Celestica (NYSE:CLS) Price Target Raised to $450.00

Celestica (NYSE:CLS) (TSE:CLS) had its price objective boosted by Royal Bank Of Canada from $440.00 to $450.00 in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the technology company’s stock.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. boosted their price target on Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday. Canadian Imperial Bank of Commerce raised their price objective on Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus set a $500.00 price objective on Celestica in a report on Tuesday. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Wednesday, April 29th. Finally, Weiss Ratings cut Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and an average price target of $437.00.

Celestica Price Performance

CLS stock opened at $330.83 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 0.73 and a debt-to-equity ratio of 0.32. Celestica has a 12-month low of $173.23 and a 12-month high of $474.02. The company has a market cap of $38.04 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 0.78 and a beta of 2.05. The stock has a 50-day moving average price of $360.70 and a two-hundred day moving average price of $333.53.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same period last year, the company posted $1.39 earnings per share. The firm’s revenue was up 62.4% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, research analysts predict that Celestica will post 9.97 EPS for the current year.

Insider Buying and Selling at Celestica

In other news, CEO Robert Mionis sold 18,176 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92. Following the completion of the sale, the chief executive officer directly owned 60,384 shares in the company, valued at approximately $23,258,105.28. The trade was a 23.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the sale, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 161,168 shares of company stock worth $63,190,485 over the last quarter. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica during the fourth quarter worth about $28,000. Swiss RE Ltd. acquired a new position in Celestica in the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica in the fourth quarter valued at approximately $30,000. Sittner & Nelson LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $31,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of Celestica during the 1st quarter worth approximately $29,000. 67.38% of the stock is currently owned by institutional investors.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Strong Q2 results and higher guidance: Celestica reportedly exceeded revenue and adjusted EPS expectations again, while raising its full-year outlook for the third time in six months. Revenue increased sharply year over year, reinforcing confidence in execution and AI infrastructure demand. Celestica Q2 2026: Beat, Raise, Accelerate, And Still 31% Off The High
• Positive Sentiment: AI-driven growth pipeline: Enterprise revenue growth was especially strong, and management expects further acceleration in 2027. New multibillion-dollar programs tied to OpenAI’s custom accelerator and AMD’s Helios switch could support longer-term revenue and earnings growth. CLS Shows How AI Networking is Reshaping Electronics Manufacturing
• Positive Sentiment: Analyst support remains favorable: The average analyst price target implies approximately 31% upside. More importantly, the article notes broad upward earnings-estimate revisions, which are generally a stronger signal than price-target averages alone. Wall Street Analysts See a 30.96% Upside in Celestica
• Neutral Sentiment: Investor attention is elevated: CLS is attracting substantial retail and market interest following its earnings performance, increasing visibility but potentially also contributing to short-term volatility. Celestica Is Attracting Investor Attention
• Negative Sentiment: Valuation and sector risk are weighing on the stock: After a major AI-related rally, investors may be locking in gains and questioning whether continued earnings growth justifies CLS’s elevated valuation. The broader AI hardware group is also experiencing a pullback or “pause,” which can pressure even companies reporting strong results. Celestica Q2: Showing Strength Amid The AI Pause

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.