Flex (FLEX) Tops Q3 EPS by 14c, Offers Guidance

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Go back to Flex (FLEX) Tops Q3 EPS by 14c, Offers Guidance

BofA on Flextronics (FLEX): 'we expect revenue growth in FY26 to primarily be driven by the data center business'

January 31, 2025 10:09 AM EST

BofA Securities analyst Ruplu Bhattacharya raised the price target on Flextronics (NASDAQ: FLEX) to $48.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "FLEX reported strong 45% y/y growth in its data center business (compute and power) in F3Q, and guided for similar growth for F4Q25. F25 revenue/EPS guidance mid-points are now... More