NEW YORK, Jan 8, 2026, 15:42 EST — Regular session
Celestica Inc shares fell 5.8% to $288.20 in afternoon trading on Thursday, after opening at $311.53 and sliding as low as $281.34. About 2.4 million shares had changed hands.
The drop matters because Celestica has turned into a high-beta read-through on spending for cloud and data-center gear, and investors have started to flinch at rich valuations across the AI supply chain. “It’s become a ‘show me’ sector,” said Art Hogan, chief market strategist at B. Riley Wealth. Reuters
Across Wall Street, Treasury yields rose ahead of Friday’s U.S. nonfarm payrolls report for December, which could shift bets on Federal Reserve rate cuts. The benchmark 10-year yield was up about 4 basis points at 4.179%, Reuters reported.
Celestica’s slide outpaced the broader tech tape. The Invesco QQQ Trust was down about 0.6% and Nvidia fell 2.1%.
Other electronics manufacturers that trade as AI-infrastructure proxies fell as well, led by Fabrinet down 6.5%. Sanmina lost 3.4%, while Flex slipped 1.6% and Jabil eased 1.1%.
Celestica said on Wednesday it will release fourth-quarter 2025 results after the market closes on Jan. 28 and will host a conference call at 8 a.m. ET on Jan. 29.
An October filing showed the company had guided for fourth-quarter revenue of $3.325 billion to $3.575 billion and adjusted earnings per share of $1.65 to $1.81, a profit measure that excludes some items. The same filing said Celestica reports results in two segments: Connectivity & Cloud Solutions and Advanced Technology Solutions. “The demand outlook from our largest customers … remains strong,” Chief Executive Rob Mionis said at the time. SEC
But that old guidance is now the bar, and the stock has little patience priced in. Any hint that data-center orders are cooling, or that margins are tightening as customers push back on pricing, could keep pressure on Celestica and its peers even after Thursday’s pullback.
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