Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
Celestica Inc. (CLS) stock reached a remarkable milestone, hitting an all-time high of $257.4, with the company now commanding a substantial market capitalization of $29.47 billion. According to InvestingPro data, analysts maintain a bullish stance with price targets ranging from $208 to $295. This achievement underscores a significant year of growth for the company, with its stock price surging by an impressive 435.43% over the past year, supported by robust revenue growth of 20.52%. The substantial increase reflects investor confidence and positive market sentiment surrounding Celestica’s performance and future prospects. This all-time high demonstrates the company’s strong position in the market and its ability to capitalize on opportunities within its industry. InvestingPro analysis reveals the company maintains a "GREAT" financial health score, though current valuations suggest the stock may be trading above its Fair Value. Discover 20+ additional exclusive insights and detailed analysis in the Pro Research Report.
In other recent news, Celestica reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations with an adjusted earnings per share of $1.39 compared to the forecasted $1.23. The company achieved revenue of $2.89 billion, an 8.24% increase over the anticipated $2.67 billion. Following these results, Celestica revised its full-year guidance upward, projecting revenue of $11.55 billion and adjusted EPS of $5.50. In response to these positive outcomes, RBC Capital raised its price target for Celestica to $225, citing robust demand from hyperscalers. Similarly, Stifel increased its price target to $230, highlighting demand driven by artificial intelligence. Additionally, Celestica announced the appointment of Chris Colpitts to its Board of Directors, expanding the board to nine members. Colpitts brings two decades of experience in the technology, media, and telecommunications sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.