Flex Ltd. (FLEX) to Join S&P 500 Index on June 22

Flex Ltd. (NASDAQ:FLEX) is one of the 12 High Quality Stocks to Buy for the Long Term.

On June 9, 2026, Flex Ltd. (NASDAQ:FLEX) announced that it had been selected to join the S&P 500 Index. The addition will become effective before the opening of trading on Monday, June 22.

On June 4, 2026, Barclays raised the firm’s price target on Flex Ltd. (NASDAQ:FLEX) to $203 from $174 and maintained an Overweight rating on the shares. The firm raised its target after analyzing the company’s AI and other business segments.

Last month, BofA raised the firm’s price target on Flex Ltd. (NASDAQ:FLEX) to $180 from $75 and maintained an Overweight rating on the shares. KeyBanc said the shares “rose, and rose, and rose” after the company’s Q4 report, where the announcement that Flex would spin off its Data Center business was the main focus.

Flex Ltd. (FLEX) to Join S&P 500 Index on June 22

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Flex Ltd. (NASDAQ:FLEX) provides technology innovation, supply chain, and manufacturing solutions to the data center, communications, enterprise, consumer, automotive, industrial, healthcare, and power industries across the Americas, Asia, and Europe.

While we acknowledge the risk and potential of FLEX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FLEX and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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