Celestica (NYSE:CLS) Releases Q3 2026 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 2.880-3.080 for the period, compared to the consensus EPS estimate of 2.650. The company issued revenue guidance of $5.3 billion-$5.6 billion, compared to the consensus revenue estimate of $5.0 billion. Celestica also updated its FY 2026 guidance to 11.300-11.300 EPS.

Analyst Upgrades and Downgrades

CLS has been the subject of several research reports. The Goldman Sachs Group restated a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. Rothschild & Co Redburn started coverage on Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 target price on the stock. Stifel Nicolaus set a $445.00 price target on Celestica in a research report on Tuesday, April 28th. Royal Bank Of Canada boosted their price target on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. upped their price objective on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Celestica has an average rating of “Buy” and a consensus price target of $427.42.

Celestica Trading Up 5.2%

Shares of NYSE CLS traded up $15.78 during midday trading on Monday, reaching $321.06. 4,663,000 shares of the stock were exchanged, compared to its average volume of 2,339,658. The stock has a 50 day moving average price of $362.06 and a 200-day moving average price of $332.50. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $36.91 billion, a P/E ratio of 38.82, a P/E/G ratio of 0.71 and a beta of 2.05. Celestica has a 52-week low of $169.19 and a 52-week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, July 27th. The technology company reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.12. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Equities research analysts expect that Celestica will post 9.57 earnings per share for the current fiscal year.

Insider Buying and Selling at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the transaction, the director owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This represents a 14.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the sale, the chief financial officer owned 82,444 shares in the company, valued at $32,948,744.60. This trade represents a 17.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 earnings beat expectations: Celestica reported adjusted earnings of $2.41 per share, exceeding the analyst consensus of $2.29. Management said second-quarter revenue and adjusted EPS were above the high end of its previously issued guidance ranges. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Upbeat third-quarter outlook: Celestica forecast third-quarter 2026 EPS of $2.88 to $3.08, above the $2.65 consensus estimate. Revenue is expected to reach $5.3 billion to $5.6 billion, compared with analysts’ $5.0 billion forecast.
• Positive Sentiment: 2026 guidance raised: Full-year EPS guidance was set at $11.30, well above the $10.13 consensus estimate, while revenue guidance of $20.5 billion also exceeded the $19.2 billion analyst forecast. The higher outlook reinforces expectations for accelerating growth into 2027.
• Positive Sentiment: Elevated call-option activity: Investors purchased 13,556 call options, 16% above the average daily volume. Although options activity is not a fundamental result, the increase indicates heightened bullish interest and expectations for further share-price volatility.
• Neutral Sentiment: Investor attention was already elevated: Celestica was highlighted among stocks to watch ahead of its earnings report, while the broader earnings calendar was viewed as an important test for markets. These items provide context but do not materially change the company’s fundamentals.

Institutional Trading of Celestica

A number of hedge funds have recently added to or reduced their stakes in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Celestica in the 4th quarter valued at about $28,000. Swiss RE Ltd. purchased a new position in shares of Celestica during the 4th quarter worth about $29,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Celestica by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after acquiring an additional 74 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of Celestica by 1,015.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 145 shares of the technology company’s stock worth $43,000 after acquiring an additional 132 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Celestica by 1,015.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 145 shares of the technology company’s stock worth $43,000 after acquiring an additional 132 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Celestica Company Profile

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.