What is Cormark's Forecast for Celestica Q1 Earnings?

Key Points

• Cormark has raised their Q1 2026 earnings estimate for Celestica to $1.49 per share, up from $1.40, indicating positive expectations for the company.
• Multiple research firms have increased their price targets for Celestica, with BMO Capital Markets setting a target as high as $300.00 and maintaining an "outperform" rating.
• Celestica's recent quarterly earnings surpassed expectations, reporting $1.39 EPS against a consensus estimate of $1.23, which reflects a growth in revenue by 21.0% compared to the same quarter last year.

Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS - Equities researchers at Cormark increased their Q1 2026 earnings estimates for shares of Celestica in a research report issued on Tuesday, October 21st. Cormark analyst J. Pytlak now forecasts that the technology company will post earnings of $1.49 per share for the quarter, up from their previous estimate of $1.40. The consensus estimate for Celestica's current full-year earnings is $4.35 per share.

A number of other research firms have also recently issued reports on CLS. BMO Capital Markets upped their price target on shares of Celestica from $230.00 to $300.00 and gave the company an "outperform" rating in a report on Tuesday, October 14th. Citigroup upped their price target on shares of Celestica from $172.00 to $212.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. Barclays upped their price target on shares of Celestica from $146.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. Weiss Ratings restated a "buy (b)" rating on shares of Celestica in a report on Wednesday, October 8th. Finally, TD Securities cut shares of Celestica from a "buy" rating to a "hold" rating and upped their price target for the company from $130.00 to $238.00 in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $249.36.

Celestica Stock Up 4.5%

CLS stock opened at $283.00 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. Celestica has a 52-week low of $58.05 and a 52-week high of $296.85. The company has a 50-day moving average of $236.36 and a two-hundred day moving average of $168.10. The stock has a market capitalization of $32.55 billion, a price-to-earnings ratio of 61.26 and a beta of 1.88.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last released its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.16. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. Celestica's quarterly revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB raised its position in shares of Celestica by 42.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company's stock valued at $31,000 after buying an additional 37 shares during the last quarter. Golden State Wealth Management LLC increased its stake in Celestica by 102.5% in the second quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company's stock valued at $26,000 after acquiring an additional 83 shares during the period. McIlrath & Eck LLC increased its stake in Celestica by 43.3% in the third quarter. McIlrath & Eck LLC now owns 182 shares of the technology company's stock valued at $45,000 after acquiring an additional 55 shares during the period. Hilltop National Bank increased its stake in Celestica by 86.0% in the third quarter. Hilltop National Bank now owns 186 shares of the technology company's stock valued at $46,000 after acquiring an additional 86 shares during the period. Finally, ST Germain D J Co. Inc. bought a new stake in Celestica in the second quarter valued at about $37,000. Institutional investors and hedge funds 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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