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Celestica shares drop over 14% post-earnings amid profit-taking and supply chain concerns.

Company Fundamentals
29 Apr 2026
Seeking Alpha
View Source
Bearish
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Celestica Inc. saw its stock fall more than 14% after its Q1 earnings report, despite raising its 2026 guidance and showing strong backlog visibility. The decline reflects investor disappointment due to ongoing supply chain constraints and only modest improvements in operating margins. While partnerships with AMD and Broadcom position Celestica well for AI networking growth, high capital expenditure plans and persistent bottlenecks create uncertainty for the future. The market appears cautious, with investors hesitant to support a forward earnings multiple above 40x, raising the risk of further stock declines.

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