CLS Stock Recent News

Celestica Q2: Blowout Earnings Restore Bullish Case

Celestica (NYSE:CLS) has recently been experiencing significant growth — the stock has risen 80% year-to-date and has more than tripled in value over the past year. What factors are contributing to this increase?

Celestica Revenue Jumps 21 Percent in Q2

Celestica (CLS) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $0.91 per share a year ago.

(All amounts in U.S. dollars) Q2 2025 revenue and adjusted EPS* above the high end of our guidance ranges; Raising 2025 annual outlook TORONTO, July 28, 2025 (GLOBE NEWSWIRE) -- Celestica Inc.1 (TSX and NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended June 30, 2025 (Q2 2025). Q2 2025 Highlights Revenue: $2.89 billion, increased 21% compared to $2.39 billion for second quarter of 2024 (Q2 2024).

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

The latest trading day saw Celestica (CLS) settling at $163.98, representing a -2.85% change from its previous close.

From a technical perspective, Celestica (CLS) is looking like an interesting pick, as it just reached a key level of support. CLS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

CLS eyes another earnings beat as AI demand and new product momentum drive strength in key growth segments.

Celestica (CLS) is well positioned to outperform the market, as it exhibits above-average growth in financials.