47 new
Insider flow Distributing
Net -$332.4K over 90 days · 100% sells
Short interest Falling
2.14% of shares out · ▼ -10.5% MoM · 2.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,131 holders — near 3-yr high, broad support
Squeeze score 35
low risk · 0–100
Fundamentals
Strong
Revenue growth +19%
Y/Y
Gross margin 9%
contracting
EPS growth +10%
Y/Y
Free cash flow $1.1B
Valuation P/E 31.8
in line
Buyback $2.0B
remaining
Balance sheet $1.4B
net debt
Quant / Vol
risk profile
Very High
Volatility 74%
annualized · 1-yr
Max drawdown −53%
past year
ATR 9.1%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 8 of last 8
Latest guidance · from the Earnings Call filed Jul 29, 2026
fiscal year 27
Revenue Raised $33.7B – $35.2B
May 6, 2026 $32.3B – $33.8B changed to Jul 29, 2026 $33.7B – $35.2B
prior FY $27.91B midpoint +23.4% Y/Y
Adjusted operating margin Non-GAAP Raised 7% – 7.2%
May 6, 2026 7% – 7.1% changed to Jul 29, 2026 7% – 7.2%
Adjusted EPS Non-GAAP Raised $4.42 – $4.74
May 6, 2026 $4.21 – $4.51 changed to Jul 29, 2026 $4.42 – $4.74
Free cash flow conversion Non-GAAP Lowered 40%
May 6, 2026 60% changed to Jul 29, 2026 40%
CapEx Raised $1.5B – $1.6B
May 6, 2026 $1.4B – $1.6B changed to Jul 29, 2026 $1.5B – $1.6B
Adjusted tax rate Non-GAAP Maintained 21%
May 6, 2026 21% changed to Jul 29, 2026 21%
for the year
CPI growth 70%
Previous outlook earlier release · from the Earnings Call filed May 6, 2026

Still-open targets the latest release did not restate under the same label.

SPINCO revenue growth · fiscal year 2027 65% – 75%
SPINCO revenue growth · fiscal year 2028 at least 80%
CPI CapEx as percentage of revenue · fiscal year 2028 2.5% – 3%
CPI revenue growth · fiscal year 2027 65% – 75%
Revenue · first quarter of fiscal 2027 $7.35B – $7.65B
Adjusted operating income · first quarter of fiscal 2027 $469M – $499M
Interest and other expenses · first quarter of fiscal 2027 $65M
Adjusted EPS · first quarter of fiscal 2027 $0.86 – $0.92
CPI revenue growth · first quarter of fiscal 2027 20% – 30%
CPI revenue growth · FY28 at least 80%
CapEx as percent of revenue (CPI) · FY28 2.5% – 3%
Adjusted tax rate · first quarter 21%
Guided vs delivered · last 8 settled
Net Sales Second Quarter Fiscal Year 2027
guided $7.95B – $8.25B
$8.49B Beat +4.8%
Revenue first quarter of fiscal 2027
guided $7.35B – $7.65B
$7.93B Beat +5.7%
Net Sales Fourth Quarter Fiscal Year 2026
guided $6.75B – $7.05B
$7.48B Beat +8.4%
Net Sales Fiscal Year 2026
guided $27.2B – $27.5B
$27.91B Beat +2.1%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−25% Bearish
Price vs 50-day avg
−26% Bearish
RSI (14)
35 Neutral
MACD trend
Negative Bearish
52-week position
21% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $104 › 200d $103 — 50d above 200d
Institutional flow Distributing
449 of 1,131 funds reported for Sep 30 · net -1.5M sh shares · +47 new
Insider flow Distributing
Net -$332.4K over 90 days · 100% sells
Short interest Falling
2.14% of shares out · ▼ -10.5% MoM · 2.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,131 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $55 Now $77 · 21% Range high $162
vs 200-day avg -25% vs 50-day avg -26%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Gross cash sale proceeds $90M first quarter of fiscal year 2027 filing —
Significant customer share of net sales 12% the first quarter of fiscal year 2027 filing —
Adjusted Earnings Per Share non-GAAP $1 First Quarter Fiscal Year 2027 —
Adjusted Net Income non-GAAP $374M First Quarter Fiscal Year 2027 —
Adjusted Operating Income non-GAAP $534M First Quarter Fiscal Year 2027 —
adjusted operating margin non-GAAP 6.7% Q1 —
GAAP → non-GAAP reconciliation
GAAP Net cash provided by operating activities $276M
-$236M Purchases of property and equipment
+$1M Proceeds from the disposition of property and equipment
= Free Cash Flow $41M

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Electronic Components — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
FLEX
Flex Ltd.
this stock
$32.55B +27.8% +19.0% 31.8 2.1%
APH
Amphenol Corp
 $195.10B — +51.7% 34.4 1.1%
GLW
Corning Inc
 $108.66B +35.6% +19.1% 51.3 1.9%
MRAAF
Murata Manufacturing Co., Ltd.
 $72.82B +78.8% — — 0.0%
TEL
TE Connectivity plc
 $63.67B -3.2% +8.9% 21.5 2.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
1,103
% held
95.2%
Reported
449 of 1,131
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
283
View
Short & Settlement
Short Interest Falling
Shares short
7.9M
Days to cover
2.2d
Change
-923.1K sh
View
Short Volume
Short vol %
18%
As of
Nov 4, 2026
Short Total
View
Fails to Deliver
FTD shares
668
Value
$75.5K
As of
Sep 29, 2026
View
Off-Exchange
Off-exchange %
42.5%
Week of
Sep 28, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$332.4K
Buyers / Sellers
0 / 1
Buyers Sellers
View
Congressional Trades Sell
Member
Gilbert Cisneros
Amount
$1.0K–$15.0K
Traded
May 14, 2026
View
Financials
Financials
Revenue (FY)
$27.9B
Net income (FY)
$880.0M
EPS diluted
$2.33
View
Buybacks
Authorized
$2.0B
Remaining
$2.0B
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Oct 30, 2026
This year
58

Flex Ltd. reported six-month net sales of $16.4 billion, up 23%, with gross margin of 9.5% for the period ended September 25, 2026; CPI sales rose 45%, driven by Power and Cloud & Cooling and the EPP acquisition.

View
Proposed Sales
Value
$332.4K
Shares
2.8K
Filed
Aug 18, 2026
View
Earnings & Events
Webcasts
Last webcast
Oct 28, 2026
View
Investor Relations
Latest news
FLEX REPORTS SECOND QUARTER FISCA…
Published
Oct 28, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
FLEX -17.0% -35.3% -46.2% -10.7% +27.8%
SPY -0.7% -1.3% +2.5% +1.5% +12.5%
vs SPY -16.3% -33.9% -48.7% -12.2% +15.4%

Capital returns

Buyback program · as of Sep 25, 2026
Authorized
$2.00B
Spent (derived)
$0
Remaining
$2.00B
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 866374 CUSIP Y2573F102 13F (30d) 387 filings 369 filers Visit website Investor relations