Celestica (NYSE:CLS) Updates Q2 2026 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) updated its second quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 2.140-2.340 for the period, compared to the consensus EPS estimate of 2.100. The company issued revenue guidance of $4.2 billion-$4.5 billion, compared to the consensus revenue estimate of $4.1 billion. Celestica also updated its FY 2026 guidance to 10.150-10.150 EPS.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CLS. Aletheia Capital lifted their target price on shares of Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. TD raised their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday. Wolfe Research raised shares of Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. Finally, Canadian Imperial Bank of Commerce increased their target price on Celestica from $360.00 to $425.00 and gave the company an “outperformer” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.50.

Celestica Price Performance

NYSE CLS opened at $362.71 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.44 and a quick ratio of 0.88. The firm has a market capitalization of $41.70 billion, a price-to-earnings ratio of 44.54, a price-to-earnings-growth ratio of 1.26 and a beta of 1.88. The company has a 50 day simple moving average of $309.83 and a 200-day simple moving average of $307.90. Celestica has a 52-week low of $81.88 and a 52-week high of $423.25.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 37.35%. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same period in the previous year, the firm posted $1.20 earnings per share. The firm’s revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Equities research analysts predict that Celestica will post 8.5 earnings per share for the current fiscal year.

Insider Transactions at Celestica

In other Celestica news, President Todd C. Cooper sold 89,484 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $25,722,175.80. Following the transaction, the president owned 108,970 shares in the company, valued at $31,323,426.50. The trade was a 45.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Jason Phillips sold 100,000 shares of the company’s stock in a transaction dated 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 transaction, the president directly owned 12,584 shares in the company, valued at approximately $3,887,449.28. The trade was a 88.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 297,923 shares of company stock valued at $88,027,459. 1.10% of the stock is owned by insiders.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q1 results beat and management raised FY2026 outlook — Celestica reported $2.16 EPS (beat) and lifted FY2026 revenue and EPS guidance to $19.0B and $10.15, underpinning the AI/data-center growth story. Read More.
• Positive Sentiment: Commercial launch of DS6000-series 1.6TbE switches — Product now available to order for initial customers, reinforcing Celestica’s positioning in generative AI infrastructure and potential for higher-margin data-center content. Read More.
• Positive Sentiment: Strong CCS demand and margin expansion noted by analysts — Research coverage and earnings write-ups highlight 53% YoY revenue growth and expanding margins in core customer components, supporting the raised guidance. Read More.
• Neutral Sentiment: Earnings materials available — Full transcript, slide deck and press release provide details for investors to model FY2026; useful for digging into revenue mix and margin drivers. Read More.
• Neutral Sentiment: Institutional interest in AI infrastructure — Coverage notes Celestica among AI infrastructure names that smart money is accumulating, supporting longer-term flows even if near-term volatility persists. Read More.
• Negative Sentiment: Shares fell despite the beat — Several outlets report a post-earnings selloff driven by profit-taking and “not good enough” sentiment as investors expected even stronger beat or faster top-line acceleration. Read More.
• Negative Sentiment: Revenue vs. analyst estimates and momentum concerns — Revenue came in at $3.96B vs. some forecasts around $4.06B; combined with a high P/E (~46x), analysts warn growth may be largely priced in, increasing sensitivity to any slip. Read More.
• Negative Sentiment: Analyst/market commentary emphasizing profit-taking — Multiple news pieces highlight that investor expectations and post-earnings positioning (short-term trading) amplified the decline despite fundamentally positive results. Read More.

Hedge Funds Weigh In On Celestica

A number of hedge funds have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica in the fourth quarter valued at approximately $28,000. Swiss RE Ltd. bought a new position in shares of Celestica during the 4th quarter valued at $29,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Celestica by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock valued at $40,000 after purchasing an additional 74 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in shares of Celestica by 1,015.4% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 145 shares of the technology company’s stock valued at $43,000 after purchasing an additional 132 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Celestica by 1,015.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 145 shares of the technology company’s stock valued at $43,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

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.