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Celestica Jumps 17.6% Premarket as Q3 Results Beat Guidance and 2027 Revenue Outlook Surges

Celestica (NYSE: CLS) shares jumped about 17.6% in premarket trading after the company reported third-quarter 2026 revenue and adjusted EPS above the high end of its guidance and issued an exceptionally strong initial outlook for 2027.

Third-quarter revenue surged 83% year over year to $5.83 billion, while adjusted EPS more than doubled to $3.30 from $1.58. Adjusted operating margin expanded to a record 8.5% from 7.6%.

Growth was led by the Connectivity & Cloud Solutions segment, where revenue jumped 102% to $4.87 billion. Hardware Platform Solutions revenue rose about 70%, while the Advanced Technology Solutions segment grew 23%.

Management raised its 2026 outlook to $21.0 billion of revenue and $11.55 of adjusted EPS, up from prior expectations of $20.5 billion and $11.30. Free cash flow guidance was reduced to $460 million from $600 million, primarily because of working-capital investments to support faster growth.

The biggest catalyst appears to be the 2027 outlook. Celestica expects revenue of $40.0 billion, representing about 90% growth, adjusted EPS of $21.50 and an adjusted operating margin of 9.0%. Management said demand from hyperscalers and frontier AI labs remains very robust, with customer forecasts for 2028 meaningfully above the 2027 revenue outlook.

The 17.6% premarket rally therefore appears to reflect both the Q3 beat and a major upward reset in growth expectations as AI infrastructure demand accelerates.
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Author
The Investor 10-27-26
Celestica Stock Rises 3.3% in Premarket After Blowout Q2 Results and Higher 2026 Outlook

Celestica (NYSE: CLS) shares rose about 3.3% in premarket trading after the electronics manufacturing and data center infrastructure provider reported second-quarter results that exceeded guidance across the board and significantly raised its full-year outlook.

The company posted second-quarter revenue of $4.70 billion, up 62% from a year earlier and well above its guidance range of $4.15 billion to $4.45 billion. Adjusted EPS climbed to $2.54 from $1.39 a year ago, also surpassing the high end of management's guidance. Adjusted operating margin expanded to a record 8.2%, reflecting strong operating leverage and execution.

Management attributed the strong performance to accelerating demand for AI infrastructure, improved component availability, and robust customer spending across its data center business. The Connectivity & Cloud Solutions segment led the way, with revenue surging 84% year over year to $3.81 billion, while the Advanced Technology Solutions segment grew 8%.

Following the stronger-than-expected quarter, Celestica raised its 2026 outlook across all key financial metrics. The company now expects full-year revenue of $20.5 billion, up from its previous forecast of $19.0 billion, while adjusted EPS guidance increased to $11.30 from $10.15. Management also raised its adjusted operating margin target to 8.4% and boosted its free cash flow outlook to $600 million.

Looking beyond this year, management struck an even more optimistic tone, stating that revenue growth is expected to accelerate further in 2027, exceeding the approximately 65% growth anticipated for 2026. The company also expects adjusted EPS to grow faster than revenue next year as margins continue to expand.

The strong earnings beat, substantial guidance increase, and exceptionally bullish commentary on AI-driven demand appear to be driving today's premarket gains. Investors also welcomed management's growing confidence in customer demand and long-term visibility, reinforcing Celestica's position as one of the leading beneficiaries of the ongoing AI infrastructure investment cycle.
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Author
European Investor 07-28-26
BCE Inc. and Celestica announced a collaboration to develop sovereign AI infrastructure in Canada, aimed at supporting government and regulated industries.

The partnership combines Bell’s AI Fabric platform, including its fiber network, data centers, and cloud capabilities, with Celestica’s hardware manufacturing and supply chain expertise. The initiative is designed to enable secure, domestically controlled AI deployments, ensuring sensitive data remains within Canada.

The companies said the collaboration will help build a trusted AI ecosystem with local infrastructure and supply chains, strengthening Canada’s position in AI development and deployment.

Source: BCE Inc.
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Author
European Investor 04-24-26

VantagePoint A.I. Stock of the Week Celestica ($CLS) - VantagePoint $CLS

This week's ai stock spotlight is Celestica ($CLW) When you trace the arc of Celestica Inc., it feels like a blueprint for corporate reinvention in the modern tech economy. Originally formed as a subsidiary within IBM's hardware division

(vantagepointsoftware.com)
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Author
Global Finance News 07-31-25