Celestica (NYSE:CLS) Updates FY 2026 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 11.300-11.300 for the period, compared to the consensus estimate of 10.130. The company issued revenue guidance of $20.5 billion-$20.5 billion, compared to the consensus revenue estimate of $19.2 billion. Celestica also updated its Q3 2026 guidance to 2.880-3.080 EPS.

Celestica Stock Up 5.2%

Shares of CLS traded up $15.78 during mid-day trading on Monday, reaching $321.06. The company had a trading volume of 4,894,693 shares, compared to its average volume of 2,343,650. 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 firm has a 50-day moving average price of $362.06 and a 200 day moving average price of $332.50. Celestica has a 52 week low of $169.19 and a 52 week high of $474.02. The company has a market capitalization of $36.91 billion, a price-to-earnings ratio of 38.82, a price-to-earnings-growth ratio of 0.71 and a beta of 2.05.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings results on Monday, July 27th. The technology company reported $2.41 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.12. Celestica had a return on equity of 36.91% and a net margin of 6.95%.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, sell-side analysts forecast that Celestica will post 9.57 EPS for the current year.

Analyst Ratings Changes

CLS has been the topic of a number of recent research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Citigroup lifted their price target on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday, April 29th. UBS Group increased their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Celestica has an average rating of “Buy” and an average price target of $427.42.

Insider Buying and Selling at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction 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 owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 the business’s stock in a transaction 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 transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This represents a 17.10% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 earnings beat expectations: Celestica reported adjusted earnings of $2.41 per share, exceeding the analyst consensus of $2.29. Management said second-quarter revenue and adjusted EPS were above the high end of its previously issued guidance ranges. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Upbeat third-quarter outlook: Celestica forecast third-quarter 2026 EPS of $2.88 to $3.08, above the $2.65 consensus estimate. Revenue is expected to reach $5.3 billion to $5.6 billion, compared with analysts’ $5.0 billion forecast.
• Positive Sentiment: 2026 guidance raised: Full-year EPS guidance was set at $11.30, well above the $10.13 consensus estimate, while revenue guidance of $20.5 billion also exceeded the $19.2 billion analyst forecast. The higher outlook reinforces expectations for accelerating growth into 2027.
• Positive Sentiment: Elevated call-option activity: Investors purchased 13,556 call options, 16% above the average daily volume. Although options activity is not a fundamental result, the increase indicates heightened bullish interest and expectations for further share-price volatility.
• Neutral Sentiment: Investor attention was already elevated: Celestica was highlighted among stocks to watch ahead of its earnings report, while the broader earnings calendar was viewed as an important test for markets. These items provide context but do not materially change the company’s fundamentals.

Institutional Trading of Celestica

A number of institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Celestica in the fourth quarter worth approximately $28,000. Swiss RE Ltd. bought a new position in Celestica during the fourth quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. lifted its position in Celestica by 117.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock valued at $40,000 after purchasing an additional 74 shares during the period. Wilmington Savings Fund Society FSB lifted its position in Celestica by 1,015.4% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 145 shares of the technology company’s stock valued at $43,000 after purchasing an additional 132 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Celestica by 1,015.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 145 shares of the technology company’s stock worth $43,000 after purchasing an additional 132 shares during the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Company Profile

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.