Flex Ltd. (NASDAQ:FLEX) was a standout performer in May 2026 with a share price gain of more than 61%. Much of the gains, almost 40%, came in a single day after the company reported its fiscal Q4 2026 earnings on May 6. Flex Ltd. (NASDAQ:FLEX) is also one of the Best Performing Stocks in May.
Flex Ltd. (NASDAQ:FLEX) wrapped up fiscal year 2026 on a strong note, reporting full-year net sales of $27.9 billion, up 8% year-over-year, with Q4 alone delivering $7.5 billion, reflecting a 17% increase from the prior year period. A key highlight was margin consistency. Flex posted its sixth consecutive quarter with an adjusted operating margin of 6% or greater, with Q4 coming in at 6.7%. Full-year adjusted operating margin reached a record 6.3%. The company attributed its performance to disciplined execution, targeted acquisitions, and strategic capital investments aligned to long-term growth.
Following the release, recently on May 28, Freedom Capital initiated coverage of Flex Ltd. (NASDAQ:FLEX) with a Hold rating and a $144 price target. The firm noted that the stock has gained more than 49% since the announcement of the Cloud and Power Infrastructure business spinoff. Freedom Capital believes that the rally has already priced in much of the upside and cautioned investors to wait until the stock price pulls back to the $120 to $130 range for an attractive valuation.
Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply chain company that designs and builds products for industries including automotive, cloud computing, healthcare, and industrial technology.
While we acknowledge the potential of FLEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Flex Ltd. (NASDAQ:FLEX) wrapped up fiscal year 2026 on a strong note, reporting full-year net sales of $27.9 billion, up 8% year-over-year, with Q4 alone delivering $7.5 billion, reflecting a 17% increase from the prior year period. A key highlight was margin consistency. Flex posted its sixth consecutive quarter with an adjusted operating margin of 6% or greater, with Q4 coming in at 6.7%. Full-year adjusted operating margin reached a record 6.3%. The company attributed its performance to disciplined execution, targeted acquisitions, and strategic capital investments aligned to long-term growth.
Following the release, recently on May 28, Freedom Capital initiated coverage of Flex Ltd. (NASDAQ:FLEX) with a Hold rating and a $144 price target. The firm noted that the stock has gained more than 49% since the announcement of the Cloud and Power Infrastructure business spinoff. Freedom Capital believes that the rally has already priced in much of the upside and cautioned investors to wait until the stock price pulls back to the $120 to $130 range for an attractive valuation.
Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply chain company that designs and builds products for industries including automotive, cloud computing, healthcare, and industrial technology.
While we acknowledge the potential of FLEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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