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Sign up free →Celestica Inc. (CLS) received Zacks Rank #1 (Strong Buy) following its Q1 2026 earnings release on April 27, 2026, which prompted upward EPS revisions and a raised 2026 guidance as AI spending accelerates.
The electronics manufacturing services company is working directly with multiple AI hyperscalers on a multi-year upgrade cycle for AI data centers, with customers adopting its 800G solutions and next-generation 1.6T offerings (which mark double the switch capacity).
Celestica is projected to more than double its earnings and revenue between 2025 and 2027, extending a pattern in which it doubled both top and bottom lines between 2021 and 2025.
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