Celestica (NYSE:CLS) Price Target Raised to $400.00 at UBS Group

Celestica (NYSE:CLS) (TSE:CLS) had its target price upped by UBS Group from $355.00 to $400.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. UBS Group’s price target indicates a potential upside of 7.13% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research note on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $480.00 price target on shares of Celestica in a research report on Wednesday. Wall Street Zen raised shares of Celestica from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target for the company in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $424.78.

Celestica Trading Up 3.3%

NYSE:CLS traded up $11.85 during trading hours on Wednesday, reaching $373.39. The company’s stock had a trading volume of 2,407,083 shares, compared to its average volume of 2,507,298. The firm has a market capitalization of $42.93 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 1.26 and a beta of 1.88. The firm has a 50-day simple moving average of $309.83 and a 200-day simple moving average of $307.90. Celestica has a 1 year low of $81.88 and a 1 year high of $423.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 1.44.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $4.06 billion. Celestica had a net margin of 6.95% and a return on equity of 37.35%. The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Research analysts expect that Celestica will post 8.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other Celestica news, President Todd C. Cooper sold 89,484 shares of Celestica stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $287.45, for a total value of $25,722,175.80. Following the completion of the transaction, the president directly owned 108,970 shares of the company’s stock, valued at approximately $31,323,426.50. The trade was a 45.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Jason Phillips sold 100,000 shares of Celestica 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 $3,887,449.28. This trade represents a 88.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 297,923 shares of company stock valued at $88,027,459. Insiders own 1.10% of the company’s stock.

Institutional Trading of Celestica

A number of large investors have recently made changes to their positions in the stock. Allianz Asset Management GmbH raised its position in Celestica by 7.3% in the third quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock worth $83,044,000 after acquiring an additional 22,863 shares during the period. Spark Investment Management LLC increased its stake in shares of Celestica by 17.4% in the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock worth $6,643,000 after purchasing an additional 4,000 shares in the last quarter. Spire Wealth Management increased its stake in shares of Celestica by 354.3% in the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after purchasing an additional 4,663 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Celestica in the third quarter worth $28,924,000. Finally, Plato Investment Management Ltd increased its stake in shares of Celestica by 154.5% in the third quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock worth $3,676,000 after purchasing an additional 9,135 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Beat and raise: Celestica topped Q1 EPS expectations and raised FY‑2026 revenue and EPS guidance materially, giving investors clearer high‑growth visibility. Celestica Announces First Quarter 2026 Financial Results
• Positive Sentiment: AI product momentum: Celestica launched the DS6000 1.6TbE switches (now available to order), supporting its positioning in AI/networking infrastructure and reinforcing revenue backlog prospects. Celestica Accelerates AI-Scale Networking: DS6000-Series 1.6TbE Switches Now Available to Order
• Positive Sentiment: Strong top‑line and margin trends: Q1 revenue rose ~53% YoY with CCS revenue and margins expanding—supporting the upgraded outlook. Celestica Surpasses Q1 Earnings Estimates on Solid CCS Demand
• Neutral Sentiment: Momentum metrics: Some outlets flag Celestica as a high‑momentum stock—useful for tactical traders but not a substitute for valuation assessment. Celestica (CLS) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Read the slides/transcript for detail: The earnings deck and call provide backlog, customer and capex color that investors should review to judge execution risk. Celestica Q1 2026 Earnings Transcript / Slides
• Negative Sentiment: Sharp post‑earnings sell‑off: Despite the beat and raise, Celestica erased nearly $10B of market value in a single day as the market sold into the rally—indicating profit‑taking and short‑term re‑rating. Celestica craters by $10B after earnings
• Negative Sentiment: Analyst caution and execution risks: Some analysts downgraded or flagged that elevated valuations, supply‑chain bottlenecks, high planned capex and only modest near‑term margin improvement increase execution risk beyond 2026. Celestica: It’s Now Much Harder To Excite The Market (Downgrade)

About Celestica

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.