CLS Price Prediction Next Week
Technical Analysis
CLS has shown strong support at its 50-day moving average around $112. After reaching all-time highs of $144 in early February, the stock experienced a 22% pullback due to the recent AI sector selloff. Current price action suggests a potential consolidation phase.
News Sentiment & Fundamental Drivers
- Strong Q4 2024 results with 21% revenue growth and 58% adjusted EPS growth
- Secured multiple AI-related contracts including 1.6T switching programs with hyperscalers
- Projected revenue growth of 12% in 2025 and 18% in 2026
- Trading at attractive valuations: 23.6X forward P/E (33% discount to 10-year highs)
Price Forecast for Next Week Based on technical indicators and positive fundamental momentum:
- Support levels: $107 (current), $102 (200-day MA)
- Resistance levels: $120, $130, $144 (ATH)
Expected price range: $105-125
Target scenarios:
- Bullish (60% probability): Break above $120, targeting $130
- Neutral (30% probability): Consolidation between $105-115
- Bearish (10% probability): Break below $105, targeting $100
Recommendation: BUY Entry point: Current levels ($107) with stop loss at $102
- Strong fundamental growth story in AI sector
- Attractive valuation metrics
- Technical support at 50-day MA
- Multiple positive catalysts from recent contract wins
CLS Similar Chart Price Prediction
The price of CLS is predicted to go up 5.16%, based on the high correlation periods with USB. The similarity of these two price pattern on the periods is 92.39%.
CLS
USB
Up: 5.16%Similarity: 92.39%
CLS Revenue Forecast
CLS EPS Forecast
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CLS Analyst's Forecast
George Wang
Barclays
Buy
2025-02-13
Price Target
$139 → $157
Upside
+20.92%
Barclays raised the firm's price target on Celestica to $157 from $139 and keeps an Overweight rating on the shares after meeting with management. The firm says the company's momentum continues across switching and custom application-specific integrated circuits compute.
Paul Treiber
RBC Capital
Buy
2025-02-05
Price Target
$140 → $160
Upside
+11.37%
Paul Treiber
RBC Capital
Buy
2025-01-31
Price Target
$115 → $140
Upside
+13.39%
