Celestica (NYSE:CLS) Stock Price Up 11.6% – Here’s Why

Posted by Brenda Bartman on Sep 5th, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS)’s share price shot up 11.6% on Thursday . The stock traded as high as $314.09 and last traded at $310.12. 3,752,786 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 2,443,596 shares. The stock had previously closed at $277.77.

Analyst Ratings Changes

CLS has been the topic of a number of research reports. Wolfe Research upped their price target on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. BWS Financial reaffirmed a “buy” rating on shares of Celestica in a research note on Tuesday, July 28th. UBS Group upgraded Celestica from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $410.00 to $430.00 in a report on Monday, August 24th. Wall Street Zen lowered Celestica from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Finally, JPMorgan Chase & Co. raised their target price on Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Celestica presently has an average rating of “Buy” and a consensus price target of $439.81.

Check Out Our Latest Research Report on Celestica

Celestica Price Performance

The company’s 50-day simple moving average is $327.47 and its 200 day simple moving average is $335.77. The company has a market cap of $35.97 billion, a PE ratio of 32.52 and a beta of 2.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company’s revenue was up 62.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 earnings per share. 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, sell-side analysts predict that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Robert Mionis sold 98,453 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total value of $36,328,172.47. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mandeep Chawla sold 17,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the transaction, the chief financial officer directly owned 82,444 shares in the company, valued at $32,948,744.60. This trade represents a 17.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 356,553 shares of company stock valued at $135,238,444 in the last quarter. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Celestica

Several institutional investors have recently added to or reduced their stakes in CLS. Legacy Wealth Managment LLC ID lifted its position in shares of Celestica by 14.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after buying an additional 28 shares during the last quarter. Capital Planning LLC raised its stake in Celestica by 3.2% during the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after acquiring an additional 32 shares in the last quarter. PCB Capital LLC raised its stake in Celestica by 3.5% during the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after acquiring an additional 34 shares in the last quarter. Avantax Planning Partners Inc. lifted its position in Celestica by 2.7% in the fourth quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock valued at $452,000 after acquiring an additional 40 shares during the last quarter. Finally, XML Financial LLC boosted its stake in Celestica by 1.5% in the second quarter. XML Financial LLC now owns 2,640 shares of the technology company’s stock valued at $963,000 after acquiring an additional 40 shares in the last quarter. Hedge funds and other institutional investors 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.