UBS Group Forecasts Strong Price Appreciation for Celestica (NYSE:CLS) Stock

Celestica (NYSE:CLS) (TSE:CLS) had its target price hoisted by investment analysts at UBS Group from $430.00 to $453.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. UBS Group‘s target price would suggest a potential upside of 50.84% from the company’s current price.

A number of other analysts also recently commented on the stock. FBN Securities began coverage on shares of Celestica in a report on Tuesday, September 15th. They issued an “outperform” rating and a $375.00 target price on the stock. Wolfe Research raised their target price on shares of Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings lowered shares of Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada set a $450.00 price objective on Celestica and gave the company an “outperform” rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $448.83.

Celestica Price Performance

Shares of CLS stock traded up $23.78 during mid-day trading on Wednesday, hitting $300.32. 5,942,283 shares of the stock traded hands, compared to its average volume of 2,470,671. Celestica has a twelve month low of $244.51 and a twelve month high of $474.02. The firm has a market cap of $34.53 billion, a price-to-earnings ratio of 28.41 and a beta of 2.01. The company’s 50-day simple moving average is $325.96 and its 200-day simple moving average is $331.57. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, October 26th. The technology company reported $3.30 EPS for the quarter, topping the consensus estimate of $3.02 by $0.28. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.39 billion. As a group, equities research analysts expect that Celestica will post 10.71 earnings per share for the current year.

Insider Activity at Celestica

In related news, CEO Robert Mionis sold 98,453 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Todd Cooper sold 20,118 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $360.00, for a total value of $7,242,480.00. Following the completion of the sale, the president directly owned 73,252 shares of the company’s stock, valued at approximately $26,370,720. This represents a 21.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 243,067 shares of company stock valued at $89,200,967. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Celestica

Hedge funds have recently made changes to their positions in the stock. Cibc World Market Inc. acquired a new position in Celestica in the 2nd quarter valued at approximately $757,811,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Celestica during the 2nd quarter valued at $674,199,000. Bank of America Corp DE acquired a new stake in shares of Celestica during the 2nd quarter valued at $444,899,000. Royal Bank of Canada boosted its stake in shares of Celestica by 13.8% during the 1st quarter. Royal Bank of Canada now owns 1,283,561 shares of the technology company’s stock valued at $361,553,000 after buying an additional 156,040 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Celestica during the 2nd quarter valued at $351,717,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Strong Q3 results: Revenue rose approximately 83% year over year to about $5.7 billion, while adjusted EPS reached $3.30, exceeding the $3.02 analyst consensus. The company’s results were driven by demand for AI-related networking and computing infrastructure. Celestica Q3 Earnings Beat Estimates on Strong CCS Demand
• Positive Sentiment: Higher growth outlook: Management raised its 2026 outlook and now expects 2027 revenue to approach $40 billion—nearly double the current level—with approximately $21.50 in non-GAAP EPS. The forecast reflects an AI infrastructure “supercycle,” expanding networking demand and growth in proprietary ASICs. Celestica sees 2027 sales nearly doubling to $40 billion
• Positive Sentiment: Improved sentiment and trading activity: Several analysts and growth-focused publications characterized CLS as attractively valued relative to its earnings growth, while a new buy rating and unusually heavy call-option activity added to bullish momentum. New Buy Rating for Celestica
• Neutral Sentiment: The stock had recently sold off sharply before earnings, so part of the move appears to reflect an earnings rebound and renewed interest in AI exposure rather than only fresh fundamental news.
• Negative Sentiment: Cash-flow concerns remain: Analysts noted that Celestica expects negative free cash flow in 2027 because of heavy working-capital investment. Deteriorating cash conversion, receivables sales and rising inventory could limit the benefit of the impressive earnings and revenue forecasts. Celestica: Free Cash Flow Tells The Whole Story

Celestica Company Profile

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.