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$FLEX

22 stories mentioning FLEXUpdated 14d ago

Every FINWIRES story that references FLEX, newest first.

Wire

Flex, Teradyne Robotics Broaden Automation Partnership

Flex (FLEX) and Teradyne's (TER) robotics division are expanding their collaboration to accelerate intelligent automation across global manufacturing, Flex said Wednesday.Flex will continue manufacturing key components for Teradyne's Universal Robots and Mobile Industrial Robots brands while also deploying these collaborative robots and autonomous mobile robots within its own production sites, Flex said.This integration is intended to validate robotics performance at scale and enable faster replication of successful automation workflows across diverse industries.Flex shares fell 1.2% in Wednesday trading, and Teradyne declined 0.4%.Price: $84.14, Change: $-1.00, Percent Change: -1.17%

$FLEX$TER
Research

Research Alert: CFRA Maintains Buy Opinion On Shares Of Flex Ltd.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target price to $86 from $78, reflecting FLEX's data center dominance as a powerful tailwind. We raise our FY 27 (Mar.) EPS estimate to $3.90 from $3.56 while maintaining FY 26 at $3.23. FLEX continues to demonstrate impressive execution, capitalizing on the AI data center market's projected 28%+ CAGR through 2030. We believe the power segment is particularly compelling, with growth rates likely to exceed the overall data center target as AI workloads drive higher power requirements. FLEX's recent completion of the industry's first fully integrated gigawatt data center solution represents a significant catalyst, positioning the company to capture accelerating global demand. We expect data center growth to more than offset traditional market weakness, while improving operating leverage from favorable business mix shift. We believe these tailwinds and FLEX positioning in the market warrant our increased multiple of 22x FY 27 EPS.

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