Should You Buy CGI Inc (GIB) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy now for a long-term beginner portfolio. The AI Stock Picker is explicitly bullish (treat as strong buy), the stock is sitting right on key support (~85.15) after a sharp pullback, and fundamentals/news are supportive (7.7% YoY revenue growth, strong cash flow, buyback authorization). Despite bearish near-term technical trend (downtrend), the current level looks like a favorable long-term entry for an impatient investor.
Technical Analysis
Trend is bearish but stretched/near support. Price ~85.31 is essentially on S1 support (85.154); next support is S2 ~82.53. Moving averages are bearish (SMA_200 > SMA_20 > SMA_5), confirming an established downtrend. MACD histogram is negative (-0.7) and expanding lower (momentum still bearish). RSI_6 ~23.98 signals short-term oversold conditions (despite the label saying 'neutral', this level is typically oversold), which often precedes a bounce—especially when price is at support. Upside levels to reclaim: pivot ~89.40, then ~93.65.
Analyst Ratings and Price Target Trends
Recent trend is mixed/leaning cautious compared to earlier optimism. Notable actions: CIBC downgraded to Neutral (Dec 2025). Jefferies downgraded to Hold with a reduced PT ($81 from $105) citing organic growth lagging peers and risk to 2026 estimates (Nov 2025). More recently, TD Securities reaffirmed Buy with C$145 PT (Jan 27, 2026) emphasizing organic growth, margin improvements, strong FCF/balance sheet and M&A backdrop. Scotiabank initiated/assumed coverage at Sector Perform with C$140 PT (Jan 27, 2026) citing discretionary IT spending exposure and softer sales trends. Wall Street pros: strong cash flow, balance sheet, backlog, potential margin improvement, M&A optionality. Cons: organic growth concerns vs peers and sensitivity to discretionary enterprise IT spend. Politicians/congress: No recent congress trading data available. Hedge funds/insiders: Neutral (no significant recent trend).
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 USD and a high forecast of 270 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.
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 USD and a high forecast of 270 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.
Current: 86.350
Current: 86.350
