Flex Ltd. (FLEX): one to watch?

Hold off — the crash looks like sector profit-taking after a huge AI-hype rally, not new bad news, but the stock is still pricey and earnings loom.

👀 WATCH Fundamentals60/100

Fell 21% in 11 trading day(s) — now $121.12

$167$12.1 20222023202420252026

Why FLEX dropped

Multiple sources tie the drop to a broad selloff across electronic-components/AI-infrastructure manufacturers (Sanmina, TTM Technologies, Jabil all fell too), as investors take profits after Flex's huge run-up tied to S&P 500 inclusion and its planned Cloud & Power Infrastructure spin-off; no Flex-specific negative news (no guidance cut, no fraud, no lost customer) was found.

Fwd P/E 17.5Op margin 5.7%Rev growth 16.9%Debt/equity 86.8%Analyst upside 32.4%
How this scored 60/100
✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.
Makes money Net profit margin 3.2%
Generates cash Free cash flow $840M
Not drowning in debt Debt/equity 86.8% (limit 200%)
Can pay its bills Current ratio 1.4 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 8/25
Operating margin 5.7% 2/9
Net profit margin 3.2% 1/8
Return on equity 17.3% 5/8
Growth Is it getting bigger, or dying? 20/25
Revenue growth 16.9% 7/9
Earnings growth 17.1% 5/8
Expected profit change 197.2% 8/8
Value Is it cheap right now? 17/25
Forward P/E 17.5 7/10
PEG ratio 0.9 7/8
Analyst target upside 32.4% 4/7
Balance sheet Will it survive? 15/25
Debt / equity 86.8% 6/10
Current ratio 1.4 2/8
Free cash flow $840M 7/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-17. Research only — not financial advice.