Celestica (NYSE:CLS) Shares Gap Down – What’s Next?

Posted by Brenda Bartman on Jun 6th, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $458.14, but opened at $419.70. Celestica shares last traded at $405.0460, with a volume of 857,840 shares.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Rothschild & Co Redburn assumed coverage on Celestica in a research note on Friday, May 1st. They set a “buy” rating and a $460.00 price objective for the company. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Royal Bank Of Canada boosted their price objective on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Bank of America boosted their price objective on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $427.42.

Get Our Latest Analysis on Celestica

Celestica Stock Down 12.6%

The stock has a market capitalization of $42.73 billion, a price-to-earnings ratio of 44.94, a PEG ratio of 0.99 and a beta of 2.02. The business has a fifty day moving average of $364.82 and a 200 day moving average of $321.75. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last released 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 return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the firm posted $1.20 earnings per share. The firm’s quarterly 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. As a group, equities analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica in the fourth quarter valued at approximately $28,000. Swiss RE Ltd. acquired a new position in Celestica in the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica in the fourth quarter valued at approximately $30,000. Sittner & Nelson LLC purchased a new stake in Celestica in the fourth quarter valued at approximately $31,000. Finally, Ascentis Independent Advisors purchased a new stake in Celestica in the first quarter valued at approximately $29,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

About Celestica

(Get Free Report)

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.