CGI Inc. shares fell 3.82% and hit a 20-day low amid a broader market decline, with the Nasdaq-100 down 2.02% and the S&P 500 down 1.98%.
The decline in CGI's stock price comes despite the announcement of an expanded partnership with Google Cloud, which aims to enhance the integration of the Gemini Enterprise AI platform into CGI's services. This multi-year agreement will provide CGI consultants with access to advanced AI tools, improving service efficiency and customer satisfaction. The collaboration includes joint training programs and technology integration, positioning CGI to better meet market demands for AI solutions.
This partnership is expected to strengthen CGI's competitive edge in the IT consulting sector, allowing for improved service delivery and innovation. However, the current market conditions may have overshadowed this positive development, leading to the stock's decline.
Wall Street analysts forecast GIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIB is 129.22 USD with a low forecast of 81.00 USD and a high forecast of 270.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast GIB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIB is 129.22 USD with a low forecast of 81.00 USD and a high forecast of 270.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 86.350
Low
81.00
Averages
129.22
High
270.00
Current: 86.350
Low
81.00
Averages
129.22
High
270.00
Scotiabank
Kevin Krishnaratne
Sector Perform
initiated
$140
2026-01-27
New
Reason
Scotiabank
Kevin Krishnaratne
Price Target
$140
AI Analysis
2026-01-27
New
initiated
Sector Perform
Reason
Scotiabank analyst Kevin Krishnaratne assumed coverage of CGI with a Sector Perform rating and C$140 price target. The firm cites the company's exposure to discretionary IT spending for the neutral rating. CGI's Systems Integration and Consulting segment has been posting book-to-bill ratios of less than100% over the past several quarters, contributing to softer sales trends, and this will persist through at least the first half of 2026, As previously reported,
TD Securities
David Kwan
Buy
maintain
$145
2026-01-27
New
Reason
TD Securities
David Kwan
Price Target
$145
2026-01-27
New
maintain
Buy
Reason
TD Securities transferred coverage of CGI to analyst David Kwan, who kept a Buy rating and C$145 price target on the shares. The firm said they believe CGI is "poised to deliver stronger organic growth and margin improvements that should augment its strong free cash flow and balance sheet," adding that it believes "the pickup in M&A activity could continue, particularly given the attractive M&A environment."
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Scotiabank
maintain
$26 -> $27
2026-01-16
Reason
Scotiabank
Price Target
$26 -> $27
2026-01-16
maintain
Reason
Scotiabank raised the firm's price target on Gibson Energy to C$27 from C$26 and keeps a Sector Perform rating on the shares.
CIBC
Outperformer -> Neutral
downgrade
$139
2025-12-14
Reason
CIBC
Price Target
$139
2025-12-14
downgrade
Outperformer -> Neutral
Reason
CIBC downgraded CGI to Neutral from Outperformer with a C$139 price target.
About GIB
CGI Inc. is a Canada-based independent information technology (IT) and business consulting services company. It delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (France, Portugal and Spain); United States (U.S.) Commercial and State Government; U.S. Federal; Canada; Scandinavia, Northwest and Central-East Europe (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic); United Kingdom (U.K.) and Australia; Germany; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. It also has a presence in other European countries and Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
