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Flex (FLEX) Stock Forecast & Price Target

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$37.07 -0.13 (-0.35%)
(As of 11/18/2024 ET)

Flex - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
6

Based on 6 Wall Street analysts who have issued ratings for Flex in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 5 have given a buy rating, and 1 has given a strong buy rating for FLEX.

Consensus Price Target

$40.83
10.15% Upside
According to the 6 analysts' twelve-month price targets for Flex, the average price target is $40.83. The highest price target for FLEX is $45.00, while the lowest price target for FLEX is $37.00. The average price target represents a forecasted upside of 10.15% from the current price of $37.07.

FLEX Analyst Ratings Over Time

TypeCurrent Forecast
11/19/23 to 11/18/24
1 Month Ago
10/20/23 to 10/19/24
3 Months Ago
8/21/23 to 8/20/24
1 Year Ago
11/19/22 to 11/19/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$40.83$38.80$38.40$32.00
Forecasted Upside10.15% Upside11.19% Upside21.90% Upside21.90% Upside
Consensus Rating
Buy
Buy
Buy
Buy

FLEX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FLEX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Flex Stock vs. The Competition

TypeFlexComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.17
2.68
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside10.15% Upside554.29% Upside9.44% Upside
News Sentiment Rating
Positive News

See Recent FLEX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/31/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$39.00 ➝ $43.00+23.35%
10/31/2024Craig Hallum
3 of 5 stars
C. Schwab
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Boost TargetBuy ➝ Buy$39.00 ➝ $45.00+25.77%
10/22/2024KeyCorp
3 of 5 stars
 Initiated CoverageOverweight$41.00+19.22%
10/17/2024The Goldman Sachs Group
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Mark Delaney
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Set Target$39.00+11.72%
7/25/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$32.00 ➝ $37.00+19.28%
7/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$34.00 ➝ $40.00+34.91%
7/24/2023Credit Suisse Group
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 Reiterated RatingOutperform ➝ Outperform$34.00+19.72%
7/9/2023Bank of America
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 Boost Target$28.00 ➝ $31.00+12.52%
1/27/2023Citigroup
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 Boost TargetBuy$23.00 ➝ $28.00+17.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:16 AM ET.


FLEX Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Flex is $40.83, with a high forecast of $45.00 and a low forecast of $37.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flex in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FLEX shares.

According to analysts, Flex's stock has a predicted upside of 10.15% based on their 12-month stock forecasts.

Over the previous 90 days, Flex's stock had 1 upgrade by analysts.

Flex has been rated by research analysts at Barclays, Craig Hallum, KeyCorp, and The Goldman Sachs Group in the past 90 days.

Analysts like Flex more than other "computer and technology" companies. The consensus rating for Flex is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how FLEX compares to other companies.


This page (NASDAQ:FLEX) was last updated on 11/18/2024 by MarketBeat.com Staff
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