CGI Inc. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CGI Inc. stock have an average target of 136.67, with a low estimate of 112 and a high estimate of 178. The average target predicts an increase of 22.46% from the current stock price of 111.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$112	$136.67	$120	$178
Change	+0.36%	+22.46%	+7.53%	+59.50%

* Price targets were last updated on Oct 15, 2024.

Analyst Ratings

The average analyst rating for CGI Inc. stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	1	1	1	1	1
Buy	1	1	0	0	1	1
Hold	0	1	2	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephanie Price CIBC	CIBC	Hold → Buy Upgrades $155 → $178	Hold → Buy	Upgrades	$155 → $178	+59.50%	Oct 15, 2024
Stephanie Price CIBC	CIBC	Hold Maintains $151 → $155	Hold	Maintains	$151 → $155	+38.89%	Aug 1, 2024
Kevin Mcveigh UBS	UBS	Hold Initiates $112	Hold	Initiates	$112	+0.36%	Jul 19, 2024
Surinder Thind Jefferies	Jefferies	Strong Buy Initiates $47 → $120	Strong Buy	Initiates	$47 → $120	+7.53%	Jul 2, 2024
Stephanie Price CIBC	CIBC	Buy Maintains $169 → $165	Buy	Maintains	$169 → $165	+47.85%	May 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.78B

from 14.68B

7.51%

from 14.68B

Revenue Next Year

16.46B

from 15.78B

4.33%

from 15.78B

EPS This Year

8.56

from 7.31

17.06%

from 7.31

EPS Next Year

9.32

from 8.56

8.93%

from 8.56

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	12.16B	12.13B	12.87B	14.30B	14.68B	15.78B	16.46B
Revenue Growth	0.44%	-0.31%	6.11%	11.11%	2.66%	7.51%	4.33%
EPS	4.20	5.41	6.04	6.86	7.31	8.56	9.32
EPS Growth	-7.69%	28.81%	11.65%	13.58%	6.56%	17.06%	8.93%
Forward PE	-	-	-	-	-	18.30	16.80
No. Analysts	-	-	-	-	-	17	9

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	16.6B	17.1B
Avg	15.8B	16.5B
Low	14.7B	15.3B

Revenue Growth

Revenue Growth	2025	2026
High	12.8%	8.6%
Avg	7.5%	4.3%
Low	0.5%	-3.0%

EPS Forecast

EPS	2025	2026
High	9.10	9.73
Avg	8.56	9.32
Low	7.81	8.52

EPS Growth

EPS Growth	2025	2026
High	24.5%	13.7%
Avg	17.1%	8.9%
Low	6.8%	-0.5%

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.