Celestica Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga Earnings10-26 18:08

Celestica Inc. (NYSE:CLS) will release earnings for its third quarter after the closing bell on Monday, Oct. 26.

Analysts expect the Toronto, Canada-based company to report quarterly earnings of $2.97 per share, up from $1.58 per share in the year-ago period. The consensus estimate for Celestica’s quarterly revenue is $5.47 billion. It reported $3.19 billion last year, according to Benzinga Pro.

On Aug. 5, Celestica announced the pricing of its $3 billion equity offering of 9,677,419 shares at $310 per share.

Shares of Celestica fell 3.4% to close at $260.01 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • FBN Securities analyst Shebly Seyrafi initiated coverage on the stock with an Outperform rating and a price target of $375 on Sept. 15, 2026. This analyst has an accuracy rate of 60%.
  • UBS analyst David Vogt upgraded the stock from Neutral to Buy and raised the price target from $410 to $430 on Aug. 24, 2026. This analyst has an accuracy rate of 74%.
  • Barclays analyst Tim Long maintained an Overweight rating and cut the price target from $430 to $406 on Aug. 7, 2026. This analyst has an accuracy rate of 73%.
  • JP Morgan analyst Joseph Cardoso maintained an Overweight rating and raised the price target from $445 to $485 on July 29, 2026. This analyst has an accuracy rate of 57%.
  • Wolfe Research analyst George Notter maintained an Outperform rating and boosted the price target from $425 to $475 on July 29, 2026. This analyst has an accuracy rate of 81%.

Considering buying CLS stock? Here’s what analysts think:

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