Flex Ltd. (NASDAQ:FLEX) is a promising stock under $100, with BofA raising its price target to $65. The company aims for a 20% CAGR for data center revenue and is exceeding expectations. Flex reported record FQ1 2026 results with $6.6 billion in revenue and a 4% YoY increase.

Flex is the sole provider of end-to-end cloud IT integration and power and cooling solutions at scale. The company offers integrated solutions like IT hardware, custom rack assembly, liquid cooling technology, and modular power pods. Their Data Center business is expected to generate $6.5 billion in revenue for FY2026.

Flex Ltd. (NASDAQ:FLEX) provides tech innovation, supply chain, and manufacturing solutions through Flex Agility Solutions/FAS and Flex Reliability Solutions/FRS segments. While FLEX shows investment potential, other AI stocks may offer greater upside with lower downside risk.

For more stock insights, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” on Insider Monkey. This article is originally published there.

Read more at Yahoo Finance: BofA Raises Flex (FLEX) PT to $65, Amid Strong Data Center Growth and Earnings