Celestica (NYSE:CLS) Trading 2% Higher – What’s Next?

Posted by George Bondi on May 22nd, 2026

Shares of Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) traded up 2% during trading on Wednesday . The stock traded as high as $358.15 and last traded at $345.8410. 1,698,130 shares were traded during mid-day trading, a decline of 31% from the average session volume of 2,461,962 shares. The stock had previously closed at $339.13.

Analyst Ratings Changes

Several analysts have commented on the stock. Wall Street Zen raised shares of Celestica from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Canaccord Genuity Group lifted their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Barclays lifted their price target on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, UBS Group lifted their price target on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on 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 Analysis on CLS

Celestica Stock Performance

The company has a market cap of $42.29 billion, a price-to-earnings ratio of 44.47, a price-to-earnings-growth ratio of 0.81 and a beta of 2.09. The stock’s fifty day simple moving average is $339.06 and its two-hundred day simple moving average is $316.70. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26.

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 for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current year.

Insider Buying and Selling at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the transaction, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Celestica

Several hedge funds and other institutional investors have recently made changes to their positions in CLS. NewGen Equity Long Short Fund acquired a new position in shares of Celestica during the 2nd quarter valued at $14,050,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Celestica by 7,646.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock valued at $157,000 after acquiring an additional 994 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Celestica by 30.0% during the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock valued at $12,197,000 after acquiring an additional 18,025 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock worth $438,000 after buying an additional 2,226 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its holdings in Celestica by 11.0% in the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock worth $497,000 after buying an additional 315 shares in the last quarter. Institutional investors and hedge funds 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.