Flex Ltd has a consensus price target of $31.14 based on the ratings of 13 analysis. The 3 most-recent analyst ratings were released by Craig-Hallum, Barclays, and JP Morgan on May 2, 2024, May 2, 2024, and April 11, 2024, respectively. With an average price target of $31.67 between Craig-Hallum, Barclays, and JP Morgan, there's an implied 7.42% upside for Flex Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/02/2024 | Buy Now | -8.41% | Craig-Hallum | Christian Schwab | $28 → $27 | Downgrade | Buy → Hold | Get Alert |
05/02/2024 | Buy Now | 15.33% | Barclays | George Wang | $30 → $34 | Maintains | Overweight | Get Alert |
04/11/2024 | Buy Now | 15.33% | JP Morgan | Samik Chatterjee | $32 → $34 | Maintains | Overweight | Get Alert |
03/04/2024 | Buy Now | 25.51% | Goldman Sachs | Mark Delaney | $29 → $37 | Maintains | Buy | Get Alert |
01/25/2024 | Buy Now | -8.41% | Goldman Sachs | Mark Delaney | $34 → $27 | Maintains | Buy | Get Alert |
09/07/2023 | Buy Now | 18.72% | Barclays | George Wang | → $35 | Initiates | → Overweight | Get Alert |
07/27/2023 | Buy Now | 22.12% | Credit Suisse | Shannon Cross | $34 → $36 | Maintains | Outperform | Get Alert |
07/24/2023 | Buy Now | 15.33% | Credit Suisse | Shannon Cross | → $34 | Reiterates | Outperform → Outperform | Get Alert |
05/11/2023 | Buy Now | 15.33% | Credit Suisse | Shannon Cross | $30 → $34 | Maintains | Outperform | Get Alert |
01/27/2023 | Buy Now | -5.02% | Citigroup | Jim Suva | $23 → $28 | Maintains | Buy | Get Alert |
08/17/2022 | Buy Now | -18.59% | Credit Suisse | Shannon Cross | → $24 | Initiates | → Outperform | Get Alert |
06/01/2022 | Buy Now | -28.77% | Goldman Sachs | Mark Delaney | $24 → $21 | Maintains | Buy | Get Alert |
05/18/2022 | Buy Now | -25.37% | Argus Research | Jim Kelleher | → $22 | Upgrade | Hold → Buy | Get Alert |
The latest price target for Flex (NASDAQ:FLEX) was reported by Craig-Hallum on May 2, 2024. The analyst firm set a price target for $27.00 expecting FLEX to fall to within 12 months (a possible -8.41% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Flex (NASDAQ:FLEX) was provided by Craig-Hallum, and Flex downgraded their hold rating.
The last upgrade for Flex Ltd happened on May 18, 2022 when Argus Research raised their price target to $22. Argus Research previously had a hold for Flex Ltd.
The last downgrade for Flex Ltd happened on May 2, 2024 when Craig-Hallum changed their price target from $28 to $27 for Flex Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Flex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Flex was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.
While ratings are subjective and will change, the latest Flex (FLEX) rating was a downgraded with a price target of $28.00 to $27.00. The current price Flex (FLEX) is trading at is $29.48, which is out of the analyst’s predicted range.
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