Celestica Raises 2026 Revenue Forecast to $17B, Outpaces Flex by 209%
Celestica’s 2026 EPS estimates rose 7.5% to $8.83 and full-year revenue guidance was lifted to $17 billion with a 7.8% operating margin. The competitor has outperformed Flex by gaining 209.2% versus Flex’s 81.8% surge, fueled by AI/data-center launches including the SD6300 storage system and DS6000 switches.
1. Earnings Estimate Revisions
Celestica’s consensus EPS projections for fiscal 2026 and 2027 climbed 7.5% and 7.1% to $8.83 and $12.61 per share over the past 60 days, reflecting growing analyst confidence in its profit trajectory.
2. AI-driven Infrastructure Launches
To capitalize on generative AI demand, Celestica debuted the SD6300 ultra-dense storage expansion system and two 1.6TbE switches (DS6000 and DS6001), doubling its switching capacity and optimizing rack space for hyperscale data centers.
3. Elevated 2026 Guidance
Management raised full-year 2026 revenue to about $17 billion (from $16 billion), targets a 7.8% non-GAAP operating margin, $8.75 adjusted EPS (up from $8.20) and $500 million in non-GAAP free cash flow.
4. Competitive Edge Against Flex
Over the past year, Celestica’s stock surged 209.2% compared to Flex’s 81.8% gain, underscoring intensifying competition in AI and data-center equipment markets and potential pressure on Flex’s market share.