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Flex ( (FLEX) ) just unveiled an announcement.
On July 15, 2025, Flex Ltd. entered into a new $2.75 billion Credit Agreement with Bank of America and other financial institutions, replacing its previous $2.5 billion agreement. The new facility, maturing in 2030, includes a revolving credit facility with sublimits for swing line loans and letters of credit, and allows for potential incremental term loans or increased revolving commitments up to $500 million. This agreement impacts Flex’s financial operations by providing greater flexibility and extended maturity, while maintaining certain covenants and default conditions. The termination of the 2022 Credit Facility marks a strategic financial restructuring for the company.
The most recent analyst rating on (FLEX) stock is a Buy with a $60.00 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 Neutral.
Flex’s overall score is bolstered by its stable financial performance and strong earnings call highlights, particularly in its data center business. Technical indicators suggest potential overbought conditions, and valuation metrics indicate moderate pricing.
To see Spark’s full report on FLEX stock, click here.
More about Flex
Average Trading Volume: 4,339,084
Technical Sentiment Signal: Buy
Current Market Cap: $19.38B
Learn more about FLEX stock on TipRanks’ Stock Analysis page.