Flex Ltd. (FLEX) Stock Analysis — Fair Value, Risk & Moat Rating
NMS · Technology · Electronic Components
Is Flex Ltd. a safe investment right now?
As of Aug 13, 2026, our estimated fair value (intrinsic value) for Flex Ltd. (FLEX) stock is $129.20, versus a market price of $126.16 — Watch Zone. Predicted EPS $3.23 x 40.0 Fair PE.
Flex Ltd.'s Altman Z-Score of 3.49 places it in the safe zone. Our fair value estimate is $129.20 (Watch Zone). Moat rating: 3.7/5 stars.
Flex Ltd. is part of the AI Servers Built & Wired — EMS, ODM & PCB group in our AI coverage — compare its fair value against every other AI, cloud, and quantum stock through a value investing lens.
Could Flex Ltd. go bankrupt? Altman Z-Score analysis
Z-Score of 3.49 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives FLEX's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.1956 | 1.2 | 0.23 |
| B · Retained Earnings / Total Assets | RE / TA | 0.0981 | 1.4 | 0.14 |
| C · EBIT / Total Assets | EBIT / TA | 0.0616 | 3.3 | 0.2 |
| D · Market Cap / Total Liabilities | MCap / TL | 2.755 | 0.6 | 1.65 |
| E · Revenue / Total Assets | Rev / TA | 1.2654 | 1.0 | 1.27 |
How has FLEX's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2023 | 3.53 | Safe |
| 2024 | 4.09 | Safe |
| 2025 | 4.01 | Safe |
| 2026 | 3.49 | Safe |
Source: Calculated from FLEX's latest 10-K filing on SEC EDGAR.
Flex Ltd. Fair Value & Intrinsic Value — What Is It Actually Worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $3.23 | Proprietary blend of reported actuals (1Q actual) + analyst consensus, weighted by α |
| Last Year EPS | $2.33 | Annual report (SEC EDGAR) |
| Analyst Consensus EPS (This Year) | $4.72 | 10 analysts consensus |
| Trailing P/E | 48.7x | Current market pricing |
| Fair P/E (β discount) | 40.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | Accelerating | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $160.50 (10 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Flex Ltd. have a durable competitive advantage?
Moat rating: 3.7/5.
What makes up FLEX's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 4/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 4/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is FLEX's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2023 | 11.5% | — |
| 2024 | 10.2% | Declining |
| 2025 | 14.3% | Rising |
| 2026 | 15.3% | Stable |
Source: ROIC calculated from SEC EDGAR filings.
Is Flex Ltd.'s dividend safe?
Flex Ltd.'s key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $27.9B | $25.8B | $28.5B | Stable |
| Net Income | $0.9B | $0.8B | $0.8B | Rising |
| Free Cash Flow | $1.1B | $1.1B | $0.3B | Rising |
| Gross Margin | 9.2% | 8.4% | 6.9% | Rising |
Recent events that affect our FLEX analysis
FLEX earnings report scheduled
Upcoming report. Consensus EPS estimate: $1.06. Revenue estimate: $8.18B. Our current Fair Value: $129.20 — a significant beat or miss could shift this estimate.
FLEX analyst consensus: 100% bullish (11 of 11 analysts)
3 Strong Buy, 8 Buy, 0 Hold, 0 Sell, 0 Strong Sell. Consensus target: $160.50 (27.2% upside). Compare with our independent Fair Value: $129.20.
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
FLEX beat EPS estimates by 8.9%
Reported EPS: $1.00 vs estimate $0.92. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
FLEX beat EPS estimates by 6.1%
Reported EPS: $0.93 vs estimate $0.88. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
FLEX beat EPS estimates by 10.5%
Reported EPS: $0.87 vs estimate $0.79. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
FLEX beat EPS estimates by 4.3%
Reported EPS: $0.79 vs estimate $0.76. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
FLEX beat EPS estimates by 12.3%
Reported EPS: $0.72 vs estimate $0.64. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
FLEX beat EPS estimates by 5.2%
Reported EPS: $0.73 vs estimate $0.69. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
FLEX filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
FLEX beat EPS estimates by 21.8%
Reported EPS: $0.77 vs estimate $0.63. Earnings strength supports our Fair Value of $129.20 (2.4% above current price).
FLEX filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about Flex Ltd.
What is Flex Ltd. stock price today?
Flex Ltd. (FLEX) stock price is $126.16 as of the latest market close, traded on the NASDAQ exchange.
What does Flex Ltd. do?
Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe. It operates through three segments: Integrated Technology Solutions (ITS), Regulated Manufacturing Solutions (RMS), and Cloud and Power Infrastructure (CPI).
What is Flex Ltd. market cap?
Flex Ltd. has a market capitalization of $46.60B, classifying it as a large-cap stock in the Technology sector.
What sector and industry is FLEX in?
Flex Ltd. operates in the Technology sector, specifically within the Electronic Components industry. It trades on the NASDAQ under the ticker symbol FLEX.
Is FLEX stock overvalued or undervalued?
Based on our valuation model, Flex Ltd. trades 2.4% below our fair value estimate — potentially undervalued.
- FairValueLabs Fair Value: $129.20
- Current Price: $126.16
- Valuation Zone: Watch Zone
What is FLEX stock forecast and analyst target price?
Based on 10 Wall Street analysts, the consensus price target for Flex Ltd. is $160.50, implying upside of 27.2% from the current price.
- Analyst High Target: $180.00
- Analyst Low Target: $142.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Flex Ltd. revenue and earnings growing?
Here are the analyst consensus growth estimates for Flex Ltd.:
- Revenue growth (current year est.): 24.0%
- EPS growth (current year est.): 43.2%
- Revenue growth (next year est.): 29.9%
- EPS growth (next year est.): 50.5%
What are Flex Ltd.'s key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $27.9B | Stable |
| Net Income | $0.9B | Rising |
| Free Cash Flow | $1.1B | Rising |
| Gross Margin | 9.2% | Rising |
What is FLEX's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Trailing P/E (last 12 months): 48.7x
- Forward P/E (next 12 months est.): 17.7x
- FairValueLabs Fair P/E: 40.0x
How volatile is FLEX stock?
Flex Ltd. has a beta of 1.67, meaning it is significantly more volatile than the broader market. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Flex Ltd. have?
Flex Ltd.'s balance sheet shows:
- Total Cash: $2.84B
- Total Debt: $5.93B
- Net Cash Position: $-3.09B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is Flex Ltd.'s free cash flow?
Flex Ltd. generated $625.8M in trailing twelve-month free cash flow (from $1.56B in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does Flex Ltd. pay a dividend?
Flex Ltd. does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is Flex Ltd. at risk of going bankrupt?
Flex Ltd.'s Altman Z-Score is 3.49, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Flex Ltd. have a durable competitive advantage?
Flex Ltd. scores 3.7/5 stars (Solid moat · eroding) in our moat analysis:
- ROIC Stability: 4/5
- Gross Margin Trend: 4/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is FLEX's return on equity (ROE)?
Flex Ltd.'s return on equity is 18.4%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy FLEX stock?
FLEX shares can be purchased through any brokerage account that provides access to the NASDAQ. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol FLEX
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is FLEX a value stock or speculative?
FairValueLabs classifies Flex Ltd. as Value-Speculation. It has some value characteristics but carries elevated risk factors that make it speculative. Extra due diligence is recommended.
Who is the CEO of Flex Ltd.?
The current CEO of Flex Ltd. is Ms. Revathi Advaithi.
What is FLEX's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $2.59
- Forward EPS (next 12 months est.): $7.11
- Analyst consensus EPS (this year): $4.72
- Analyst consensus EPS (next year): $7.11
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FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Aug 13, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
FLEX analysis methodology: How we calculate fair value, Z-Scores, and moat ratings