Celestica (NYSE:CLS) Price Target Raised to $425.00

Celestica (NYSE:CLS) (TSE:CLS) had its target price hoisted by JPMorgan Chase & Co. from $410.00 to $425.00 in a research note published on Wednesday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

Several other research firms have also recently commented on CLS. Royal Bank Of Canada boosted their target price on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday. Stifel Nicolaus set a $445.00 target price on Celestica in a research note on Tuesday. Barclays boosted their target price on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research note on Wednesday. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $480.00 target price on shares of Celestica in a research note on Wednesday. Finally, Wall Street Zen raised Celestica from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Price Performance

CLS stock opened at $418.29 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $48.09 billion, a PE ratio of 50.58, a P/E/G ratio of 1.17 and a beta of 2.09. Celestica has a 12-month low of $90.00 and a 12-month high of $426.55. The business’s fifty day moving average price is $313.88 and its 200 day moving average price is $309.08.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the business earned $1.20 EPS. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, sell-side analysts anticipate that Celestica will post 8.91 EPS for the current year.

Insider Transactions at Celestica

In other news, President Jason Phillips sold 100,000 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the completion of the transaction, the president directly owned 12,584 shares of the company’s stock, valued at approximately $3,887,449.28. This represents a 88.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Yann L. Etienvre sold 86,229 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 297,923 shares of company stock valued at $88,027,459. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Anchor Investment Management LLC boosted its position in shares of Celestica by 9.3% during the 1st quarter. Anchor Investment Management LLC now owns 1,175 shares of the technology company’s stock worth $331,000 after acquiring an additional 100 shares in the last quarter. Diversify Wealth Management LLC acquired a new position in shares of Celestica during the 1st quarter worth about $4,027,000. Valmark Advisers Inc. boosted its position in shares of Celestica by 79.5% during the 1st quarter. Valmark Advisers Inc. now owns 2,267 shares of the technology company’s stock worth $639,000 after acquiring an additional 1,004 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Celestica by 59.5% during the 1st quarter. Fifth Third Bancorp now owns 311 shares of the technology company’s stock worth $88,000 after acquiring an additional 116 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Celestica by 2.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,323 shares of the technology company’s stock worth $1,218,000 after acquiring an additional 122 shares in the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded Celestica to a Zacks Rank #1 (Strong Buy), boosting near?term buying interest by highlighting stronger earnings prospects. All You Need to Know About Celestica (CLS) Rating Upgrade to Strong Buy
• Positive Sentiment: Analysts collectively raised Celestica’s revenue forecasts (reported as a ~10% lift), which supports higher valuation targets and signals improving outlook for end?market demand. Industry Analysts Just Upgraded Celestica Inc. (TSE:CLS) Revenue Forecasts By 10%
• Positive Sentiment: Major banks raised price targets and reiterated buy/outperform calls: Goldman Sachs lifted its PT from $430 to $475 after an earnings beat; CIBC increased its PT to US$480 and kept an Outperformer rating; JPMorgan also raised its target to $425 and kept an overweight stance. These upgrades underpin investor confidence and act as near?term buying catalysts. Goldman Sachs is Bullish on Celestica Inc. (CLS) CIBC Raises Celestica’s Price Target to US$480 From US$425 Celestica (NYSE:CLS) Given New $425.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: Company fundamentals: Celestica reported a Q1 EPS beat (reported EPS topped estimates) and raised FY guidance, which supports forward earnings multiple expansion. Analysts are citing improving revenue growth and margin dynamics. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Technical indicator: CLS recently crossed above its 20?day moving average, a short?term bullish technical signal that can attract momentum traders. Celestica (CLS) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Negative Sentiment: Market reaction volatility: Despite strong Q1 EPS, shares previously plunged intraday (~14% reported) after investors focused on a revenue miss in the Enterprise segment and component?shortage noise—this shows profit?taking and sensitivity to execution risks. Celestica Stock Falls 14% Despite Posting Strong Q1 Results

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.