New York, January 27, 2026, 15:26 (ET) — Regular session
- Celestica shares jumped about 8% in afternoon trading, extending a volatile stretch for the stock this week.
- After the market closes Wednesday, the company is set to report its fourth-quarter results, with investors focused squarely on the guidance.
- A law firm pointed to a report indicating possible shifts in how Google assembles its AI servers.
Shares of Celestica Inc surged 7.5% to $331.52 in Tuesday’s afternoon session, swinging between $309.45 and $337.25. About 2.8 million shares changed hands, keeping pace with the stock’s usual high-beta action tied to data-center investment trends.
Celestica’s fourth-quarter results are due out after the bell Wednesday, a pivotal moment that could reshape forecasts for contract manufacturers tied to cloud and AI infrastructure.
Investors see Celestica as a proxy for hyperscaler buildouts, where small shifts in orders ripple across its supply chain. This makes the upcoming outlook just as crucial as the recent quarterly results.
Analysts surveyed by Benzinga expect earnings per share near $1.70, calculated by dividing net income by shares outstanding. The stock carries a consensus “Outperform” rating and an average 12-month price target of $379.18. Celestica’s key publicly traded rivals include Jabil, Flex, and Fabrinet. 1
Celestica is set to release its Q4 2025 earnings after the market closes on Wednesday, January 28. A conference call to discuss the results will take place at 8:00 a.m. ET on Thursday, January 29. 2
Customer concentration risk has emerged as a fresh worry — it’s the market’s shorthand for gauging how dependent a supplier is on a handful of big buyers, and whether any of those key clients might be pulling back.
Pomerantz LLP said Tuesday it is investigating claims on behalf of Celestica investors after a Jan. 22 Digitimes report suggested Alphabet’s Google may be moving assembly of its tensor processing units to other suppliers. This shift could shrink Celestica’s role in building Google’s AI servers, the firm noted. 3
Celestica didn’t provide a customer-level revenue breakdown in this week’s updates. Investors will be glued to the earnings call, searching for clues on demand patterns and pricing shifts. But for traders, the focus is squarely on the “guidance”—management’s forecast for the upcoming quarter or year.
Risk remains. If the company’s outlook disappoints or clients delay or change their data-center spending plans, the stock could slip fast—particularly after rallying sharply before the earnings release.
The next trigger will be the earnings report after Wednesday’s close, with management set to share their updated 2026 demand outlook during Thursday morning’s Q&A.
