Celestica's Trading Volume Surges 33.07% to 6.95 Billion, Ranks 124th in Market

On June 11, 2025, Celestica's trading volume reached 6.95 billion, marking a 33.07% increase from the previous day, placing it 124th in the day's market rankings. Celestica's stock price surged by 5.09%.

Barclays has raised its price target for Celestica from $126 to $146, maintaining an Overweight rating on the stock. This adjustment is based on positive checks from a recent Asia trip and an improved outlook on the 800G switch.

An Argus analyst noted that Celestica is benefiting from diversification and AI trends, which are driving its growth and innovation in the market. The company's strong demand from hyperscalers building data centers to meet the increasing needs of AI, machine learning, and cloud computing has been a significant factor in its growth.

Celestica's Hardware Platform Solutions (HPS) portfolio, which falls under its Connectivity and Cloud Solutions (CCS) division, has shown impressive results. In the first quarter of 2025, the HPS business delivered a 99% year-over-year revenue surge, hitting the $1 billion mark and representing about 39% of Celestica’s total quarterly revenue.

Celestica's Advanced Technology Solutions (ATS) segment, which includes Aerospace and Defense, Capital Equipment, HealthTech, and Industrial sectors, adds resilience through diversification. The company is investing in advanced capabilities and offering custom solutions to meet demand, navigating macroeconomic challenges while building resilience for the future.

Celestica has received a consensus rating of Buy, with an average rating score of 3.00 based on 9 buy ratings, 1 hold rating, and no sell ratings. The company's strong balance sheet, effective cash flow management, and disciplined capital allocation position it well to capitalize on growth opportunities.