Latest news with #FlexLtd
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Flex Set to Report Q1 Earnings: Is a Beat in the Offing?
Flex Ltd. ( FLEX ) is scheduled to report first-quarter fiscal 2026 results on July 24, before market open. The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $6.25 billion, indicating a fall of approximately 1% from the year-ago quarter's reported figure. The consensus mark for earnings is pegged at 63 cents per share, up 23.5% year over year. For the fiscal first quarter, Flex expects revenues to be between $6 billion and $6.5 billion. Management expects adjusted earnings of 58-66 cents per share, excluding 7 cents for net stock-based compensation expense and 5 cents for net intangible amortization. The company's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters with the average surprise being 16.2%. Shares of the company have gained 80.7% in the past year against the Zacks Electronics - Miscellaneous Products industry 's decline of 7.1%. Factors at Play for FLEX Positive momentum, fueled by its expanding IP portfolio, recent design wins, acquisitions and strong demand in data center, networking and automotive power electronics markets, is likely to have supported Flex's performance in the fiscal first quarter. Flex's strategic initiatives in cloud, power and automotive segments have boosted its fiscal fourth quarter revenues and are expected to have aided its performance in the first quarter. At its last Investor Day held in May, Flex unveiled the next phase of its EMS + Products + Services strategy. This expands on its strong manufacturing and supply chain capabilities by adding proprietary products and value-added services for better integration and customization. The company's power products uniquely position it as the only provider with a comprehensive data center solution—from grid to chip. This strategy is expected to deliver higher customer value, foster deeper partnerships and support margin-enhancing growth, going ahead. Flex continues to benefit from its extensive global footprint of more than 48 million square feet across 110+ sites, enabling efficient, high-scale manufacturing. Strong growth in the Americas, with revenue rising from 38% in fiscal 2020 to 49% in fiscal 2025, reflects its increasing strategic value. For 2026, Flex anticipates data center revenue to grow approximately mid-30%, with power growth expected to exceed that slightly as domestic capacity expands, while cloud growth may be slightly lower due to tough year-over-year comparisons. Flex Ltd. Price and EPS Surprise Flex Ltd. price-eps-surprise | Flex Ltd. Quote For the Reliability Solutions business, management forecasts sales to remain flat to down high-single digits in the fiscal first quarter owing to weakness in the automotive sector, due to tariff-related disruptions adversely impacting customer volumes. Agility Solutions' revenues are anticipated to be down by low-single digits to up mid-single digits, with steady growth expected in cloud markets, balanced against softer enterprise, IT and consumer-related end markets. Uncertain macro environment and changing trade policies act as a burden. Management expects tariff-related costs from raw material sourcing in China and other regions, and plans to pass these costs to customers. However, tariffs are likely to have affected cash flow timing and put slight pressure on margins. While Flex is taking proactive pricing steps to counter these effects, tariffs still pose a major challenge to overall performance. Key Business Highlights In June 2025, Flex joined forces with the Massachusetts Institute of Technology ('MIT') on the Initiative for New Manufacturing (INM) — a cutting-edge Institute-wide project that aspires to rebuild U.S. manufacturing from the core, with sustainability, human experience and advanced technology. As a founding member of the INM Industry Consortium, Flex will work together with MIT researchers, faculty and peer organizations to drive a shared vision of improving manufacturing by harnessing AI, machine learning (ML) and new system-level technologies. In May 2025, Flex's subsidiary JetCool has introduced its advanced SmartPlate System, a self-contained, direct-to-chip liquid cooling solution available on selected Dell PowerEdge servers. This fully sealed system offers immediate improvements in performance and efficiency without altering existing data center setups or requiring facility water. Independent testing confirmed that the SmartPlate System achieves an average of 15% IT power savings, supporting stable performance and higher utilization even under warmer conditions. Flex's Critical Power unit, Anord Mardix, expanded its European operations with a new manufacturing site in Poland, doubling its regional power product capacity to 1.2 million sq. ft. This move supports growing demand for AI-driven data center power solutions. It follows the recent opening of a second facility in Dundalk, Ireland, which doubled capacity there as part of Flex's broader strategy to strengthen global power and data center infrastructure. Flex expanded its multi-year partnership with Arch Systems to accelerate its digital transformation and enhance operational efficiency through advanced data and AI solutions. The collaboration will initially focus on major global sites, integrating Arch's connectivity with Flex's existing systems and MES. The expansion will scale across hundreds of production lines worldwide within the first year. What Our Model Says About Flex Our proven model predicts an earnings beat for FLEX this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is exactly the case here. Flex has an Earnings ESP of +2.77% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Other Stocks With Favorable Combination Here are some other companies with the right combination of elements to post an earnings beat in their upcoming releases. Emerson Electric Co. ( EMR ), expected to release earnings on Aug. 6, currently has an Earnings ESP of +0.46% and a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. The consensus estimate for Emerson Electric's earnings for the third quarter of fiscal 2025 is pegged at $1.51 per share, indicating year-over-year growth of 5.6%. EMR has a trailing four-quarter average surprise of 3.4%. Illinois Tool Works Inc. ( ITW ), slated to release second-quarter 2025 results on July 30, has an Earnings ESP of +1.44% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for Illinois Tool Works' second-quarter 2025 earnings is pegged at $2.55 per share, suggesting a year-over-year rise of 0.4%. ITW has a trailing four-quarter average surprise of 3%. SAP SE ( SAP ) is scheduled to post results for the second quarter of 2025 on July 22, has an Earnings ESP of +0.05% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for SAP's second-quarter earnings is pegged at $1.63 per share, implying a 38% increase from the year-ago reported actuals. It has a trailing four-quarter average surprise of 10%. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Illinois Tool Works Inc. (ITW): Free Stock Analysis Report Emerson Electric Co. (EMR): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Flex Ltd. (FLEX): Free Stock Analysis Report
Yahoo
15-07-2025
- Business
- Yahoo
Flex Honored with 2025 Manufacturing Leadership Award for Digital Supply Chains with AI-Powered Flex Pulse Network Design
Flex Ltd. (NASDAQ:FLEX) is one of the best tech stocks to buy under $100. On June 24, Flex announced that it received a 2025 Manufacturing Leadership Award in the Digital Supply Chains category. These awards are sponsored by the National Association of Manufacturers and recognize manufacturing companies and leaders who are shaping the future of global manufacturing. The award specifically recognized Flex Pulse Network Design, one of Flex's intelligent Flex Pulse tools. The tool was honored for its unique capability to help companies de-risk decisions through advanced modeling, which enables them to design, test, and rapidly evaluate robust and efficient value chain solutions. An engineer with a pen and paper designing a switchgear circuit diagram. Flex Pulse Network Design uses predictive analytics and ML to provide real-time insights, which can reduce total supply chain costs by 5% to 30% and cut down network simulation times from weeks to just hours. Flex was formally recognized at the Manufacturing Awards Gala held on June 18 at the JW Marriott in Marco Island, Florida. Flex Ltd. (NASDAQ:FLEX) provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, industrial, healthcare, industrial, and power industries. While we acknowledge the potential of FLEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Flex Announces Date for First Quarter Fiscal 2026 Earnings Call
AUSTIN, Texas, July 9, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2026 financial results before the market opens on Thursday, July 24, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. Investors & AnalystsMichelle SimmonsSenior Vice President, Global Investor Relations and Public Relations(669) Media & PressYvette LorenzDirector, Executive Communications and Corporate PR(415) View original content to download multimedia: SOURCE Flex Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
Zacks.com featured highlights include Flex, CVS Health, Urban Outfitters and Exelixis
Chicago, IL – June 13, 2025 – Stocks in this week's article are Flex Ltd. FLEX, CVS Health CVS, Urban Outfitters URBN and Exelixis EXEL. In the equity market, investments always need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in times of extreme market instability. The investing track of the Oracle of Omaha over the past few decades and his gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor might give us all the answers. Several stocks that have surged significantly in the recent past show an overwhelming success of this hybrid investing strategy over pure-play value and growth investments. Here, we will discuss the success of four such stocks. These are Flex Ltd., CVS Health, Urban Outfitters and Exelixis. The GARP theory enables strategic mingling of growth and value-investing principles, which gives us a hybrid strategy by utilizing the best features of both. What GARPers look for is whether or not the stocks are somewhat undervalued and have solid, sustainable growth potential (Investopedia). GARP investing gives priority to one of the popular value metrics — the price/earnings growth (PEG) ratio. Although it is categorized under value investing, this strategy follows the principles of both growth and value investing. The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate It relates stocks' P/E ratio with their future earnings growth rates. While P/E alone gives an idea of stocks that are trading at a discount, PEG, while adding the growth element to it, helps identify stocks with solid future potential. A lower PEG ratio, preferably less than 1, is always better for GARP investors. Say, for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66, a ratio indicating both undervaluation and future growth potential. Unfortunately, this ratio is often neglected due to investors' limitations in calculating the future earnings growth rate of a stock. There are some drawbacks to using the PEG ratio though. It does not consider the very common situation of changing growth rates, such as the forecast of the first three years at a very high growth rate, followed by a sustainable but lower growth rate over the long term. Hence, PEG-based investing can be even more rewarding if some other relevant parameters are also taken into consideration. Here are the four stocks that qualified the screening: Flex: This Singapore-based company has a diverse workforce across 30 countries and offers advanced manufacturing solutions and additional value to customers through a wide array of services, including design and engineering, component services, rapid prototyping, fulfilment, and circular economy solutions. Flex is gaining from a growing intellectual property (IP) portfolio, new design wins and strategic acquisitions. FLEX stock can be an impressive GARP investment pick with its Zacks Rank #2 and a Value Score of A. Apart from a discounted PEG and P/E, Flex also has an impressive long-term historical earnings growth rate of 35.1%. You can see the complete list of today's Zacks #1 Rank stocks here. CVS Health: Headquartered in Woonsocket, RI, this is a pharmacy innovation company with integrated offerings across the entire spectrum of pharmacy care. CVS Health is investing in advanced technological capabilities to cut down costs and improve customer experience. Improved Medicare Advantage star ratings for the 2025 payment year are a positive development for the company. CVS can also be an impressive GARP investment pick with its Zacks Rank #2 and a Value Score of A. Apart from a discounted PEG and P/E, CVS Health also has a solid long-term expected growth rate of 11.4%. Urban Outfitters: Based in Philadelphia, PA, Urban Outfitters is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gift products. The company's merchandise is generally sold directly to consumers through stores, catalogs, call centers and e-commerce platforms. Apart from a discounted PEG and P/E, Urban Outfitters has a Value Score of A and holds a Zacks Rank #1. URBN stock also has a 20% earnings growth rate for the last five years. Exelixis: This Alameda, CA-based oncology-focused biotechnology company primarily focuses on the discovery, development and commercialization of new drugs for the treatment of difficult-to-treat cancers. Exelixis has collaborations with several leading pharmaceutical companies such as Bristol-Myers Squibb, Merck and Daiichi Sankyo Company for various compounds and programs in its portfolio. The stock can be an impressive value investment pick with its Zacks Rank #2 and a Value Score of B. Apart from a discounted PEG and P/E, the stock also has an impressive long-term expected earnings growth rate of 21.2%. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit at: Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CVS Health Corporation (CVS) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Exelixis, Inc. (EXEL) : Free Stock Analysis Report Flex Ltd. (FLEX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-05-2025
- Business
- Yahoo
Flex to Participate in Upcoming Investor Conference
AUSTIN, Texas, May 31, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) has announced members of its leadership team will participate in the upcoming investor conference: Bank of America 2025 Global Technology Conference Date: June 4, 2025Presentation time: 1:20pm PT / 4:20pm ET The presentation will be available as a live webcast accessible through the Flex Investor Relations website at An archived replay will be available on the website shortly after the conclusion of the presentation. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. Media, Investors & AnalystsMichelle SimmonsSenior Vice President, Investor and Public Relations(669) View original content to download multimedia: SOURCE Flex Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
