Flex Ltd. (FLEX) is set to report its fourth-quarter fiscal 2026 results on May 6, with the Zacks Consensus Estimate for revenues at $6.92 billion, reflecting an 8.1% increase from the previous year. Earnings per share (EPS) are projected at 86 cents, marking a 17.8% year-over-year rise.
Flex anticipates revenues between $6.75 billion and $7.05 billion for the quarter, with adjusted EPS expected to range from 83 to 89 cents. The company’s data center sector is a key growth driver, aiming for approximately $6.5 billion in revenue, a 35% increase year-over-year, contributing about 25% of total revenues. Recent collaborations include partnerships with NVIDIA and LG to enhance data center technologies and automation.
Over the past year, Flex’s stock has surged 150.2%, outperforming the Zacks Electronics – Miscellaneous Products industry, which grew by 81.1%. Despite strong growth in the data center segment, challenges persist in consumer-related markets, contributing to moderate overall growth.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
