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Flex ( (FLEX) ) just unveiled an announcement.
On April 30, 2026, Flex Ltd. secured a $1.45 billion senior delayed draw term loan facility led by Citibank, maturing 364 days after first funding and carrying floating-rate interest tied to Term SOFR or a base rate with margins linked to its debt ratings. The agreement includes customary covenants and leverage and interest coverage tests, with proceeds designated for general corporate use, notably financing the acquisition of Electrical Power Products, Inc.
On May 4, 2026, Flex announced it had completed the acquisition of Electrical Power Products, Inc. (EP²), a Des Moines, Iowa-based provider of engineered-to-order electrical power control and protection systems with more than 35 years of experience. The deal expands Flex’s Critical Power portfolio, deepens its presence in utility, power generation, and data center markets, and adds Midwest manufacturing scale that supports grid modernization, electrification, data center growth, and U.S. reshoring initiatives.
The most recent analyst rating on (FLEX) stock is a Buy with a $88.00 price target. To see the full list of analyst forecasts on Flex stock, see the FLEX Stock Forecast page.
Spark’s Take on FLEX Stock
According to Spark, TipRanks’ AI Analyst, FLEX is a Outperform.
The score is driven primarily by improved financial health (lower leverage and strong cash generation) and a constructive earnings call with raised guidance and sustained data-center/power momentum. Technicals are supportive but show overextended conditions (high RSI/Stoch), while valuation is only mid-range given a ~23.8 P/E and no dividend yield support in the data.
To see Spark’s full report on FLEX stock, click here.
More about Flex
Flex is a global manufacturing and supply chain solutions provider that partners with leading brands to design, build, and manage products across their lifecycle. Operating in about 30 countries, the company focuses on advanced manufacturing, innovative technology, and scalable infrastructure solutions, including power and cooling systems that support data center deployment in the AI era.
Flex positions itself as a key enabler for customers facing power, heat, and scale challenges, particularly in high-growth sectors such as data centers and critical infrastructure. Its portfolio spans embedded and critical power solutions, giving the company exposure to long-term trends like electrification, grid modernization, and U.S. manufacturing reshoring.
Average Trading Volume: 3,660,225
Technical Sentiment Signal: Buy
Current Market Cap: $33.72B
For an in-depth examination of FLEX stock, go to TipRanks’ Overview page.