JPMorgan Chase & Co. Issues Positive Forecast for Celestica (NYSE:CLS) Stock Price

Posted by Stanley Muller on Jul 29th, 2026

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) had its price target upped by analysts at JPMorgan Chase & Co. from $445.00 to $485.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 48.30% from the company’s previous close.

A number of other research firms also recently weighed in on CLS. Citigroup increased their target price on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. UBS Group reaffirmed a “neutral” rating and set a $410.00 price target on shares of Celestica in a research report on Wednesday. Bank of America reiterated a “buy” rating on shares of Celestica in a research note on Wednesday. BMO Capital Markets boosted their target price on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $500.00 target price on shares of Celestica in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus target price of $436.50.

Read Our Latest Research Report on Celestica

Celestica Stock Performance

CLS stock traded down $23.15 on Wednesday, hitting $327.05. The company had a trading volume of 2,648,774 shares, compared to its average volume of 2,383,680. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. Celestica has a 12-month low of $173.23 and a 12-month high of $474.02. The stock has a market cap of $37.60 billion, a price-to-earnings ratio of 34.00, a P/E/G ratio of 0.74 and a beta of 2.05. The stock’s 50-day simple moving average is $361.83 and its 200 day simple moving average is $332.91.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its 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. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 41.69%. The company’s quarterly revenue was up 62.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, equities research analysts expect that Celestica will post 9.57 earnings per share for the current fiscal year.

Insider Activity

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of the firm’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 sale, the chief financial officer owned 82,444 shares in the company, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Mionis sold 66,056 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the transaction, the chief executive officer directly owned 134,328 shares in the company, valued at $53,739,259.68. This represents a 32.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,168 shares of company stock valued at $63,190,485 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Celestica

Institutional investors have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Celestica during the fourth quarter valued at about $28,000. Ascentis Independent Advisors purchased a new stake in shares of Celestica during the first quarter worth about $29,000. Swiss RE Ltd. purchased a new stake in shares of Celestica during the fourth quarter worth about $29,000. Cullen Frost Bankers Inc. bought a new stake in Celestica during the 4th quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC purchased a new position in Celestica in the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

More Celestica News

Here are the key news stories impacting Celestica this week:

Positive Sentiment: Q2 results significantly exceeded expectations. Revenue rose 62% year over year to approximately $4.70 billion, while adjusted EPS of $2.54 surpassed the $2.29 consensus estimate. Results were above the high end of management’s own guidance, supported by strong cloud connectivity and AI infrastructure demand. Celestica Announces Second Quarter 2026 Financial Results
Positive Sentiment: Management raised its 2026 outlook. Celestica now expects approximately $20.5 billion in full-year revenue and $11.30 in EPS, ahead of consensus expectations of roughly $19.2 billion and $10.13, respectively. Third-quarter revenue and EPS guidance also exceeded analyst estimates. CLS Q2 Earnings Beat Estimates on Strong CCS Demand, Outlook Raised
Positive Sentiment: The forward growth outlook remains robust. On its earnings call, Celestica pointed to accelerating growth in 2027, stronger customer visibility, hyperscaler demand and increased AI-related networking programs. The Connectivity & Cloud Solutions segment grew approximately 84% year over year, with additional mass production expected. Celestica Q2 Earnings Call Points to Faster Growth in 2027
Neutral Sentiment: Wall Street sentiment is bullish, but the signal has limitations. Celestica carries a favorable average brokerage recommendation, although analyst ratings can be overly optimistic and may already reflect much of the company’s growth potential. Is It Worth Investing in Celestica Based on Wall Street’s Bullish Views?
Negative Sentiment: Valuation and profit-taking may be weighing on the shares. Despite the earnings beat and raised guidance, the stock’s high valuation and recent sharp advance leave it vulnerable to selling when investors lock in gains or demand even stronger revisions. The current decline therefore appears more consistent with post-earnings consolidation than deteriorating business fundamentals.

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.