CLS
Celestica Inc.

Celestica Inc.CLS

Technology · Electronic Components
356.09USD
+3.39%
Sep 23, 2026
CLS overview ready
Key Outsourced Manufacturer Enabling AI Fabric Networking and Optical Interconnect
Celestica is a design, manufacturing, systems-integration, and supply-chain enabler for hyperscale data-center hardware.
Strong narrative exposure
Exposed to the AI Compute Infrastructure Buildout narrative through AI Fabric Networking and Optical Interconnect — enabling supplier.
Advancing price action
Longer-term context reads extended trend, with a near-term setup of daily reclaim.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Exposure to technology sector demand volatility.
Market Sep 22Filing Jun 30Price action Sep 22Research Aug 30

Conviction Level

NarrativeHeat9.5ThemeHeat9.1PriceAction8.0Valuation4.1CompanyPosition7.3
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads extended trend, with a near-term setup of daily reclaim.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$40.9B
Avg Volume (60D)
2.7M
60 sessions
Revenue Growth YoY
+28.5%
FY2025 vs FY2024
Gross Margin
+12.0%
Trailing twelve months
Operating Margin
+8.8%
Trailing twelve months
Free Cash Flow Yield
+1.3%
Distance from 200DMA
+8.2%
Next Earnings
2026-10-26
P/E
36.7x
EV / EBITDA
26.7x
EV / Sales
2.6x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say fair; peers is the dissenting view.
Celestica Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Celestica is a design, manufacturing, systems-integration, and supply-chain enabler for hyperscale data-center hardware.
Opportunity
Moderate opportunity
Hyperscaler and AI-service-provider spending on high-bandwidth Ethernet switching, optical connectivity, and integrated systems required to scale accelerator clusters and rack-level AI infrastructure.
Key risk
Exposure to technology sector demand volatility.

Narrative & Theme

AI Compute Infrastructure Buildout
Part of AI Fabric Networking and Optical Interconnect, with strong fit.
CLS has direct revenue exposure to hyperscaler AI infrastructure deployment rather than merely broad technology-sector adjacency: its CCS portfolio includes data-center networking switches, optical systems, racks, servers, and storage, and management identifies 800G, 1.6T networking and AI/ML compute programs as active data-center opportunities.
Narrative HeatHot9.5 / 10
Theme HeatHot9.1 / 10

Business & Markets

Technology · Electronic Components
What they do

Celestica Inc. provides supply chain solutions including product manufacturing, engineering, and logistics services across Asia, North America, and internationally through its two segments: Advanced Technology Solutions and Connectivity and Cloud Solutions.

How it earns

The company generates revenue primarily through project-based manufacturing and supply chain service contracts.

Products & services
Design and development
Electronics manufacturing and assembly
Component sourcing
Testing
Logistics
After-market repair
Customers & end markets
Technology companies
Cloud service providers
Market position

Celestica is a mid-tier player in the electronic components manufacturing and supply chain services industry.

Demand drivers
Medium cyclicality

Business is influenced by technology sector demand cycles and capital expenditure trends in cloud and connectivity markets.