Celestica (NYSE:CLS) Shares Down 1.3% – What’s Next?

Posted by Stanley Muller on Aug 13th, 2026

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) fell 1.3% during mid-day trading on Tuesday . The stock traded as low as $309.50 and last traded at $310.3590. 1,897,809 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 2,455,433 shares. The stock had previously closed at $314.59.

Wall Street Analysts Forecast Growth

CLS has been the subject of several analyst reports. UBS Group reaffirmed a “neutral” rating and set a $410.00 price target on shares of Celestica in a research note on Wednesday, July 29th. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, April 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 target price on shares of Celestica in a report on Tuesday, April 28th. Wolfe Research upped their price target on Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, TD Cowen raised Celestica from a “hold” rating to a “buy” rating and increased their price target for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $438.86.

View Our Latest Analysis on CLS

Celestica Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. The company’s 50-day moving average price is $350.42 and its two-hundred day moving average price is $334.97. The company has a market capitalization of $40.00 billion, a price-to-earnings ratio of 36.28 and a beta of 2.06.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last released its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 7.16% and a return on equity of 39.96%. Celestica’s revenue for the quarter was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the business 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, equities research analysts anticipate that Celestica, Inc. will post 9.97 EPS for the current fiscal year.

Insider Activity

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction that occurred on 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 completion of the sale, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 337,225 shares of company stock valued at $128,112,965 in the last ninety days. 1.10% of the stock is owned by company insiders.

Institutional Trading of Celestica

Several large investors have recently modified their holdings of the stock. Legacy Wealth Managment LLC ID increased its stake in shares of Celestica by 14.4% in the first 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 period. Capital Planning LLC boosted its position in Celestica by 3.2% during the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock valued at $289,000 after buying an additional 32 shares during the period. PCB Capital LLC boosted its position in Celestica by 3.5% during the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock valued at $280,000 after buying an additional 34 shares during the period. Oxinas Partners LLC grew its holdings in Celestica by 1.4% in the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after acquiring an additional 40 shares during the last quarter. Finally, Avantax Planning Partners Inc. grew its holdings in Celestica by 2.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after acquiring an additional 40 shares during 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.