Celestica (CLS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.30
- Estimate
- $2.96
- Surprise
- +11.5%
- Revenue (period 2026-09-30)
- $5.83B
- Score at report (before → after)
- 6.3 → 6.5/10
Revenue source: xbrl.
How the report landed
Celestica (CLS) beat the $2.96 estimate with adjusted EPS of $3.30 — a large 11.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Sell at 6.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CLS Sell at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +11.5% surprise compares with a +8.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Concentration risk — Customer: top 10 customers (79.0%)
- Concentration risk — Product: CCS segment (74.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $276.26
- Price target
- $421.52
- Stop
- $256.92
- Upside to target
- +52.6%
- Reward-to-risk
- 3.5:1
The stock trades at 25.6× trailing but 12.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
CLS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Electronic Components
- Market cap
- $31.11B
- P/E (fwd)
- 12.6
- P/E (ttm)
- 25.6
- 52-week range
- $244.51–$474.03
- Off 52-week high
- 41.7%
- RSI (14)
- 26
- Volume vs avg
- 1.01×
- Score today
- 6.3/10