Celestica (NYSE:CLS) Shares Up 2.4% – Should You Buy?

Posted by George Bondi on May 21st, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) traded up 2.4% during trading on Thursday . The company traded as high as $354.77 and last traded at $354.6350. 1,227,589 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 2,449,781 shares. The stock had previously closed at $346.48.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and raised their price objective for the stock from $350.00 to $430.00 in a report on Wednesday, April 29th. TD raised their price target on Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group restated a “buy” rating and set a $475.00 price target on shares of Celestica in a research note on Tuesday, April 28th. Citigroup raised their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Zacks Research downgraded shares of Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Check Out Our Latest Stock Report on Celestica

Celestica Trading Up 2.4%

The company has a market capitalization of $40.77 billion, a PE ratio of 42.88, a price-to-earnings-growth ratio of 0.79 and a beta of 2.09. The company’s fifty day moving average is $337.35 and its 200-day moving average is $316.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period last year, the business posted $1.20 EPS. The business’s revenue was up 52.8% compared to the same quarter last year. 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, analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Transactions at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director owned 24,718 shares in the company, valued at $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Celestica

Several institutional investors and hedge funds have recently added to or reduced their stakes in CLS. Legacy Wealth Managment LLC ID grew its position in shares of Celestica by 14.4% in 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. Pinney & Scofield Inc. grew its position in shares of Celestica by 20.0% in the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after buying an additional 30 shares during the last quarter. Capital Planning LLC grew its position in shares of Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after buying an additional 32 shares during the last quarter. LeConte Wealth Management LLC grew its holdings in Celestica by 3.5% in the fourth quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after purchasing an additional 34 shares during the last quarter. Finally, PCB Capital LLC grew its holdings in Celestica by 3.5% in the first quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after purchasing an additional 34 shares during 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.