Celestica

CLS

Market cap $31.1B

Celestica's diversified growth and AI-fueled momentum give it an edge over CommScope's cost-cutting turnaround.

In the most recent trading session, Celestica (CLS) closed at $248.03, indicating a -4.99% shift from the previous trading day.

CLS strengthens its AI networking edge with twin 1.6TbE switch launches, fueling optimism for further stock gains.

Here is how Celestica (CLS) and Advanced Energy Industries (AEIS) have performed compared to their sector so far this year.

TORONTO, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Celestica Inc . (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, supply chain and platform solutions for the world's most innovative companies, today introduced two new 1.6TbE data center switches, the DS6000 and DS6001.

Five AI infrastructure players namely, CRDO, WDC, CLS, MU and UI have notched triple-digit returns YTD, with momentum still building into Q4.

Celestica has consistently beaten guidance, but Q3's expected beat might be less impactful than prior quarters, potentially leading to market consolidation despite strong fundamentals. The stock's explosive rally has priced in much of the future growth, making its current valuation stretched and limiting immediate upside for new investors. The revenue mix shift towards higher-margin HPS within CCS is a multi-year driver, but the gap between segment and consolidated margins is narrowing, signaling potential EPS growth deceleration.

The global artificial intelligence (AI) infrastructure isn't built only with cutting-edge chips or advanced software. It also depends on fast and low-latency networking infrastructure to connect thousands of components inside modern data centers.

In the closing of the recent trading day, Celestica (CLS) stood at $237.79, denoting a +1.04% move from the preceding trading day.

Recently, Zacks.com users have been paying close attention to Celestica (CLS). This makes it worthwhile to examine what the stock has in store.