Celestica: The Unsung AI Champion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2024
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Should l Buy CLS?
Source: SeekingAlpha
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Analyst Views on CLS
Wall Street analysts forecast CLS stock price to fall
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 401.120
Low
330.00
Averages
387.38
High
440.00
Current: 401.120
Low
330.00
Averages
387.38
High
440.00
About CLS
Celestica Inc. is engaged in designing, manufacturing and providing hardware platform and supply chain solutions. It delivers supply chain solutions globally to customers in two operating segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of its ATS end market and comprises its Aerospace & Defense (A&D), Industrial, HealthTech, and Capital Equipment businesses. Its Capital Equipment business comprises its semiconductor, display, and robotics equipment businesses. The CCS segment consists of its communications and enterprise end markets. The enterprise end market consists of Celestica’s servers and storage businesses. It offers a range of product manufacturing and related supply chain services to customers in both of its segments, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, systems integration, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ASML Reports Strong Q1, Raises 2026 Revenue Guidance Amid AI Demand
- Significant Revenue Growth: ASML's Q1 2026 revenue surged nearly 14% year-over-year to €8.8 billion, approaching the upper end of its guidance, indicating a robust rebound in AI demand that further solidifies its leadership in the semiconductor industry.
- Optimistic Outlook: The management raised its 2026 revenue guidance to between €36 billion and €40 billion, up from the previous range of €34 billion to €39 billion, reflecting a sustained optimistic outlook on demand for advanced memory and logic chips.
- Capacity Expansion Plans: ASML expects to ship 25% more low-NA EUV chips this year compared to 2025, with a projected 33% increase next year, which will provide strong support for the company's future earnings growth and help its stock price continue to rise in 2026.
- Wider Industry Impact: ASML's strong performance not only benefits itself but also boosts other AI infrastructure companies like Celestica and Vertiv, which are experiencing significant demand for data center technology and power management solutions due to increased AI investments.
See More
CELESTICA INC: SUSQUEHANNA INCREASES TARGET PRICE FROM $375 TO $460
Company Overview: Celestica, a global leader in manufacturing and supply chain solutions, has raised its target price significantly.
Target Price Increase: The target price for Celestica has been increased to $460 from a previous $375, indicating strong market confidence.
See More
CELESTICA INC: TD COWEN INCREASES TARGET PRICE FROM $330 TO $350
Company Overview: Celestica Inc. is a global leader in providing innovative supply chain solutions and manufacturing services.
Recent Price Adjustment: The company has raised its target price to $350 from a previous $330, indicating positive market expectations.
See More
CELESTICA INC: TD COWEN INCREASES TARGET PRICE FROM $330 TO $350
- Company Announcement: Celestica has raised its target price to $350 from a previous $330.
- Market Impact: This adjustment reflects the company's positive outlook and potential growth in the market.
See More
Celestica to Release Q1 2026 Financial Results
- Earnings Release Schedule: Celestica is set to release its Q1 2026 financial results after market close on April 27, 2026, which is expected to provide key financial metrics and operational data, aiding investors in assessing the company's current financial health.
- Conference Call Timing: The company will host a conference call on April 28, 2026, at 8:00 AM ET, during which management will interpret the earnings report and answer investor questions, enhancing transparency and boosting investor confidence.
- Live Webcast Participation: Participants can join the live webcast via the company’s website link, ensuring broad investor engagement and reflecting the company's commitment to shareholder communication.
- Recording Playback Availability: For those unable to participate in real-time, a recorded playback will be available approximately two hours after the call concludes, further enhancing information accessibility and ensuring all investors can stay informed about company developments.
See More
Celestica Chairman Retires; New Appointments Announced
- Chairman Retirement: Celestica announced the immediate retirement of Chairman Michael Wilson, marking a significant shift in corporate governance that is expected to influence the company's future strategic direction.
- New Chairman Appointed: CEO Rob Mionis takes over as Chairman, indicating the company's commitment to maintaining its leadership in high-growth technology sectors while enhancing its ability to execute long-term strategies.
- Independent Director Appointment: Laurette Koellner has been appointed as Lead Independent Director, pledging to continue promoting strong corporate governance and ensuring transparency and effectiveness in board decisions.
- New Board Member: David Reeder, CEO of Entegris, joins Celestica's board, bringing extensive financial and technical management experience that is expected to bolster the company's competitiveness in the AI-driven demand landscape.
See More
ASML Reports Strong Q1, Raises 2026 Revenue Guidance Amid AI Demand
- Significant Revenue Growth: ASML's Q1 2026 revenue surged nearly 14% year-over-year to €8.8 billion, approaching the upper end of its guidance, indicating a robust rebound in AI demand that further solidifies its leadership in the semiconductor industry.
- Optimistic Outlook: The management raised its 2026 revenue guidance to between €36 billion and €40 billion, up from the previous range of €34 billion to €39 billion, reflecting a sustained optimistic outlook on demand for advanced memory and logic chips.
- Capacity Expansion Plans: ASML expects to ship 25% more low-NA EUV chips this year compared to 2025, with a projected 33% increase next year, which will provide strong support for the company's future earnings growth and help its stock price continue to rise in 2026.
- Wider Industry Impact: ASML's strong performance not only benefits itself but also boosts other AI infrastructure companies like Celestica and Vertiv, which are experiencing significant demand for data center technology and power management solutions due to increased AI investments.
See More
CELESTICA INC: SUSQUEHANNA INCREASES TARGET PRICE FROM $375 TO $460
Company Overview: Celestica, a global leader in manufacturing and supply chain solutions, has raised its target price significantly.
Target Price Increase: The target price for Celestica has been increased to $460 from a previous $375, indicating strong market confidence.
See More
CELESTICA INC: TD COWEN INCREASES TARGET PRICE FROM $330 TO $350
Company Overview: Celestica Inc. is a global leader in providing innovative supply chain solutions and manufacturing services.
Recent Price Adjustment: The company has raised its target price to $350 from a previous $330, indicating positive market expectations.
See More
CELESTICA INC: TD COWEN INCREASES TARGET PRICE FROM $330 TO $350
- Company Announcement: Celestica has raised its target price to $350 from a previous $330.
- Market Impact: This adjustment reflects the company's positive outlook and potential growth in the market.
See More
Celestica to Release Q1 2026 Financial Results
- Earnings Release Schedule: Celestica is set to release its Q1 2026 financial results after market close on April 27, 2026, which is expected to provide key financial metrics and operational data, aiding investors in assessing the company's current financial health.
- Conference Call Timing: The company will host a conference call on April 28, 2026, at 8:00 AM ET, during which management will interpret the earnings report and answer investor questions, enhancing transparency and boosting investor confidence.
- Live Webcast Participation: Participants can join the live webcast via the company’s website link, ensuring broad investor engagement and reflecting the company's commitment to shareholder communication.
- Recording Playback Availability: For those unable to participate in real-time, a recorded playback will be available approximately two hours after the call concludes, further enhancing information accessibility and ensuring all investors can stay informed about company developments.
See More
Celestica Chairman Retires; New Appointments Announced
- Chairman Retirement: Celestica announced the immediate retirement of Chairman Michael Wilson, marking a significant shift in corporate governance that is expected to influence the company's future strategic direction.
- New Chairman Appointed: CEO Rob Mionis takes over as Chairman, indicating the company's commitment to maintaining its leadership in high-growth technology sectors while enhancing its ability to execute long-term strategies.
- Independent Director Appointment: Laurette Koellner has been appointed as Lead Independent Director, pledging to continue promoting strong corporate governance and ensuring transparency and effectiveness in board decisions.
- New Board Member: David Reeder, CEO of Entegris, joins Celestica's board, bringing extensive financial and technical management experience that is expected to bolster the company's competitiveness in the AI-driven demand landscape.
See More
