Celestica Inc. (CLS:CA) Aletheia Capital Boosts Price Target Forecast

Celestica Inc. (CLS:CA) Aletheia Capital Boosts Price Target Forecast

Celestica Inc. (CLS:CA)

Analyst Update

Aletheia Capital raised its 12 month target price on Celestica to $567 from $457 and maintained its “Buy” rating on the stock, reflecting growing confidence in the company’s exposure to artificial intelligence–driven demand and improving profitability. The analyst highlighted strong momentum in Celestica’s advanced technology solutions and hardware platforms, particularly those supporting hyperscale data centers, cloud infrastructure, and AI workloads.

The valuation forecast increase also reflects expectations for margin expansion, as higher-value, complex programs tied to AI and networking continue to make up a larger share of revenue. Celestica’s operational discipline, supply-chain execution, and customer diversification position it well to capitalize on sustained investment in AI infrastructure. With visibility improving across key end markets and earnings leverage building, the firm sees further upside potential as AI-related spending remains a structural growth driver.

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