Flex stock hits all-time high at 54.84 USD

Flex Ltd has reached a significant milestone as its stock hit an all-time high of $54.84, pushing its market capitalization to $20.5 billion. This achievement underscores a remarkable year for the company, which has seen its stock price soar by 80% over the past 12 months. According to InvestingPro data, analysts maintain a strong buy consensus with price targets ranging from $50 to $65. The impressive growth trajectory reflects strong market confidence and robust performance in its operations, with management demonstrating conviction through aggressive share buybacks. As Flex continues to expand its market presence and innovate within its industry, investors are closely watching how the company will sustain this upward momentum. For deeper insights into Flex’s valuation and growth prospects, InvestingPro offers 13 additional exclusive tips and a comprehensive Pro Research Report, helping investors make informed decisions.

In other recent news, Flex Ltd. reported impressive first-quarter earnings for fiscal year 2026, with adjusted earnings per share (EPS) of $0.72, surpassing analyst expectations of $0.63. The company also exceeded revenue forecasts, achieving $6.6 billion compared to the anticipated $6.26 billion. Despite these strong financial results, the company’s stock experienced a decline. In another development, Flex Ltd. has entered into a five-year warrant agreement with Amazon.com Inc., which Raymond James views as a positive indicator of their commercial relationship. The specific business areas involved in this agreement remain unspecified. KeyBanc Capital Markets maintained its Overweight rating on Flextronics, with a price target of $60.00, seeing the recent stock sell-off as a buying opportunity. The firm highlighted Flex’s decision to raise its revenue guidance to $26.5 billion from $25.9 billion while maintaining its operating margin guidance.

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