FLEX LTD.
At today's price, FLEX LTD. (FLEX) is priced for today's economics sustained for ~12.1 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
The balance sheet is doing real work. Flex generates more than $1 billion of free cash flow, has been retiring shares at roughly 5% a year, and funded a $1.1 billion acquisition while keeping leverage modest, all of which lets it pivot toward AI data-center infrastructure on its own dime. The price, near $148, is reached only by the growth methods. Every static method, asset, earnings-power, and most peer multiples, sits between roughly $20 and $73, because they cannot price a margin transforma
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763 institutional managers reported holding FLEX in 13F filings for the quarter ended 2026-03-31. Together they hold about 93% of the company; the top 10 hold 56%. 106 opened new positions that quarter. Held by BlackRock, Vanguard Group, PRIMECAP Management, among others. On the short side, 6.6M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (1.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FLEX has cut its share count 43.4% over the past five years, spending $4.36B on repurchases. It pays no dividend. Cash returned over the past three years: $3.30B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at FLEX over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FLEX's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-01 | -5.0% | -3.5% |
| 2023-10-31 | +8.1% | +17.8% |
| 2024-02-03 | +4.2% | +15.8% |
| 2024-05-18 | -4.3% | -0.9% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FLEX's latest 8-K filings: 2026-06-12 (items 5.02); 2026-06-02 (items 1.01, 2.03, 9.01); 2026-05-05 (items 2.02, 7.01, 9.01); 2026-05-04 (items 1.01, 2.03, 7.01, 9.01); 2026-03-30 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.