Celestica, Inc. (NYSE:CLS) Stock Has Consensus Target Price of $448.30 According to Analysts

Shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) have been assigned a consensus rating of “Moderate Buy” from the twenty-four ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $453.32.

CLS has been the subject of a number of research analyst reports. Royal Bank Of Canada set a $450.00 price target on shares of Celestica and gave the company an “outperform” rating in a report on Wednesday, August 26th. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. The Goldman Sachs Group reaffirmed a “conviction-buy” rating and issued a $435.00 price objective on shares of Celestica in a research note on Wednesday. Bank of America reiterated a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Finally, Weiss Ratings lowered shares of Celestica from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday.

Celestica Trading Down 6.3%

Celestica stock opened at $264.80 on Friday. The firm has a 50 day simple moving average of $324.62 and a 200-day simple moving average of $331.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.61 and a quick ratio of 0.68. The stock has a market capitalization of $33.39 billion, a PE ratio of 30.34, a price-to-earnings-growth ratio of 0.72 and a beta of 2.01. Celestica has a 12-month low of $244.51 and a 12-month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, October 26th. The technology company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.28. Celestica had a return on equity of 33.80% and a net margin of 6.83%. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.39 billion. As a group, equities research analysts expect that Celestica will post 11.55 EPS for the current fiscal year.

Insider Activity

In other news, CEO Robert Mionis sold 23,396 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total transaction of $8,521,291.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Mandeep Chawla sold 16,117 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer directly owned 65,444 shares of the company’s stock, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 232,641 shares of company stock worth $85,370,372. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Celestica

A number of hedge funds and other institutional investors have recently modified their holdings of CLS. Cibc World Market Inc. acquired a new stake in shares of Celestica during the second quarter worth approximately $757,811,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Celestica in the 2nd quarter valued at approximately $674,199,000. Royal Bank of Canada increased its stake in Celestica by 13.8% in the 1st quarter. Royal Bank of Canada now owns 1,283,561 shares of the technology company’s stock valued at $361,553,000 after buying an additional 156,040 shares during the period. Bank of America Corp DE purchased a new stake in Celestica in the 2nd quarter worth approximately $444,899,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Celestica in the 2nd quarter worth approximately $351,717,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Raised outlook and strong AI-driven growth: Celestica exceeded third-quarter expectations, increased its 2026 guidance and outlined an aggressive 2027 growth ramp targeting approximately $40 billion in revenue. Demand for data-center infrastructure and AI-related products remains the primary bullish catalyst. CLS Raises 2026 Outlook as AI Demand Powers an Aggressive 2027 Ramp
• Positive Sentiment: Share repurchase authorization: The TSX accepted Celestica’s normal-course issuer bid, allowing the company to repurchase shares beginning November 3, 2026, through November 2, 2027, or until the program is completed. Buybacks could support per-share earnings and signal management’s confidence in long-term value. Celestica Announces TSX Acceptance of Normal Course Issuer Bid
• Positive Sentiment: Analyst support: Canaccord Genuity raised its price target to $480 and maintained a “buy” rating. Other coverage also remains bullish on Celestica’s AI exposure and earnings growth. Canaccord Genuity Group recommendations
• Neutral Sentiment: Unusually high options activity and post-earnings price volatility indicate heightened investor interest, but do not establish a clear directional signal. Celestica Sees Unusually Large Options Volume
• Negative Sentiment: Execution and valuation concerns: Investors are questioning whether rising capital expenditures, cash-flow pressure, customer concentration and a premium valuation adequately reflect the company’s expected AI growth. These concerns have outweighed the earnings beat in recent trading. CLS Falls 14.4% in a Week as AI Growth Meets Rising Execution Risks

Celestica Company Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.