Flex Ltd has a consensus price target of $35 based on the ratings of 8 analysts. The high is $42 issued by JP Morgan on July 25, 2024. The low is $22 issued by Argus Research on May 18, 2022. The 3 most-recent analyst ratings were released by Craig-Hallum, Stifel, and JP Morgan on July 25, 2024, respectively. With an average price target of $39.33 between Craig-Hallum, Stifel, and JP Morgan, there's an implied 20.03% upside for Flex Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Flex (NASDAQ:FLEX) was reported by Craig-Hallum on July 25, 2024. The analyst firm set a price target for $39.00 expecting FLEX to rise to within 12 months (a possible 19.01% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Flex (NASDAQ:FLEX) was provided by Craig-Hallum, and Flex upgraded their buy rating.
The last upgrade for Flex Ltd happened on July 25, 2024 when Craig-Hallum raised their price target to $39. Craig-Hallum previously had a hold for Flex Ltd.
The last downgrade for Flex Ltd happened on May 2, 2024 when Craig-Hallum changed their price target from $28 to $27 for Flex Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Flex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Flex was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.
While ratings are subjective and will change, the latest Flex (FLEX) rating was a upgraded with a price target of $27.00 to $39.00. The current price Flex (FLEX) is trading at is $32.77, which is within the analyst’s predicted range.
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