Flex (FLEX) is up about 5% in the latest session as momentum builds around improving profitability and data-center power demand. The stock’s move follows a wave of bullish commentary highlighting Flex’s earlier-than-expected achievement of a record 6.5% adjusted operating margin—seen as evidence the company’s mix shift toward higher-value programs is translating into durable earnings power. (investing.com)

A notable driver behind the bid is a recent price-target increase to $95 at Stifel, which explicitly tied the call to Flex meeting long-term margin targets ahead of schedule. With the stock already pressing new highs, incremental target hikes can act as an accelerant for systematic and momentum buyers, particularly when paired with improving margin narrative and AI/data-center infrastructure positioning. (streetinsider.com)

Flex has been leaning harder into critical-power infrastructure tied to the data-center buildout, and the company’s March 30, 2026 agreement to acquire Electrical Power Products (EP²) adds modular, integrated control buildings and power distribution capabilities. Flex said EP² is expected to generate roughly $323 million of revenue for the fiscal year ending March 31, 2026, with double-digit organic growth and mid-to-high-teens adjusted EBITDA margins—numbers that help investors model a more profitable growth mix. (investors.flex.com)

Near-term focus is whether Flex can sustain the margin trajectory and translate data-center power demand into continued guide raises as fiscal 2026 progresses. Investors will also watch integration milestones for EP² and any additional evidence that power and modular solutions are becoming a larger, more resilient profit engine within Flex’s portfolio. (investors.flex.com)