Celestica Inc. (NYSE: CLS; TSX: CLS) is ending the week on a sharp down note after a steep tech-led selloff, even as new filings and fresh commentary published Sunday, Dec. 14, 2025 keep the company firmly in the spotlight for investors tracking AI data center infrastructure and hyperscaler spending.
Below is a detailed, publication-ready look at today’s Celestica stock news, forecasts, and analysis, including what moved the shares, what Wall Street is modeling next, and the catalysts that could matter most into early 2026.
Key takeaways for Celestica stock today
- Shares fell hard Friday amid a broader tech retreat and renewed “AI bubble” chatter tied to mega-cap tech moves. [1]
- A cluster of institutional ownership updates published today highlights both new positions and trims—useful context for sentiment after the pullback. [2]
- Management’s medium-term outlook remains aggressive: Celestica has guided to $16.0B revenue and $8.20 adjusted EPS for 2026, alongside stronger margins and free cash flow. [3]
- Street targets skew bullish, with notable calls including RBC’s $400 price target and Goldman’s $440 alongside its Conviction List addition. [4]
Celestica stock price action: what happened into Dec. 14, 2025?
Celestica shares saw a sharp risk-off move to close the week:
- NYSE: CLS last traded around $306.50, down roughly 12.78% versus the prior close, based on the latest available market print.
- TSX: CLS closed Friday (Dec. 12) at C$421.77, down 12.92% on the day. [5]
In Canada, Reuters highlighted Celestica as a major drag inside a weak tech tape, noting the technology group fell and Celestica ended down about 12.9% on Friday. [6]
Meanwhile, a Sunday write-up noted the stock was down earlier in Friday’s session (before the final close), underscoring how quickly the selloff accelerated. [7]
Why Celestica fell: tech weakness and “AI bubble” worries resurfaced
Friday’s drop wasn’t happening in a vacuum. Reuters attributed the broader risk-off tone to Wall Street declines as Broadcom and Oracle fueled concerns about an AI-fueled bubble, while long-term borrowing costs rose—exactly the kind of macro/valuation narrative that tends to hit high-momentum AI-linked names hardest. [8]
That matters for Celestica because the stock has been widely treated as a picks-and-shovels beneficiary of the AI buildout—especially data center infrastructure ramps. When investors rotate away from expensive growth/AI exposures, “infrastructure enablers” often get sold alongside the chip and cloud leaders.
Today’s (Dec. 14) Celestica news: institutional filings show both buying and trimming
A notable feature of Dec. 14 coverage is a burst of filing-based updates around institutional positioning:
- Second Line Capital disclosed a new stake of 23,905 shares valued at roughly $3.73M (per the filing summary). [9]
- Munro Partners reported initiating a stake of 24,855 shares worth about $3.88M. [10]
- Castleark Management reported trimming its position by 26.3% in Q2, ending with 51,760 shares (about $8.08M in value in the summary). [11]
- China Universal Asset Management reported cutting its stake by 35.8%, ending with 12,000 shares (about $1.87M in value in the summary). [12]
What this does (and doesn’t) mean:
- These are not real-time buy/sell signals; they’re disclosures tied to prior-quarter positioning and reporting cycles.
- But in the wake of a violent down day, they offer a useful reminder that ownership is active—with some funds building exposure even as others reduce it.
Insider activity in focus: a director’s notable buy
Several of the Dec. 14 filing-based updates also referenced insider activity: Director Laurette T. Koellner purchased 6,000 shares at an average price of $341.67 (about $2.05M). [13]
Insider purchases don’t guarantee anything about near-term price action—but in momentum-driven names, they often become part of the narrative investors weigh when deciding whether a sharp pullback is a reset or a warning sign.
The core bull case: Celestica as an AI data center infrastructure lever
Celestica’s own guidance continues to frame the company as a major beneficiary of AI-related buildouts by large customers.
In its Q3 2025 release, Celestica emphasized:
- Q3 2025 revenue:$3.19B (up 28% year over year)
- Adjusted EPS:$1.58 (up 52% year over year)
- Adjusted operating margin:7.6% [14]
And the company went further by laying out a longer runway:
- 2026 annual outlook:$16.0B revenue and $8.20 adjusted EPS (with management pointing to continued AI data center investment by its largest customers, and indications extending into 2027). [15]
Segment detail adds color to the AI linkage:
- Connectivity & Cloud Solutions (CCS) segment revenue in Q3: $2.41B, up 43% YoY
- Hardware Platform Solutions revenue: about $1.4B, up 79% YoY
- Advanced Technology Solutions (ATS) segment revenue: $0.78B, down 4% YoY [16]
In other words, when investors talk about Celestica as an “AI infrastructure” stock, they’re typically pointing straight at the CCS trajectory and hyperscaler-related programs.
Another Dec. 14 angle: the Google TPU vs. Nvidia Blackwell debate pulls Celestica into the conversation
One of the more “Discover-friendly” pieces published today connected Celestica to the Google TPU ecosystem. A Dec. 14 commentary argued that stocks linked to Google’s TPU orbit—including Celestica (NYSE: CLS)—have outperformed amid renewed debate around AI accelerators, total cost of ownership, and hyperscaler strategies. [17]
Takeaway for investors: even when Celestica’s day-to-day trading is driven by macro risk sentiment, the strategic debate over which AI compute stacks win can still influence how the market values the company’s long-dated growth.
Wall Street forecasts: price targets, Conviction List support, and what analysts model next
Notable analyst calls in the current cycle
Two widely-circulated calls anchoring the bull narrative:
- RBC Capital raised its price target to $400 from $315 and reiterated an Outperform rating, citing continued momentum with hyperscalers. [18]
- Goldman Sachs added Celestica to its U.S. Conviction List, keeping a Buy rating and a $440 price target, based on expected benefits from ongoing hyperscaler/AI spending. [19]
Consensus framing
A Dec. 14 summary also described a consensus backdrop of a “Moderate Buy” profile with an average target around the mid-$300s (as reported in the roundup). [20]
Investors should note the timing: these targets often reflect the optimism embedded after Celestica’s strong 2025 run-up—and sharp down days can compress multiples quickly, even if estimates don’t move immediately.
Earnings outlook: what the next quarter looks like vs. company guidance
From Celestica’s own release:
- Q4 2025 guidance: revenue $3.325B to $3.575B and adjusted EPS $1.65 to $1.81. [21]
From the broader Street consensus snapshot:
- Nasdaq’s listed consensus EPS forecast for the Dec. 2025 quarter is about 1.37, with a high estimate around 1.41 (and additional quarterly forecasts shown beyond that). [22]
Why the gap? Company guidance and aggregator consensus can diverge for several reasons (timing, methodology, GAAP vs. non-GAAP alignment, and update frequency). The important practical point is that Celestica itself guided to a materially higher non-GAAP range for Q4 than the consensus figure shown in that snapshot, reinforcing why the stock has been priced as an “earnings momentum” name. [23]
Governance watch: board and audit committee transition (recent, still relevant)
Celestica disclosed in an SEC filing that Dr. Luis Müller intends to resign from the board and audit committee chair role effective Jan. 28, 2026, for personal reasons (not due to disagreement), with Amar Maletira set to become Audit Committee Chair at that time. [24]
This isn’t necessarily a price driver on its own—but during volatile periods, investors often pay closer attention to governance headlines, especially when paired with heavy insider and institutional activity.
What to watch next: catalysts into late December and early 2026
Here are the near-term items investors are tracking after the selloff:
- Macro data and rates
Canada’s November CPI release was flagged as a key next datapoint, with expectations referenced in the market wrap. [25] - Earnings timing (late Jan / early Feb window)
Published calendars vary, but multiple market schedules point to early February 2026 as the expected next report window (often listed as Feb. 4, 2026, subject to company confirmation). [26] - Any revision to AI infrastructure sentiment
The stock’s sensitivity to AI valuation narratives—explicitly cited in broader market coverage—means Celestica can move sharply on peer read-throughs and hyperscaler capex headlines. [27]
Bottom line: Celestica stock is in a momentum reset—while the 2026 thesis remains intact
As of Dec. 14, 2025, the immediate story in Celestica stock is the collision of two forces:
- Short-term: a violent pullback driven by broad tech risk-off moves and AI valuation jitters. [28]
- Medium-term: management’s bullish 2026 outlook (and supportive analyst framing) that still positions Celestica as a key infrastructure beneficiary of hyperscaler AI buildouts. [29]
For investors, the key question now isn’t whether Celestica is “AI-exposed”—it clearly is. The question is whether earnings execution and guidance can keep pace with the expectations embedded in both the stock’s 2025 run and the Street’s higher-end targets.
References
1. www.reuters.com, 2. www.marketbeat.com, 3. www.globenewswire.com, 4. www.tipranks.com, 5. stockanalysis.com, 6. www.reuters.com, 7. www.defenseworld.net, 8. www.reuters.com, 9. www.marketbeat.com, 10. www.marketbeat.com, 11. www.marketbeat.com, 12. www.marketbeat.com, 13. www.marketbeat.com, 14. www.globenewswire.com, 15. www.globenewswire.com, 16. www.globenewswire.com, 17. 247wallst.com, 18. www.tipranks.com, 19. www.tipranks.com, 20. www.marketbeat.com, 21. www.globenewswire.com, 22. www.nasdaq.com, 23. www.globenewswire.com, 24. www.sec.gov, 25. www.reuters.com, 26. www.marketbeat.com, 27. www.reuters.com, 28. www.reuters.com, 29. www.globenewswire.com
