FY2026 Earnings Estimate for Celestica Issued By Scotiabank

Key Points

• Scotiabank forecasts strong future earnings for Celestica, estimating FY2026 EPS of $10.69 and FY2027 EPS of $19.25. The firm maintains a “Sector Outperform” rating with a $500 price target, above the analyst consensus target of $438.86.
• Celestica’s latest quarter exceeded expectations, with EPS of $2.54 versus the $2.29 consensus and revenue of $4.68 billion, up 62.4% year over year. The company provided FY2026 EPS guidance of $11.30.
• Analyst sentiment remains broadly positive, with 21 of 23 analysts rating the stock Buy or Strong Buy. However, company insiders have sold 356,553 shares worth approximately $135.2 million over the past three months.

Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS - Scotiabank issued their FY2026 EPS estimates for shares of Celestica in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst K. Krishnaratne anticipates that the technology company will post earnings per share of $10.69 for the year. Scotiabank currently has a "Sector Outperform" rating and a $500.00 target price on the stock. The consensus estimate for Celestica's current full-year earnings is $9.97 per share. Scotiabank also issued estimates for Celestica's FY2027 earnings at $19.25 EPS.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The company had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the business earned $1.39 earnings per share. The firm's quarterly revenue was up 62.4% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS.

Several other research analysts also recently commented on CLS. Susquehanna lifted their price target on shares of Celestica from $460.00 to $510.00 and gave the stock a "positive" rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on shares of Celestica from $445.00 to $485.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Zacks Research upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 26th. BWS Financial reiterated a "buy" rating on shares of Celestica in a research report on Tuesday, July 28th. Finally, BMO Capital Markets boosted their price target on shares of Celestica from $370.00 to $450.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Celestica currently has an average rating of "Moderate Buy" and an average target price of $438.86.

Celestica Price Performance

Shares of Celestica stock opened at $302.45 on Friday. The firm has a market capitalization of $34.78 billion, a PE ratio of 31.44 and a beta of 2.06. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. Celestica has a 12 month low of $179.01 and a 12 month high of $474.02. The business's 50-day moving average price is $343.11 and its 200-day moving average price is $335.43.

Insider Buying and Selling

In related news, CFO Mandeep Chawla sold 16,117 shares of the company's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the sale, the chief financial officer directly owned 65,444 shares in the company, valued at $24,169,778.08. This represents a 19.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert Mionis sold 23,496 shares of the firm's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the completion of the sale, the chief executive officer directly owned 23,396 shares in the company, valued at approximately $8,478,476.44. This trade represents a 50.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 356,553 shares of company stock valued at $135,238,444. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Celestica by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company's stock valued at $1,423,333,000 after buying an additional 73,022 shares during the period. JPMorgan Chase & Co. boosted its holdings in Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company's stock valued at $1,187,650,000 after acquiring an additional 798,782 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Celestica by 5,806,149.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company's stock worth $1,081,323,000 after purchasing an additional 3,657,874 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company's stock worth $673,471,000 after buying an additional 356,797 shares during the period. Finally, Cibc World Market Inc. increased its stake in shares of Celestica by 30.6% during the fourth quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company's stock valued at $670,279,000 after purchasing an additional 530,535 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company's stock.

About Celestica

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.

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