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 guidance of 1.950-2.150 for the period, compared to the consensus earnings per share 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.

Celestica Trading Up 3.8%

Shares of CLS traded up $12.50 during mid-day trading on Wednesday, hitting $345.67. The company had a trading volume of 5,073,723 shares, compared to its average volume of 2,782,897. Celestica has a 1-year low of $58.05 and a 1-year high of $363.40. The business’s 50-day simple moving average is $310.09 and its 200-day simple moving average is $264.95. The stock has a market cap of $39.77 billion, a PE ratio of 56.12 and a beta of 1.87. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.07. Celestica had a net margin of 6.35% and a return on equity of 30.53%. Celestica has set its FY 2026 guidance at 8.750-8.750 EPS and its Q1 2026 guidance at 1.950-2.150 EPS. Sell-side analysts forecast that Celestica will post 4.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. TD Cowen reiterated a “hold” rating and set a $238.00 price objective on shares of Celestica in a research note on Friday, October 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 target price on shares of Celestica in a research note on Thursday, January 22nd. UBS Group boosted their price target on Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Aletheia Capital increased their price objective on shares of Celestica from $330.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, New Street Research set a $400.00 target price on shares of Celestica in a research report on Wednesday, October 29th. One research 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $344.24.

Insider Transactions at Celestica

In other news, Director Laurette T. Koellner acquired 6,000 shares of Celestica stock in a transaction that occurred on Thursday, October 30th. The shares were purchased at an average cost of $341.67 per share, for a total transaction of $2,050,020.00. Following the completion of the purchase, the director directly owned 6,000 shares of the company’s stock, valued at $2,050,020. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.52% of the stock is owned by company insiders.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q4 results beat and guidance raise — Celestica reported Q4 EPS of $1.80 vs. consensus $1.73, and said Q4 revenue and adjusted EPS came in above the high end of guidance; management raised the 2026 annual outlook, which supports higher forward earnings expectations. Celestica Announces Fourth Quarter and FY 2025 Financial Results View Press Release (PDF)
• Positive Sentiment: Analyst initiation — Bank of America initiated coverage with a “buy” and $400 price target, signaling institutional conviction in growth and giving the stock additional buy-side support. BayStreet.CA
• Neutral Sentiment: Bullish commentary — Independent bullish write-ups (e.g., OppCost summarized on InsiderMonkey) outline long-term upside drivers — supply-chain services exposure, margin expansion and capital allocation — useful for investors doing deeper due diligence but are opinion-driven. Celestica Inc. (CLS): A Bull Case Theory
• Neutral Sentiment: Pre-earnings coverage and previews — several outlets ran previews and watchlists ahead of the release; these contextual pieces set expectations but did not move fundamentals. Celestica Q4 earnings on deck: What to expect 10 Earnings Reports That Might Fly Under the Radar Next Week
• Negative Sentiment: Investor litigation inquiry — Pomerantz LLP announced an investigation into Celestica on behalf of investors, introducing legal and reputational risk that could pressure the stock if it develops into a lawsuit or uncovers material issues. Monitor filings and company disclosures. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Celestica Inc. – CLS

Hedge Funds Weigh In On Celestica

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Viking Global Investors LP bought a new stake in Celestica during the third quarter worth approximately $424,459,000. Raymond James Financial Inc. grew its holdings in Celestica by 35.8% during the second quarter. Raymond James Financial Inc. now owns 522,872 shares of the technology company’s stock worth $81,626,000 after acquiring an additional 137,880 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Celestica by 66.3% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 449,128 shares of the technology company’s stock valued at $110,497,000 after acquiring an additional 178,983 shares during the last quarter. Marshall Wace LLP grew 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 worth $68,722,000 after purchasing an additional 258,251 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in Celestica by 5,412.4% during the third quarter. Balyasny Asset Management L.P. now owns 149,276 shares of the technology company’s stock valued at $36,779,000 after purchasing an additional 146,568 shares during the last quarter. 67.38% of the stock is currently 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.