Celestica (NYSE:CLS) Updates Q2 2026 Earnings Guidance
by Amy Steele · The Cerbat GemCelestica (NYSE:CLS – Get Free Report) (TSE:CLS) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.140-2.340 for the period, compared to the consensus earnings per share estimate of 2.100. The company issued revenue guidance of $4.2 billion-$4.5 billion, compared to the consensus revenue estimate of $4.1 billion. Celestica also updated its FY 2026 guidance to 10.150-10.150 EPS.
Celestica Trading Up 3.0%
Shares of CLS traded up $12.22 during mid-day trading on Monday, reaching $422.43. The company’s stock had a trading volume of 3,310,891 shares, compared to its average volume of 2,468,371. The stock has a market cap of $48.57 billion, a PE ratio of 58.83, a P/E/G ratio of 1.23 and a beta of 1.88. The company has a current ratio of 1.44, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. Celestica has a 52 week low of $81.88 and a 52 week high of $423.25. The company’s fifty day moving average price is $305.50 and its two-hundred day moving average price is $305.92.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $2.07 by ($0.12). Celestica had a return on equity of 33.81% and a net margin of 6.72%.Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, analysts predict that Celestica will post 8.5 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
CLS has been the subject of a number of recent research reports. Susquehanna initiated coverage on shares of Celestica in a report on Wednesday, April 1st. They issued a “positive” rating and a $375.00 price objective for the company. Wolfe Research upgraded shares of Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. Zacks Research downgraded shares of Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Canadian Imperial Bank of Commerce lifted their target price on shares of Celestica from $360.00 to $425.00 and gave the stock an “outperformer” rating in a research note on Tuesday, April 14th. Finally, BMO Capital Markets lifted their target price on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $373.89.
Get Our Latest Stock Analysis on CLS
Insider Buying and Selling
In related news, President Todd C. Cooper sold 89,484 shares of Celestica stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $287.45, for a total value of $25,722,175.80. Following the transaction, the president directly owned 108,970 shares of the company’s stock, valued at $31,323,426.50. The trade was a 45.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Jason Phillips sold 100,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the transaction, the president directly owned 12,584 shares in the company, valued at approximately $3,887,449.28. The trade was a 88.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 297,923 shares of company stock valued at $88,027,459 over the last three months. 1.10% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Insigneo Advisory Services LLC increased its position in shares of Celestica by 5.2% during the 4th quarter. Insigneo Advisory Services LLC now owns 947 shares of the technology company’s stock valued at $280,000 after purchasing an additional 47 shares during the last quarter. Lido Advisors LLC increased its position in shares of Celestica by 4.5% during the 4th quarter. Lido Advisors LLC now owns 1,243 shares of the technology company’s stock valued at $367,000 after purchasing an additional 53 shares during the last quarter. Prosperity Wealth Management Inc. raised its stake in Celestica by 1.8% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 3,411 shares of the technology company’s stock worth $840,000 after acquiring an additional 61 shares during the period. Mindset Wealth Management LLC raised its stake in Celestica by 2.8% during the 4th quarter. Mindset Wealth Management LLC now owns 2,407 shares of the technology company’s stock worth $712,000 after acquiring an additional 66 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Celestica by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after acquiring an additional 74 shares during the period. 67.38% of the stock is owned by hedge funds and other institutional investors.
Celestica Company Profile
Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.
The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.