CGI (GIB) Stock Forecast, Price Target & Predictions
GIB Stock Forecast
CGI stock forecast is as follows: an average price target of $100.82 (represents a -11.98% downside from GIB’s last price of $114.54) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
GIB Price Target
The average price target for CGI (GIB) is $100.82 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $86.74. This represents a potential -11.98% downside from GIB's last price of $114.54.
GIB Analyst Ratings
According to 10 Wall Street analysts, CGI's rating consensus is 'Buy'. The analyst rating breakdown for GIB stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CGI Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 02, 2024 | Surinder Thind | Jefferies | $120.00 | $99.02 | 21.19% | 4.77% |
| Nov 11, 2021 | Robert Young | Canaccord Genuity | $103.45 | $89.07 | 16.14% | -9.68% |
| Sep 14, 2021 | Jason Kupferberg | Bank of America Securities | $93.10 | $89.53 | 3.99% | -18.72% |
| Apr 30, 2021 | Derric Marcon | Societe Generale | $86.74 | $88.46 | -1.95% | -24.27% |
The latest CGI stock forecast, released on Jul 02, 2024 by Surinder Thind from Jefferies, set a price target of $120.00, which represents a 21.19% increase from the stock price at the time of the forecast ($99.02), and a 4.77% increase from GIB last price ($114.54).
CGI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $120.00 |
| Last Closing Price | $114.54 | $114.54 | $114.54 |
| Upside/Downside | -100.00% | -100.00% | 4.77% |
In the current month, the average price target of CGI stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CGI's last price of $114.54. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | CIBC | Neutral | Outperform | Upgrade |
| Aug 02, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 01, 2024 | Raymond James | Outperform | Outperform | Hold |
| Aug 01, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 01, 2024 | CIBC | Neutral | Neutral | Hold |
| Aug 01, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 29, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 19, 2024 | UBS | Neutral | Initialise | |
| Jul 02, 2024 | Jefferies | Buy | Initialise | |
| Jun 21, 2024 | CIBC | Neutral | Downgrade | |
| May 02, 2024 | TD Securities | Buy | Upgrade | |
| May 02, 2024 | Cowen & Co. | Buy | Upgrade | |
| Feb 02, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Feb 02, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Jul 28, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Jul 28, 2022 | BMO Capital | Outperform | Outperform | Hold |
CGI's last stock rating was published by CIBC on Oct 14, 2024. The company Upgrade its GIB rating from "Neutral" to "Outperform".
CGI Financial Forecast
CGI Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.72B | $3.45B | $3.25B | $3.26B | $3.27B | $3.09B | $3.01B | $3.02B | $3.08B | $3.02B | $2.93B | $3.05B |
| Avg Forecast | $3.88B | $3.95B | $3.91B | $3.94B | $3.77B | $3.79B | $3.81B | $3.67B | $3.60B | $3.61B | $3.65B | $3.51B | $3.60B | $3.68B | $3.79B | $3.58B | $3.52B | $3.64B | $3.57B | $3.29B | $3.17B | $3.22B | $3.18B | $3.14B | $2.96B | $3.05B | $3.08B | $3.03B | $2.96B | $2.97B |
| High Forecast | $3.92B | $3.99B | $3.95B | $3.98B | $3.81B | $3.83B | $3.85B | $3.70B | $3.64B | $3.65B | $3.69B | $3.52B | $3.64B | $3.72B | $3.83B | $3.60B | $3.56B | $3.67B | $3.60B | $3.33B | $3.17B | $3.22B | $3.18B | $3.14B | $2.96B | $3.05B | $3.08B | $3.03B | $2.96B | $2.97B |
| Low Forecast | $3.84B | $3.91B | $3.87B | $3.90B | $3.73B | $3.75B | $3.77B | $3.63B | $3.57B | $3.57B | $3.64B | $3.50B | $3.57B | $3.65B | $3.75B | $3.57B | $3.48B | $3.60B | $3.53B | $3.26B | $3.17B | $3.22B | $3.18B | $3.14B | $2.96B | $3.05B | $3.08B | $3.03B | $2.96B | $2.97B |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.05% | 1.02% | 1.01% | 1.03% | 0.99% | 1.01% | 0.99% | 1.00% | 1.00% | 0.99% | 1.03% |
CGI's average Quarter revenue forecast for Jun 23 based on 6 analysts is $3.64B, with a low forecast of $3.60B, and a high forecast of $3.67B. GIB's average Quarter revenue forecast represents a -2.09% decrease compared to the company's last Quarter revenue of $3.72B (Mar 23).
CGI EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $739.73M | $679.04M | $645.74M | $637.17M | $641.94M | $637.10M | $616.13M | $601.94M | $610.23M | $623.40M | $516.55M | $538.49M |
| Avg Forecast | $737.77M | $751.34M | $743.44M | $749.91M | $717.40M | $721.93M | $724.87M | $698.01M | $685.89M | $687.54M | $694.81M | $668.29M | $685.76M | $701.17M | $759.17M | $681.56M | $670.26M | $692.30M | $690.15M | $676.22M | $624.54M | $633.95M | $627.41M | $617.68M | $583.49M | $600.78M | $601.05M | $595.66M | $581.98M | $584.26M |
| High Forecast | $745.09M | $758.79M | $750.81M | $757.35M | $724.51M | $729.09M | $732.06M | $704.94M | $692.69M | $694.35M | $701.70M | $670.75M | $692.56M | $708.13M | $911.00M | $684.19M | $677.34M | $699.16M | $828.18M | $811.46M | $624.54M | $633.95M | $752.89M | $617.68M | $583.49M | $600.78M | $721.26M | $595.66M | $581.98M | $584.26M |
| Low Forecast | $730.03M | $743.45M | $735.63M | $742.04M | $709.87M | $714.35M | $717.26M | $690.69M | $678.69M | $680.32M | $692.35M | $665.82M | $678.56M | $693.81M | $607.33M | $678.93M | $662.50M | $685.03M | $552.12M | $540.98M | $624.54M | $633.95M | $501.93M | $617.68M | $583.49M | $600.78M | $480.84M | $595.66M | $581.98M | $584.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.00% | 1.03% | 1.01% | 1.02% | 1.03% | 1.06% | 1.00% | 1.02% | 1.05% | 0.89% | 0.92% |
6 analysts predict GIB's average Quarter EBITDA for Jun 23 to be $692.30M, with a high of $699.16M and a low of $685.03M. This is -6.41% lower than CGI's previous annual EBITDA (Mar 23) of $739.73M.
CGI Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $419.42M | $382.38M | $362.36M | $364.34M | $371.99M | $367.45M | $345.93M | $338.47M | $341.21M | $343.45M | $251.91M | $260.91M |
| Avg Forecast | $553.09M | $571.75M | $554.52M | $560.73M | $495.84M | $495.41M | $491.84M | $470.49M | $454.23M | $451.78M | $451.14M | $423.87M | $438.52M | $439.89M | $441.16M | $419.41M | $405.10M | $411.81M | $401.06M | $390.01M | $353.05M | $353.28M | $364.60M | $336.01M | $309.22M | $310.15M | $336.08M | $287.57M | $267.93M | $257.36M |
| High Forecast | $560.22M | $579.12M | $561.67M | $567.96M | $502.24M | $501.80M | $498.18M | $476.56M | $460.09M | $457.61M | $459.98M | $429.89M | $440.71M | $442.53M | $529.40M | $425.81M | $414.52M | $417.12M | $481.27M | $468.01M | $353.05M | $353.28M | $437.52M | $336.01M | $320.28M | $310.15M | $403.30M | $287.57M | $267.93M | $257.36M |
| Low Forecast | $545.55M | $563.94M | $546.95M | $553.07M | $489.08M | $488.65M | $485.12M | $464.07M | $448.03M | $445.61M | $439.34M | $411.85M | $436.34M | $437.25M | $352.93M | $413.00M | $398.82M | $406.19M | $320.85M | $312.01M | $353.05M | $353.28M | $291.68M | $336.01M | $298.16M | $310.15M | $268.87M | $287.57M | $267.93M | $257.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.98% | 1.03% | 1.03% | 1.02% | 1.09% | 1.12% | 1.09% | 1.02% | 1.19% | 0.94% | 1.01% |
CGI's average Quarter net income forecast for Jun 23 is $411.81M, with a range of $406.19M to $417.12M. GIB's average Quarter net income forecast represents a -1.81% decrease compared to the company's last Quarter net income of $419.42M (Mar 23).
CGI SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $147.97M | $150.69M | $149.10M | $150.40M | $143.88M | $144.79M | $145.38M | $139.99M | $137.56M | $137.89M | $139.35M | $134.03M | $137.54M | $140.63M | $144.58M | $136.69M | $134.43M | $138.85M | $136.19M | $125.73M | $121.11M | $122.94M | $121.53M | $119.78M | $113.15M | $116.50M | $117.41M | $115.51M | $112.86M | $113.30M |
| High Forecast | $149.43M | $152.18M | $150.58M | $151.89M | $145.31M | $146.23M | $146.82M | $141.38M | $138.93M | $139.26M | $140.73M | $134.53M | $138.90M | $142.02M | $146.02M | $137.22M | $135.85M | $140.22M | $137.54M | $126.98M | $121.11M | $122.94M | $121.53M | $119.78M | $113.15M | $116.50M | $117.41M | $115.51M | $112.86M | $113.30M |
| Low Forecast | $146.41M | $149.11M | $147.54M | $148.82M | $142.37M | $143.27M | $143.85M | $138.52M | $136.12M | $136.44M | $138.86M | $133.54M | $136.09M | $139.15M | $143.07M | $136.17M | $132.87M | $137.39M | $134.76M | $124.41M | $121.11M | $122.94M | $121.53M | $119.78M | $113.15M | $116.50M | $117.41M | $115.51M | $112.86M | $113.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CGI's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to GIB last annual SG&A of $NaN (undefined).
CGI EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.78 | $1.62 | $1.53 | $1.53 | $1.55 | $1.51 | $1.41 | $1.38 | $1.36 | $1.34 | $0.98 | $1.01 |
| Avg Forecast | $2.40 | $2.48 | $2.41 | $2.43 | $2.15 | $2.15 | $2.13 | $2.04 | $1.97 | $1.96 | $1.96 | $1.84 | $1.90 | $1.91 | $1.95 | $1.82 | $1.76 | $1.79 | $1.72 | $1.59 | $1.53 | $1.53 | $1.51 | $1.46 | $1.34 | $1.35 | $1.33 | $1.25 | $1.16 | $1.12 |
| High Forecast | $2.43 | $2.51 | $2.44 | $2.46 | $2.18 | $2.18 | $2.16 | $2.07 | $2.00 | $1.98 | $2.00 | $1.86 | $1.91 | $1.92 | $1.97 | $1.85 | $1.80 | $1.81 | $1.74 | $1.61 | $1.53 | $1.53 | $1.55 | $1.46 | $1.39 | $1.35 | $1.33 | $1.25 | $1.16 | $1.12 |
| Low Forecast | $2.37 | $2.45 | $2.37 | $2.40 | $2.12 | $2.12 | $2.10 | $2.01 | $1.94 | $1.93 | $1.91 | $1.79 | $1.89 | $1.90 | $1.93 | $1.79 | $1.73 | $1.76 | $1.70 | $1.57 | $1.53 | $1.53 | $1.47 | $1.46 | $1.29 | $1.35 | $1.33 | $1.25 | $1.16 | $1.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.02% | 1.00% | 1.00% | 1.03% | 1.04% | 1.05% | 1.03% | 1.03% | 1.07% | 0.84% | 0.90% |
According to 6 Wall Street analysts, CGI's projected average Quarter EPS for Jun 23 is $1.79, with a low estimate of $1.76 and a high estimate of $1.81. This represents a 0.35% increase compared to GIB previous annual EPS of $1.78 (Mar 23).
CGI Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLVT | Clarivate | $5.52 | $14.33 | 159.60% | Buy |
| NABL | N-able | $9.76 | $17.00 | 74.18% | Buy |
| PSN | Parsons | $79.85 | $118.00 | 47.78% | Buy |
| CACI | CACI | $385.71 | $521.00 | 35.08% | Buy |
| LDOS | Leidos | $140.27 | $187.33 | 33.55% | Buy |
| SAIC | Science Applications | $106.62 | $135.25 | 26.85% | Buy |
| IT | Gartner | $537.99 | $545.75 | 1.44% | Hold |
| ASGN | ASGN | $93.22 | $88.00 | -5.60% | Buy |
| WNS | WNS | $62.42 | $57.50 | -7.88% | Buy |
| G | Genpact | $47.54 | $43.67 | -8.14% | Hold |
| GIB | CGI | $114.54 | $100.82 | -11.98% | Buy |
| EXLS | ExlService | $49.90 | $39.00 | -21.84% | Buy |