Cormark Has Optimistic Outlook of Celestica Q3 Earnings

Key Points

• Cormark analysts have raised their Q3 2025 earnings estimate for Celestica to $1.29 per share, reflecting a positive sentiment towards the company's financial performance.
• Royal Bank of Canada increased its price target for Celestica from $185.00 to $225.00, highlighting the stock's potential as an "outperform" investment.
• Hedge funds now own approximately 67.38% of Celestica's stock, indicating strong institutional interest in the company.

Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS - Investment analysts at Cormark upped their Q3 2025 earnings estimates for shares of Celestica in a research note issued on Wednesday, July 30th. Cormark analyst J. Pytlak now anticipates that the technology company will post earnings of $1.29 per share for the quarter, up from their prior estimate of $1.12. The consensus estimate for Celestica's current full-year earnings is $4.35 per share. Cormark also issued estimates for Celestica's Q4 2025 earnings at $1.38 EPS, FY2025 earnings at $4.98 EPS, Q1 2026 earnings at $1.40 EPS, Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.66 EPS and FY2026 earnings at $6.16 EPS.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of Celestica from $185.00 to $225.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Celestica from a "hold" rating to a "buy" rating in a research report on Saturday. BMO Capital Markets reiterated an "outperform" rating and issued a $130.00 target price (up previously from $118.00) on shares of Celestica in a research report on Thursday, May 22nd. Citigroup lifted their target price on shares of Celestica from $172.00 to $212.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 30th. Finally, CIBC decreased their target price on shares of Celestica from $150.00 to $120.00 and set an "outperformer" rating on the stock in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $168.92.

Celestica Stock Performance

NYSE CLS opened at $194.84 on Monday. Celestica has a 52-week low of $40.25 and a 52-week high of $214.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44. The company has a market capitalization of $22.40 billion, a P/E ratio of 42.17 and a beta of 1.80. The company has a fifty day moving average of $147.75 and a 200-day moving average of $116.74.

Hedge Funds Weigh In On Celestica

A number of hedge funds have recently modified their holdings of CLS. Wellington Management Group LLP purchased a new position in shares of Celestica in the fourth quarter valued at about $26,965,000. Prudential PLC purchased a new position in shares of Celestica in the fourth quarter valued at about $2,385,000. Darden Wealth Group Inc purchased a new position in shares of Celestica in the fourth quarter valued at about $521,000. FMR LLC increased its position in shares of Celestica by 91.2% in the fourth quarter. FMR LLC now owns 11,688,700 shares of the technology company's stock valued at $1,078,804,000 after acquiring an additional 5,574,342 shares during the period. Finally, Sierra Summit Advisors LLC purchased a new position in shares of Celestica in the fourth quarter valued at about $543,000. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

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