Celestica (NYSE:CLS – Free Report) (TSE:CLS) had its target price upped by Aletheia Capital from $330.00 to $410.00 in a report released on Tuesday morning,BayStreet.CA reports. Aletheia Capital currently has a buy rating on the technology company’s stock.
CLS has been the topic of a number of other reports. Citigroup raised shares of Celestica from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $212.00 to $375.00 in a report on Monday, November 10th. BNP Paribas Exane reissued an “outperform” rating and set a $300.00 target price on shares of Celestica in a research report on Thursday, September 25th. JPMorgan Chase & Co. raised their price target on shares of Celestica from $295.00 to $360.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. TD Cowen reiterated a “hold” rating and issued a $238.00 price objective on shares of Celestica in a research note on Friday, October 3rd. Finally, Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $340.75.
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Celestica Price Performance
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last issued its quarterly earnings results on Monday, October 27th. The technology company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.13. Celestica had a return on equity of 30.53% and a net margin of 6.35%.The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period last year, the company posted $1.04 earnings per share. Celestica’s quarterly revenue was up 27.8% compared to the same quarter last year. On average, equities analysts anticipate that Celestica will post 4.35 EPS for the current year.
Insider Transactions at Celestica
In related news, Director Laurette T. Koellner bought 6,000 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were purchased at an average price of $341.67 per share, for a total transaction of $2,050,020.00. Following the completion of the transaction, the director directly owned 6,000 shares in the company, valued at approximately $2,050,020. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.52% of the stock is owned by insiders.
Institutional Trading of Celestica
A number of hedge funds and other institutional investors have recently made changes to their positions in CLS. Arrowstreet Capital Limited Partnership boosted its stake in Celestica by 471.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after purchasing an additional 2,596,318 shares during the period. Viking Global Investors LP purchased a new stake in shares of Celestica in the third quarter worth about $424,459,000. Norges Bank bought a new position in shares of Celestica in the second quarter valued at approximately $236,069,000. SRS Investment Management LLC purchased a new position in Celestica during the second quarter valued at approximately $135,289,000. Finally, Picton Mahoney Asset Management bought a new stake in Celestica during the 2nd quarter worth approximately $90,425,000. 67.38% of the stock is currently owned by institutional investors.
Celestica News Summary
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Analysts note the CCS segment is benefiting from AI data‑center demand and new switch products, which should lift Q4 revenue expectations heading into the Jan. 28 earnings release. Will Growth in the CCS Segment Boost Celestica’s Q4 Earnings?
- Positive Sentiment: Brokerage coverage remains generally favorable — CLS has an average analyst rating around “Moderate Buy,” which supports investor confidence despite today’s weakness. Celestica, Inc. (NYSE:CLS) Given Average Rating of “Moderate Buy” by Brokerages
- Positive Sentiment: At least one investor group (Aletheia Capital) is forecasting strong price appreciation, signaling continued institutional bullishness on multi‑year AI/data‑center demand tailwinds. Aletheia Capital Forecasts Strong Price Appreciation for Celestica (NYSE:CLS) Stock
- Neutral Sentiment: TD Securities set a new $305 price target and a “hold” rating — implies modest upside from current levels but not a consensus buy signal. Analyst Ratings / BayStreet.CA
- Neutral Sentiment: Celestica is due to report Q4 results on Jan. 28; several preview pieces point to a mixed picture (CCS strength vs. ATS weakness), so earnings execution will likely be the immediate driver of next price moves. Celestica (CLS) Expected to Announce Earnings on Wednesday
- Neutral Sentiment: Recent analyst commentaries (Globe and Mail summaries) provide varied takes on Celestica alongside peers — useful for context but not immediate catalysts. Analysts Offer Insights on Technology Companies: Credo Technology Group Holding Ltd (CRDO) and Celestica (CLS) Analysts Offer Insights on Technology Companies: Celestica (CLS) and Klaviyo, Inc. Class A (KVYO)
- Negative Sentiment: Shares fell after a report that Alphabet is seeking additional TPU suppliers — traders interpreted this as near‑term uncertainty about Celestica’s customer share, triggering the selloff despite longer‑term demand implications. Celestica Stock: Why Alphabet Looking Elsewhere Is Actually A Good Thing
- Negative Sentiment: Market coverage highlighting today’s price decline and elevated volume amplifies downside momentum for traders trimming positions. Celestica (CLS) Stock Slides as Market Rises: Facts to Know Before You Trade
- Negative Sentiment: Concerns persist around the ATS (advanced technology solutions) segment where declining revenues, inventory pressure and soft end‑markets could weigh on Q4 results and margins. Will Declining ATS Revenues Hinder Celestica’s Q4 Earnings?
- Negative Sentiment: Opinion pieces asking whether investors should sell highlight the elevated near‑term risk given premium valuation vs. execution uncertainty — these narratives can pressure sentiment if earnings disappoint. Should you sell your Celestica 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.
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