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)
- 6.5 → 6.3/10
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 Sell (6.5/10) to Hold at 6.3/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CLS Buy (Wait) at 6.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +11.5% surprise compares with a +8.3% four-quarter average. Next scheduled report: 2027-01-27.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.73)
What argues against it
- Concentration risk — Customer: top 10 customers (79.0%)
- Concentration risk — Product: CCS segment (74.0%)
- Sector modifier (Technology): -0.8
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
- $299.80
- Entry target
- $284.81
- Price target
- $417.25
- Stop
- $264.87
- Upside to target
- +39.2%
- Reward-to-risk
- 2.6:1
The stock trades at 26.1× trailing but 13.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — 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
- $37.81B
- P/E (fwd)
- 13.5
- P/E (ttm)
- 26.1
- 52-week range
- $244.51–$474.03
- Off 52-week high
- 36.8%
- RSI (14)
- 36
- Volume vs avg
- 2.10×
- Score today
- 6.7/10