Celestica (NYSE:CLS) Trading Up 2.1% – Should You Buy?

Celestica, Inc. (NYSE:CLS) (TSE:CLS) was up 2.1% during trading on Friday . The stock traded as high as $426.55 and last traded at $418.2940. Approximately 2,316,716 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 2,526,318 shares. The stock had previously closed at $409.59.

Key Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded Celestica to a Zacks Rank #1 (Strong Buy), boosting near‑term buying interest by highlighting stronger earnings prospects. All You Need to Know About Celestica (CLS) Rating Upgrade to Strong Buy
• Positive Sentiment: Analysts collectively raised Celestica’s revenue forecasts (reported as a ~10% lift), which supports higher valuation targets and signals improving outlook for end‑market demand. Industry Analysts Just Upgraded Celestica Inc. (TSE:CLS) Revenue Forecasts By 10%
• Positive Sentiment: Major banks raised price targets and reiterated buy/outperform calls: Goldman Sachs lifted its PT from $430 to $475 after an earnings beat; CIBC increased its PT to US$480 and kept an Outperformer rating; JPMorgan also raised its target to $425 and kept an overweight stance. These upgrades underpin investor confidence and act as near‑term buying catalysts. Goldman Sachs is Bullish on Celestica Inc. (CLS) CIBC Raises Celestica’s Price Target to US$480 From US$425 Celestica (NYSE:CLS) Given New $425.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: Company fundamentals: Celestica reported a Q1 EPS beat (reported EPS topped estimates) and raised FY guidance, which supports forward earnings multiple expansion. Analysts are citing improving revenue growth and margin dynamics. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Technical indicator: CLS recently crossed above its 20‑day moving average, a short‑term bullish technical signal that can attract momentum traders. Celestica (CLS) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Negative Sentiment: Market reaction volatility: Despite strong Q1 EPS, shares previously plunged intraday (~14% reported) after investors focused on a revenue miss in the Enterprise segment and component‑shortage noise—this shows profit‑taking and sensitivity to execution risks. Celestica Stock Falls 14% Despite Posting Strong Q1 Results

Analyst Ratings Changes

Several brokerages have weighed in on CLS. JPMorgan Chase & Co. increased their price target on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday. Citigroup upped their price objective on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday. UBS Group increased their target price on shares of Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Wednesday. Stifel Nicolaus set a $445.00 target price on Celestica in a research note on Tuesday. Finally, Barclays boosted their price target on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Celestica presently has an average rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Trading Up 2.1%

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.26. The firm has a market capitalization of $48.09 billion, a PE ratio of 50.58, a P/E/G ratio of 1.20 and a beta of 2.09. The stock’s 50-day simple moving average is $313.88 and its 200-day simple moving average is $309.42.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period last year, the company posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, sell-side analysts expect that Celestica, Inc. will post 9.15 EPS for the current fiscal year.

Insiders Place Their Bets

In other Celestica news, insider Yann L. Etienvre sold 1,145 shares of Celestica stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $283.51, for a total transaction of $324,618.95. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Jason Phillips sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $308.92, for a total value of $30,892,000.00. Following the transaction, the president owned 12,584 shares in the company, valued at $3,887,449.28. This trade represents a 88.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 297,923 shares of company stock worth $88,027,459 over the last three months. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Celestica

A number of institutional investors have recently added to or reduced their stakes in the company. Anchor Investment Management LLC boosted its holdings in shares of Celestica by 9.3% during the 1st quarter. Anchor Investment Management LLC now owns 1,175 shares of the technology company’s stock valued at $331,000 after buying an additional 100 shares in the last quarter. Diversify Wealth Management LLC bought a new position in shares of Celestica in the 1st quarter worth about $4,027,000. Valmark Advisers Inc. increased its stake in shares of Celestica by 79.5% in the 1st quarter. Valmark Advisers Inc. now owns 2,267 shares of the technology company’s stock worth $639,000 after acquiring an additional 1,004 shares in the last quarter. Fifth Third Bancorp lifted its position in Celestica by 59.5% during the 1st quarter. Fifth Third Bancorp now owns 311 shares of the technology company’s stock valued at $88,000 after acquiring an additional 116 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in Celestica by 2.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,323 shares of the technology company’s stock valued at $1,218,000 after acquiring an additional 122 shares during the period. Institutional investors own 67.38% of the company’s stock.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.