Flex Ltd Stock Price, News & Analysis

Flex (NASDAQ: FLEX) said its Health Solutions business won the 2025 PDA Drug Delivery Innovation Award on Nov 13, 2025 for a collaboration with Merck KGaA, Darmstadt, Germany, on a connected autoinjector.

The entry, presented at the PDA Universe of Pre-Filled Syringes and Injection Devices Conference in Vienna, recognized a connected autoinjector ecosystem that includes a smart device, cloud data system, patient mobile app, and clinician dashboard to support adherence and personalized care.

Nextpower (Nasdaq: NXT) announced a corporate rebrand from Nextracker to Nextpower on November 12, 2025, reflecting a shift from solar tracking into an integrated power technology platform.

Key disclosures include development of utility-scale power conversion systems with first shipments expected in 2026, a FY30 revenue target of $4.8B–$5.6B with ~one-third of revenue from non-tracker products, retention of the NXT ticker, and leadership continuity. The company reported growth from $1.9B (FY23) to $3.4B TTM through Sept 2025 and 150 GW shipped of systems worldwide with #1 global tracker share for 10 consecutive years.

Flex (NASDAQ: FLEX) deployed a rack-level liquid cooling demonstration at the Equinix Co-Innovation Facility in Ashburn, Virginia on Nov 12, 2025. The demo integrates JetCool single-phase direct liquid cooling (DLC) into a single OCP ORv3 rack combining rack, cooling, and power products from Flex.

Key technical highlights include JetCool SmartPlate for Dell PowerEdge R760 (closed-loop, no external CDU), SmartPlate's 15% total IT power reduction, DLC operation at coolant inlet temperatures up to 70°C with up to 90% water savings and 50% lower cooling power, a SmartSense 6U L2L CDU supporting up to 300kW, and cold-plate cooling up to 4kW per socket.

Flex (NASDAQ: FLEX) and LG announced a partnership to co-develop integrated, prefabricated modular cooling solutions for high-density AI data centers, combining Flex's liquid cooling, power, and IT infrastructure with LG's air and liquid cooling modules including CRAC/CRAH, chillers, and CDUs.

The solutions will join the Flex AI infrastructure platform to accelerate deployment, enable scalable thermal management, separate facility and IT cooling fluids, and improve energy efficiency and time-to-revenue for data center operators. Announcement date: November 4, 2025.

Flex (NASDAQ: FLEX) published its 2025 sustainability report on October 30, 2025, disclosing 2024 performance against its 2030 goals and alignment with Global Reporting Initiative standards.

Key 2024 highlights: 43% decrease in absolute Scope 1 and 2 emissions vs. 2019, 32% of electricity from renewables, 47% of sites verified as zero waste, a 10% decrease in total case incident rate YoY, 58% of preferred suppliers with emission targets and 100% of specified customers with science‑based targets.

The report notes external recognition including an A‑ CDP climate score, Times/Statista World's Best Companies placement, and Ethisphere World's Most Ethical Company distinction for 2025.

Flex (NASDAQ: FLEX) reported Q2 FY2026 results for the period ended September 26, 2025: Net sales $6.8B (up 4%), GAAP operating margin 4.4%, GAAP EPS $0.52 (includes $41M, or $0.11, of costs from missile strike damage at a Ukraine facility) and Adjusted EPS $0.79 (record).

Cash provided by operations was $453M and free cash flow $305M. Management raised FY2026 guidance to $26.7B–$27.3B net sales, adjusted operating margin 6.2%–6.3%, and adjusted EPS $3.09–$3.17, citing strong data center demand in Power and Cloud.

Flex (NASDAQ: FLEX) announced a collaboration with NVIDIA to accelerate deployment of modular, energy-efficient AI factories at scale, emphasizing U.S. infrastructure demand on Oct 28, 2025. Flex will leverage its rack integration, grid-to-chip power and cooling products, and global manufacturing footprint to shorten lead times.

Key elements include a purpose-built 400,000 sq. ft. Dallas facility, a pilot using NVIDIA cuOpt and digital twins for capacity planning and logistics, and work on 800 VDC megawatt-scale rack power infrastructure.

Nextracker (Nasdaq: NXT) launched its NX Earth Truss foundation solution in Australia on October 28, 2025, backed by a grant from the Australian Renewable Energy Agency (ARENA).

The system targets hard or rocky soils for utility-scale solar, using the semi-autonomous NX Truss Driver to install foundations in a single pass, reduce labour needs, and minimize grading and vegetation disturbance. Australia is the first deployment outside North America. Nextracker cited >10 GW delivered or under construction in Australia since 2016 and highlighted local partnerships with Orrcon Steel and Baojia and Queensland Government support.

Nextracker (Nasdaq: NXT) reported Q2 FY26 revenue of $905 million, up 42% YoY, GAAP net income of $147 million, and adjusted EBITDA of $224 million (up 29% YoY). The company reported a record backlog of over $5 billion, launched NX PowerMerge eBOS products, acquired Origami Solar, and formed a Saudi JV. Nextracker ended the quarter with $845 million cash, no debt, and a new $1 billion unsecured revolving credit facility. Management raised FY26 revenue guidance to $3.275–$3.475 billion and adjusted EBITDA to $775–$815 million.