Zacks.com users have recently been watching Celestica (CLS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Celestica (CLS) could produce exceptional returns because of its solid growth attributes.
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' beneficiary status during the ongoing AI and data center boom is undeniable, with the growing hyperscaler capex already flowing into its expanding top/ bottom-lines. The management has further fed the frenzy with the raised FY2025 guidance for the fourth time and the outsized FY2026 guidance. CLS' ability to capitalize on the ASIC segment have been observed in the improved pricing power and the CCS segment increasingly being a growth driver.
Celestica (CLS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Five AI-fueled stocks, VRT, MIR, FIX, CLS and GLW, surge after strong Q3 results, signaling lasting momentum in the AI boom.
Celestica (CLS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
CLS surges as its AI data center business becomes the company's fastest-growing segment, fueled by soaring demand for high-performance compute infrastructure.
Celestica CEO Rob Mionis gave his take on the artificial intelligence boom in a Tuesday interview with CNBC's Jim Cramer. Mionis explained how his company designs and manufactures infrastructure that enables AI.
CLS posts triple-digit profit growth and raises full-year outlook after Q3 earnings and revenue beat.
Celestica (CLS) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.04 per share a year ago.
Celestica's strong sales outlook, AI-focused innovations, and robust supply chain position CLS for potential upside ahead of its Q3 earnings.