Celestica Stock Upgraded as AI Infrastructure Demand Drives Massive Growth

Key Facts

1Celestica delivered 62% revenue growth and 83% adjusted EPS growth, driven by strong AI infrastructure demand.

2The Communications and Cloud Solutions segment generated 81% of sales, with server and storage revenue jumping 167% year-over-year.

Amid the rapid expansion of the data center sector, Celestica has received a rating upgrade following exceptional quarterly results. According to analyst reports, the company delivered 62% revenue growth and an 83% increase in adjusted EPS, driven by robust and unprecedented demand for AI infrastructure. This performance reflects the company's strategic shift toward high-margin programs linked to advanced computing technologies.

The growth was heavily concentrated in the Communications and Cloud Solutions segment, which generated 81% of total sales, with server and storage revenue jumping 167% year-over-year. These strong results bolster the company's market position relative to electronic manufacturing peers like Flex, as AI-related programs have led to significant operational margin expansion.

In the markets, CLS stock stood at $308.845 at the close of August 26, 2026, after reaching a daily high of $312.99. Investors are now watching for the sustainability of this momentum within a tech-heavy capital expenditure environment, while monitoring upcoming US economic data to gauge broader market sentiment toward the growth sector.