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Celestica beats Q3 expectations with 83% revenue growth, upgrades to Strong Buy on AI demand surge

Company Fundamentals
27 Oct 2026, 17:23 WIB
Seeking Alpha
View Source
Bullish
Celestica beats Q3 expectations with 83% revenue growth, upgrades to Strong Buy on AI demand surge

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 full-year 2026 guidance while providing an optimistic outlook for 2027. Shares jumped 17% after hours as investors reacted to the impressive results and growth potential fueled by accelerating AI capital expenditures. Analysts upgraded Celestica to Strong Buy, highlighting its attractive valuation and significant upside potential from AI-driven expansion and margin improvements.

As of Oct 27, 2026 21:42 WIB, Celestica Inc. shares are trading at USD 270.84 on Pluang, showing a strong 1-day gain of 9.92%. The stock enjoys high investor interest with 98% of order activity on Pluang being buys and a market cap of $31.24 billion. This notable price increase aligns with the positive market sentiment following the company’s upgraded outlook and strong quarterly performance.

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