Barclays Raises Celestica Price Target to $391 After $1B Guidance Lift
TD Cowen raised Celestica’s price target to C$330 from C$305 and kept a Hold rating after shares fell post-Q4 results. Barclays lifted its target to $391 from $359 and highlighted a $1 billion fiscal 2026 guidance increase, while Citi trimmed its target to $338 from $375.
1. Analyst Price Target Revisions
On January 30 and in early February, three major brokerages adjusted Celestica’s price targets: TD Cowen raised to C$330 from C$305 with a Hold rating, Barclays hiked to $391 from $359 with an Overweight rating, and Citi cut to $338 from $375 while maintaining a Buy stance.
2. Fiscal 2026 Guidance Increase
Celestica increased its fiscal 2026 revenue guidance by $1 billion, a move Barclays described as conservative with potential for further upward revisions, reflecting strength in its Advanced Technology Solutions and Connectivity & Cloud segments.
3. Post-Earnings Pullback Impact
Shares retraced sharply after Q4 2025 results, creating an improved risk-to-reward profile noted by TD Cowen and prompting diverse analyst responses to the pullback.