Celestica Future Growth

Future criteria checks 6/6

Celestica is forecast to grow earnings and revenue by 28.4% and 29.2% per annum respectively. EPS is expected to grow by 26.8% per annum. Return on equity is forecast to be 33.3% in 3 years.

Key information

28.4%

Earnings growth rate

26.84%

EPS growth rate

Electronic earnings growth	22.1%
Revenue growth rate	29.2%
Future return on equity	33.31%
Analyst coverage	Good
Last updated	20 Feb 2026

Recent future growth updates

Recent updates

Celestica: Why The $1B CAPEX Surge Is A Buy Signal, Not A Red Flag

Feb 18

Celestica's Beat And Raise Performance Underscores Durability Of AI Boom (Rating Upgrade)

Apr 28

Celestica: Management And Analysts Upped Guidance/Estimates Still Appear Conservative

Feb 11

Celestica: Room For Margin And Multiple Expansion

Feb 05

Celestica Q4 Earnings: Why DeepSeek Fears Are Overblown

Jan 30

Unlocking Growth Potential: Why Celestica's ODM Transition Is A Game Changer For Investors

Jan 14

Celestica: A Trifecta Of Growth, Margin Expansion And Improving Cash Flow Conversion

Dec 26

Celestica: The AI Datacenter's Supply Chain Winner

Dec 04

Celestica: AI Capex Boom Still Promising, Baked-In Premium Triggers Downgrade

Nov 04

Celestica Q3: Defying Expectations With Undemanding Valuations

Oct 24

Celestica: Still A Value Buy Despite The Recent Recovery

Oct 12

Celestica: Institutional Investors Are Buying, So Am I

Sep 27

Celestica: Weak Bargaining Power, Hold For Now

Sep 04

Celestica: Bullish Expectations May Be Priced In

Aug 19

Celestica: Q2 2024, Why Do I Upgrade The Stock To 'Buy' Again

Aug 02

Earnings and Revenue Growth Forecasts

NYSE:CLS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	31,194	2,002	656	1,347	7
12/31/2027	24,296	1,481	475	1,619	17
12/31/2026	17,381	1,030	513	1,471	17
12/31/2025	12,391	833	458	660	N/A
9/30/2025	11,282	717	398	552	N/A
6/30/2025	10,587	538	386	549	N/A
3/31/2025	10,086	422	329	496	N/A
12/31/2024	9,646	428	303	474	N/A
9/30/2024	9,241	360	210	366	N/A
6/30/2024	8,785	351	194	331	N/A
3/31/2024	8,332	312	230	362	N/A
12/31/2023	7,961	244	201	326	N/A
9/30/2023	7,863	203	268	392	N/A
6/30/2023	7,743	168	242	378	N/A
3/31/2023	7,521	148	209	335	N/A
12/31/2022	7,250	180	102	211	N/A
9/30/2022	6,720	135	171	262	N/A
6/30/2022	6,264	125	176	244	N/A
3/31/2022	5,967	115	157	213	N/A
12/31/2021	5,635	104	175	227	N/A
9/30/2021	5,509	92	154	211	N/A
6/30/2021	5,592	87	146	197	N/A
3/31/2021	5,664	74	152	205	N/A
12/31/2020	5,748	61	187	240	N/A
9/30/2020	5,853	34	217	266	N/A
6/30/2020	5,821	-4	270	331	N/A
3/31/2020	5,774	-23	284	357	N/A
12/31/2019	5,888	70	265	345	N/A
9/30/2019	6,124	137	N/A	267	N/A
6/30/2019	6,317	153	N/A	215	N/A
3/31/2019	6,567	175	N/A	110	N/A
12/31/2018	6,633	99	N/A	33	N/A
9/30/2018	6,476	52	N/A	79	N/A
6/30/2018	6,298	79	N/A	16	N/A
3/31/2018	6,160	97	N/A	86	N/A
12/31/2017	6,143	106	N/A	127	N/A
9/30/2017	6,196	113	N/A	171	N/A
6/30/2017	6,217	132	N/A	287	N/A
3/31/2017	6,145	133	N/A	227	N/A
1/1/2017	6,047	138	N/A	173	N/A
9/30/2016	5,908	128	N/A	178	N/A
6/30/2016	5,762	85	N/A	94	N/A
3/31/2016	5,694	73	N/A	143	N/A
12/31/2015	5,639	67	N/A	196	N/A
9/30/2015	5,549	50	N/A	182	N/A
6/30/2015	5,563	74	N/A	261	N/A
3/31/2015	5,617	91	N/A	278	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLS's forecast earnings growth (28.4% per year) is above the savings rate (3.4%).

Earnings vs Market: CLS's earnings (28.4% per year) are forecast to grow faster than the US market (15.6% per year).

High Growth Earnings: CLS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CLS's revenue (29.2% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: CLS's revenue (29.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CLS's Return on Equity is forecast to be high in 3 years time (33.3%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/09 13:16
End of Day Share Price	2026/03/06 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Celestica Inc. is covered by 32 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Skye Chen	Aletheia Analyst Network Limited
James Kelleher	Argus Research Company
Jesse Pytlak	ATB Cormark Historical (Cormark Securities)

Celestica Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Celestica Inc. Provides Earnings Guidance for the First Quarter of 2026

Celestica Inc. Revises Earnings Guidance for the Year 2026

Price target increased by 27% to US$316

Price target increased by 7.1% to US$254

Price target increased by 7.6% to US$249

Celestica Inc. Provides Earnings Guidance for Third Quarter of 2025

Recent updates

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Celestica: Why The $1B CAPEX Surge Is A Buy Signal, Not A Red Flag

Investor sentiment deteriorates as stock falls 20%

Celestica Inc. Provides Earnings Guidance for the First Quarter of 2026

Celestica Inc., Annual General Meeting, May 19, 2026

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Celestica Inc. Revises Earnings Guidance for the Year 2026

Celestica Inc. to Report Q4, 2025 Results on Jan 28, 2026

Investor sentiment deteriorates as stock falls 16%

Celestica Inc. Announces Board and Committee Changes, Effective January 28, 2026

Investor sentiment improves as stock rises 19%

Celestica Inc. Introduces the SD6300 Platform Aiming to Deliver Maximum Storage Density for Enterprise and AI Applications

Investor sentiment improves as stock rises 16%

Director recently bought US$1.6m worth of stock

Price target increased by 27% to US$316

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Laurette T. Koellner Rejoins Celestica’s Board of Directors, Effective October 27, 2025

Price target increased by 7.1% to US$254

Price target increased by 7.6% to US$249

Celestica Inc. Introduces New Family of 1.6TbE Data Center Switches to Power AI/ML Clusters

Celestica Inc. to Report Q3, 2025 Results on Oct 27, 2025

Investor sentiment improves as stock rises 17%

Celestica Inc. Introduces New Enterprise Storage Controller Designed for Peak Performance, High Availability and Easy Scalability

Investor sentiment improves as stock rises 16%

High number of new directors

Celestica Inc. Appoints Chris Colpitts to the Board of Directors, Effective July 28, 2025

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Celestica Inc. Provides Earnings Guidance for Third Quarter of 2025

Now 27% overvalued after recent price rise

Aviz Networks Announces Deep Network Observability Interop in Collaboration with Celestica, Cisco, Dell, Edgecore, and NVIDIA

Price target increased by 7.0% to US$136

Celestica Inc. to Report Q2, 2025 Results on Jul 28, 2025

Now 20% overvalued after recent price rise

Celestica Introduces Its Latest Enterprise Campus Switch, the ES1500, Designed for Performance and Reliability at the AI-Edge

Investor sentiment improves as stock rises 15%

Celestica's Beat And Raise Performance Underscores Durability Of AI Boom (Rating Upgrade)

Price target decreased by 7.9% to US$122

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Celestica Inc. Provides Earnings Guidance for the Second Quarter of 2025

Price target decreased by 11% to US$125

Celestica: Do Not Miss Out The Golden Pre-Earnings Opportunity

Investor sentiment improves as stock rises 20%

Celestica: What's Fueling This Silent Climber

Celestica Inc. to Report Q1, 2025 Results on Apr 24, 2025

Investor sentiment deteriorates as stock falls 17%

Celestica: The AI Stock Set For High Growth After A 20% Drop

Celestica: Overvaluation Amid Weakening AI Craze

Celestica: A Solid Buying Opportunity

Full year 2024 earnings: EPS exceeds analyst expectations

Celestica: Fueled By Relentless Catalysts

Investor sentiment deteriorates as stock falls 16%

Insider recently sold US$8.4m worth of stock

Celestica: Management And Analysts Upped Guidance/Estimates Still Appear Conservative

Celestica: Room For Margin And Multiple Expansion

Celestica Inc., Annual General Meeting, Jun 17, 2025

New minor risk - Share price stability

Full year 2024 earnings: EPS exceeds analyst expectations

Celestica Q4 Earnings: Why DeepSeek Fears Are Overblown

Celestica Inc. Provides Earnings Guidance for the First Quarter of 2025

Investor sentiment deteriorates as stock falls 23%

Now 28% undervalued

Celestica Inc. Announces Resignation of Laurette T. Koellner as Chair of the Audit Committee and A Member of the Board, Effective as of January 31, 2025

Unlocking Growth Potential: Why Celestica's ODM Transition Is A Game Changer For Investors

Celestica Inc. to Report Q4, 2024 Results on Jan 29, 2025

Independent Chair of the Board recently sold US$2.5m worth of stock

Price target increased by 10% to US$87.89

Celestica Inc. Appoints Amar Maletira as Member of Board, Audit Committee, Human Resources and Compensation Committee and Nominating and Corporate Governance Committee

Celestica: A Trifecta Of Growth, Margin Expansion And Improving Cash Flow Conversion

Price target increased by 9.2% to US$83.44