Celestica's stock fell over 35% after the company forecasted nearly doubling its revenue to $40 billion in 2027, driven by strong demand for AI data center hardware. The company leads in custom Ethernet switches and supplies major AI platforms like OpenAI and Google TPU systems. Despite risks from customer concentration and cash flow guidance cuts, Celestica shows strong profitability and growth potential, trading at about 12 times next year's earnings. The CEO expects even higher demand in 2028, supporting continued investment in the stock as a growth play.
Celestica's stock price on Pluang is USD 257.25 as of Nov 03, 2026 21:02 WIB, showing a 1-day gain of 3.22%. The company has a market capitalization of $31.45 billion on the platform. Despite recent volatility, the typical hold time for Celestica shares on Pluang is 34 days, indicating moderate investor interest.
Celestica has raised its FY2026 guidance for the fourth time, reflecting strong growth driven by its role as a key AI and networking supply chain partner. The company is expanding global capacity and securing multi-year partnerships with hyperscalers...
Celestica Inc. announced that the Toronto Stock Exchange has approved its Normal Course Issuer Bid, allowing the company to repurchase up to 3,132,127 common shares, about 2.5% of its public float, from November 3, 2026, to November 2, 2027. The buyb...
