Stocktoria
FLEX LTD. FLEX
FLEX LTD. (FLEX) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2026 revenue was $27.9B at a 3.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.55 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-07-30 | Goldman Sachs | Buy (main) |
| 2026-07-30 | Barclays | Overweight (main) |
| 2026-06-04 | Barclays | Overweight (main) |
| 2026-05-28 | Freedom Capital Markets | Hold (init) |
| 2026-05-08 | Goldman Sachs | Buy (main) |
| 2026-05-07 | Barclays | Overweight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.196 |
| Retained earnings / assets | 0.098 |
| EBIT / assets | 0.062 |
| Equity / liabilities | 0.304 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FLEX | FLEX LTD. | 7/9 | 2.34 | 61.1 | +8.1% |
| JBL | JABIL INC | 5/9 | 1.65 | 57.6 | +3.2% |
| CLS | CELESTICA INC | 6/9 | 3.2 | 70.7 | +28.5% |
| SANM | SANMINA CORP | 6/9 | 2.13 | 51.6 | +7.4% |
| PLXS | PLEXUS CORP | 8/9 | 5.26 | 44.5 | +1.8% |
| TTMI | TTM TECHNOLOGIES INC | 7/9 | 3.74 | 112.1 | +19% |
| BHE | BENCHMARK ELECTRONICS INC | 7/9 | 4.9 | 132.9 | -0.4% |
About FLEX LTD.
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. The company operates through three segments: Integrated Technology Solutions (ITS), Regulated Manufacturing Solutions (RMS), and Cloud and Power Infrastructure (CPI). The ITS segment offers flexible supply and manufacturing solutions for communications, including high speed networking, enterprise, and satellite communications systems, as well as lifestyle solutions comprising products across commercial, home, and personal product categories. Its RMS segment includes industrial products, such as mission critical automation, energy, and industrial infrastructure; automotive products, including compute and power electronics platforms and integrated systems; and healthcare products comprising regulated manufacturing for medical devices, drug delivery, and equipment. The CPI segment provides cloud and cooling products, such as integrated compute systems supporting power dense digital infrastructure deployments and advanced liquid cooling solutions supporting higher density, power intensive rack architectures; and power products that include utility and facility level electrical infrastructure enabling power delivery and high density rack and board level power systems. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.
FAQ
Is FLEX financially healthy?
FLEX LTD.'s Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does FLEX pay a dividend?
No, FLEX LTD. does not currently pay a dividend.
How profitable is FLEX?
In FY2026, FLEX LTD. had a net margin of 3.2% and a return on equity of 17.1%.
Is FLEX overvalued or undervalued?
FLEX LTD. trades at about 53.4× trailing earnings — above its 10-year norm (10-year range 6.4×–46.2×, median 16.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for FLEX?
The average Wall-Street price target for FLEX LTD. is $160.50, about 28.9% above the recent price, from 10 analysts (consensus: strong buy).
Is FLEX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FLEX LTD.: a Piotroski F-score of 7/9, an Altman Z″ in the grey zone, a P/E of about 61.1×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.