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Celestica Inc (CLS) stock has achieved a new milestone, reaching an all-time high of 262.18 USD. According to InvestingPro data, the company maintains a "GREAT" financial health score, with analysts setting price targets between $208 and $300. This remarkable achievement reflects a significant upward trajectory over the past year, with the stock delivering a 324% return over the past twelve months. The momentum has been particularly strong in recent periods, with a 240% surge in just the last six months and revenue growth of 21%. The surge in Celestica’s stock price underscores the company’s strong market performance and investor confidence. As the stock hits this new peak, it marks a period of robust growth and highlights the company’s ability to capitalize on favorable market conditions and strategic initiatives. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its estimated Fair Value. Discover 20 additional exclusive insights and detailed analysis in the Pro Research Report, available with an InvestingPro subscription.
In other recent news, Celestica reported impressive financial results for the second quarter of 2025, exceeding analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.39, surpassing the forecasted $1.23, and recorded revenue of $2.89 billion, which was 8.24% higher than anticipated. Following these results, Celestica raised its full-year guidance, now projecting revenue of $11.55 billion and an adjusted EPS of $5.50. Stifel responded to these strong results by increasing its price target for Celestica to $230, citing continued demand for AI applications, while maintaining a Buy rating. Similarly, RBC Capital raised its price target to $225, highlighting robust demand from hyperscalers. In product news, Celestica unveiled two new 1.6TbE data center switches designed for AI applications, offering significant improvements over existing solutions. Additionally, the company 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.
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