Celestica Raises 2026 Revenue and EPS Guidance
Celestica Inc. has increased its 2026 revenue and adjusted EPS outlook, citing robust demand for AI infrastructure and cloud solutions.
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Celestica Inc. has received approval from the Toronto Stock Exchange to launch a new normal course issuer bid to repurchase up to 3,132,127 of its common shares.
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Celestica Inc. has increased its 2026 revenue and adjusted EPS outlook, citing robust demand for AI infrastructure and cloud solutions.
Celestica has been named among the organizations certified as a Great Place To Work in Malaysia for 2026.
Celestica, a contract electronics manufacturer for AI data centers, reported strong Q3 results with 83% revenue growth and doubled adjusted earnings. The company raised 2026 guidance to $21 billion revenue (69% growth) and projects $40 billion for 2027 (90% growth), outpacing Nvidia's expected 70% growth. Trading at 14x forward earnings, analysts project the stock could reach $660 by 2028, implying 144% upside potential.
Filed: 2026-10-30 AccNo: 0001030894-26-000054 Size: 196 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Stifel has reiterated its Buy rating and $500 price target for Celestica Inc.
Bernstein has lowered its price target for Celestica Inc. to $495 from $520.