Flex Ltd Stock Price, News & Analysis

Nextracker (NXT) reported strong Q4 FY25 financial results with record revenue of $924 million, up 26% year-over-year. The company achieved GAAP net income of $158 million and diluted EPS of $1.05. For the full fiscal year, Nextracker reached record revenue of approximately $3 billion with backlog exceeding $4.5 billion.

Key highlights include successful product adoption with over 9 GW of NX Horizon Hail Pro bookings and 17 GW of XTR solar trackers sold in FY25. The company expanded its global presence to over 40 countries and announced the acquisition of Bentek Corporation for $78 million to launch its electrical balance-of-systems business.

Looking ahead, Nextracker provided FY26 guidance with revenue projected at $3.2-3.4 billion and adjusted EBITDA of $700-775 million. The company ended FY25 with a strong financial position, generating $622 million in free cash flow and holding over $766 million in cash with no debt.

Flex (NASDAQ: FLEX) has announced a major expansion of its Critical Power Business, Anord Mardix, in Europe to enhance data center power capabilities. The company has acquired a new 600,000-square-foot manufacturing site in Bielsko-Biała, Poland, effectively doubling its European power product capacity to 1.2 million square feet. The facility employs over 700 skilled workers and will produce grid-to-chip products including LV/MV Switchgear, Power Pods, and Busway systems.

This expansion follows recent strategic moves including opening a second facility in Dundalk, Ireland, launching a new U.S. manufacturing facility in Dallas, and acquiring Crown Technical Systems and JetCool Technologies. The expansion is driven by increasing demand for AI-driven power solutions and data center infrastructure, with Flex now operating more than 30 sites in EMEA and maintaining over 11 million square feet of regionalized manufacturing capacity in Europe.

Flex (NASDAQ: FLEX) has announced its leadership team's participation in the J.P.Morgan 53rd Annual Global Technology, Media and Communications Conference. The presentation is scheduled for May 14, 2025, at 7:00am CT / 8:00am ET. Investors can access the live webcast through the Flex Investor Relations website at investors.flex.com, where an archived replay will also be available after the presentation concludes.

Flex (NASDAQ: FLEX) reported strong Q4 and fiscal 2025 results, with Q4 net sales of $6.4 billion and GAAP net income of $222 million ($0.57 per share). For FY2025, the company achieved net sales of $25.8 billion and GAAP net income of $838 million ($2.11 per share). The company delivered record adjusted operating margins and its fifth consecutive year of double-digit adjusted EPS growth. Looking ahead to FY2026, Flex projects revenue between $25.0-26.8 billion and adjusted EPS of $2.81-3.01. The company continues to see strong demand from data center customers and is focusing on shifting its portfolio towards more profitable business segments.

Flex's JetCool has launched the SmartSense Coolant Distribution Unit (CDU), a liquid cooling solution designed for AI and high-performance computing. The system can cool up to 300kW in a single rack and over 2MW at the row level, operating with inlet temperatures above 60°C.

Key features include:

• Eliminates need for chillers
• Reduces energy and water consumption
• Compatible with JetCool's SmartPlate cold plates
• Maintains full processor utilization in high ambient environments

Flex supports the CDU with comprehensive services including commissioning, system validation, rapid parts fulfillment, and ongoing maintenance with integrated telemetry. The solution is being showcased at the 2025 OCP EMEA Summit in Dublin, demonstrating Flex's commitment to addressing data center cooling challenges in the AI era.

Flex (NASDAQ: FLEX) has expanded its data center power products manufacturing capacity at its Columbia, South Carolina facility. The 134,000 sq. ft. facility, along with a new 400,000 sq. ft. facility in Dallas, Texas, will produce critical power solutions including Databar, Power Distribution Units (PDUs), and Remote Power Panels (RPPs).

The expansion aims to meet increasing power infrastructure demands driven by AI adoption while reducing production lead times for U.S. data center operators. Since fiscal year 2024, Flex has expanded its global manufacturing footprint by over eight million square feet, including four new strategic locations primarily in the United States.

As of March 31, 2025, Flex's U.S. presence spans over 13 million square feet across 17 facilities. Combined with approximately nine million square feet in Mexico, Flex maintains one of North America's largest advanced manufacturing footprints.

Nextracker (NXT) has scheduled its fourth quarter and full-year fiscal 2025 financial results announcement for May 14, 2025, after market close. The company will host a conference call to discuss the results on the same day at 2:00 PM Pacific Time (5:00 PM Eastern Time).

Investors can access the live webcast through the company's investor relations website at investors.nextracker.com. Supporting materials and a webcast replay will be made available on the IR website following the event.

Flex (NASDAQ: FLEX) has achieved a remarkable milestone by winning two 2025 Automotive News PACE Awards, becoming the only company to receive multiple awards this year. The company was recognized for its Jupiter Compute Platform and Backup DC/DC Converter design platforms.

The Jupiter Compute Platform, powered by NVIDIA DRIVE AGX, is a scalable compute architecture supporting various applications from passenger cars to commercial vehicles. It enables Level 2+ advanced driver assistance systems to full autonomous driving capabilities. The platform has already demonstrated success with Torc Robotics' virtual driver software for autonomous trucking.

The Backup DC/DC Converter provides important power backup for drive-by-wire systems during emergencies, featuring 15-year operational capability with reduced standby power loss. Both innovations are being adopted by global automakers as essential components in the transition to software-defined vehicles and EV development.

Flex (NASDAQ: FLEX) has scheduled its fourth quarter and fiscal 2025 financial results announcement for Wednesday, May 7, 2025, before market opening. The company will host a conference call to discuss the results at 7:30 AM CT / 8:30 AM ET on the same day.

Investors can access the live webcast presentation through the Flex Investor Relations website at investors.flex.com. Supporting materials and a webcast replay will be made available on the IR website after the event concludes.