Analysts expect the stock price of AI hardware company Celestica (CLS) to double over the next three years, as its Q2 revenue grew 62% and it raised its full-year guidance.

Yahoo Finance analysis indicates that the stock price of AI hardware company Celestica (CLS) is expected to double over the next three years. The company’s second-quarter revenue rose 62% year-over-year to $4.7 billion, while earnings per share increased 83% to $2.54.Celestica has raised its 2026 revenue forecast from $19 billion to $20.5 billion and its non-GAAP earnings per share (EPS) forecast from $10.15 to $11.30.Analysts expect Celestica’s earnings per share to reach $26.96 by 2028. Based on a price-to-earnings ratio of 33 times the Nasdaq 100 index, the stock price could rise to $890—nearly 2.7 times its current price.