{"id":31566,"date":"2026-10-29T19:26:35","date_gmt":"2026-10-29T19:26:35","guid":{"rendered":"https:\/\/pettysackingforum.com\/?p=31566"},"modified":"2026-10-29T19:26:35","modified_gmt":"2026-10-29T19:26:35","slug":"celestica-stock-is-going-parabolic-after-earnings-how-high-can-it-make","status":"publish","type":"post","link":"https:\/\/pettysackingforum.com\/?p=31566","title":{"rendered":"Celestica stock is going parabolic after earnings: how high can it make?"},"content":{"rendered":"
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Celestica stock is flying in the premarket today, as investors cheered its financial results, which showed that its growth accelerated amid the ongoing AI boom. It jumped by over 26%, making it one of the best-performing companies in Wall Street. The rebound helped to pare back some of the losses it made a few weeks ago. <\/p>\n

Celestica\u2019s business is firing on all cylinders<\/h2>\n

Celestica, a top Canadian technology company, is firing on all cylinders as the artificial intelligence boom continues. Its results, published on Monday, showed that its revenue jumped by 83% to $5.83 billion. It had made $3.19 billion in the same period last year.<\/p>\n

Celestica has benefited from the rising demand from hyperscalers like Apple and Amazon, which are investing heavily in the AI industry. <\/p>\n

The company\u2019s profits surged, with the earnings-per-share (EPS) rising to $3.26 from $2.31 in the same period last year. Most importantly, the company expects that its annual earnings will be much better than expected. <\/p>\n

Analysts were expecting its annual revenue to be $20.6 billion, followed by $35.7 billion in 2027. In contrast, the management\u2019s guidance is that its revenue will jump to over $40 billion next year, a figure that the company expects. <\/p>\n

Similarly, Celestica believes that its fourth-quarter revenue will be between $6.27 billion and $6.57 billion. The guidance was also higher than the average estimate $5.47 billion. <\/p>\n

Celestica\u2019s profits are also expected to keep growing, with the earnings-per-share (EPS) rising to $2.96. <\/p>\n

These earnings and guidance makes Celestica one of the fastest-growing companies in the world. For example, if its annual revenue comes in at $40 billion next year, it will mark an approximately 82% growth rate. <\/p>\n

These numbers make Celestica one of the most undervalued companies in the industry. The company has a forward price-to-earnings ratio of 23.2, slightly higher than the sector median of 21.6. It is also modestly higher than the five-year average of 19. <\/p>\n

These factors explain why analysts have turned bullish<\/a> on the company. BMO Capital hiked its target to $400, while RBC has risen its target to $450. TD and UBS have a target price of $430. <\/p>\n

Celestica stock price technical analysis<\/h2>\n
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CLS stock chart | Source: TradingView<\/em><\/p>\n

The daily chart shows that the CLS stock price peaked at $472 in June this year and then started a bearish trend, eventually moving to $244 on Monday. Its lowest level this week coincided with its lowest swings in March.<\/p>\n

The stock has remained below the 50-day and 200-day Exponential Moving Averages (EMA). This retreat happened as investors dumped companies in the artificial intelligence industry amid fears of an AI bubble. <\/p>\n

The stock then bounced back to $286 after publishing its financial results. This price coincided with the weak, stop & reverse level of the Murrey Math Lines tool. <\/p>\n

Therefore, the most likely scenario is where the stock continues rising in the near future, eventually reaching the psychological level of $300. The stock will then remain under pressure as long as the AI jitters are there.<\/p>\n

The post Celestica stock is going parabolic after earnings: how high can it make?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Celestica stock is flying in the premarket today, as investors cheered its financial results, which showed that its growth accelerated amid the ongoing AI boom. It jumped by over 26%, making it one of the best-performing companies in Wall Street. The rebound helped to pare back some of the losses it made a few weeks […]<\/p>\n","protected":false},"author":1,"featured_media":31567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-31566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"_links":{"self":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31566"}],"version-history":[{"count":0,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/media\/31567"}],"wp:attachment":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}