Archived explainer. For the current picture see today's CLS page.
CELESTICA INC (CLS) is up +10.04% in the latest session. Our newswire has captured 18 stories on CLS across 7 sources in the last 36 hours, with AI sentiment reading bullish (avg 65/100).
Celestica Inc. (CLS) surged 10.04% to $350.20 on Monday, driven by a strong earnings report and upgraded guidance that exceeded expectations. The company reported second-quarter adjusted earnings per share of $2.54, surpassing the $2.30 estimate, and revenue of $4.699 billion, beating the $4.389 billion forecast. Celestica also raised its full-year revenue outlook to $20.5 billion and projected $11.30 in adjusted EPS for 2026, citing strong demand from hyperscalers and AI infrastructure.
Celestica delivered record operating margins and double-digit adjusted EPS growth in the second quarter, prompting the company to lift its full-year revenue and earnings guidance. The firm highlighted increased demand for AI compute infrastructure and a strategic deal with OpenAI as key growth drivers for 2027. Stifel, a key analyst firm, raised its price target for Celestica to $500, citing robust demand for AI-related products. The CEO, Robert Mionis, sold shares on three consecutive days in early June, but this did not dampen investor enthusiasm following the earnings beat.
Retail traders on social media platforms noted the company’s strong performance and the potential for further upside in the AI sector. Celestica’s stock has risen 18% over the past eight sessions, reflecting growing confidence in its long-term growth trajectory.
Celestica’s stock is currently trading at a P/E ratio of 38.5, with a market cap of $35.1 billion. Revenue has grown by 36.7% in the trailing twelve months, and the stock is up 10.04% in today’s session. Over the last 36 hours, unusual options activity included 12 notable prints, with $43.2 million in call premium traded and no put premium. The largest single options print was valued at $5.3 million. Celestica’s shares have traded between $164.52 and $474.02 over the past 52 weeks.
Celestica’s next key event will be its third-quarter 2026 earnings report. Investors should also monitor the breadth of analyst coverage and any further upgrades to the stock’s valuation outlook.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
Celestica (CLS) Q2 2026 earnings call recap: record margins, raised Q3/2026 guidance, OpenAI rack deal, and 2027 AI growth drivers—read more.
Celestica Inc. (CLS:CA) Q2 2026 Earnings Call July 28, 2026 8:00 AM EDTCompany ParticipantsMatthew Pallotta - Head of Investor RelationsRobert Mionis - CEO...
Stifel raises Celestica stock price target to $500 on AI demand
Celestica has exceeded its second quarter 2026 guidance with double-digit adjusted EPS growth and record operating margins. The company has raised its full-year outlook and expects accelerated growth in 2027, driven by surging demand for data center and advanced tech solutions.
Celestica (CLS) beat Q2 estimates, raised FY revenue outlook to $20.5B on hyperscaler CapEx and AI demand.
Celestica’s revenue +62% and EPS +83% drive raised FY2026 guidance.
Celestica stock price target maintained at $445 by Stifel on strong results
Celestica's (CLS) stock rises after a Q2 beat and raised outlook as analysts highlight easing supply constraints and accelerating demand.
More on CLS: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier CLS move explainers: 2026-07-29 · 2026-07-28 · 2026-07-27 · 2026-07-16 · 2026-07-13