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Celestica Inc . (NYSE:CLS) stock has reached an all-time high, hitting 145.61 USD, with a market capitalization now exceeding $16.5 billion. According to InvestingPro analysis, the stock appears overvalued at current levels, with technical indicators suggesting overbought conditions. This milestone reflects a significant surge in the company’s stock performance over the past year. Celestica (TSX:CLS)’s stock has experienced a remarkable 160.11% increase over the past 12 months, supported by robust revenue growth of 21.05% and earning a "GREAT" financial health score from InvestingPro. This performance places Celestica among the top performers in its sector, as the company continues to capitalize on favorable market conditions and strategic initiatives. The achievement of this all-time high marks a notable moment for Celestica and its stakeholders. For deeper insights into CLS’s valuation and growth potential, including 19 additional ProTips and comprehensive financial metrics, explore the full Pro Research Report available on InvestingPro.
In other recent news, Celestica reported first-quarter earnings for 2025 that exceeded analyst expectations, with adjusted earnings per share reaching $1.20, surpassing the projected $1.12. The company also reported a 20% year-over-year increase in revenue, totaling $2.65 billion, which was above the consensus forecast of $2.56 billion. Following these strong results, Celestica has raised its full-year 2025 revenue outlook to $10.85 billion and increased its adjusted EPS guidance to $5.00. Despite these positive financial figures, Celestica’s shares fell as investors appeared cautious about the company’s guidance, which was only modestly above consensus.
In terms of analyst activity, BMO Capital Markets recently adjusted their price target for Celestica, increasing it from $118.00 to $130.00, while maintaining an Outperform rating. This adjustment reflects confidence in Celestica’s competitive position and contract wins. Stifel also maintained a Buy rating with a price target of $150.00, highlighting Celestica’s robust performance and strategic wins in the Communications and Cloud Solutions segment. Additionally, Celestica has been expanding into new areas, such as the pluggable optical transceiver segment, which is expected to support future growth. These developments underscore Celestica’s ongoing momentum in securing significant contracts and maintaining a strong market position.
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