$CLS (-5.4%)

The calendar of quarterly reports released by many companies this week:

$SCCO (+1.21%)
$VZ (+0.66%)
$CDNS (-1.42%)
$PSA (+4.22%)
$NUE (-0.02%)
$CLS (-5.4%)
$VTR (+3.19%)
$CINF (+0.37%)
$AVB (-0.8%)
$BRO (+0.02%)
$AMKR (+1.39%)
$RMBS
$SUI (-1.65%)
$PEN (-0.04%)
$DPZ (+1.47%)
$TFII (-2.42%)
$CCK
$UHS (+2.41%)
$SANM (-4.84%)
$CR (+4.2%)
$BRX (+3.36%)
$GGB (-0.76%)
$META (-0.43%)
$ICLR (-0.66%)
$SSD (+3.6%)
$NOVO B (+2.05%)
$OMAB (-0.47%)
$SEB
$SEI (-2.27%)
$KRC (+1.22%)
$CDP (-0.45%)
$PII (+2.25%)
$ARLP
$BLX (-0.48%)
$LC (+2.7%)
$CTOS
$NWBI (+0.81%)
$STEL
$FSUN
$HLMN
$GABC (+1.04%)
$LKFN
$OPY
$DEA
$HBT (+0.78%)
$NBN (+3.35%)
$BFST (+0.4%)
$CPAC (+1.68%)
$FSBC (+1.06%)
$VLRS (+1.57%)
$SMP (-2.31%)
$NEGG (-6.21%)
$FCBC
$KFRC (+0%)
$UHT (+1.19%)
$FULC
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$BSRR
$RNGR (-2.51%)
$BMRC
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$LTBR (-4.39%)
$CBK
$NWFL
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$AVBH
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$ZENA (+4.88%)
$HITT
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$BYON
https://finance.yahoo.com/calendar/earnings/

Hello my dears,

Many of you may have already noticed.

In order to be able to continue to provide you with added value and because of the work involved. I have taken the liberty of bringing in an intern.

In contrast to the popular prompts, Juan is just an intern who supports me.

In the form of:

• research
• creating tables
• small analyses
• creating rankings etc.

However, I will not let the company ideas and design be taken out of my hands.

I will give my assessments of the companies. But it is still very important to me to discuss with you in the comments. And in the end, not to leave the purchase decision to someone else. But thanks to the good input from Juan. And a good constructive discussion with the community.

But now I have once again strayed from the actual topic.

That would be today:

• My long watchlist

So I gave Juan the task of doing a little filtering and browsing here.

And me - tenbagger candidates from the watchlist -

The amazing thing for me was that Juan picked out some stocks. Which are already in my portfolio, but were still on the watchlist.

Apparently I also have a good nose for tenbagger candidates, without Juan. Or Juan has learned well from the old master 🙈😂.

In a new series starting today, I will present Juan's Tenbagger candidates to you in company presentations.

Today, however, I would like to start with my portfolio stocks, which Juan has filtered out.

(You can find the company presentations in the links)

It is important for me to emphasize that these are not investment recommendations, but purely a selection by dear Juan. The short analyses also come from Juan. The company presentations under the link are mine.

🚀 Top tenbagger candidates from your watchlist

(from my portfolio)

1) Exosens (EXE / EXENS) $EXENS (+0.29%)

Sector: High-end sensor technology, photonics Why tenbagger potential:

• Extremely strong demand from defense, space, satellites, drones
• European hidden champion with global moat
• Structural tailwind from military modernization Typical development: Mid-cap → large-cap due to serial orders

1) Exosens (EXE)

Why top opportunity:

• Defense/photonics super trend
• Series orders + structural demand
• Chart: fresh trend, hardly any resistance Opportunity: very high Risk: moderate Type: Quality-Growth + Defense

1) Exosens (EXE)

• Trend strong
• Resistance just above

Defense flow supported

Company presentation: https://getqu.in/wpoyWP/

2) Kraken Robotics (PNG). $PNG (-4.69%)

Sector: Maritime Robotics, Sonar, Defense Why tenbagger potential:

• NATO contracts, underwater drones, mine clearance
• Extremely small market cap, but high-tech monopoly in niches
• Geopolitical tailwind (Arctic, naval modernization) Risk: high, but asymmetrically positive

2) Kraken Robotics (PNG)

Why top opportunity:

• NATO contracts + underwater drone boom
• Micro-cap with real technological moat
• Chart: Volume increase, early trend acceleration Opportunity: Extremely high Risk: High Type: asymmetric high-conviction play

Company introduction:

https://getqu.in/7DJH5m/

Very great presentation of the dear @Klein-Anleger

https://getqu.in/7DJH5m/

3) Innodata (INOD). $INOD (-5.94%)

Sector: AI training data, data labeling Why tenbagger potential:

• Benefits directly from the AI boom
• Extremely small cap, but strategically important sector
• if 1-2 big tech deals come along → explosion possible Volatility: brutal, but enormous opportunity

Company presentation:

https://getqu.in/SP0dFV/

9) Celestica (CLS). $CLS (-5.4%)

Why top opportunity:

• AI hardware boom (servers, racks, DC infra)
• Strong earnings momentum
• Chart: Trend stable, no overheating Opportunity: High Risk: moderate Type: AI enabler with real cash flow

9) Celestica (CLS)

• Trend stable
• AI hardware cycle
• Breakout above next high possible

Company presentation:

https://getqu.in/SP0dFV/

Juan proceeds according to three criteria:

Structural hyper-growth theme (AI, Defense, Space, Semis, Robotics)

Small/mid-cap with scaling potential

Already visible product/technology moat

A few stocks stand out from your list that realistically have the potential to become x10 multiply - not in 6 months, but over 3-7 years.

🧭 My conclusion for you

Your watchlist is extremely well curated. You have a mixture of:

• Deep-Tech Defense (Exosens, Exail, Kraken)
• AI Enabler (Innodata,)
• Moonshots

→ real tenbagger candidates - and that is rare.

$CLS (-5.4%)

Hello my dears,

I made a small additional purchase today.

The share is approaching the 200-day line. I think this means that the consolidation should soon be over.

As already described in my analysis, the company's fundamentals look good.

I am therefore very confident.

$CLS (-5.4%)

Hello my dears,

I'm sure many of you will have already seen it yesterday. That I used the little dip at Celestica for my first purchase. @Hotte1909

Due to the sudden purchase, the company presentation is only available today after the purchase.

Opinions and assessments of the company are welcome in the comments.

Celestica Inc. is engaged in the design, manufacture and deployment of hardware platforms and supply chain solutions. The company offers its customers worldwide supply chain solutions in two business segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment comprises the ATS end market and is made up of the Aerospace & Defense (A&D), Industrial, HealthTech and Capital Equipment business units. The Capital Equipment segment comprises the Semiconductor, Display and Robotics Equipment business units. The CCS segment consists of the Communication and Enterprise end markets. The enterprise market consists of Celestica's server and storage business. Celestica provides a range of product manufacturing and related supply chain services to its customers in both segments, including design and development, new product introduction, technical services, component sourcing, electronics manufacturing and assembly, testing and systems integration.

Number of employees: 21,914

Celestica is a Toronto-based contract manufacturer of high-performance hardware. The group develops, builds and integrates complete server, storage and network platforms for large tech customers - right up to fully equipped racks for data centers. In addition to cloud and communications equipment, Celestica also supplies industrial customers, aerospace, medical technology and semiconductor equipment manufacturers, providing not only manufacturing, but also engineering, supply chain and post-delivery service.

It is precisely this model - Celestica sells not just components, but complete, customer-specific infrastructure blocks for data centers - that is now at the heart of a major stock market story: the Group reports a strong quarter, raises its annual forecast and presents an aggressive growth target for 2026 for the first time. The management is thus openly positioning Celestica as a beneficiary of the global AI data center boom.

AI data centers drive the story

The growth driver is the "Connectivity & Cloud Solutions" (CCS) division, in which Celestica supplies complete server, storage and network platforms for cloud and communications customers, among other things. This unit generated revenue of 2.41 billion dollars in the quarter, an increase of 43% compared to the same period last year. The division is benefiting directly from the fact that hyperscalers and other major customers are currently building up additional AI data center capacities - including hardware for AI inference, network technology, power supply and cooling. Hardware Platform Solutions alone generated around 1.4 billion USd in revenue, +79% compared to the previous year.

Celestica is thus openly presenting itself as part of the AI infrastructure chain: The company argues that the current expansion of AI data centers is not a short-term peak, but a multi-year investment cycle that will continue into 2026 and 2027. It is precisely this narrative - structural growth instead of a one-off effect - that is now at the heart of the investment thesis surrounding the share.

Markets

• Unternehmen

Tailor-made solutions bring next-generation computing, storage and networking products to the market faster for data center and edge markets.

• Verkehrsmittel
• Luft- und Raumfahrt und Verteidigung
• Industrie- und intelligente Energie
• HealthTech
• Kapitalausrüstung

Services

• Entwurf und Ingenieurwesen
• Fertigungsdienstleistungen
• Logistik und Erfüllung
• Nachrüstdienste
• Präzisionsbearbeitung
• Lieferkettendienstleistungen
• Produktlizenzierungsdienste
• Einführung eines neuen Produkts
• Prüfung und Qualität
• Rack-Integrationsdienste

Celestica Inc (TSX: CLS) (NYSE: CLS) is a leader in design, manufacturing, hardware platforms and supply chain solutions for the world's most innovative companies.

Locations: Over 40 manufacturing and design centers worldwide

Locations

America

• Canada, Toronto
• Canada, Newmarket
• USA, Alburtis
• USA, Boston
• USA, Fremont
• USA, Maple Grove
• USA, Portland
• USA, Richardson
• USA, Tucson
• USA, San Jose
• USA, Silicon Valley
• USA, Rancho Cucamonga
• Mexico, Monterrey

Europe

• Ireland, Galway
• Romania, Oradea
• Spain, Valencia

Asia

• China, Kunshan
• China, Dongguan
• China, Shanghai
• China, Suzhou
• China, GBS Suzhou
• China, Xiamen
• Hong Kong
• India, Chennai
• Indonesia, Bandung
• Indonesia, Batam
• Japan, Hino
• Japan, Miyagi
• Philippines, Manila
• South Korea, Asan
• South Korea, Incheon
• Laos, Savannakhet
• Malaysia, Johor
• Malaysia, Johor
• Malaysia, Kulim
• Malaysia, Penang
• Singapore, Serangoon
• Singapore, Pioneer Road
• Singapore, Woodlands
• Thailand, Laem Chabang

November 17, 2025

Celestica introduces SD6300 platform aimed at ensuring maximum storage density for enterprise and AI applications

Q4 2025 financial results

Jan. 29, 26 at 8:00 a.m. EST

Finanzergebnisse Q4 2025 | Celestica Inc.

USD in millions

Estimates

Year Sales Change

2024 9.646 21,17 %

2025 12.391 28,46 %

2026 16.496 33,13 %

2027 22.103 33,99 %

Year EBIT Change

2024 441,6 -0,81 %

2025 927 109,92 %

2026 1.385 49,37 %

2027 1.788 29,1 %

Year Net result Change

2024 428 74,98 %

2025 832,5 94,51 %

2026 1.039 24,8 %

2027 1.323 27,3 %

Year Net debt CAPEX

2024 373 168

2025 362 189,1

2026 -157 347,1

2027 429,4

Year Free cash flow Change

2024 261,4 -14,18 %

2025 421,8 61,34 %

2026 525,8 24,67 %

2027 658,8 25,29 %

Year EBIT margin ROE

2024 4,58 % 23,34 %

2025 7,48 % 31,86 %

2026 8,39 % 32,72 %

2027 8,09 % 35,68 %

Year Earnings per share Change

2024 3,61 77,83 %

2025 7,16 98,34 %

2026 8,62 32,59 %

2027 11,7 35,8 %

Year P/E ratio PEG

2024 25.5x 0.3x

2025 41.4x 0.4x

2026 36.4x 1.4x

2027 25.1x 0.6x

Market value 34,283

Number of shares (in thousands) 114,900

Date of publication 28,01,2026

Share structure

• Number of shares outstanding decreases continuously:
• 121.6 million (2022) → 119.0 million (2023) → 116.1 million (2024). → Buy-backs have an EPS-increasing effect.

Celestica shows exceptionally strong operational momentum with increasing sales, margins, cash flows and returns on capital - driven by AI/cloud demand and efficient capital management.

$CLS (-5.4%)

Celestica Performance

Ø 10 years 41.86 %

Ø 5 years 105.96 %

Ø 4 years 121.26 %

Ø 3 years 186.34 %

Ø 2 years 200.66 %

2024 215,23 %

2025 220,27 %

$CLS (-5.4%)

My dears,

With today's price reduction, let's listen to the analysts. 🙈🙈

(No investment recommendation)

📰 Key messages of the article

BofA Securities initiates coverage for Celestica

• Recommendation:
  Buy
• Target price:
  400 USD
• Current price according to the article: 333.17 USD
• Performance 2025: +252 % return according to InvestingPro

Reason for the buy recommendation

• Celestica is regarded as leading provider of white box switches.
• Benefits strongly from the AI-driven upgrade cycle in data centers:
• 400G, 800G and 1.6T switching
• Growth in ASIC-accelerated servers
• BofA expects further market share gains in these segments.
• Particularly strong financial year 2027 expected:
• Many new programs to be launched
• Profit estimates above consensus

Valuation & key figures

• Target price based on:
• 32× estimated EPS 2027 of USD 12.36
• Implied PEG 0.7
• Current PEG according to article: 0,48
• Despite a P/E ratio of 53.91, BofA considers the share undervaluedas the earnings growth is extremely high (CAGR 47% until 2027).

Further analyst opinions

• Aletheia Capital:
• Price target of 330 → 410 USD increased
• Expected Tripling of EPS 2025-2027
• BMO Capital:
• Confirmed Outperform
• Target price 370 USD
• Expects strong Q4 2025, especially in the area of Tensor Processing Units
• Celestica is one of the Top Tech Picks 2026 from BMO

$CLS (-5.4%)

$IREN (-10.61%)
$CIFR (-5.87%)
$BTC (-0.92%)

Maybe some exciting companies for you ✌️

I am currently only in $IREN (-10.61%) and $CIFR (-5.87%) which are the most promising for me in terms of the opportunity/return ratio. In the event of a further setback, I would $CIFR (-5.87%) probably add a little more and perhaps pick up one or two other companies.

AI stocks, sorted by YTD performance:

Hyperscalers: $GOOGL (-0.97%)
$MSFT (-2.18%)
$AMZN (-0.86%)
$ORCL (-4.32%)
$BABA (-5.71%)

Neocloud: $NBIS (-3.15%)
$IREN (-10.61%)
$CRWV (-6.39%)
$APLD (-9.05%)
$GLXY (+4.55%)
$WYFI (-3.9%)

Memory: $SNDK (+0.7%)
$STX (-5.52%)
$MU (-0.96%)
$WDC (-4.1%)
$PSTG (-6.83%)

Semiconductor: $NVDA (-1.54%)
$AVGO (-1.43%)
$AMD (-3.45%)
$TSM (-2.16%)
$ASML (+1.1%)
$ARM (-7.17%)
$KLAC (-0.42%)
$INTC (-1.87%)

Networking: $CIEN (-7.49%)
$CLS (-5.4%)
$CRDO
$RMBS (-5.05%)
$ANET (-4.43%)
$APH (+6.1%)
$COHR (-13.44%)

Servers: $VRT (-5.83%)
$DELL (-4.4%)
$HPE (-3.21%)

Data: $INOD (-5.94%)
$PLTR (-3.69%)
$SNOW (-1.56%)
$DDOG (-3.08%)
$MDB (-4.08%)

Energy: $LEU (-6.21%)
$CEG
$OKLO
$TLNE
$GEV (-2.48%)
$NXT (+0%)

Batteries: $EOSE (-6.68%)
$QS (-5.28%)
$TSLA (-4.27%)
$MVST (-10.27%)

Every AI Value Chain explained: