Celestica (NYSE:CLS) Coverage Initiated by Analysts at Bank of America

Bank of America started coverage on shares of Celestica (NYSE:CLS) (TSE:CLS) in a research report released on Wednesday, Marketbeat reports. The firm issued a buy rating and a $400.00 price target on the technology company’s stock.

Several other brokerages have also issued reports on CLS. UBS Group increased their price target on Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Celestica in a report on Wednesday, January 21st. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Barclays upped their price objective on shares of Celestica from $357.00 to $359.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Finally, CIBC lifted their price objective on shares of Celestica from $315.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $344.24.

Celestica Stock Up 3.8%

Shares of NYSE CLS opened at $345.67 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37. The firm has a market cap of $39.77 billion, a PE ratio of 56.12 and a beta of 1.87. The company’s fifty day simple moving average is $310.75 and its 200 day simple moving average is $265.51. Celestica has a 12-month low of $58.05 and a 12-month high of $363.40.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, October 27th. The technology company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.13. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.01 billion. Celestica had a net margin of 6.35% and a return on equity of 30.53%. The business’s quarterly revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.04 earnings per share. As a group, sell-side analysts forecast that Celestica will post 4.35 earnings per share for the current fiscal year.

Institutional Trading of Celestica

Several institutional investors and hedge funds have recently made changes to their positions in CLS. Hoey Investments Inc. grew its position in Celestica by 14.5% in the 4th quarter. Hoey Investments Inc. now owns 3,950 shares of the technology company’s stock worth $1,168,000 after purchasing an additional 500 shares in the last quarter. Kingswood Wealth Advisors LLC increased its stake in Celestica by 23.6% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 3,362 shares of the technology company’s stock valued at $994,000 after buying an additional 642 shares during the last quarter. Revisor Wealth Management LLC lifted its position in shares of Celestica by 84.7% during the 4th quarter. Revisor Wealth Management LLC now owns 1,886 shares of the technology company’s stock worth $553,000 after buying an additional 865 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Celestica by 62.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 47,523 shares of the technology company’s stock valued at $14,048,000 after acquiring an additional 18,280 shares in the last quarter. Finally, First Horizon Corp grew its holdings in shares of Celestica by 39.7% in the fourth quarter. First Horizon Corp now owns 176 shares of the technology company’s stock valued at $52,000 after acquiring an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Key Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q4 beats and strong revenue growth — Celestica reported Q4 results above estimates with adjusted EPS and revenue well ahead of expectations; revenue rose ~43% year‑over‑year. This is the core catalyst for the rally. Celestica Announces Fourth Quarter and FY 2025 Financial Results
• Positive Sentiment: Raised near‑term and full‑year guidance — management lifted Q1 EPS guidance to $1.95–$2.15 (consensus ~$1.78) and issued FY‑2026 EPS of $8.75 (vs. ~$8.17 consensus); Q1 revenue guided to $3.9–$4.2B and FY revenue to ~$17.0B — signals stronger demand and margin outlook. Press Release / Financials (PDF)
• Positive Sentiment: Analyst support — Bank of America initiated coverage with a Buy and $400 PT, and RBC reiterated a Buy, adding institutional endorsement that can support further upside. Bank of America coverage / BayStreet
• Neutral Sentiment: Bullish thematic write‑ups — independent bull-case pieces outline structural opportunities in supply‑chain/onshoring that underlie longer‑term upside but are not immediate price movers. Bull Case Theory (InsiderMonkey)
• Neutral Sentiment: Earnings previews/snapshots — several outlets published Q4 previews and snapshots that summarize results; useful context but secondary to company guidance and analyst actions. Q4 Earnings Snapshot (Beaumont)
• Negative Sentiment: Short‑term profit‑taking / mixed market reaction — some reports note shares dipped in the immediate aftermath on intraday profit‑taking despite the beat, indicating some investors had already priced in strong results. Shares Drop Despite Beat (Investing.com)
• Negative Sentiment: Investor litigation notice — a Pomerantz investigation notice was filed, creating legal overhang risk that could weigh on sentiment if it evolves. Pomerantz Investor Alert

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.