--- title: "Weekly Recap | Flex +5.73%, AI power deal drives rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/298801499.md" description: "Flex (FLEX) rose 5.73% for the week to close at $115.78, against a 0.8% decline in the S&P 500 — outperforming the benchmark by about 6.53 percentage points. Trading was choppy but ended strong. Tuesday opened higher and closed at $114.31, Wednesday eased to $112.68, Thursday dipped to $107.92 intraday before finishing at $108.01, and Friday rebounded 7.17% to $115.78. Weekly amplitude was 8.81% on 11.89m shares; average daily volume of about 2." datetime: "2026-09-12T08:11:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298801499.md) - [en](https://longbridge.com/en/news/298801499.md) - [zh-HK](https://longbridge.com/zh-HK/news/298801499.md) generator: "portal-rs" --- # Weekly Recap | Flex +5.73%, AI power deal drives rebound ## The Week Flex (FLEX) rose 5.73% for the week to close at $115.78, against a 0.8% decline in the S&P 500 — outperforming the benchmark by about 6.53 percentage points. Trading was choppy but ended strong. Tuesday opened higher and closed at $114.31, Wednesday eased to $112.68, Thursday dipped to $107.92 intraday before finishing at $108.01, and Friday rebounded 7.17% to $115.78. Weekly amplitude was 8.81% on 11.89m shares; average daily volume of about 2.97m shares came in roughly 16% below the 60-day median, so the rally was not backed by heavy turnover. ## Key Events Two themes shaped the week. Early on, NEOS Investment Management LLC disclosed a new stake in Flex, a single fund’s positioning move rather than a company event. Later on Friday and into Saturday, attention turned to a $4.4 billion acquisition described as a bet on AI power infrastructure, alongside plans to spin off part of the business for a separate listing; market updates noted Flex rising 8.17% that day. A separate recap flagged the 8.68% move on Sep 11 without adding new company-level detail. The core story was the AI power infrastructure acquisition and spinoff expectations, while the fund purchase was more background noise. ## Analyst Ratings Coverage totals 11 institutions: 8 rate it buy and 3 rate it overweight, with no hold, underweight or sell ratings. The consensus rating is strong buy, with a consensus target of $160.5, about 38.62% above the current price of $115.78. Targets range from $142 to $180, a fairly wide spread. Flex ranks 10th out of 68 names in the electronic equipment and services industry, placing it in the top tier. ## The Week Ahead The macro calendar starts on Sep 15 with the New York Fed manufacturing index, prior 20.6 and forecast 14.75. Sep 16 brings a heavy batch of US retail data: retail sales ex-autos prior -0.3% with a 0.6% forecast, retail sales prior -0.6% with a 0.9% forecast, plus the NAHB housing market index, import prices and EIA crude inventories. Flex itself has no earnings scheduled, so the key question is whether macro data can sustain Friday’s bounce. ## In Short Flex outperformed in a week where the broad market slipped, driven mostly by Friday’s single-day surge after Thursday’s pullback — yet volume remained light. The analyst picture is uniformly positive, with a consensus target about 39% above spot, though the target range shows disagreement. On the latest session, small and medium-lot flows were net sellers and large-lot money was modestly net negative, which sits uneasily with the price move. What matters next is the pace of follow-through on the acquisition and spinoff story, plus whether next week’s retail data disturbs the macro backdrop. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [FLEX.US](https://longbridge.com/en/quote/FLEX.US.md) ## Related News & Research - [Flex Announces New Company Name for the Planned Cloud and Power Infrastructure Spin-Off and Files Form 10 Registration Statement | AXM Stock News](https://longbridge.com/en/news/299032012.md) - [Flex outlines leadership and board plans for spin-off](https://longbridge.com/en/news/299035787.md) - [Is FuelCell Energy (FCEL) A Bargain As Ratepayer Protection Act Fuels Data Center Hopes?](https://longbridge.com/en/news/299537596.md) - [Linde (LIN), What Is Drawing Fresh Attention Now?](https://longbridge.com/en/news/299537575.md) - [Affordability Pressures Might Change The Case For Investing In D.R. Horton (DHI)](https://longbridge.com/en/news/299534127.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**