Celestica (TSE:CLS) Announces Earnings Results

Celestica (TSE:CLS) (NYSE:CLS) issued its earnings results on Monday. The company reported C$4.70 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$8.30 billion for the quarter. Celestica had a net margin of 7.16% and a return on equity of 50.64%.

Celestica Trading Up 11.9%

TSE CLS opened at C$388.33 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.23 and a debt-to-equity ratio of 32.68. The stock’s 50-day simple moving average is C$457.68 and its two-hundred day simple moving average is C$460.75. Celestica has a twelve month low of C$330.79 and a twelve month high of C$655.50. The company has a market capitalization of C$48.97 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 0.14 and a beta of 1.36.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q3 results exceeded guidance: Revenue rose 83% year over year to approximately $5.83 billion, while adjusted EPS increased 109% to $3.30. Adjusted operating margins reached 8.5%, with both revenue and adjusted EPS above the high end of management’s prior outlook. Celestica Announces Third Quarter 2026 Financial Results
• Positive Sentiment: 2026 guidance was raised: Celestica now expects roughly $21 billion in revenue and $11.55 in adjusted EPS for 2026, ahead of the approximately $20.62 billion revenue estimate cited by FactSet. Celestica Raises 2026 Revenue Outlook
• Positive Sentiment: Longer-term growth expectations improved: Management pointed to accelerating growth through 2027, supported by demand for cloud infrastructure and AI systems, and set a long-term revenue target of approximately $40 billion for 2027. Celestica Lifts Outlook on AI Infrastructure Demand
• Positive Sentiment: Potential customer catalysts: BNP Paribas identified additional catalysts ahead, including potential benefits from Google-related demand, reinforcing the market’s view that Celestica is benefiting from an AI infrastructure spending cycle. Celestica Q3 Results and Potential Google Catalysts
• Neutral Sentiment: The company is scheduled to hold a 2026 investor and analyst day, which could provide further details on its growth plans, margins and AI-related demand.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group raised Celestica from a “hold” rating to a “buy” rating and set a C$430.00 price target for the company in a report on Monday, August 24th. Scotiabank raised shares of Celestica to a “strong-buy” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein raised shares of Celestica to a “strong-buy” rating in a report on Wednesday, September 30th. Finally, FBN Securities upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, September 15th. Seven research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Strong Buy” and an average target price of C$388.33.

About Celestica

Celestica is a technology leader dedicated to driving customer success and market advancements. With deep expertise in design, engineering, manufacturing, supply chain, and platform solutions, Celestica enables critical data center infrastructure for AI, cloud and hybrid cloud, and advances technologies in high-growth markets. With a talented team and a strategic global network, Celestica helps its customers achieve competitive advantages.