高盛开始给予买入评级，Celestica股价上涨

2025-10-16 21:43

Celestica (NYSE:CLS) was in focus on Thursday as Goldman Sachs initiated coverage on the Canadian technology company with a Buy rating and $340 price target.
Shares rose 5.3% in early trading.
“We view Celestica as a winner amongst growing AI data center build deployments due to their competitive advantage against other ODMs and EMS players in engineering, as well as the company’s ability to quickly and reliably scale production,” Goldman analyst Michael Ng wrote in a note to clients. “As such, we view CLS’ [ greater than] 150% YTD return in 2025 as justified as its valuation converges towards other hyperscale-exposed networking vendors (e.g., ANET), with over 40% growth in NTM+1 EPS estimates and ~18X NTM P/E multiple expansion.”
Despite the strong return year-to-date, Ng added that he believes there is more room to run “as the company benefits from ongoing growth amongst hyperscale and large tier-2 cloud data center spend, where the company has demonstrated its ability to win customer programs; and as Celestica gains traction within higher-margin ODM server business, relative to its traditional position as an EMS server player.” As such, Ng said Celestica's revenue could hit $21.4B in 2029, up from $9.6 in 2024.

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