Celestica reported an 83% year-over-year revenue increase and a 109% rise in earnings per share for Q3, surpassing analyst expectations. The company raised its 2027 revenue guidance to $40 billion and non-GAAP EPS to $21.5 but anticipates negative free cash flow that year due to significant working capital investments. Despite strong earnings growth, cash flow conversion is weakening, supported mainly by receivables sales and payables growth that only matches inventory increases. The analyst maintains a 'Hold' rating, citing cheap valuation on future earnings but concerns over cash generation, customer concentration, and cash flow risks.
Celestica Inc shares rose 8.79% to USD 300.33 as of Oct 29, 2026 01:11 WIB on Pluang. The stock trades below its 52-week high of USD 472.40 but above the 52-week low of USD 246.40. Trading volume was 8,074,213 with a nearly even split between sell and buy orders, reflecting mixed investor sentiment.
Celestica Inc. reported a strong third quarter with 83% year-over-year revenue growth, driven by rising demand for AI infrastructure and strong performance in its CCS segment. The company exceeded both revenue and earnings expectations and raised its...
Recent earnings reports from Celestica, Cadence Design Systems, and Rambus reveal that demand for artificial intelligence technology remains strong. However, Goldman Sachs highlights that the critical issue now is the market's willingness to provide ...
Celestica announced Q3 2026 revenue of $5.83 billion, up 83% year-over-year, with adjusted EPS doubling to $3.30. The company raised its 2026 revenue outlook to $21 billion and forecasted 2027 revenue of $40 billion, driven by strong demand in AI and...
