Barclays Lifts PT on Flex Ltd. (FLEX), Cites AI and Business Segments

Flex Ltd. (NASDAQ:FLEX) is one of the best NASDAQ stocks to buy and hold for 3 years. Barclays lifted the price target on Flex Ltd. (NASDAQ:FLEX) to $203 from $174 on June 4 and maintained an Overweight rating on the shares. The firm raised the price target on the stock after analysing the company’s AI and other business segments.

Flex Ltd. (FLEX): Among Overlooked Tech Stocks to Buy Now

In its financial results for the fourth quarter and fiscal year ended March 31, 2026, Flex Ltd. (NASDAQ:FLEX) reported fiscal Q4 net sales of $7.5 billion, and full-year net sales of $27.9 billion, up 17% and 8%, respectively, compared to the prior year. It delivered a GAAP operating margin of 5.0% for the quarter, and an adjusted operating margin of 6.7%, marking its sixth consecutive quarter with an adjusted operating margin of 6% or greater.

Flex Ltd. (NASDAQ:FLEX) further reported that it delivered a full-year GAAP operating margin of 4.9% and adjusted operating margin of 6.3%, setting another record for the company. GAAP EPS for the quarter was $0.67, while full-year GAAP EPS came up to $2.33.

Flex Ltd. (NASDAQ:FLEX) operates as a manufacturing services company that delivers supply chain, technology innovation, and manufacturing solutions to diverse industries and end markets. Its operations are divided into the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS).

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