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 -8.07% downside from GIB’s last price of $109.67) 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 -8.07% downside from GIB's last price of $109.67.
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% | 9.42% |
| Nov 11, 2021 | Robert Young | Canaccord Genuity | $103.45 | $89.07 | 16.14% | -5.67% |
| Sep 14, 2021 | Jason Kupferberg | Bank of America Securities | $93.10 | $89.53 | 3.99% | -15.11% |
| Apr 30, 2021 | Derric Marcon | Societe Generale | $86.74 | $88.46 | -1.95% | -20.91% |
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 9.42% increase from GIB last price ($109.67).
CGI Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $120.00 |
| Last Closing Price | $109.67 | $109.67 | $109.67 |
| Upside/Downside | -100.00% | -100.00% | 9.42% |
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 $109.67. 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 |
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 | $4.00B | $4.07B | $4.03B | $4.06B | $3.89B | $3.91B | $3.93B | $3.79B | $3.71B | $3.73B | $3.76B | $3.62B | $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 | $4.03B | $4.11B | $4.06B | $4.10B | $3.93B | $3.94B | $3.97B | $3.82B | $3.75B | $3.76B | $3.79B | $3.63B | $3.63B | $3.72B | $3.82B | $3.60B | $3.56B | $3.67B | $3.60B | $3.32B | $3.17B | $3.22B | $3.18B | $3.14B | $2.96B | $3.05B | $3.08B | $3.03B | $2.96B | $2.97B |
| Low Forecast | $3.96B | $4.04B | $3.99B | $4.03B | $3.86B | $3.87B | $3.90B | $3.75B | $3.68B | $3.69B | $3.75B | $3.61B | $3.57B | $3.65B | $3.75B | $3.57B | $3.48B | $3.60B | $3.54B | $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 | $760.99M | $774.99M | $766.84M | $773.52M | $740.96M | $743.18M | $748.33M | $720.96M | $706.76M | $709.08M | $715.86M | $689.11M | $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 | $767.62M | $781.74M | $773.52M | $780.25M | $747.41M | $749.65M | $754.84M | $727.24M | $712.91M | $715.26M | $722.09M | $691.66M | $691.73M | $707.28M | $911.00M | $684.19M | $677.34M | $698.33M | $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 | $754.03M | $767.90M | $759.82M | $766.44M | $734.18M | $736.38M | $741.48M | $714.37M | $700.29M | $702.60M | $713.32M | $686.57M | $679.49M | $694.76M | $607.33M | $678.93M | $662.50M | $685.97M | $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 $698.33M and a low of $685.97M. 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 | $570.50M | $589.74M | $571.97M | $578.37M | $511.45M | $511.00M | $507.31M | $485.30M | $468.53M | $466.00M | $465.33M | $437.21M | $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 | $576.96M | $596.42M | $578.45M | $584.92M | $517.24M | $516.79M | $513.06M | $490.79M | $473.83M | $471.28M | $474.46M | $443.42M | $440.71M | $442.53M | $529.40M | $425.81M | $414.52M | $416.47M | $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 | $563.72M | $582.73M | $565.17M | $571.50M | $505.37M | $504.92M | $501.28M | $479.53M | $462.96M | $460.46M | $453.17M | $424.81M | $436.34M | $437.25M | $352.93M | $413.00M | $398.82M | $406.91M | $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 $406.91M to $416.47M. 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 | $152.62M | $155.43M | $153.80M | $155.14M | $148.61M | $149.05M | $150.08M | $144.60M | $141.75M | $142.21M | $143.57M | $138.21M | $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 | $153.95M | $156.78M | $155.14M | $156.49M | $149.90M | $150.35M | $151.39M | $145.85M | $142.98M | $143.45M | $144.82M | $138.72M | $138.73M | $141.85M | $145.84M | $137.22M | $135.85M | $140.06M | $137.38M | $126.83M | $121.11M | $122.94M | $121.53M | $119.78M | $113.15M | $116.50M | $117.41M | $115.51M | $112.86M | $113.30M |
| Low Forecast | $151.23M | $154.01M | $152.39M | $153.72M | $147.25M | $147.69M | $148.71M | $143.27M | $140.45M | $140.91M | $143.06M | $137.70M | $136.28M | $139.34M | $143.26M | $136.17M | $132.87M | $137.58M | $134.95M | $124.58M | $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 | $2.47 | $2.56 | $2.48 | $2.51 | $2.22 | $2.22 | $2.20 | $2.11 | $2.03 | $2.02 | $2.02 | $1.90 | $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 | $2.50 | $2.59 | $2.51 | $2.54 | $2.24 | $2.24 | $2.23 | $2.13 | $2.06 | $2.04 | $2.06 | $1.92 | $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 | $2.45 | $2.53 | $2.45 | $2.48 | $2.19 | $2.19 | $2.17 | $2.08 | $2.01 | $2.00 | $1.97 | $1.84 | $1.89 | $1.90 | $1.93 | $1.79 | $1.73 | $1.77 | $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 $1.77 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 | $4.87 | $14.33 | 194.25% | Buy |
| NABL | N-able | $10.12 | $17.00 | 67.98% | Buy |
| WNS | WNS | $49.96 | $72.86 | 45.84% | Buy |
| ASGN | ASGN | $84.39 | $99.00 | 17.31% | Hold |
| CACI | CACI | $444.62 | $492.78 | 10.83% | Buy |
| PSN | Parsons | $94.42 | $103.83 | 9.97% | Buy |
| PRFT | Perficient | $75.96 | $81.00 | 6.64% | Hold |
| SAIC | Science Applications | $119.50 | $124.30 | 4.02% | Buy |
| LDOS | Leidos | $158.29 | $156.64 | -1.04% | Buy |
| G | Genpact | $44.41 | $42.80 | -3.63% | Hold |
| GIB | CGI | $109.67 | $100.82 | -8.07% | Buy |
| IT | Gartner | $517.73 | $450.00 | -13.08% | Hold |
| EXLS | ExlService | $44.28 | $32.64 | -26.29% | Buy |