Celestica (NYSE:CLS) Price Target Raised to $350.00

Celestica (NYSE:CLS) (TSE:CLS) had its price objective raised by TD Cowen from $330.00 to $350.00 in a report released on Monday morning,Benzinga reports. They currently have a hold rating on the technology company’s stock.

A number of other research firms have also recently weighed in on CLS. Citigroup reduced their price target on Celestica from $375.00 to $338.00 and set a “buy” rating for the company in a report on Friday, January 30th. Bank of America began coverage on Celestica in a report on Wednesday, January 28th. They issued a “buy” rating and a $400.00 price target for the company. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Aletheia Capital upped 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. Finally, Wolfe Research raised Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Celestica currently has a consensus rating of “Moderate Buy” and an average price target of $369.68.

Celestica Stock Performance

Shares of CLS stock opened at $401.09 on Monday. The stock has a market cap of $46.11 billion, a PE ratio of 55.86, a price-to-earnings-growth ratio of 1.21 and a beta of 1.88. The business has a 50-day simple moving average of $300.57 and a 200-day simple moving average of $303.27. The company has a quick ratio of 0.88, a current ratio of 1.44 and a debt-to-equity ratio of 0.34. Celestica has a 52-week low of $81.88 and a 52-week high of $411.30.

Insider Activity

In other news, insider Yann L. Etienvre sold 86,229 shares of Celestica stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, President Jason Phillips sold 100,000 shares of Celestica stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $308.92, for a total value of $30,892,000.00. Following the completion of the sale, the president directly owned 12,584 shares in the company, valued at $3,887,449.28. This represents a 88.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 297,923 shares of company stock worth $88,027,459 over the last quarter. 0.52% of the stock is currently owned by corporate insiders.

Institutional Trading of Celestica

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Celestica by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock worth $1,423,333,000 after acquiring an additional 73,022 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after acquiring an additional 798,782 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celestica by 5,806,149.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after acquiring an additional 3,657,874 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Celestica by 471.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after acquiring an additional 2,596,318 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Celestica by 18.6% in the fourth quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock worth $673,471,000 after acquiring an additional 356,797 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Bank of America raised its Celestica price target to $430 — a bullish signal from a major bank that supports higher expectations for AI?infrastructure demand and helped lift the share price. Article Title
• Positive Sentiment: JPMorgan raised its price target (to $410) and highlighted upside from AI infrastructure spending across servers, switches, interconnects and optics — reinforcing the narrative that Celestica is a beneficiary of the AI capex cycle. Article Title
• Positive Sentiment: TD Cowen raised its price target (to $350) and other broker notes indicate broad analyst optimism — multiple upgrades have supported the rally and pushed shares to new 1?year highs. Article Title
• Positive Sentiment: Celestica and Bell (BCE) announced a collaboration to develop a Canadian sovereign AI infrastructure stack — a strategic win that underscores Celestica’s role in data?center and AI hardware supply chains. Article Title
• Positive Sentiment: Coverage noting Celestica as a top AI?infrastructure winner and upgrades from other outlets helped sustain momentum and investor interest. Article Title
• Neutral Sentiment: Pre?earnings analysis (Zacks/Yahoo) flags rising estimates and a strong earnings?surprise history, but notes some segment softness and valuation remain focal points for investors ahead of Q1 results. Article Title
• Neutral Sentiment: Momentum and growth writeups explain the technical and style characteristics attracting traders, which can amplify swings (both up and down) as headlines arrive. Article Title
• Negative Sentiment: Critical takes warn of downside risk if AI hardware standards consolidate (standardization could compress margins) and argue the stock may be overbought after the run?up — factors that can trigger selling. Article Title
• Negative Sentiment: Some analysts and commentators advise caution or to “dump” shares, citing valuation and the potential for a pullback after rapid gains — contributing to short?term downside pressure. Article Title

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.