Celestica Inc., together with its subsidiaries, provides supply chain solutions in Asia, North America, and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity and 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, mechanical assembly, systems integration, precision machining, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services, including open-source software that can be used as-is or customized for specific applications; and management of program, including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, and cloud-based and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, communications, and enterprise markets. The company has a strategic collaboration with Advanced Micro Devices, Inc. for the development of Helios, a rack-scale AI platform. The company was incorporated in 1994 and is headquartered in Toronto, Canada.
Balancing Opportunity & Risk | Delve into Celestica's competitive advantages in high-barrier AI hardware markets while understanding potential challenges from lower profitability margins compared to peers like Arista Networks. |
Analyst Confidence | Price targets have surged from $126 to $375 between April and November 2025, with Citi upgrading from Neutral to Buy and Barclays maintaining an Overweight rating throughout. |
Impressive Growth Trajectory | The company has exceeded market expectations with strong Q3 2025 results, prompting raised guidance for FY25 and introducing FY26 projections that surpass analyst forecasts on revenue and earnings. |
AI Infrastructure Edge | Celestica's strategic positioning in AI infrastructure and ethernet switching places it at the forefront of hyperscale growth, with US cloud provider capex projected to rise 40% in 2026. |

Metrics to compare | CLS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCLSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 53.3x | 33.1x | 12.7x | |
PEG Ratio | 0.54 | 2.21 | 0.01 | |
Price / Book | 20.0x | 5.5x | 2.4x | |
Price / LTM Sales | 3.6x | 1.1x | 2.3x | |
Upside (Analyst Target) | −1.3% | 0.0% | 26.9% | |
Fair Value Upside | Unlock | −29.3% | 3.4% | Unlock |