Celestica (NYSE:CLS) Updates Q1 2026 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.950-2.150 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of $3.9 billion-$4.2 billion, compared to the consensus revenue estimate of $3.6 billion. Celestica also updated its FY 2026 guidance to 8.750-8.750 EPS.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Celestica in a report on Wednesday, January 21st. New Street Research set a $400.00 target price on shares of Celestica in a research report on Wednesday, October 29th. Stifel Nicolaus reissued a “buy” rating and set a $385.00 price target (up previously from $230.00) on shares of Celestica in a report on Wednesday, October 29th. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. lifted their price target on Celestica from $295.00 to $360.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Celestica has an average rating of “Moderate Buy” and an average price target of $346.12.

Celestica Stock Down 1.6%

CLS stock traded down $4.76 during trading on Friday, reaching $295.25. The stock had a trading volume of 674,800 shares, compared to its average volume of 2,967,485. The company has a current ratio of 1.47, a quick ratio of 0.88 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average price of $311.10 and a 200 day moving average price of $265.75. The company has a market capitalization of $33.96 billion, a P/E ratio of 41.18 and a beta of 1.87. Celestica has a 1-year low of $58.05 and a 1-year high of $363.40.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, October 27th. The technology company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.13. Celestica had a return on equity of 35.87% and a net margin of 6.72%.The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the business posted $1.04 earnings per share. Celestica’s revenue for the quarter was up 27.8% on a year-over-year basis. On average, equities analysts anticipate that Celestica will post 4.35 earnings per share for the current year.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q4 results beat and management lifted 2026 outlook — Celestica reported strong Q4 revenue (roughly $3.6B, +43% y/y) and EPS above estimates; management raised FY2026 revenue to $17.0B and increased margin/EPS guidance. Celestica Announces Fourth-Quarter and FY-2025 Financial Results
• Positive Sentiment: Upgraded guidance details — Q1 FY2026 guidance raised to $1.95–$2.15 EPS (vs. ~1.78 consensus) and revenue guidance to $3.9B–$4.2B; FY EPS guidance set at ~8.75 vs. consensus ~8.17 — signals confidence in AI/data‑center-driven demand. Earnings / Guidance Details
• Positive Sentiment: Bank of America initiates coverage with a Buy and $400 price target, which implies meaningful upside from current levels and supports the bullish thesis on AI/data-center exposure. Bank of America Begins Coverage on Celestica
• Neutral Sentiment: Analyst/commentary pieces positioning Celestica as an AI infrastructure compounder — bullish longer‑term narratives exist but are opinion‑driven and already partly priced in after guidance raise. Celestica Is Now A De-Risked AI Infrastructure Compounder
• Neutral Sentiment: Corporate housekeeping — Celestica set its 2026 Annual Meeting date (May 19, 2026); routine corporate governance item with limited immediate market impact. Annual Meeting Announcement
• Negative Sentiment: Market reaction to bigger near‑term spending — reports that Celestica accelerated ~$1B of CapEx for AI and boosted its spending plan triggered a sharp intraday selloff (shares fell double‑digits), as some investors worried about near‑term cash demands and execution risk. Celestica stock sinks over 15% as Canadian tech firm boosts spending plan
• Negative Sentiment: Investor litigation inquiry — Pomerantz LLP announced an investigation into Celestica on behalf of investors, which adds legal/ reputational risk and can pressure sentiment until resolved. Pomerantz Investigates Claims On Behalf Of Celestica Investors

Institutional Trading of Celestica

Several institutional investors have recently added to or reduced their stakes in CLS. Viking Global Investors LP bought a new position in Celestica during the 3rd quarter valued at $424,459,000. Marshall Wace LLP raised its stake in shares of Celestica by 1,249.0% in the 3rd quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock valued at $68,722,000 after purchasing an additional 258,251 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Celestica by 66.3% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 449,128 shares of the technology company’s stock worth $110,497,000 after purchasing an additional 178,983 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in Celestica by 5,412.4% in the third quarter. Balyasny Asset Management L.P. now owns 149,276 shares of the technology company’s stock worth $36,779,000 after purchasing an additional 146,568 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Celestica by 35.8% in the second quarter. Raymond James Financial Inc. now owns 522,872 shares of the technology company’s stock valued at $81,626,000 after buying an additional 137,880 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.