Zacks Investment Research featured Celestica Inc. (CLS) as a top growth stock on June 29, 2026. The company holds a Zacks Rank #1 (Strong Buy). Its current year earnings consensus estimate increased by 13.7% over the last 60 days. Celestica's PEG ratio stands at 0.73. This compares favorably to the industry average of 0.96. The company holds a Growth Score of B.
Strong demand trends in its Connectivity & Cloud Solutions segment support this positive outlook. The increasing need for AI infrastructure products drives these trends. Recent analyst ratings have been broadly positive. Several firms raised their price targets on the stock. Celestica's latest earnings report surpassed expectations. Revenue increased by 52.8% year-over-year.