Earnings$FLEX10:11 AM ET

Flex lifts fiscal-year guidance on strong earnings, AI spinoff Axiom in focus

By BORSA NewsroomPublished Oct 28, 2026, 10:11 AM EDTUpdated Oct 28, 2026, 10:13 AM EDT

Flex posted adjusted EPS of $1.18 in its fiscal Q2, beating the $1.06 consensus, with net sales up 25% to $8.49 billion. The company raised its full-year guidance well above expectations, citing the EPC Power acquisition, which will be part of the planned Axiom spinoff in early 2027. Shares rose 3.7% to $86.45.

Sentimentbullish 70

Bullish · 70 of 100

Impact60

medium · sector-wide

Confidence80%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Flex fiscal Q2 adjusted EPS: $1.18, up from 79 cents a year ago, above $1.06 consensus.