Celestica (NYSE:CLS) Shares Climb 2.8% – Should You Buy?

Posted by Francis Steltz on Oct 1st, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) was up 2.8% on Tuesday. The company traded as high as $375.28 and last traded at $366.4580. 2,403,944 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 2,429,043 shares. The stock had previously closed at $356.53.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. UBS Group raised shares of Celestica from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $410.00 to $430.00 in a report on Monday, August 24th. Stifel Nicolaus set a $500.00 target price on shares of Celestica in a report on Tuesday, July 28th. Wall Street Zen lowered shares of Celestica from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Canadian Imperial Bank of Commerce lifted their target price on Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Scotiabank began coverage on Celestica in a report on Tuesday, August 11th. They set a “sector outperform” rating and a $500.00 target price for the company. Twenty-three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and a consensus price target of $450.50.

Read Our Latest Stock Analysis on Celestica

Celestica Stock Performance

The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average is $328.04 and its two-hundred day moving average is $344.40. The stock has a market capitalization of $42.68 billion, a P/E ratio of 38.62 and a beta of 2.04.

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

Insider Buying and Selling at Celestica

In other Celestica news, President Todd Cooper sold 20,118 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total transaction of $7,242,480.00. Following the sale, the president directly owned 73,252 shares in the company, valued at approximately $26,370,720. The trade was a 21.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer directly owned 65,444 shares in the company, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 243,067 shares of company stock valued at $89,200,967. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CLS. Andra AP fonden grew its position in Celestica by 36.4% during the second quarter. Andra AP fonden now owns 30,700 shares of the technology company’s stock valued at $11,199,000 after purchasing an additional 8,200 shares in the last quarter. Junto Capital Management LP acquired a new stake in shares of Celestica during the 2nd quarter valued at $43,461,000. Sequoia Financial Advisors LLC grew its holdings in shares of Celestica by 0.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,363 shares of the technology company’s stock valued at $1,592,000 after acquiring an additional 40 shares in the last quarter. Tidal Investments LLC increased its stake in shares of Celestica by 198.2% in the second quarter. Tidal Investments LLC now owns 106,509 shares of the technology company’s stock worth $38,854,000 after acquiring an additional 70,794 shares during the last quarter. Finally, IPG Investment Advisors LLC increased its stake in shares of Celestica by 449.7% in the second quarter. IPG Investment Advisors LLC now owns 5,360 shares of the technology company’s stock worth $1,954,000 after acquiring an additional 4,385 shares during the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

About Celestica

(Get Free Report)

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply-chain services for original equipment manufacturers and other technology companies. The company helps customers develop, produce, deploy, and support complex hardware and electronic systems, serving industries such as communications, enterprise technology, aerospace and defense, industrial technology, health care, and semiconductor equipment.

Its services include product design and engineering, printed circuit board and systems assembly, manufacturing, testing, logistics, aftermarket support, and supply-chain management.