CLS Stock Recent News
CLS LATEST HEADLINES
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
CLS appears to be treading in the middle of the road and new investors could be better off if they trade with caution.
In the most recent trading session, Celestica (CLS) closed at $79.06, indicating a +0.32% shift from the previous trading day.
Celestica (CLS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Recently, Zacks.com users have been paying close attention to Celestica (CLS). This makes it worthwhile to examine what the stock has in store.
Celestica's revenue rose 21% year-over-year to $9.65B, fueled by CCS growth; FCF jumped 50% amid buybacks and low leverage, indicating strong fundamentals. HPS design capabilities expand margins, forging durable ties across AI, defense, and data centers, with multi-year production programs reinforcing stability. Risks include Thailand/China exposure, big-customer reliance, and AI capex cycles, yet Celestica's outlook remains bullish with ~30% upside potential.
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CCNE, NATL, CLS, THFF and HTB have been added to the Zacks Rank #1 (Strong Buy) List on March 19, 2025.
Celestica is my top AI Connectivity pick for 2025 due to booming AI business, strong management, and increased hyperscaler capex towards its cloud communication products. Celestica's CCS segment saw massive demand in 2024 with increasing market share, leading to upgraded 2025 revenue targets of $10.7 billion, driven by its Ethernet-based switches. Despite thin margins, Celestica's pivot to design and solution partnerships is enhancing margins and positioning the company for long-term rewards.
Recently, Zacks.com users have been paying close attention to Celestica (CLS). This makes it worthwhile to examine what the stock has in store.