Canaccord Genuity Group Raises Celestica (NYSE:CLS) Price Target to $430.00

Celestica (NYSE:CLS) (TSE:CLS) had its price objective hoisted by Canaccord Genuity Group from $400.00 to $430.00 in a research note issued on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the technology company’s stock. Canaccord Genuity Group’s price target would indicate a potential upside of 44.85% from the company’s current price.

Several other equities research analysts have also recently commented on the company. BMO Capital Markets reissued an “outperform” rating on shares of Celestica in a report on Monday, January 26th. The Goldman Sachs Group increased their target price on shares of Celestica from $340.00 to $440.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Aletheia Capital lifted their target price on Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. TD Cowen restated a “hold” rating on shares of Celestica in a report on Friday. Finally, Citigroup dropped their target price on shares of Celestica from $375.00 to $338.00 and set a “buy” rating on the stock in a research report on Friday. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $356.59.

Celestica Price Performance

Shares of CLS opened at $296.86 on Monday. The stock’s fifty day moving average is $309.75 and its 200-day moving average is $269.90. The firm has a market capitalization of $34.15 billion, a price-to-earnings ratio of 41.35 and a beta of 1.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.47. Celestica has a one year low of $58.05 and a one year high of $363.40.

Insider Buying and Selling at Celestica

In related news, insider Yann L. Etienvre sold 86,229 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total transaction of $24,786,526.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Todd C. Cooper sold 89,484 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $25,722,175.80. Following the sale, the president directly owned 108,970 shares of the company’s stock, valued at $31,323,426.50. This trade represents a 45.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.52% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Celestica

A number of large investors have recently bought and sold shares of CLS. Vanguard Group Inc. lifted its position in shares of Celestica by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock worth $1,423,333,000 after buying an additional 73,022 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Celestica by 471.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after buying an additional 2,596,318 shares during the last quarter. Franklin Resources Inc. lifted its position in Celestica by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,921,417 shares of the technology company’s stock worth $473,386,000 after acquiring an additional 88,212 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Celestica by 17.6% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,733,686 shares of the technology company’s stock valued at $271,045,000 after purchasing an additional 259,504 shares during the last quarter. Finally, Viking Global Investors LP acquired a new position in shares of Celestica during the 3rd quarter worth about $424,459,000. 67.38% of the stock is currently owned by institutional investors.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Strong Q4 performance and upgraded guide: Celestica reported a quarter driven by AI infrastructure demand (revenues and customer-specific metrics materially ahead), and management raised 2026 revenue and EPS outlook — a primary fundamental driver for the rally. Celestica Q4: AI Infrastructure Growth Offsets Higher CAPEX
• Positive Sentiment: Analyst bullishness/price-target lift: Canaccord raised its price target from $400 to $430 and kept a “buy” rating, signaling sizeable upside vs. recent levels and likely helping buying interest. Canaccord price target raise
• Neutral Sentiment: Elevated market/analyst attention: Multiple outlets (Zacks) and analysts are publishing takeaways and reviews of Celestica’s AI-led growth story, which increases visibility and trading volume but is informational rather than catalytic on its own. Zacks: Attracting investor attention
• Neutral Sentiment: Bullish investor commentary: Post‑earnings pieces (including contributors adding on dips) and the company’s earnings presentation are supportive sentiment pieces but reflect individual views rather than new company-level news. Seeking Alpha: Adding on post-earnings dip
• Negative Sentiment: Large insider sales disclosed: President Todd C. Cooper sold 89,484 shares and executive Yann L. Etienvre sold 86,229 shares at about $287.45 each, materially reducing their holdings — a signal some investors view as a caution. Todd C. Cooper SEC filing Yann L. Etienvre SEC filing
• Negative Sentiment: Investor litigation inquiry: Pomerantz LLP has opened an investigation into Celestica on behalf of investors (investor alert), which can create legal overhang and increase short‑term uncertainty. Pomerantz investor alert

Celestica Company Profile

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.