Celestica (NYSE:CLS) Trading Up 1.6% – Here’s Why

Posted by Brenda Bartman on May 11th, 2026

Shares of Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) shot up 1.6% on Monday . The company traded as high as $391.40 and last traded at $381.5980. 1,965,352 shares were traded during mid-day trading, a decline of 22% from the average session volume of 2,508,031 shares. The stock had previously closed at $375.55.

Analyst Ratings Changes

CLS has been the topic of a number of analyst reports. Susquehanna increased their price target on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Wolfe Research raised Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. Rothschild & Co Redburn started 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. TD increased their price target on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Finally, Canaccord Genuity Group increased their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Read Our Latest Stock Analysis on Celestica

Celestica Stock Up 1.6%

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 stock has a market capitalization of $43.87 billion, a price-to-earnings ratio of 46.14, a P/E/G ratio of 0.87 and a beta of 2.09. The firm’s fifty day simple moving average is $320.48 and its 200 day simple moving average is $312.59.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business’s quarterly revenue was up 52.8% on a year-over-year basis. During the same period last year, the company posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, sell-side analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Institutional Trading of Celestica

Several hedge funds have recently bought and sold shares of CLS. Allianz Asset Management GmbH grew its stake in shares of Celestica by 7.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock worth $83,044,000 after acquiring an additional 22,863 shares in the last quarter. Spark Investment Management LLC grew its stake in shares of Celestica by 17.4% during the 3rd quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock worth $6,643,000 after acquiring an additional 4,000 shares in the last quarter. Spire Wealth Management grew its stake in shares of Celestica by 354.3% during the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after acquiring an additional 4,663 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of Celestica in the third quarter valued at $28,924,000. Finally, Plato Investment Management Ltd grew its stake in shares of Celestica by 154.5% in the third quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock valued at $3,676,000 after buying an additional 9,135 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

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.