B of A Securities Cuts FLEX Price Target to $150
Key Points
- Flex Ltd. traded at $76.99 recently, about equal to its closing price of $76.99 on October 26, 2026.
- B of A Securities's $150 price target implies 94.83% upside from Flex Ltd.'s ($FLEX) current $76.99 share price.
- The company has a market cap of about $28.4 billion and reported trailing twelve-month revenue of approximately $29.3 billion.
- Analysts currently have a consensus price target of $158.9 for Flex Ltd., which is significantly above the recent trading price.
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On October 27, 2026, B of A Securities lowered its price target for Flex Ltd. (FLEX) from $180 to $150 while maintaining a Buy rating. This change indicates a shift in the firm's outlook for the stock, which has been under pressure in recent months.
B of A Securities' new target reflects a continued positive view of Flex, despite the reduction. The firm's action comes as the stock has struggled, trading recently at $76.99, which is significantly below the previous target. The adjustment represents a notable revision in expectations, given the stock's performance in the market.
FLEX
Flex Ltd.
B of A Securities vs. the S&P 500
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Other Institutional Activity in Flex Ltd.
Primecap Management Company reduced its holdings by 2,025,688 shares, ending with 23,358,875 shares valued at about $1.8 billion. Boston Partners trimmed its stake by 4,377,181 shares, now holding 8,615,342 shares worth approximately $663.3 million. Meanwhile, Jupiter Topco LLC increased its position by 7,039,859 shares, bringing its total to 14,079,718 shares valued at about $1.1 billion.
Flex Ltd. Stock Up 0.6%
Flex Ltd. shares are currently trading around $76.99, which is about equal to its closing price on October 26, 2026. The stock is well below its 50-day moving average of $108.04 and its 200-day moving average of $102.60. Additionally, it is about 53.9% lower than its 52-week high of $166.86, but 45.1% above its 52-week low of $53.07.
$FLEX price target
Flex Ltd. daily closes and this analyst's $150 target. Not advice.
Recent Earnings
Flex Ltd. reported trailing twelve-month revenue of approximately $29.3 billion, reflecting a year-over-year growth of 20.6%. The company has a net margin of 3.3% and a return on equity of 18.4%. Flex's next earnings report is scheduled for October 28, 2026.
Insider Buying and Selling at Flex Ltd.
Since June 18, 2026, several insiders at Flex Ltd. sold shares. Chief Executive Officer Revathi Advaithi sold 237,067 shares valued at about $34.2 million, while Chief Operating Officer Kwang Hooi Tan sold 35,638 shares worth approximately $5.2 million. Other insiders, including Daniel J. Wendler and Michael P. Hartung, also sold shares during this period.
Analysts Set New Price Targets
On October 27, 2026, B of A Securities lowered its price target for Flex Ltd. to $150, down from $180, while maintaining a Buy rating. Goldman Sachs and Barclays also maintained their ratings of Buy and Overweight, respectively, with targets of $154 and $144. The consensus among analysts is a price target of $158.9.
About Flex Ltd.
Flex Ltd. is a technology company that provides supply chain and manufacturing solutions across various industries, including automotive, healthcare, and consumer electronics. The company operates through three segments: Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure. This price target adjustment by B of A Securities reflects the challenging market conditions Flex is currently facing.
Bottom Line
Investors will be watching Flex Ltd. closely as it prepares for its next earnings report on October 28, 2026. The recent price target adjustment by B of A Securities signals a need for stakeholders to consider the company's performance in a competitive environment.
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Source: B of A Securities's rating change on $FLEX (Oct 27, 2026). Written by software, not financial advice. How we make alerts