CGI stock falls 2.05 percent as France selects 70-app program

Published on 10/07/2026 at 01:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CGI stock was last at USD 69.60 on October 6, 2026, down 2.05 percent as France selected CGI for a 70-app modernization program. Q3 EPS rose 22.5 percent.

GIB, CA12532H1047, Illustration mit AI erstellt.

CGI stock (ISIN CA12532H1047) was last at USD 69.60 on the NYSE on October 6, 2026, down 2.05 percent from the prior close. On the same date, France selected CGI for a modernization program covering more than 70 business applications, giving the IT services company a fresh public-sector contract to pair with its latest quarterly growth.

France selects CGI for 70 apps

As StockTitan reported on October 6, 2026, the French Ministry of Agriculture, Agri-Food and Food Sovereignty selected CGI after an open call for bids. CGI will use its CGI MAP solution and its Digital Innovation Centre in France to modernize the ministry's information system.

The program covers more than 70 applications used by citizens and ministry employees. That scope links the contract to CGI's established government technology business, while the 2.05 percent NYSE decline shows that the announcement did not immediately outweigh the session's selling pressure.

Q3 EPS grows faster than revenue

CGI's investor page reports Q3 fiscal 2026 revenue of CAD 4.19 billion, up 2.5 percent year over year, while net earnings increased 13.8 percent to CAD 465.2 million. Diluted EPS rose 22.5 percent to CAD 2.23, a wider gain than revenue and a key measure for shareholders assessing the quarter.

The same Q3 release reported adjusted diluted EPS of CAD 2.29, up 9.0 percent, and operating cash flow of CAD 604.5 million. Bookings reached CAD 4.20 billion, producing a trailing twelve-month book-to-bill ratio of 108.1 percent, while backlog stood at CAD 31.79 billion, equal to 1.9 times annual revenue, according to CGI.

Analyst target remains above NYSE price

MarketBeat reported on October 6, 2026, that RBC Capital maintained a Sector Perform rating and a USD 100.00 price target. The article also listed seven Hold ratings and an average consensus target of USD 83.67, putting that average 20.2 percent above the USD 69.60 NYSE price.

CGI stock stays below its yearly high

CGI stock was last at USD 69.60 on October 6, 2026, with a session range of USD 68.90 to USD 70.72 and volume of 378,732 shares. Its 52-week range was USD 59.63 to USD 95.20, while market capitalization stood at USD 14.9 billion.