Celestica (NYSE:CLS) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of Celestica (NYSE:CLS) (TSE:CLS) in a research report released on Wednesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $400.00 price objective on the technology company’s stock.

Other equities analysts have also issued reports about the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 price target on shares of Celestica in a research note on Thursday, January 22nd. The Goldman Sachs Group raised their target price on Celestica from $340.00 to $440.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Zacks Research cut shares of Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Citigroup raised shares of Celestica from a “neutral” rating to a “buy” rating and upped their price target for the company from $212.00 to $375.00 in a report on Monday, November 10th. Finally, TD Securities set a $305.00 price objective on shares of Celestica and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Fifteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and a consensus price target of $345.41.

Celestica Stock Performance

Shares of CLS opened at $281.09 on Wednesday. The firm has a market capitalization of $32.34 billion, a PE ratio of 39.15 and a beta of 1.87. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $311.11 and a 200 day moving average price of $266.57. Celestica has a 52-week low of $58.05 and a 52-week high of $363.40.

Institutional Trading of Celestica

Hedge funds have recently bought and sold shares of the company. Thompson Davis & CO. Inc. purchased a new stake in shares of Celestica in the 2nd quarter valued at approximately $328,000. Y Intercept Hong Kong Ltd raised its stake in Celestica by 406.3% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 52,606 shares of the technology company’s stock valued at $8,212,000 after purchasing an additional 42,215 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of Celestica in the second quarter valued at $343,000. Light Street Capital Management LLC acquired a new stake in shares of Celestica in the second quarter worth $26,422,000. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of Celestica by 2.2% during the second quarter. TD Waterhouse Canada Inc. now owns 150,422 shares of the technology company’s stock valued at $22,356,000 after buying an additional 3,221 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q4 beat and AI-led demand — Celestica reported very strong Q4 results with revenue and gross profit surging on hyperscaler/data-center demand; management lifted 2026 revenue, margin and EPS targets, underpinning a multi-quarter growth thesis. Celestica: A 2026 AI Opportunity With Growth Potential
• Positive Sentiment: Upgraded guidance — Celestica raised FY2026 revenue to ~$17B and issued higher EPS guidance for Q1 and FY2026, signaling stronger-than-expected demand visibility into AI infrastructure spend. Celestica Inc (CLS) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Analyst support — TD Securities raised its price target from $305 to $330 (hold), signaling upside versus current levels; RBC reiterated a Buy, reflecting institutional confidence in the AI/capacity cycle. Analyst Ratings (BayStreet.CA) RBC Capital Remains a Buy on Celestica
• Neutral Sentiment: Institutional coverage begins — Bank of America initiated coverage, which can increase visibility and trading but doesn’t by itself change fundamentals until a rating/target is published. Bank of America Begins Coverage on Celestica
• Negative Sentiment: CapEx acceleration spooks market — Management said it is accelerating roughly $1B of capex to support AI-driven demand; while that supports long-term revenue, the larger near-term spending plan triggered a sharp sell-off from investors focused on cash/use and execution risk. Celestica raises 2026 revenue outlook to $17B (Seeking Alpha) Celestica stock sinks over 15% as firm boosts spending plan
• Negative Sentiment: Investor litigation — A Pomerantz law firm investigation into Celestica was announced, raising short-term legal and disclosure uncertainty for shareholders. Pomerantz Investigates Claims on Behalf of Investors

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.