Celestica Inc. (CLS)

We raise our 2026/2027E EPS for Celestica (CLS; $361.54; O/P) from an already robust $8.75/$12.50 to now assume at least $10.15/$14.55, after the company produced a healthy Q1 EPS “beat and raise”. Admittedly, Q1 upside…

We reiterate our Outperform and raise our target from $400 to $475 on the shares of Celestica (CLS; $401.34) ahead of its Q1 results, scheduled for next Monday (4/27 after market). We note recent data…

We reiterate our Outperform and $400 target on the shares of Celestica (CLS; $273.58) after hosting an investor meeting earlier this week at OFC in Los Angeles, where we met with the IR team, including…

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…