Flex Ltd. (FLEX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Flex Ltd. (FLEX) stock forecast summary
On Oct. 16, 2026, FLEX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
Flex Ltd. is a large-cap company with a market capitalization of $33.42B. It ranks number 2 by market capitalization among the 12 Printed Circuit Boards issuers in our coverage with a current forecast.
For FLEX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -7.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FLEX included.
Follow FLEX freeFLEX price chart and AI forecast
How FLEX ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Flex Ltd. (FLEX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Printed Circuit Boards peers listed below that report each metric.
Valuation & Market
| Metric | FLEX | Rank |
|---|---|---|
| Market Cap | $33.42B | 2/12 |
| P/E Ratio | 34.93x | 4/10 |
| P/B Ratio | 6.08x | 3/11 |
| EPS | $2.59 | – |
| Book Value/Share | $14.89 | – |
| Revenue/Share | $79.23 | – |
| FCF/Share | $2.24 | – |
Profitability & Margins
| Metric | FLEX | Rank |
|---|---|---|
| ROE | 18.6% | 3/11 |
| ROA | 4.1% | 6/11 |
| ROIC | 12.1% | 6/10 |
| Gross Margin | 9.5% | 7/11 |
| Operating Margin | 4.8% | 6/11 |
| Net Margin | 3.4% | 6/12 |
| EBT Margin | 4.3% | 6/11 |
| Tax Rate | 23.4% | – |
Financial Health
| Metric | FLEX | Rank |
|---|---|---|
| Current Ratio | 1.38x | 9/11 |
| Quick Ratio | 0.89x | 8/11 |
| D/E Ratio | 3.58x | 2/11 |
| Financial Leverage | 4.58x | 2/11 |
| Interest Coverage | 6.9x | 7/11 |
| Working Capital | $5.02B | 1/11 |
Cash Flow
| Metric | FLEX | Rank |
|---|---|---|
| Operating Cash Flow | $1.56B | 2/11 |
| Free Cash Flow | $826M | 2/10 |
| Capital Spending | -$736M | 10/10 |
| OCF Growth YoY | -0.1% | 7/10 |
| FCF Growth YoY | -30.6% | 5/8 |
| FCF/Sales | 2.8% | 6/10 |
| CapEx/Sales | 2.5% | 5/10 |
Operational Efficiency
| Metric | FLEX | Rank |
|---|---|---|
| Asset Turnover | 1.16x | 8/10 |
| Receivables Turnover | 5.8x | 3/7 |
| Inventory Turnover | 4.1x | 6/10 |
| Fixed Assets Turnover | 11.0x | 6/10 |
| Days Sales Outstanding | 63 days | 5/7 |
| Days Inventory | 89 days | 5/10 |
| Payables Period | 127 days | 2/9 |
| Cash Conversion Cycle | 25 days | 5/6 |
Income Statement
| Metric | FLEX | Rank |
|---|---|---|
| Total Revenue | $29.27B | 2/11 |
| Operating Income | $1.45B | 1/11 |
| Net Income | $1.02B | 2/12 |
| SG&A Expense | $1.15B | 2/12 |
| Cost of Goods Sold | $26.48B | 2/11 |
Dividend & Shareholder Information
| Metric | FLEX | Rank |
|---|---|---|
| Shares Outstanding | 369M | – |
| Net Income Growth | 16.9% | 5/8 |
| EPS Growth | 14.1% | 6/8 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $18.24B | 72.4% of assets |
| Cash & Short-term Investments | $2.84B | 11.3% of assets |
| Accounts Receivable | $5.04B | 20.0% of assets |
| Inventory | $6.45B | 25.6% of assets |
| Total Liabilities | $19.70B | 78.2% of assets |
| Short-term Debt | $4.03B | 16.0% of assets |
FLEX quarterly financials and insider trading
Flex Ltd. (FLEX) industry peers
Companies classified under the same SEC industry code as Flex Ltd. (Printed Circuit Boards): 12 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FLEX Flex Ltd. | ▶ | $33.42B |
| CLS Celestica Inc | ▲ | $34.93B |
| JBL Jabil Inc | ▲ | $29.16B |
| TTMI Ttm Technologies Inc | ▶ | $9.89B |
| SANM Sanmina Corp | ▲ | $9.42B |
| PLXS Plexus Corp | ▲ | $6.14B |
| BHE Benchmark Electronics Inc | ▶ | $2.54B |
| CTS Cts Corp | ▼ | $1.60B |
| KE Kimball Electronics, Inc. | ▶ | $620M |
| NNDM Nano Dimension Ltd. | ▶ | $297M |
| ELTK Eltek Ltd | ▲ | $46M |
| KTCC Key Tronic Corp | ▲ | $23M |
Where FLEX sits on the market map
Flex Ltd. (FLEX) stock news
Loading...
Flex Ltd. (FLEX) stock forecast FAQ
What is the Flex Ltd. (FLEX) stock forecast?
On Oct. 16, 2026, FLEX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Flex Ltd. stock predictions?
For FLEX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -7.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Flex Ltd. forecasts updated?
Flex Ltd. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Flex Ltd.'s industry peers?
12 issuers in our coverage, FLEX included, share the SEC industry code Printed Circuit Boards. The largest are: Celestica Inc (CLS), Jabil Inc (JBL), Ttm Technologies Inc (TTMI), Sanmina Corp (SANM), Plexus Corp (PLXS), Benchmark Electronics Inc (BHE).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.