Today: 20 May 2026
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NYSE:CLS 27 October 2025 - 19 May 2026

Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica’s Toronto-listed shares fell about 5% Tuesday as the TSX reopened after Victoria Day, mirroring a 4.4% drop in its U.S.-listed shares Monday. The stock has retreated despite Celestica raising its 2026 revenue and profit outlook last month. Shares traded near $340.54 in New York early Tuesday afternoon. Other contract manufacturers, including Jabil and Flex, also declined.
19 May 2026
Why Celestica Stock Fell After Strong Earnings and a Bigger AI Forecast

Why Celestica Stock Fell After Strong Earnings and a Bigger AI Forecast

Celestica raised its 2026 revenue forecast to $19 billion and adjusted EPS target to $10.15 after reporting Q1 revenue of $4.05 billion, up 53%. Shares fell in after-hours trading despite beating profit expectations, following a 50% gain in April. The company’s CCS unit saw revenue jump 76% to $3.24 billion. Celestica also announced a new 1.6-terabit switch program set to ramp in 2027.
Celestica stock jumps as Big Tech AI capex forecasts lift suppliers

Celestica stock jumps as Big Tech AI capex forecasts lift suppliers

Celestica shares jumped 5.9% to $312.31 Friday, tracking gains across AI hardware stocks as investors bet on higher data-center spending by major cloud firms. The company recently expanded U.S. manufacturing for Google’s TPU systems and raised its 2026 revenue target to $17 billion. Fidelity’s FMR LLC disclosed a 6.4% stake in Celestica. Jefferies maintained Broadcom as a “top pick” with a $500 target.
Celestica stock jumps nearly 8% as earnings loom and Google server talk resurfaces

Celestica stock jumps nearly 8% as earnings loom and Google server talk resurfaces

Celestica shares rose 7.5% to $331.52 Tuesday, trading as high as $337.25 ahead of its fourth-quarter earnings due after Wednesday’s close. Pomerantz LLP is investigating after a report suggested Google may shift AI server assembly to other suppliers, raising concerns over Celestica’s customer concentration. About 2.8 million shares traded hands. Investors are focused on the company’s guidance for 2026.
Fabrinet stock slides nearly 7% today as contract manufacturers sell off; earnings in focus

Fabrinet stock slides nearly 7% today as contract manufacturers sell off; earnings in focus

Fabrinet shares dropped 6.7% to $447.36 by early afternoon Monday, defying gains in the S&P 500 and Nasdaq. The decline came ahead of the company’s quarterly update, with investors watching for signs of demand shifts after management set a high revenue target for the December quarter. Jabil, Celestica, and Flex also fell. The ISM manufacturing PMI slipped to 47.9 in December, signaling contraction.
Celestica Inc Stock (CLS) News Today: Why Shares Slid, What Analysts Forecast, and What to Watch Next

Celestica Inc Stock (CLS) News Today: Why Shares Slid, What Analysts Forecast, and What to Watch Next

Celestica shares fell 12.78% to $306.50 on December 12 amid a broader tech selloff linked to concerns over AI valuations and rising borrowing costs. The stock rebounded in early pre-market trading December 15, indicated at $312.10. B. Riley Wealth Advisors disclosed a new stake of 11,319 shares, while director Laurette T. Koellner bought 6,000 shares in October. Institutional investors hold about 67% of Celestica shares.
15 December 2025
Celestica Inc. Stock (CLS) Update: Why Shares Slumped, What Analysts Forecast, and the 2026 Outlook (Dec. 14, 2025)

Celestica Inc. Stock (CLS) Update: Why Shares Slumped, What Analysts Forecast, and the 2026 Outlook (Dec. 14, 2025)

Celestica shares fell nearly 13% Friday, closing at $306.50 on the NYSE and C$421.77 on the TSX, after a broad tech selloff and renewed “AI bubble” concerns. New institutional filings Sunday showed both buying and trimming of positions. Management reaffirmed a $16 billion revenue target and $8.20 adjusted EPS for 2026. RBC and Goldman maintained bullish price targets at $400 and $440, respectively.
14 December 2025
Celestica (CLS) Stock: Latest News, AI Data Center Outlook and Analyst Targets as of December 3, 2025

Celestica (CLS) Stock: Latest News, AI Data Center Outlook and Analyst Targets as of December 3, 2025

Celestica shares closed at $304.29 on December 2, down 4.4% but still up about 270% in 2025. The stock trades 16% below its $363 high, with a $35 billion market cap and trailing P/E near 49. Technical services flag near-term volatility after a steep run, but models still project possible gains if the uptrend holds. Celestica’s AI-driven growth has drawn increased attention from investors and analysts.
Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown

Celestica (CLS) Stock Soars to Record High on AI Hardware Boom, Q3 Earnings Blowout

Celestica Inc. stock hit a record high near C$460 on October 28 after surging 9% in Toronto, capping a 316% gain over the past year. The company reported Q3 revenue up 28% to $3.19 billion and raised its 2025 outlook, citing strong AI and cloud hardware demand. Celestica recently launched new 1.6-terabit Ethernet switches for data centers. Analysts raised price targets, citing robust AI-driven growth.
Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown

Celestica Stock Skyrockets on AI Data Center Boom – Q3 Earnings Smash Forecasts

Celestica reported Q3 2025 revenue of $3.19 billion, up 28% year-over-year, and adjusted EPS of $1.58, both above estimates. The company raised its 2025 outlook to $12.2 billion revenue and $5.90 EPS, citing strong AI data center demand. Shares have surged over 220% year-to-date and jumped up to 13% after hours on the results. Connectivity & Cloud Solutions segment revenue rose 43% in Q3.

Stock Market Today

  • Embracer to Spin Off Fellowship Entertainment with Nasdaq Stockholm Listing in 2027
    May 20, 2026, 6:53 AM EDT. Embracer Group, the owner of the Lord of the Rings intellectual property, announced plans to spin off its legacy IPs including Tomb Raider into a separate entity, Fellowship Entertainment, targeting a Nasdaq Stockholm listing in 2027. The move aims to unlock value from assets considered among the industry's most undervalued, according to Chair Lars Wingefors. Fellowship will focus on publishing, licensing and brand development, incorporating notable properties such as Lord of the Rings, The Hobbit, and Dark Horse comics IP. Current Embracer CEO Phil Rogers will lead Fellowship, while Embracer shifts focus to mobile, PC/console games, and distribution. The spin-off follows successful separations of Asmodee and Coffee Stain, part of Embracer's broader post-pandemic restructuring strategy.

Latest articles

Micware Shares Swing Pre-Market After 26% Drop on Nasdaq Debut

Micware Shares Swing Pre-Market After 26% Drop on Nasdaq Debut

20 May 2026
Micware shares jumped 97.7% to $9.33 in premarket U.S. trading Wednesday, rebounding above last week’s $8 IPO price after closing Tuesday at $4.72. A new SEC filing showed Toyota owns 11.6% of Micware’s ordinary shares. The Japanese automotive software firm raised $22.8 million in its Nasdaq debut last week.
Dow edges up while Nasdaq falls as bond worries drag on

Futures Edge Higher Ahead of Nvidia Earnings as Wall Street Watches Key Report

20 May 2026
Nasdaq 100 futures rose 0.73% and S&P 500 futures gained 0.35% ahead of Wednesday’s open, with Nvidia set to report earnings after the close. Options markets priced in a 6.5% swing for Nvidia, equal to about $355 billion in market value. In premarket trading, Nvidia shares rose 1.84%, while Micron, Intel, and AMD also advanced. Fed minutes are due at 2:00 p.m. EDT.
Houston Outages Persist as CenterPoint Crews Start Work

Houston Outages Persist as CenterPoint Crews Start Work

20 May 2026
Bear Creek homeowners in Houston report repeated power outages and surges damaging electronics and medication, prompting some to install backup generators. CenterPoint Energy said it will send crews Wednesday to investigate. The complaints come as storms threaten the area and hurricane season approaches. Residents say outages occur even in calm weather and have tracked incidents for over a year.
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