Flex stock: Baird cuts target to USD 135.00 for Flex stock

Published on 10/22/2026 at 19:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Flex reports on October 28, 2026. Flex stock costs EUR 69.17 on October 22, 2026; Nasdaq fell 10.19 percent versus USD 86.25.

Target cut and reporting date

Baird cut its Flex target from USD 142.00 to USD 135.00 on October 20, 2026.
Flex is scheduled to report second-quarter fiscal 2027 results on October 28, 2026.
Flex stock costs EUR 69.17 at Lang & Schwarz on October 22, 2026, while Nasdaq was down 10.19 percent.

FLEX, SG9999000020, Illustration mit AI erstellt.

Flex Ltd. (ISIN SG9999000020) faces a lower analyst target ahead of its next quarterly report. On October 20, 2026, Baird analyst Luke Junk maintained a Buy rating but cut the target from USD 142.00 to USD 135.00, as reported by Futu News. At Lang & Schwarz, Flex was trading at EUR 69.17 on October 22, 2026 at 7:46 p.m. CEST.

October 28 results set the next test

Flex is scheduled to publish its second-quarter fiscal 2027 results before the market opens on October 28, 2026. Flex lists the date among its 2026 investor announcements. MarketBeat said analysts expected revenue of USD 8.17 billion and earnings per share of USD 1.06 for the quarter, compared with USD 7.93 billion and USD 1.00 in the prior quarter.

Nasdaq selloff widens the price frame

The Nasdaq quote was USD 77.46 at 9:53 a.m. EDT on October 22, 2026, down 10.19 percent from the USD 86.25 prior close. Flex remains above its 52-week low of USD 53.07 and below its 52-week high of USD 166.86. The current range puts the stock 46.00 percent above its low and 53.58 percent below its high.

Trading volume stood at 5,873,436 shares at the same timestamp, while market capitalization was USD 28.6 billion. Flex is listed on the Nasdaq under ticker FLEX and belongs to the S&P 500, according to the company investor-relations page.

Revenue growth meets a cash-flow question

For the first quarter of fiscal 2027, revenue reached USD 7.93 billion, up 20.6 percent from the year-earlier quarter, while adjusted earnings per share reached USD 1.00. FinDog reported that free cash flow fell to USD 41.0 million from USD 266.0 million in the comparable quarter, giving the upcoming report two competing measures to watch.

The Baird target of USD 135.00 stands 74.28 percent above the Nasdaq price of USD 77.46. The comparison is in US dollars and does not convert the separate Lang & Schwarz quote.

Comparison with peers

Jabil: down 6.40 percent, P/E 26.88, market capitalization USD 27.6 billion.

Celestica: down 11.03 percent, P/E 28.11, market capitalization USD 34.2 billion.

The next trading reference

Flex was trading at EUR 69.17 at Lang & Schwarz on October 22, 2026 at 7:46 p.m. CEST. The Nasdaq quote stood at USD 77.46 at 9:53 a.m. EDT, down 10.19 percent versus USD 86.25.

The further course of trading is shown by the continuously updated real-time quote of Flex stock.