Celestica shares surge 7.19% after-hours after exceeding Q4 earnings, raising FY26 revenue forecasts, and securing AI infrastructure investments with analyst upgrades.

Celestica Inc. (CLS) surged 7.19% in after-hours trading following robust Q4 earnings and a bullish outlook driven by AI demand. The company reported $3.65 billion in quarterly revenue, exceeding the $3.49 billion consensus, with adjusted EPS of $1.89 surpassing expectations. Full-year revenue guidance was raised to $17 billion, reflecting heightened demand for AI data center technologies. Analysts at Bank of America initiated coverage with a "Buy" rating and $400 price target, while Barclays increased their target to $391, citing confidence in Celestica’s AI infrastructure investments and market share expansion. The stock’s rally aligns with the firm’s $1 billion capital expenditure plan for AI infrastructure and strong Q1 projections, including adjusted EPS of $1.95–$2.15. These developments underscore investor optimism about Celestica’s positioning in the AI-driven manufacturing sector, directly supporting the after-hours price surge.