Celestica's Multi-Year AI Roadmap Offers Confidence -- Market Talk
Dow Jones2026/07/28 15:351135 ET - Celestica is "lifting the fog" on multi-year AI demand with its 2027 growth targets, says TD Cowen's John Shao. By signaling that 2027 revenue growth will "accelerate beyond the 65%" rate expected for 2026, the analyst says Celestica is providing rare long-term visibility that buck fears of AI infrastructure spending peaking. Shao says that by applying this bottom-end to Celestica's upgraded forecast implies 2027 revenue of $33.8 billion and adjusted EPS of $20.64, far outpacing Street consensus of $27.1 billion and $15.08. "The new explicit FY27 growth visibility offers much-needed confidence amid market turmoil," Shao says. Shares are up 3.2% to C$464. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 11:35 ET (15:35 GMT)
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