In a challenging market environment, Flextronics International Ltd. (FLEX) stock has reached its 52-week low, trading at $25.27. With a market capitalization of $9.69 billion and a P/E ratio of 10.29, InvestingPro analysis suggests the stock is currently undervalued, while analysts maintain a strong buy consensus with price targets ranging from $43 to $53. The electronics manufacturing services provider has faced headwinds over the past year, with the stock declining 23.63% year-to-date. Investors are closely monitoring the company’s ability to navigate through the current economic pressures that have weighed heavily on the technology sector, leading to this new low point in the stock’s yearly trading range. InvestingPro technical indicators suggest the stock is in oversold territory, with 14 additional ProTips available to subscribers analyzing FLEX’s financial health, which is currently rated as GOOD.
In other recent news, Flextronics reported a significant increase in its data center business, with a year-over-year growth of 45% in the most recent quarter. This performance has been supported by strategic acquisitions, including JetCool and Crown Technical Systems, which have diversified the company into growth sectors. Stifel analysts initiated coverage on Flextronics with a Buy rating and a price target of $52, highlighting the company’s expansion into power and cooling as key growth areas. Meanwhile, Flex (NASDAQ:FLEX) has expanded its U.S. operations by opening a new 400,000-square-foot facility in Dallas to enhance its production capabilities for power infrastructure solutions. This expansion is expected to reduce production lead times and improve delivery efficiency for North American customers.
Fox Advisors maintained an Overweight rating on Flextronics stock, suggesting it as a potential buying opportunity following a 26% decline since February 2025. The firm believes the stock will outperform the average total return of stocks in the analyst’s industry coverage universe over the next 12 to 18 months. Flex’s new Dallas facility, focusing on power pods and low-voltage switchgear, is part of its strategy to meet the rising demand for power infrastructure driven by artificial intelligence. These recent developments underscore Flextronics’ ongoing efforts to strengthen its market position and enhance its operational capabilities.
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