Celestica: When Engineering Becomes the Moat

Celestica Inc. (NYSE: CLS) has shifted from being a low‑margin contract assembler to a deeply embedded engineering partner for hyperscale customers building AI data centers, creating what the author describes as a competitive “moat.” The company is now expected to support more than a **28% compound annual revenue growth rate through 2028** as it broadens its role in complex networking and cloud infrastructure solutions. A key driver of growth is Celestica’s Connectivity and Cloud Solutions segment, projected to expand around 40% in 2026 with strong momentum into 2027. The firm also holds approximately 41% share in high‑bandwidth Ethernet platforms and more than 50% share in custom hyperscaler designs, highlighting its strategic position in critical infrastructure systems. Revenue forecasts suggest an increase from about $12 billion in 2025 to more than $21 billion by 2027, although its valuation multiples—such as a 51x forward non‑GAAP P/E and high EV/EBITDA—reflect premium expectations and limited room for execution missteps. #Celestica #AIInfrastructure #TechGrowth #EngineeringMoat #SlimScan #GrowthStocks #CANSLIM