Zacks lifts Flexsteel stock to Strong Buy as target sits 7.9 percent below price

Published on 10/15/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 26, 2026, after the market close. Flexsteel stock costs EUR 77.25 on October 15, 2026, up 1.6 percent on Nasdaq.

Analyst view and upcoming results

Zacks raised its Flexsteel rating to Strong Buy on October 1, 2026, while the consensus target was USD 80.00.
Flexsteel is scheduled to report first-quarter 2027 results after the market close on October 26, 2026.
Flexsteel stock costs EUR 77.25 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST, up 1.57 percent on the Nasdaq.
Flexsteel had a price-to-earnings ratio of 13.95 and a market capitalization of USD 465.3 million.

FLXS, US3393821034, Illustration mit AI erstellt.

Zacks raised its rating on Flexsteel to Strong Buy on October 1, 2026, while the consensus target stood at USD 80.00, 7.91 percent below the Nasdaq price of USD 86.87. At Lang & Schwarz, Flexsteel was EUR 77.25 on October 15, 2026 at 9:15 p.m. CEST; the Nasdaq quote was up 1.57 percent from its prior session close.

Results date is October 26

Flexsteel will issue its first-quarter 2027 results after the market close on October 26, 2026, according to the company's investor release dated October 12, 2026. The company scheduled its conference call and webcast for October 27, 2026, at 8:00 a.m. Central Time, giving investors a defined near-term reporting date.

Price position stays near the yearly high

The Nasdaq quote was USD 86.87 at 3:21 p.m. ET on October 15, 2026, with a day range of USD 86.59 to USD 87.74. Its 52-week range was USD 34.00 to USD 90.65, placing the price 4.17 percent below the high. The stock's year-to-date performance was 110.05 percent, while the one-month gain was 4.71 percent.

Flexsteel's latest reported quarter ended June 30, 2026. Revenue was USD 115.365 million, operating profit was USD 16.344 million, net income attributable to common shareholders was USD 12.712 million, and diluted earnings per share were USD 2.58. MarketBeat reported that the quarter's earnings per share exceeded its USD 1.09 consensus estimate by USD 0.24, while revenue exceeded the USD 109.51 million estimate by USD 5.86 million.

Valuation and upcoming dates

Flexsteel's market capitalization was USD 465.3 million, its price-to-earnings ratio was 13.95, and its trailing dividend yield was 0.01 percent. The USD 80.00 consensus target was below the USD 86.87 Nasdaq price, a contrast that matters more than the rating label alone. The October 26 results date is the next scheduled company event.

Comparison with peers

FLXS: plus 1.57 percent, P/E 13.95, market capitalization USD 465.3 million

La-Z-Boy (NYSE, USD): plus 2.83 percent, P/E 15.48, market capitalization USD 1.2 billion

Hooker Furnishings (Nasdaq, USD): plus 1.47 percent, P/E minus 7.56, market capitalization USD 136.7 million

What the figures mean

Flexsteel combines a strong year-to-date share performance with a scheduled earnings test and a consensus target below the latest Nasdaq price. The June quarter also showed operating profit of USD 16.344 million on USD 115.365 million of revenue, an operating margin of 14.17 percent.

Flexsteel stock was trading at EUR 77.25 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST, up 1.57 percent on the Nasdaq from its prior session close.

The further course of trading is shown by the continuously updated real-time quote of Flexsteel stock.