CGI Inc. (GIB)
NYSE: GIB · IEX Real-Time Price · USD
101.38
+2.36 (2.38%)
At close: Jul 2, 2024, 4:00 PM
102.68
+1.30 (1.28%)
After-hours: Jul 2, 2024, 7:32 PM EDT
CGI Inc. Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for CGI Inc. stock has a target of 165, which predicts an increase of 62.75% from the current stock price of 101.38.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for CGI Inc. stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jul 2, 2024 |
| CIBC | CIBC | Buy Maintains $169 → $165 | Buy | Maintains | $169 → $165 | +62.75% | May 2, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Initiates n/a | Strong Sell | Initiates | n/a | n/a | Jan 10, 2022 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades n/a | Strong Buy → Sell | Downgrades | n/a | n/a | Sep 14, 2021 |
| Edward Jones | Edward Jones | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 4, 2021 |
Financial Forecast
Revenue This Year
15.12B
from 14.30B
Increased by 5.77%
Revenue Next Year
15.74B
from 15.12B
Increased by 4.09%
EPS This Year
7.86
from 6.86
Increased by 14.60%
EPS Next Year
8.54
from 7.86
Increased by 8.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.6B | 16.3B | 17.2B |
| Avg | 15.1B | 15.7B | 16.5B |
| Low | 14.2B | 14.4B | 15.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.4% | 7.8% | 9.3% |
| Avg | 5.8% | 4.1% | 4.6% |
| Low | -0.3% | -4.5% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.14 | 9.31 | 9.86 |
| Avg | 7.86 | 8.54 | 9.37 |
| Low | 7.36 | 7.70 | 8.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.6% | 18.5% | 15.5% |
| Avg | 14.6% | 8.6% | 9.7% |
| Low | 7.3% | -2.0% | -0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.