Celestica Stock - Clark Capital trims position as AI demand keeps growth story intact
17.06.2026 - 17:19:23 | ad-hoc-news.de
Edited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 17:18 CET. Details in the imprint.
Celestica (CA15101Q1081) faces renewed attention after a large shareholder reduced its stake. A recent filing shows Clark Capital Management Group sold more than 230,000 Celestica shares, according to a MarketBeat report dated 06/17/2026 documenting the transaction.
All news and key data on Celestica stock
Stay on top of Celestica with our ongoing coverage of filings, earnings, guidance changes and market reactions.
What the new filing shows
According to the MarketBeat summary of a recent SEC filing, Clark Capital Management Group sold 230,634 Celestica shares in its latest reported transaction, reducing its position in the company. The filing highlights an adjustment rather than a full exit.
MarketBeat also notes that Celestica shares opened at $382.40 on a recent Wednesday session, with a 1-year high of $474.02 and a 1-year low of $128.24, underscoring how far the stock has run over the past year. Average analyst rating is described as "Moderate Buy" with an average target price of $427.42.
Operational momentum and AI demand
Celestica’s fundamental backdrop remains robust, driven by demand for AI and data-center hardware. A recent analysis of the company’s outlook cites Q1 2026 revenue of $4.05 billion and adjusted EPS of $2.16, reflecting strong execution in high-value segments.
Management has raised its 2026 annual outlook to $19.0 billion of revenue and $10.15 of adjusted EPS, according to that same update, which pointed to momentum in the Connectivity & Cloud Solutions segment. Q2 2026 guidance ranges from $4.15 billion to $4.45 billion in revenue and adjusted EPS between $2.14 and $2.34.
How the market is valuing Celestica
On the market side, Celestica stock has seen significant appreciation. StockAnalysis data show that the shares recently traded around the mid-$370s to low-$390s, within a 52-week range of roughly $82.66 to $512.83 on the Toronto listing equivalent.
For 2025, Celestica reported revenue of $12.39 billion, up 28.46% from $9.65 billion in the prior year, while earnings rose 94.51% to $832.50 million, based on the same StockAnalysis overview. That sharp profit growth helps explain the strong interest from institutional and retail investors.
The product behind the stock
Celestica generates most of its revenue by designing and manufacturing complex hardware for original equipment manufacturers and hyperscale customers, with a particular focus on servers, storage systems and connectivity platforms used in AI-capable data centers and cloud infrastructure.
Where the stock trades today
Celestica shares (CA15101Q1081) most recently traded on the New York Stock Exchange around $383.58 on 06/16/2026 in regular session, according to consolidated quote data, with the latest close reflecting a move of roughly -4.9% on the day.
Key facts on Celestica stock
- Company: Celestica Inc.
- ISIN: CA15101Q1081
- WKN: 915366
- Ticker: CLS
- Venue: NYSE
- Price (as of 06/16/2026, 21:59 CET): 383.58 USD
- Market cap: approximately 18,000,000,000 USD (as of 06/16/2026)
- Sector / Industry: Technology / Electronic Manufacturing Services
- Index membership: not a member of the S&P 500 or Nasdaq-100
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
