Celestica Inc. (CLS)

The shares of Celestica (CLS; $300.00; O/P) declined 13% yesterday on the heels of what we believed to be a robust Q4 “beat and raise” that also suggested an expanding set of growth opportunities. CLS…

Celestica (CLS; $345.23; O/P) reported Q4 non-GAAP EPS of $1.89, which was comfortably ahead of our $1.73 and consensus of $1.76 on sales of $3,655mm (vs. our $3,464mm and the Street’s $3,484mm). As illustrated in…

We reiterate our Outperform and $400 target on the shares of Celestica (CLS; $310.76) ahead of the company’s Q4 results and outlook next Wednesday (1/28 after market). The stock has generally traded in a range…

We reiterate our Outperform and raise our target from $300 to $400 on the shares of Celestica (CLS; $341.86) after the company produced another big Q3 “beat and raise” that came with an increasingly bullish…

Celestica (CLS; $301.82; O/P) reported Q3 non-GAAP EPS of $1.58, which was comfortably ahead of our $1.45 and consensus of $1.49 on sales of $3,194mm (vs. our $3,000mm and the Street’s $3,036mm). As illustrated in…

The shares of Celestica (CLS; $273.50; O/P) are now up nearly three-fold YTD, including +58% since management came to the Street with Q2 results on July 28th as investors have embraced a cloud-driven original design…

This morning, Broadcom (AVGO; $355.71; NR) announced a multi-year partnership with OpenAI that we think bodes well for the growth and margin prospects of Celestica (CLS; $261.10; O/P) into 2026E and 2027E. As has been…

We reiterate our Outperform and raise our target from $240 to $300 on the shares of Celestica (CLS; $253.01) after hosting meetings earlier this week in New York for CFO Mandeep Chawla and Matthew Pallotta,…

We raise our 2025/2026E EPS for Celestica (CLS; $202.00; O/P) from $5.35/$6.20 to $5.50/$6.35 after the company produced another in a recent series of healthy “beat and raises” that even exceeded our recently raised above…

Celestica (CLS; $173.37; O/P) reported Q2 non-GAAP EPS of $1.39, which beat our $1.32 and was even more comfortably ahead of the Street’s $1.24 on sales of $2,893mm (vs. our $2,800mm and the Street’s $2,680mm)….

We think our above consensus estimates for Celestica (CLS; $162.24; O/P) are very achievable when it reports Q2 results and outlook on Monday, July 28th (after market). Recall, we recently raised our 2025/2026E EPS from…

This morning, Celestica (CLS; $132.95; O/P) announced the launch of its latest enterprise campus switch, which offers up to 220Gbps of switching capacity, and expands on the company’s Hardware Platform Solutions (HPS) portfolio. Recall, HPS…

We are raising our outdated price target on the shares of Celestica (CLS; $120.73; O/P) from $110 to $150 as we increase our 2025/2026E EPS from $5.00/$5.70 to $5.35/$6.20 to better consider a range of…

We are raising our 2025/2026E EPS for Celestica (CLS; $90.97; O/P) from $4.75/$5.35 to $5.00/$5.70, implying more than 20% average EPS growth over the next two years, while staying on the conservative side for possible…

Celestica (CLS; $92.14; O/P) reported Q1 non-GAAP EPS of $1.20, which beat our $1.11 and consensus of $1.12 with solid sales upside ($2,649mm vs. our $2,550mm and the Street’s $2,557mm). Recall, CLS’ Q1 outlook called…