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Home/News Feed/Celestica raises 2026 revenue forecast by $2B but keeps free cash flow guidance steady at $500M.
CLS
$362.16
+$5.63 +1.58%

Celestica raises 2026 revenue forecast by $2B but keeps free cash flow guidance steady at $500M.

Company Fundamentals
29 Apr 2026
Seeking Alpha
View Source
Bullish
Celestica raises 2026 revenue forecast by $2B but keeps free cash flow guidance steady at $500M.

Celestica's management increased its revenue guidance for fiscal year 2026 by $2 billion, signaling growth expectations. However, the free cash flow (FCF) guidance remains unchanged at $500 million, with capital expenditures (CapEx) also steady at $1 billion. The pressure on FCF is likely due to increased working capital needs rather than operational issues. Despite a recent 15% stock drop following Q1 results, the company’s bullish outlook depends on strong demand for 800G technology, upcoming AMD Helios projects, and significant ramp-up of 1.6T programs in 2027.

More News (CLS)

Celestica grows AI business with partners like AMD and Google, targeting $27B revenue by 2027.

Celestica grows AI business with partners like AMD and Google, targeting $27B revenue by 2027.

Celestica is expanding its AI and custom chip opportunities through partnerships with major players like AMD and Google, positioning itself as a key partner beyond traditional hyperscaler projects. Despite concerns about hyperscaler capital expenditu...

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