Flex stock gains on strong quarterly revenue
Published on 09/02/2026 at 08:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Flex (SG1W17939512) stock traded at USD 110.50 on August 28, 2026, while MarketBeat showed a market capitalization of USD 40.82 billion and volume of 2.06 million shares. The same market snapshot also put the 52-week range at USD 51.76 to USD 166.86.
Revenue and earnings
Flex reported quarterly revenue of USD 7.93 billion and earnings per share of USD 1.00 for the quarter, according to a MarketBeat filing summary updated on September 2, 2026. The same source said net profit was USD 285 million and return on equity reached 23.15 percent.
For investors, the comparison matters: revenue rose from USD 6.58 billion a year earlier to USD 7.93 billion, while net profit increased from USD 192 million to USD 285 million. That is a clear year-over-year step up in both sales and bottom line.
Consensus still leans higher
A MarketBeat quote page put the consensus price target at USD 114.20 and the consensus rating at Moderate Buy as of September 1, 2026. The same page listed 12 analysts and a trailing P/E ratio of 42.66, which keeps valuation in view after the strong share advance of 82.9 percent since the start of 2026.
The stock also sat close to the top end of its recent range, with a closing price of USD 110.50 against a 52-week high of USD 166.86. That gap is smaller than the year-to-date gain suggests, which makes the next operating update especially relevant.
Flex product mix and earnings power
Flex remains tied to electronics manufacturing services and original design manufacturing, so revenue scale and margin mix continue to drive the stock.
Electronics manufacturing scale
Flex is a global provider of electronics manufacturing services and original design manufacturing, and MarketBeat listed 149,686 employees on its company overview page. The business model is reflected in the quarter's USD 7.93 billion revenue, which shows how much scale still sits behind the group.
Shares near the upper band
Flex stock last closed at USD 110.50 on August 28, 2026, with a market capitalization of USD 40.82 billion as of September 1, 2026. The 52-week range of USD 51.76 to USD 166.86 frames the current valuation debate.
Flex stock key data
- Company: Flex Ltd.
- ISIN: SG1W17939512
- Ticker: FLEX
- Trading venue: NASDAQ
- Price (as of August 28, 2026, 04:00 PM): USD 110.50
- Market capitalization: USD 40.82 billion (as of September 1, 2026)
- Sector / Industry: Technology / Electronic Equipment, Instruments and Components
- Index membership: NASDAQ Composite
