TSX:6753 10 November 2025

June 30, 2026, 5:53 AM EDT. Celestica Inc. (CLS) has beaten Nvidia's gains over the past three years as demand from artificial intelligence (AI) and energy transition pushes growth. Shares sit about 20% below all-time highs and the Zacks price target as the stock faces some pressure. The company is guiding for double-digit sales and earnings growth in 2025 and 2026, pointing to strong revenues on the back of demand from data centers, semiconductors and energy storage markets. Celestica's operations split into Advanced Technology Solutions and Connectivity & Cloud Solutions, covering design, manufacturing and logistics. CEO Rob Mionis said demand remains solid and flagged new AI program wins, mentioning a 1.6 terabyte switching project with a hyperscaler. CLS trades at a discount to the Zacks Tech Sector, which bulls call attractive for buy-and-hold tech investors.