Summer 2026
Posted on 8/7/2026
Global contract manufacturer offering design engineering
No salary listed
No H1B Sponsorship
Orangeburg, SC, USA
In Person
Must work in person for 40 hours per week during the semester.
Bachelor's
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Flex is a global manufacturing partner that designs, engineers, manufactures, and manages the supply chain for products across diverse industries. Its offering starts with product design and engineering, followed by manufacturing and testing, and extends to sourcing, logistics, and end-to-end delivery of finished goods. Unlike many players that focus on a single niche, Flex provides end-to-end, globally integrated services across multiple industries, leveraging a large worldwide network and scalable operations. The company’s goal is to help customers bring products to market quickly and efficiently by handling development, manufacturing, and supply chain management at scale.
Company Size
10,001+
Company Stage
IPO
Headquarters
Singapore, Singapore
Founded
1969
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Company Equity
Unlimited Paid Time Off
Paid Holidays
Parental Leave
Profit Sharing
Flex reported second-quarter revenue of $7.93 billion, up 20.6% year on year and beating analyst estimates by 5.4%. The manufacturing solutions provider also issued stronger-than-expected guidance for the next quarter at $8.1 billion, 3% above consensus. CEO Revathi Advaithi attributed the performance to strong demand in cloud and power infrastructure, driven by customers accelerating investments in AI-related data centre solutions. The company highlighted its integration capabilities in power, thermal management, and compute technologies as key competitive advantages. Despite beating expectations, the market reacted negatively to the results. Flex continues preparing for the upcoming spin-off of its cloud and power business, which management said would sharpen strategic focus. The company expects continued robust demand for AI-driven infrastructure and investments in advanced networking and industrial automation going forward.
Flex (NASDAQ: FLEX) Stock Outlook: Raymond James Raises Price Target on Strong Q1 earnings. Jul 29, 2026 Market News FMPFlex (NASDAQ: FLEX) Stock Outlook: Raymond James Raises Price Target on Strong Q... * Raymond James has reiterated an "Outperform" rating for Flex, raising its price target to $170.00 from $150.00, reflecting confidence in the company's financial trajectory. * Flex reported robust fiscal Q1 2027 results, with revenues of $7.93 billion and adjusted earnings of $1.00 per share, significantly beating consensus estimates. * The company plans a strategic spin-off of its Cloud and Power Infrastructure business, "SpinCo," to capitalize on opportunities within the artificial intelligence (AI) market. Analyst firm Raymond James maintains an "Outperform" rating for Flex (NASDAQ: FLEX), a global manufacturing and supply chain solutions provider. The firm's new price target for the stock is $170.00, an increase from its previous target of $150.00. This update comes as Flex stock trades at $103.02. The company offers design, engineering, and manufacturing services to various industries. The positive rating reflects Flex's strong financial results. Flex reports fiscal first-quarter 2027 revenues of $7.93 billion, a 20.6% increase from the prior year. Adjusted earnings are $1.00 per share, marking a 38.9% year-over-year rise and beating consensus estimates by 7.5%, as highlighted by Zacks. This performance is supported by broad-based growth, particularly a 35% revenue increase in its Cloud and Power Infrastructure segment. Following these robust results, Flex raises its own revenue and earnings guidance for fiscal 2027. This move signals the company's confidence in its continued financial strength. A key part of Flex's strategy is the planned spin-off of its Cloud and Power Infrastructure business. As highlighted by PR Newswire, this new independent company, "SpinCo," will focus on opportunities in the artificial intelligence (AI) market. This strategic split aims to create two more focused and agile businesses. Flex also reports a healthy adjusted operating margin of 6.7% for the quarter. This key metric shows how much profit the company makes from its core business operations. Over the past year, Flex stock has gained 121.8%, significantly outperforming its industry's average growth of 58.4%. Market news and analyst rating coverage Alex Lavoie covers market-moving news and analyst activity for the FMP blog, summarizing price-target changes, upgrades and downgrades, earnings results, and company developments. The focus is on turning timely market events into concise, data-backed updates that help readers stay current on the companies they follow. Financial data for every need. Real-time quotes and 30+ years of historical data, including prices, fundamentals, and insider transactions - all accessible via API. Stock Screener 2017-2026 (C) FMP
Flex has expanded its manufacturing partnership with Cerebras to scale production of the CS-3 AI accelerator system at its Milpitas, California facilities. The stock has declined 12% over the past seven days and 17% over 30 days, though it remains up 46% over 90 days and 125% over one year. Flex is currently trading at $119.25, significantly below analyst fair value estimates of $160.40, suggesting potential 26% upside. The company benefits from surging demand for AI and data centre infrastructure, with its data centre segment forecast to grow 35% annually. However, Flex faces concentration risk from a small client base and operates on thin margins. The company trades at a price-to-earnings ratio of 49.6x, above both peer and industry averages.
Flex Ltd. was removed from the Russell 2500 Index and Russell 2500 Value Benchmark in late June 2026, amid sector volatility and preparations for spinning off its Cloud and Power Infrastructure segment by early 2027. The index exclusion and planned separation of Flex's AI-focused infrastructure business could significantly influence investor perception of the company's position in electronics manufacturing services. The spin-off represents the most material near-term catalyst, though execution risks remain around separating contracts, capital structures and profit pools between the two entities. Flex's investment narrative projects $49.7 billion revenue and $3.3 billion earnings by 2029, requiring 21.2% annual revenue growth. Key risks include thin margins, customer concentration and the possibility that large data centre customers could insource critical power and cooling work over time.
Flex Ltd. has introduced three new power solutions at COMPUTEX 2026 designed for AI data centre infrastructure. The offerings include a 110 kW power shelf for the NVIDIA Vera Rubin NVL72 platform, a 30 kW Capacitive Energy Storage System and the BMR317 intermediate bus converter. The solutions position Flex as a comprehensive power infrastructure partner, covering the full power delivery chain from rack-level distribution to chip-level conversion. Separately, Flex's subsidiary JetCool launched a liquid-cooled version of the Dell PowerEdge XE7745 server on 25 June, featuring direct-to-chip cooling and supporting dual AMD EPYC processors and nearly eight NVIDIA RTX PRO 6000 Blackwell GPUs. Flex shares have risen over 142% year-to-date, though they've dropped 2.50% since joining the S&P 500 index last week.