11:43 AM EDT, 04/28/2026 (MT Newswires) -- RBC Capital Markets maintained its outperform rating and US$400 price target on the shares of Celestica (CLS.TO, CLS) after the company reported its first-quarter financial results on Monday.

The bank believes Celestica delivered "another solid beat and raise."

"Even though the magnitude of the Q1 beat was smaller than Celestica's TTM average, the increase in FY26 guidance is more than double the increase last quarter,"the bank noted.

"Additionally, Celestica's comments imply FY27 revenue above consensus, said analyst Paul Treiber. "The shares are down ~8% after-hours, which may reflect high investor expectations for the quarter, given the 51% rally in the stock over the last month."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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