Celestica (NYSE:CLS) Issues Q3 2026 Earnings Guidance

Posted by Brenda Bartman on Jul 28th, 2026

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.880-3.080 for the period, compared to the consensus EPS estimate of 2.650. The company issued revenue guidance of $5.3 billion-$5.6 billion, compared to the consensus revenue estimate of $5.0 billion. Celestica also updated its FY 2026 guidance to 11.300-11.300 EPS.

Celestica Stock Up 5.2%

CLS opened at $321.06 on Tuesday. The business’s fifty day moving average is $361.64 and its two-hundred day moving average is $332.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The company has a market cap of $36.91 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 0.71 and a beta of 2.05. Celestica has a one year low of $169.19 and a one year high of $474.02.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter last year, the business posted $1.39 earnings per share. The business’s revenue for the quarter was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Analysts anticipate that Celestica will post 9.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and lifted their target price for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. Rothschild & Co Redburn initiated coverage on shares of Celestica in a research report on Friday, May 1st. They issued a “buy” rating and a $460.00 price target on the stock. Weiss Ratings lowered shares of Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Barclays lifted their price objective on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 target price on shares of Celestica in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $427.42.

Check Out Our Latest Stock Report on CLS

Insider Activity at Celestica

In related news, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Max Wilson sold 4,168 shares of the firm’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 transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 161,168 shares of company stock valued at $63,190,485. Company insiders own 1.10% of the company’s stock.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

Positive Sentiment: Q2 results exceeded expectations. Celestica reported adjusted earnings of $2.54 per share, versus the $2.29 analyst consensus, while revenue reached approximately $4.68 billion to $4.70 billion, above the roughly $4.30 billion estimate. Revenue increased 62.4% year over year, and earnings rose substantially from $1.39 per share a year earlier. Celestica Announces Second Quarter 2026 Financial Results
Positive Sentiment: Management raised its full-year forecast. Celestica now expects 2026 adjusted EPS of approximately $11.30 and revenue of about $20.5 billion, ahead of consensus estimates of $10.13 per share and $19.2 billion in revenue. The company also said growth is expected to accelerate in 2027. Celestica Announces Second Quarter 2026 Financial Results
Positive Sentiment: Third-quarter guidance also topped expectations. The company forecast EPS of $2.88 to $3.08 and revenue of $5.3 billion to $5.6 billion, compared with analyst estimates of $2.65 and $5.0 billion, respectively. The stronger outlook suggests continued momentum in Celestica’s core markets. Celestica Q2 Earnings and Revenue Beat Estimates; Raises 2026 Outlook
Neutral Sentiment: Options activity increased. Traders bought 13,556 call options, 16% above the average daily call volume, indicating heightened speculative interest but not guaranteeing continued gains.

Institutional Investors Weigh In On Celestica

Several hedge funds have recently made changes to their positions in the business. Insigneo Advisory Services LLC increased its stake in Celestica by 5.2% in the fourth quarter. Insigneo Advisory Services LLC now owns 947 shares of the technology company’s stock valued at $280,000 after purchasing an additional 47 shares during the last quarter. Lido Advisors LLC boosted its stake in Celestica by 4.5% in the 4th quarter. Lido Advisors LLC now owns 1,243 shares of the technology company’s stock worth $367,000 after buying an additional 53 shares during the last quarter. Prosperity Wealth Management Inc. boosted its stake in Celestica by 1.8% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 3,411 shares of the technology company’s stock worth $840,000 after buying an additional 61 shares during the last quarter. Mindset Wealth Management LLC grew its holdings in Celestica by 2.8% in the 4th quarter. Mindset Wealth Management LLC now owns 2,407 shares of the technology company’s stock valued at $712,000 after buying an additional 66 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Celestica by 117.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock valued at $40,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Company Profile

(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.