Fintel reports that on March 12, 2026, Baird initiated coverage of Flex (NasdaqGS:FLEX) with a Outperform recommendation.
Analyst Price Forecast Suggests 20.86% Upside
As of February 25, 2026, the average one-year price target for Flex is $76.61/share. The forecasts range from a low of $70.70 to a high of $84.00. The average price target represents an increase of 20.86% from its latest reported closing price of $63.39 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Flex is 32,443MM, an increase of 20.90%. The projected annual non-GAAP EPS is 2.81.
What is the Fund Sentiment?
There are 933 funds or institutions reporting positions in Flex. This is an decrease of 298 owner(s) or 24.21% in the last quarter. Average portfolio weight of all funds dedicated to FLEX is 0.28%, an increase of 28.27%. Total shares owned by institutions decreased in the last three months by 16.69% to 387,362K shares. 
The put/call ratio of FLEX is 1.31, indicating a bearish outlook.
What are Other Shareholders Doing?
Primecap Management holds 26,702K shares representing 7.26% ownership of the company. In its prior filing, the firm reported owning 29,610K shares , representing a decrease of 10.89%. The firm decreased its portfolio allocation in FLEX by 7.11% over the last quarter.
Janus Henderson Group holds 22,331K shares representing 6.07% ownership of the company. In its prior filing, the firm reported owning 26,310K shares , representing a decrease of 17.82%. The firm decreased its portfolio allocation in FLEX by 13.22% over the last quarter.
Wellington Management Group Llp holds 17,636K shares representing 4.80% ownership of the company. In its prior filing, the firm reported owning 17,131K shares , representing an increase of 2.87%. The firm decreased its portfolio allocation in FLEX by 84.78% over the last quarter.
Boston Partners holds 12,104K shares representing 3.29% ownership of the company. In its prior filing, the firm reported owning 19,031K shares , representing a decrease of 57.23%.
Invesco holds 8,290K shares representing 2.25% ownership of the company. In its prior filing, the firm reported owning 8,577K shares , representing a decrease of 3.45%. The firm decreased its portfolio allocation in FLEX by 87.77% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
