Celestica (NYSE:CLS) Stock Price Down 2.8% – Should You Sell?

Posted by Stanley Muller on Aug 19th, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS)’s share price dropped 2.8% during trading on Wednesday . The company traded as low as $292.50 and last traded at $302.0060. Approximately 2,284,429 shares changed hands during trading, a decline of 8% from the average daily volume of 2,474,153 shares. The stock had previously closed at $310.59.

Analysts Set New Price Targets

CLS has been the topic of a number of recent research reports. Stifel Nicolaus set a $500.00 target price on Celestica in a report on Tuesday, July 28th. JPMorgan Chase & Co. boosted their target price on shares of Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. UBS Group reiterated a “neutral” rating and issued a $410.00 price target on shares of Celestica in a research report on Wednesday, July 29th. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday, April 29th. Finally, BMO Capital Markets lifted their price target on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Celestica presently has a consensus rating of “Moderate Buy” and a consensus target price of $438.86.

Get Our Latest Stock Report on CLS

Celestica Price Performance

The firm has a 50 day moving average price of $346.00 and a 200 day moving average price of $335.26. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The stock has a market cap of $34.72 billion, a P/E ratio of 31.39 and a beta of 2.06.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm’s revenue was up 62.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, analysts forecast that Celestica, Inc. will post 9.97 EPS for the current fiscal year.

Insider Activity at Celestica

In related news, CEO Robert Mionis sold 98,453 shares of Celestica stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the transaction, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This represents a 17.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 356,553 shares of company stock worth $135,238,444 in the last ninety days. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Celestica

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Celestica by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock worth $1,423,333,000 after acquiring an additional 73,022 shares during the period. JPMorgan Chase & Co. lifted its holdings in Celestica by 24.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after purchasing an additional 798,782 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after purchasing an additional 3,657,874 shares during the period. Franklin Resources Inc. boosted its stake in Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock worth $673,471,000 after purchasing an additional 356,797 shares during the period. Finally, Cibc World Market Inc. grew its holdings in Celestica by 30.6% during the 4th quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company’s stock valued at $670,279,000 after buying an additional 530,535 shares in the last quarter. 67.38% of the stock is owned by institutional investors.

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.