Flex Raises FY2027 Forecasts as AI Infrastructure Demand Surges

Key Facts

1Flex's Cloud and Power Infrastructure (CPI) segment revenue surged 38% to $6.6B in FY2026.

2Adjusted EPS jumped 39% in Q1 FY2027, prompting the company to raise its full-year 2027 forecasts.

Amid the rapid expansion of AI infrastructure, Flex Ltd. has reported strong financial results driven by surging demand for its power and cloud solutions. According to reports, the company's Cloud and Power Infrastructure (CPI) segment saw revenue jump 38% to $6.6 billion in fiscal year 2026. This structural shift toward high-growth segments has created significant operating leverage, directly impacting recent quarterly performance.

In the first quarter of fiscal year 2027, adjusted EPS surged by 39% alongside a 21% rise in revenue, prompting the company to raise its full-year financial guidance. This outperformance reflects the company's successful positioning within the data center ecosystem, where the CPI segment has become a primary driver of long-term value according to analyst data.

FLEX shares finished at $110.45 (close August 21, 2026), with the stock trading between a low of $108.11 and a high of $112.44 during the session per market data. Investors are now watching for the sustainability of this growth trend as AI investment continues, though the upcoming economic calendar shows no immediate direct catalysts for the instrument.

Sources:

seekingalpha.com