FLEX Stock Summary and Trading Ideas (Flex Ltd. - | NASDAQ:FLEX)

Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.

Flex Ltd. - trades on the NASDAQ stock market under the symbol FLEX.

As of February 21, 2025, FLEX stock price declined to $40.36 with 3,225,555 million shares trading.

FLEX has a market cap of $15.46 billion. This is considered a Large Cap stock.

Last quarter Flex Ltd. - reported $7 billion in Revenue and $.77 earnings per share. This beat revenue expectation by $356 million and exceeded earnings estimates by $.14.

In the last 3 years, FLEX traded as high as $45.10 and as low as $13.63.

The top ETF exchange traded funds that FLEX belongs to (by Net Assets): IJH, VXF, VGT, MDY, IJJ.

FLEX has outperformed the market in the last year with a return of +48.0%, while the SPY ETF gained +22.1%. However, in the most recent history, FLEX shares have underperformed the stock market with its stock returning -0.4% in the last 3 month period and -6.5% for the last 2 week period, while SPY has returned +1.4% and -0.1%, respectively.

FLEX support price is $40.64 and resistance is $42.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLEX shares will trade within this expected range on the day.