Celestica (NYSE:CLS) Shares Down 15.8% – Should You Sell?

Shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) fell 15.8% on Thursday . The company traded as low as $292.00 and last traded at $290.7670. 3,888,835 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 2,793,475 shares. The stock had previously closed at $345.23.

Celestica News Summary

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

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Celestica from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a $400.00 price objective on shares of Celestica in a research note on Thursday, January 22nd. The Goldman Sachs Group lifted their price objective on Celestica from $340.00 to $440.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Finally, Aletheia Capital boosted their price target on Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Fifteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Celestica currently has an average rating of “Moderate Buy” and an average price target of $345.41.

Celestica Stock Performance

The firm has a market cap of $32.34 billion, a PE ratio of 39.15 and a beta of 1.87. The stock has a 50-day moving average price of $311.11 and a 200 day moving average price of $266.57. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.47 and a quick ratio of 0.88.

Institutional Investors Weigh In On Celestica

A number of institutional investors have recently bought and sold shares of the stock. Golden State Wealth Management LLC boosted its holdings in shares of Celestica by 102.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock worth $31,000 after buying an additional 37 shares during the last quarter. First Horizon Corp purchased a new position in shares of Celestica in the 3rd quarter worth $31,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Celestica in the fourth quarter valued at $38,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Celestica during the second quarter valued at about $40,000. 67.38% of the stock is currently owned by hedge funds and other institutional 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.