Celestica Inc (NYSE: CLS) has seen its stock price drop by 5.01%, hitting a 5-day low, even as the broader market, including the Nasdaq-100 and S&P 500, shows positive gains.
The company forecasts a revenue of $12.2 billion in 2025, reflecting a 26% increase from 2024, driven by strong performance in the AI infrastructure market. Additionally, Celestica anticipates a non-GAAP earnings per share of $5.90 for 2025, indicating robust growth potential. Despite the stock's recent decline, analysts remain optimistic about Celestica's market position and growth trajectory.
This decline in stock price may be attributed to sector rotation, as the overall market trends upward, highlighting a potential disconnect between Celestica's performance and investor sentiment.
Wall Street analysts forecast CLS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLS is 376.73 USD with a low forecast of 305.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast CLS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLS is 376.73 USD with a low forecast of 305.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 345.230
Low
305.00
Averages
376.73
High
440.00
Current: 345.230
Low
305.00
Averages
376.73
High
440.00
BofA
initiated
$400
2026-01-28
New
Reason
BofA
Price Target
$400
AI Analysis
2026-01-28
New
initiated
Reason
BofA initiated coverage of Celestica with a Buy rating and $400 price target. As a "leading provider of white-box switches," Celestica will be a beneficiary of an AI-driven upgrade boom for high-speed data center switches as well as strong growth in custom ASIC accelerated servers, the analyst tells investors. FY27 should be a strong year with many new programs ramping, says the analyst, who expects continued market share gains.
RBC Capital
Outperform
maintain
$400
2026-01-22
Reason
RBC Capital
Price Target
$400
2026-01-22
maintain
Outperform
Reason
RBC Capital reiterated an Outperform rating and $400 price target on Celestica (CLS) following a DigiTimes report claiming that Inventec will gain a larger role in Google (GOOGL) TPU manufacturing. Celestica shares fell following the report, which also said that Inventec intends to significantly increase its AI server production capacity in 2026, the analyst tells investors in a research note. The firm said that the initial drop in Celestica shares was an overreaction, noting it is the firm's understanding that Celestica has maintained the majority of TPU assembly volumes to date due to higher production yields. While competition and share shifts are always risks that may erode Celestica's future growth trajectory, the firm believes Celestica is well positioned to continue to benefit from strong hyperscaler demand momentum through 2027.
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TD Securities
John Shao
Hold
maintain
$305
2026-01-21
Reason
TD Securities
John Shao
Price Target
$305
2026-01-21
maintain
Hold
Reason
TD Securities analyst John Shao kept a Hold rating on Celestica with a $305 price target following a transfer of coverage. The firm sees better than expected Q4 results and consistent execution throughout 2026 for Celestica.
Barclays
Overweight
maintain
$357 -> $359
2025-11-14
Reason
Barclays
Price Target
$357 -> $359
2025-11-14
maintain
Overweight
Reason
Barclays raised the firm's price target on Celestica to $359 from $357 and keeps an Overweight rating on the shares.
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.
