Celestica (NYSE:CLS) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Celestica (NYSE:CLS) (TSE:CLS) had its price objective hoisted by equities researchers at BMO Capital Markets from $370.00 to $450.00 in a research report issued on Friday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the technology company’s stock. BMO Capital Markets’ target price would indicate a potential upside of 9.63% from the stock’s previous close.

A number of other analysts have also commented on CLS. Bank of America lifted their price objective on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. TD Cowen lifted their price objective on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. Susquehanna assumed coverage on Celestica in a research report on Wednesday, April 1st. They issued a “positive” rating and a $375.00 price objective for the company. Canaccord Genuity Group lifted their price objective on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, TD lifted their price objective on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $373.89.

Celestica Stock Performance

Shares of NYSE:CLS opened at $410.48 on Friday. Celestica has a twelve month low of $81.88 and a twelve month high of $420.63. The firm has a market cap of $47.19 billion, a PE ratio of 57.17, a price-to-earnings-growth ratio of 1.17 and a beta of 1.88. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 1.44. The business has a fifty day moving average of $305.50 and a 200-day moving average of $305.57.

Insider Transactions at Celestica

In other news, President Jason Phillips sold 100,000 shares of the business’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 in the company, valued at approximately $3,887,449.28. The trade was a 88.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Yann L. Etienvre sold 86,229 shares of the business’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 worth $88,027,459. 0.52% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Celestica

Institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica during the 4th quarter worth about $28,000. Swiss RE Ltd. acquired a new position in shares of Celestica during the 4th quarter worth about $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the 4th quarter worth about $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica during the 4th quarter worth about $31,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock worth $31,000 after buying an additional 37 shares during the period. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: BMO Capital Markets raised its price target to $450 and reiterated an Outperform rating, signaling stronger upside from analysts and likely supporting buying interest. Benzinga
• Positive Sentiment: Celestica and Bell announced a collaboration to build Canadian sovereign AI infrastructure for regulated workloads — a revenue-accretive, high‑margin market that ties Celestica’s hardware and lifecycle services to growing enterprise/government AI demand. Celestica And Bell Aim To Shape Canadian Sovereign AI Opportunity
• Positive Sentiment: Pre‑Q1 coverage highlights “strong momentum” and elevated expectations ahead of earnings, with several analysts and outlets flagging upside potential from AI infrastructure demand and Celestica’s surprise history. That optimism can lift sentiment into the report. Earnings Preview
• Positive Sentiment: Industry commentary (Seeking Alpha, Zacks) positions Celestica as a top AI infrastructure play and as a name that could beat estimates — reinforcing momentum trade interest ahead of earnings. Seeking Alpha
• Neutral Sentiment: Wall Street’s average brokerage recommendation is a Buy, and multiple outlets note rising estimates — these maintain a constructive backdrop but also mean much is already priced in. Is It Worth Investing…
• Neutral Sentiment: Articles pointing to Celestica’s strong interest‑coverage ratio and financial flexibility reduce balance‑sheet risk, a neutral-to-positive signal for investors focused on sustainability rather than near‑term upside. Zacks Interest Coverage
• Negative Sentiment: Elevated expectations and a rich valuation (high P/E) increase risk of a pullback if Q1 results or guidance disappoint relative to the optimistic consensus. Pre‑Earnings Caution

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.