Celestica (NYSE:CLS) Announces Quarterly Earnings Results

Posted by Brenda Bartman on Oct 27th, 2026

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) announced its quarterly earnings results on Monday. The technology company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.37, reports. The company had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.39 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%.

Celestica Stock Down 5.0%

Celestica stock opened at $247.03 on Tuesday. The stock has a market capitalization of $28.40 billion, a PE ratio of 25.68 and a beta of 2.01. Celestica has a twelve month low of $244.51 and a twelve month high of $474.02. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The company has a 50 day moving average of $327.22 and a 200-day moving average of $331.72.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

Positive Sentiment: Celestica reported third-quarter adjusted EPS of $3.30, exceeding the $2.93 consensus estimate, while revenue reached $5.74 billion versus expectations of $5.39 billion. The results represented earnings and revenue surprises of approximately 9.3% and 6.0%, respectively. Celestica Q3 Earnings and Revenues Top Estimates
Positive Sentiment: Management raised its full-year earnings and revenue outlook after Q3 results came in above the high end of its guidance ranges. The company also projected accelerating revenue growth and expanding non-GAAP adjusted operating margins in 2027. Celestica Stock Pops on Strong Q3 Earnings and Raised Guidance
Positive Sentiment: Investor enthusiasm is being driven by strong demand for AI infrastructure and data-center equipment. Reports highlighted an AI-related “supercycle,” stronger customer demand extending into 2028, and a reported outlook approaching $40 billion in 2027 sales. Celestica AI Infrastructure Demand and 2027 Sales Outlook
Neutral Sentiment: Celestica became one of the market’s closely watched movers following the earnings release, with coverage emphasizing both the AI growth opportunity and the unusually strong earnings reaction. Biggest Stock Movers Tuesday
Negative Sentiment: Despite the strong fundamentals, the shares have decreased from their earlier post-earnings levels and are trading near the one-year low. The supplied reports identify no new operational setback, so the weakness may reflect profit-taking, valuation concerns, or high expectations already embedded in the stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CLS shares. Barclays lowered their price objective on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Celestica in a research note on Thursday, October 15th. Wolfe Research lifted their target price on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. BWS Financial reiterated a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. Finally, Canadian Imperial Bank of Commerce boosted 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. Twenty-four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $448.30.

Read Our Latest Analysis on Celestica

Insider Transactions at Celestica

In related news, President Todd C. Cooper sold 20,118 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total value of $7,242,480.00. Following the sale, the president directly owned 73,252 shares of the company’s stock, valued at approximately $26,370,720. The trade was a 21.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the sale, the chief financial officer directly owned 65,444 shares in the company, valued at $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 243,067 shares of company stock valued at $89,200,967 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Celestica Company Profile

(Get Free Report)

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.