Flex gains on strong AI-driven growth and improved earnings outlook, boosting buy rating.

Flex's Cloud and Power Infrastructure segment is driving strong AI-related growth, with revenue guidance for FY27 raised to 75–85% growth and margin expansion. New AI infrastructure products and services are broadening Flex's market and improving margins. Additionally, RemainCo's RMS and ITS businesses show solid growth and lower capital expenditure, supporting attractive free cash flow after the CPI spin-off. These fundamentals underpin a reaffirmed Buy rating despite recent stock price declines.

Flex trades at USD 84.26 on Pluang as of Nov 04, 2026 11:01 WIB, showing a slight 0.07% gain for the day despite recent stock price declines mentioned in the news. The stock's market cap stands at $31.11 billion, with a notable 87% of Pluang order activity leaning towards selling. This trading behavior contrasts with the positive fundamentals and growth prospects highlighted in the article.