Celestica Inc
XMUN:CTW
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
C
|
Celestica Inc
XMUN:CTW
|
CA |
|
V
|
Varonis Systems Inc
SWB:VS2
|
US |
Celestica Inc
Celestica Inc. makes and supports electronic hardware for other companies. It builds circuit boards, server and storage equipment, networking gear, industrial systems, and other complex devices that its customers design but do not want to manufacture themselves. It also helps with engineering, testing, logistics, and after-sales support, so customers can move a product from design to mass production and service through one supplier. Its main customers are large companies in technology, industrial equipment, aerospace and defense, healthcare, and communications. Celestica earns money by charging for manufacturing work, assembly, engineering services, supply chain management, and the parts and components it sources and integrates into finished products. In many cases, customers hand over a product design and Celestica turns it into a shippable device, then keeps supporting the hardware over its life cycle. What makes Celestica different is its role as a behind-the-scenes manufacturing partner for complex electronics, not a brand that sells directly to consumers. It sits in the middle of the electronics value chain, where quality control, precision assembly, and reliable supply chains matter more than storefronts or marketing. That makes it a useful partner for companies that want to focus on design and sales while outsourcing the hard work of building and supporting the hardware.
Celestica Inc. makes and supports electronic hardware for other companies. It builds circuit boards, server and storage equipment, networking gear, industrial systems, and other complex devices that its customers design but do not want to manufacture themselves. It also helps with engineering, testing, logistics, and after-sales support, so customers can move a product from design to mass production and service through one supplier.
Its main customers are large companies in technology, industrial equipment, aerospace and defense, healthcare, and communications. Celestica earns money by charging for manufacturing work, assembly, engineering services, supply chain management, and the parts and components it sources and integrates into finished products. In many cases, customers hand over a product design and Celestica turns it into a shippable device, then keeps supporting the hardware over its life cycle.
What makes Celestica different is its role as a behind-the-scenes manufacturing partner for complex electronics, not a brand that sells directly to consumers. It sits in the middle of the electronics value chain, where quality control, precision assembly, and reliable supply chains matter more than storefronts or marketing. That makes it a useful partner for companies that want to focus on design and sales while outsourcing the hard work of building and supporting the hardware.
Big beat: Celestica reported Q1 revenue of $4.05 billion, adjusted EPS of $2.16, and an adjusted operating margin of 8.0%, all better than guidance and all at or near record levels for the company.
Outlook raised: Management lifted full-year 2026 revenue guidance from $17 billion to $19 billion and adjusted EPS guidance from $8.75 to $10.15, while keeping free cash flow guidance at $500 million.
AI and networking: Demand from hyperscale customers remained exceptionally strong, with 800G and 1.6T networking ramps, AI/ML compute programs, and new wins like Helios and CPO driving a much stronger 2027 outlook.
Supply constraints: The company said component shortages are still tight, especially for custom silicon, memory, PCBs, and optical parts, but management believes its guidance already reflects those limits and remains conservative.
Capital spending: CapEx was $230 million in Q1 and remains guided at about $1 billion for 2026, with management signaling spend will likely be higher again in 2027 to support long-term customer awards.
Confidence in 2027: Management repeatedly said visibility has improved sharply, with long lead times, NCNR commitments, and capacity alignment giving them confidence that growth should continue into 2027 and beyond.
