Celestica (NYSE:CLS) Reaches New 52-Week High Following Analyst Upgrade

Shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) hit a new 52-week high during trading on Monday after BMO Capital Markets raised their price target on the stock from $370.00 to $450.00. BMO Capital Markets currently has an outperform rating on the stock. Celestica traded as high as $422.89 and last traded at $406.97, with a volume of 752964 shares trading hands. The stock had previously closed at $410.21.

A number of other brokerages have also recently commented on CLS. Susquehanna initiated coverage on shares of Celestica in a research note on Wednesday, April 1st. They set a “positive” rating and a $375.00 price target on the stock. JPMorgan Chase & Co. upped their price target on shares of Celestica from $360.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. TD Securities restated a “hold” rating and set a $350.00 price target on shares of Celestica in a research note on Monday, April 20th. Canaccord Genuity Group upped their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Canadian Imperial Bank of Commerce upped their price target on shares of Celestica from $360.00 to $425.00 and gave the company an “outperformer” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus target price of $373.89.

Insiders Place Their Bets

In other Celestica news, insider Yann L. Etienvre sold 1,145 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $283.51, for a total value of $324,618.95. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Jason Phillips sold 100,000 shares of the stock in a transaction that occurred on 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 sale, the president owned 12,584 shares in the company, valued at $3,887,449.28. This represents a 88.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 297,923 shares of company stock worth $88,027,459 in the last three months. 1.10% of the stock is currently owned by corporate insiders.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q1 results and revenue strength: management said adjusted Q1 EPS topped guidance and revenue jumped ~53% year‑over‑year, signaling strong demand and margin improvement. Celestica Announces First Quarter 2026 Financial Results
• Positive Sentiment: Raised guidance: Celestica lifted Q2 and FY‑2026 EPS and revenue targets well above street estimates (FY EPS guide notably higher than consensus), which supports higher forward earnings expectations. Company Press Release / Guidance
• Positive Sentiment: AI infrastructure positioning and institutional interest: Celestica is highlighted among AI‑infrastructure plays that investors and institutions are accumulating, which supports thematic demand for the stock. 5 AI Infrastructure Stocks Smart Money Is Buying
• Neutral Sentiment: Mixed EPS reporting: some outlets show an EPS beat (adjusted) while others reported a miss on a different EPS metric (GAAP vs adjusted), creating headline noise that can confuse short‑term traders. Celestica (CLS) Tops Q1 Earnings and Revenue Estimates Company Press Release / Metrics
• Negative Sentiment: After‑hours profit‑taking and valuation risk: some selling occurred after the print (reported as ~9% in one note), and the stock now trades at a rich multiple versus history — both can amplify intraday reversals after a sharp run. Celestica Earnings: Why I’m Finally Buying In (Rating Upgrade)

Institutional Trading of Celestica

Several institutional investors and hedge funds have recently bought and sold shares of the company. NewGen Equity Long Short Fund bought a new position in shares of Celestica in the 2nd quarter worth $14,050,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Celestica by 7,646.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock worth $157,000 after buying an additional 994 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Celestica by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock worth $12,197,000 after buying an additional 18,025 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock worth $438,000 after buying an additional 2,226 shares during the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Celestica by 11.0% in the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock worth $497,000 after buying an additional 315 shares during the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Celestica Stock Up 3.0%

The stock’s fifty day moving average price is $308.33 and its 200 day moving average price is $307.07. The stock has a market cap of $48.57 billion, a P/E ratio of 58.83, a price-to-earnings-growth ratio of 1.23 and a beta of 1.88. The company has a current ratio of 1.44, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34.

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.