Celestica (NYSE:CLS) Issues FY 2026 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 11.300-11.300 for the period, compared to the consensus EPS estimate of 10.130. The company issued revenue guidance of $20.5 billion-$20.5 billion, compared to the consensus revenue estimate of $19.2 billion. Celestica also updated its Q3 2026 guidance to 2.880-3.080 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CLS shares. BMO Capital Markets boosted their target price on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Royal Bank Of Canada raised their price target on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. UBS Group lifted their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. Finally, TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and increased their target price for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Celestica currently has a consensus rating of “Buy” and a consensus price target of $427.42.

Celestica Stock Up 5.2%

Celestica stock opened at $321.06 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The stock has a market capitalization of $36.91 billion, a PE ratio of 38.82, a price-to-earnings-growth ratio of 0.71 and a beta of 2.05. The business has a 50 day simple moving average of $361.64 and a 200-day simple moving average of $332.61. Celestica has a 12 month low of $169.19 and a 12 month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter last year, the firm posted $1.39 EPS. The business’s revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, analysts anticipate that Celestica will post 9.57 EPS for the current fiscal year.

Insider Buying and Selling at Celestica

In other news, CEO Robert Mionis sold 66,056 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the completion of the sale, the chief executive officer owned 134,328 shares of the company’s stock, valued at $53,739,259.68. The trade was a 32.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 161,168 shares of company stock valued at $63,190,485 over the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 results exceeded expectations. Celestica reported adjusted earnings of $2.54 per share, versus the $2.29 analyst consensus, while revenue reached approximately $4.68 billion to $4.70 billion, above the roughly $4.30 billion estimate. Revenue increased 62.4% year over year, and earnings rose substantially from $1.39 per share a year earlier. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Management raised its full-year forecast. Celestica now expects 2026 adjusted EPS of approximately $11.30 and revenue of about $20.5 billion, ahead of consensus estimates of $10.13 per share and $19.2 billion in revenue. The company also said growth is expected to accelerate in 2027. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter guidance also topped expectations. The company forecast EPS of $2.88 to $3.08 and revenue of $5.3 billion to $5.6 billion, compared with analyst estimates of $2.65 and $5.0 billion, respectively. The stronger outlook suggests continued momentum in Celestica’s core markets. Celestica Q2 Earnings and Revenue Beat Estimates; Raises 2026 Outlook
• Neutral Sentiment: Options activity increased. Traders bought 13,556 call options, 16% above the average daily call volume, indicating heightened speculative interest but not guaranteeing continued gains.

Institutional Investors Weigh In On Celestica

Several institutional investors have recently bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. acquired a new stake in shares of Celestica in the fourth quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celestica by 117.5% in the fourth 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 last quarter. Wilmington Savings Fund Society FSB boosted its stake 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 increased its position in shares of Celestica by 1,015.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 145 shares of the technology company’s stock worth $43,000 after purchasing an additional 132 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

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.