
CGI Group (GIB) Stock Forecast & Price Target
CGI Group (GIB) Analyst Ratings
Bulls say
CGI has demonstrated a robust financial performance, with managed services revenue increasing by 11% year-over-year to reach $2.22 billion. On a trailing twelve-month basis, the company reported a free cash flow of $1.8 billion, reflecting a 1% year-over-year growth, while free cash flow per share saw a 3% increase. Additionally, the organic growth in managed services revenue, which rose by 6% when adjusted for constant currency, indicates a strong position in its market segments.
Bears say
CGI experienced a decline in margins, falling 10 basis points year-over-year to 16.3% in Q3, primarily due to the dilutive effects of recent acquisitions. Additionally, the company's bookings decreased sequentially, although this trend was consistent with prior estimates, reflecting potential challenges in maintaining growth momentum. Furthermore, intellectual property (IP) contributed 21% to total revenue, which was stable compared to the previous quarter but down from 23% in Q3 of FY24, indicating a potential weakening in revenue diversification.
This aggregate rating is based on analysts' research of CGI Group and is not a guaranteed prediction by Public.com or investment advice.
CGI Group (GIB) Analyst Forecast & Price Prediction
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