What is FLEX stock price target for 2026?

WallStSmart's 12-month price target for Flex Ltd is $66.87, representing 26.2% downside from the current price of $90.60.

What is FLEX stock forecast?

Flex Ltd forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is FLEX undervalued based on price targets?

Our DCF intrinsic value for Flex Ltd is $113.97, against a current price of $90.60. The margin of safety is 43.11%.

FLEX

Flex Ltd

NASDAQ: FLEX · TECHNOLOGY · ELECTRONIC COMPONENTS

$90.60

+3.95% today

Updated 2026-04-29

Market cap

$33.31B

P/E ratio

40.63

P/S ratio

1.24x

EPS (TTM)

$2.23

Dividend yield

—

52W range

$35 – $92

Volume

3.5M

Market cap

$33.31B

P/E ratio

40.63

P/S ratio

1.24x

EPS (TTM)

$2.23

Dividend yield

—

52W range

$35 – $92

Volume

3.5M

Flex Ltd (FLEX) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$90.60

Consensus

$61,110.00

+67350.33%

2030 Target

$1,412.95

+1459.55%

DCF

$113.97

+43.11% MoS

Current price

$90.60

Analyst consensus

$61,110.00

+67350.33%

2030 Target

$1,412.95

+1459.55%

Intrinsic (DCF)

$113.97

+43.11% MoS

9 analysts:

5 Buy1 Hold0 Sell

Management guidance

Flex has not disclosed specific revenue targets through 2030 in available guidance. However, management emphasized strong momentum in AI infrastructure and data centers, with the recent $1.1B EP2 acquisition (generating ~$323M annually) expected to be accretive to EPS in FY2026. CEO commentary focuses on margin expansion and high-growth segment penetration rather than absolute revenue targets.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$2,352.64

$43.5B Rev × 20x P/S

Base case (2030)

$1,412.95

$43.5B Rev × 12x P/S

Bear case (2030)

$939.68

$43.5B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$28.5B	$26.4B	$25.8B	$28.5B	$31.2B	$34.8B	$38.9B	$43.5B
Revenue growth	—	-7.3%	-2.3%	6.3%	9.5%	11.5%	11.8%	11.8%
EPS	—	$2.53	$2.38	$3.50	$4.10	$4.85	$5.65	$6.50
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$925.97	$1,015.13	$1,131.74	$1,262.06	$1,412.95

Catalysts & risks

Growth catalysts

+ AI data center buildout acceleration (NVIDIA, AMD partnerships) driving 15-20% annual growth in high-margin segments

+ $1.1B EP2 acquisition integration adding $323M revenue baseline with margin upside from power infrastructure consolidation

+ Grid modernization and electrification secular tailwinds supporting critical power portfolio expansion through 2030

Key risks

- Consumer electronics segment weakness (-18% profit decline recent quarter) creating revenue headwinds if data center growth slows

- Elevated leverage post-EP2 deal ($4.93B LT debt, 0.98 debt/equity) constrains financial flexibility if macro deteriorates

- Analyst consensus shows wide dispersion ($23-$75 price targets); Jefferies Hold at $23 suggests valuation risks if growth stalls

Methodology

Flex Ltd's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 9 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.