CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development and integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, insurance, retail and consumer service, transportation, and post and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.
IPO Year:
Exchange: NYSE
Website: cgi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | Neutral → Sector Outperform | CIBC | |
| 7/19/2024 | $112.00 | Neutral | UBS |
| 7/2/2024 | $120.00 | Buy | Jefferies |
| 6/21/2024 | Sector Outperform → Neutral | CIBC | |
| 5/2/2024 | Hold → Buy | TD Securities | |
| 11/14/2022 | Buy → Hold | Societe Generale | |
| 9/16/2022 | Sector Outperform | Scotiabank | |
| 1/10/2022 | Sell | Goldman Sachs | |
| 1/10/2022 | $85.44 | Sell | Goldman |
| 12/3/2021 | Buy | Stifel |
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Jan. 16, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting firms, has been named a Leader in the IDC MarketScape: Worldwide Service Providers for Utilities Customer Operations*. The IDC MarketScape noted, "CGI has strong capabilities in the use cases evaluated in this vendor assessment regarding utilities' customer operations, with solid experience in utilities' business innovation." By offering a range of services, covering business consulting, IP, and business process outsourcing (BPO), CGI has successfully established long-term relationships with some of the largest utili
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Dec. 18, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) has filed with the securities regulators in Canada and in the United States its Management Proxy Circular for its Annual General Meeting of Shareholders to be held virtually on January 29, 2025. CGI has also filed its 2024 Annual Information Form with the Canadian securities regulators, as well as with the U.S. Securities and Exchange Commission as part of its Annual Report on Form 40-F, which also includes its previously-filed Fiscal 2024 Results. An electronic version of CGI's 2024 annual filings, including its Management Proxy Circular, Annual Information Form and Ann
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)www.cgi.com/newsroom New 25-year Canadian partnership aims to reimagine aircrew training OTTAWA, ON, Dec. 17, 2024 /PRNewswire/ - CGI, (TSX:GIB) (NYSE:GIB) one of the largest independent IT and business consulting services firms in the world, and SkyAlyne, a leading provider of military pilot and aircrew training in Canada, announce the signing of a 25-year agreement. This strategic partnership is set to build SkyAlyne's operational capabilities, streamline processes, and drive innovation for Canada's Department of National Defence Future Aircrew Training (FAcT) program. Under the terms of the agreement, CGI will deliver a comprehensive suite of serv
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom Merger strengthens CGI's position with Fortune 500 clients in St. Louis, Atlanta, Minneapolis, Chicago, Columbus, Dallas and New York ST. LOUIS, Mo., Dec. 11, 2024 /PRNewswire/ - CGI (NYSE:GIB) (TSX:GIB) today announced the signature of an equity purchase agreement to merge operations with Daugherty, a St. Louis-based professional services firm specializing in artificial intelligence, data analytics, strategic IT consulting, and business advisory services for Fortune 500 clients in the financial services, healthcare, communications, retail and manufacturing sectors. The merger of operations brings more than 1,100 talented consultants
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)www.cgi.com/newsroom MONTRÉAL, Nov. 26, 2024 /CNW/ - CGI (TSX:GIB) (NYSE:GIB) one of the world's largest business and IT consulting services firms, today announced it has achieved Microsoft-verified Managed Extended Detection and Response (MXDR) solution status. By achieving this designation, CGI has proven their robust MXDR services including a Security Operation Center (SOC) with 24/7/365 proactive hunting, monitoring, and response capabilities all built on tight integrations with the Microsoft Security platform. "Achieving the MXDR solution status is an important milestone that demonstrates our strength in combining expert-trained technology and h
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Nov. 21, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest IT and business consulting companies in the world, has been awarded the 2024 Worldwide Industry Solutions Partner of the Year and Europe, Middle East, and Africa (EMEA) Industry Solutions Partner of the Year by UiPath. CGI was recognized for outstanding results in consulting, innovation, AI, automation and implementation. "We are thrilled to be recognized by UiPath for our commitment to helping clients scale automation projects and achieve business outcomes. Since 2018, we have partnered with UiPath to help clients automate complex decisions, interact
FAIRFAX, Va., Nov. 14, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE:GIB) (TSX:GIB), today announced it has been recognized as a Leader in the IDC MarketScape: U.S. Federal Government Cloud Professional Services 2024 Vendor Assessment*. We believe the recognition underscores CGI Federal's exceptional capabilities in delivering innovative cloud solutions tailored to the unique needs of U.S. federal agencies. "CGI Federal's extensive experience and strategic approach to cloud professional services have solidified their position as a leader in this market," said Adelaide O'Brien, Research Vice President at IDC. "Their ability to integ
FAIRFAX, Va., Nov. 11, 2024 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced their involvement in a new portal designed by Wounded Warrior Project® (WWP). The robust digital platform is available to wounded veterans and their loved ones and helps connect them to resources, support services, events and a network of thousands of veterans and family members globally. Called MyWWP, the platform is built on Salesforce, and is one of WWP's earliest projects using Experience Cloud as an interactive social platform. WWP™ developed the portal in support of its mission to provide mental health services, ca
FAIRFAX, Va., Nov. 7, 2024 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced it has renewed its U.S.-focused alliance as a Premier Services partner with Snowflake, the AI Data Cloud company. As a Premier partner that supports the AI Data Cloud for government and education, the collaboration augments CGI's offerings to help clients accelerate digital transformations by fully leveraging the performance, flexibility and scalability of the Snowflake AI Data Cloud. "CGI's services and solutions, combined with Snowflake's AI Data Cloud, create a powerful portfolio of capabilities to help clients streaml
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Fourth quarter revenue up 4.4% and diluted earnings per share (EPS) up 8.5% Q4-F2024 performance highlights Revenue of $3.66 billion, up 4.4% year-over-year or 2.0% year-over-year in constant currency1;Earnings before income taxes of $592.4 million, up 6.2% year-over-year, for a margin1 of 16.2%;Adjusted EBIT1 of $600.2 million, up 4.7% year-over-year, for a margin1 of 16.4%;Net earnings of $435.9 million, up 5.2% year-over-year, for a margin1 of 11.9%;Net earnings excluding specific items1,2 of $439.1 million, up 4.2% year-over-ye
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Signature reinforces the company's commitment to responsible and ethical AI practices BRUSSELS, Sept. 25, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting firms, announced today that it has signed the European Union's (EU) Artificial Intelligence (AI) Act Pledge as part of its engagement with the European Commission's AI Pact. The signature reinforces CGI's commitment globally to uphold the highest standards and best practices in the development and use of responsible technologies, including innovative AI and Generative AI technologies. "Given CGI's extensive footprint in Europe
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom PARIS, July 3, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting services firms, is partnering with Risk Management Partners, a unit of Munich Re, the world's leading reinsurer, to help insurers reduce claims, increase profits, and drive long-term value through climate risk mitigation. This partnership will combine Munich Re's Location Risk Intelligence Platform with CGI's climate risk mitigation offerings to help insurers minimize the impact of climate change on their business models and profitability. Faced with increasing claims, insurers must deal with climate-related risks and ch
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom George D. Schindler to retire and remain a member of the Board, effective October 1, 2024 MONTRÉAL, May 22, 2024 /PRNewswire/ - The CGI (NYSE:GIB) (TSX:GIB) Board of Directors announced the appointment of François Boulanger as President and Chief Executive Officer and a member of the Board of Directors, effective October 1, 2024. Mr. Boulanger is currently President and Chief Operating Officer for CGI's operations in Canada, U.S. Commercial and State Government, Asia Pacific Global Delivery Centers of Excellence, and Global IP Solutions. George D. Schindler, currently President and Chief Executive Officer, will retire effective Septem
Gaithersburg, MD, May 24, 2021 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC:XDSL) ("mPhase" or the "Company"), a technology company specializing in EV charging and consumer engagement, announced that it has appointed industry veteran Venkat Kodumudi as Chief Operating Officer. Mr. Kodumudi brings over 29 years of experience in information technology senior management that includes a 14-year career as software developer and architect. Previously, he had been involved in over 5 companies and a Federal Government Agency, in the information technology industry holding positions including chief technology officer, health product practice lead, director, and deputy director for IT operatio
FAIRFAX, Va., March 22, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced the appointment of Stephanie Mango to President of CGI Federal with transition activities effective immediately. In this role, she will lead CGI Federal's 7,000 professionals, partnering with more than 85 government agencies to provide solutions for defense, civilian, healthcare and intelligence missions. "I am honored to take the helm of such a remarkable organization that provides mission-critical services to help agencies enhance citizen engagement, accelerate digital transformation, protect America's assets, modernize operations and empower the Federal workforce of the future," stated Mango. "I've seen
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Fourth quarter revenue up 4.4% and diluted earnings per share (EPS) up 8.5% Q4-F2024 performance highlights Revenue of $3.66 billion, up 4.4% year-over-year or 2.0% year-over-year in constant currency1;Earnings before income taxes of $592.4 million, up 6.2% year-over-year, for a margin1 of 16.2%;Adjusted EBIT1 of $600.2 million, up 4.7% year-over-year, for a margin1 of 16.4%;Net earnings of $435.9 million, up 5.2% year-over-year, for a margin1 of 11.9%;Net earnings excluding specific items1,2 of $439.1 million, up 4.2% year-over-ye
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Oct. 30, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will release results for its fourth quarter and fiscal year 2024, ended September 30, 2024, on Wednesday, November 6, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EST). Who: François Boulanger, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer What: Fourth Quarter and Fiscal Year 2024 Results When: Wednesday, November 6, 2024 at 9:00 a.m. (EST) Conference Call: 1- 800-717-1738 Conference ID: 25981. Interested parties may
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroom FAIRFAX, Va., Sept. 13, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE:GIB) (TSX:GIB), has completed the previously announced acquisition of Aeyon, a leader in digital transformation and Artificial Intelligence (AI) technologies, including data management, analytics and intelligent automation for the U.S. Federal Government. The acquisition complements and expands CGI's offerings portfolio as well as relationships with critical U.S. national security clients, such as the Office of the Secretary of Defense, multiple branches and agencies of the U.S. military, the Federal Aviation
Stock Market Symbols GIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Sept. 3, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that it has priced an offering of Canadian dollar denominated senior unsecured notes in two series. CGI will issue C$750 million in aggregate principal amount of senior unsecured notes, consisting of C$300 million aggregate principal amount of 3-year notes and C$450 million aggregate principal amount of 5-year notes. The 3-year notes will bear interest at the rate of 3.987% per annum and 5-year notes will bear interest at the rate of 4.147% per annum. The offering is expected to close on or about September 5, 2024, subject to customary closing conditions
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Updates use of cash strategy to include dividend program Q3-F2024 performance highlights Revenue of $3.67 billion, up 1.3% year-over-year or 0.2% year-over-year in constant currency1;Earnings before income taxes of $594.0 million, up 6.3% year-over-year, for a margin1 of 16.2%;Adjusted EBIT1 of $602.8 million, up 3.1% year-over-year, for a margin1 of 16.4%;Net earnings of $440.1 million, up 6.1% year-over-year, for a margin1 of 12.0%;Net earnings excluding specific items1,2 of $440.2 million, up 3.4% year-over-year, for a margin1 of 12.0%;Diluted EPS of $1.91, up 9.1% year-over-year;Diluted EPS excluding specific items1,2 of $1.91, up
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, July 24, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will release results for its third quarter fiscal year 2024, ended June 30, 2024, on Wednesday, July 31, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who: George D. Schindler, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer What: Third Quarter Fiscal Year 2024 Results When: Wednesday, July 31, 2024 at 9:00 a.m. (EDT) Conference Call: 1- 888-396-8049 Conference ID: 568
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Acquisition expands CGI's managed service offerings to more than 90 credit unions nationwide MONTRÉAL, July 4, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) today announced the acquisition of Celero's credit union business serving clients across Canada, consisting of master services agreements that span managed services, core banking, digital banking and related IT services. The strategic acquisition complements and expands CGI's core banking service offerings and digital banking solutions to the Canadian credit union sector. Under the agreement, CGI acquires the managed services business with more than 90 credit unions and creates ne
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Continuing to deliver shareholder value with strong net earnings and cash generation Q2-F2024 performance highlights Revenue of $3.74 billion, up 0.7% year-over-year and stable year-over-year in constant currency1;Earnings before income taxes of $577.4 million, up 2.3% year-over-year, for a margin1 of 15.4%;Adjusted EBIT1 of $628.5 million, up 4.6% year-over-year, for a margin1 of 16.8%;Net earnings of $426.9 million, up 1.8% year-over-year, for a margin1 of 11.4%;Net earnings excluding specific items1,2 of $459.4 million, up 5.6% year-over-year, for a margin1 of 12.3%;Diluted EPS of $1.83, up 4.0% year-over-year;Diluted EPS excluding
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, April 24, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will release results for its second quarter fiscal year 2024, ended March 31, 2024, on Wednesday, May 1, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who: George D. Schindler, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer What: Second Quarter Fiscal Year 2024 Results When: Wednesday, May 1, 2024 at 9:00 a.m. (EDT) Conference Call: 1- 800-717-1738 Conference ID: 437
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Revenue up 4.4% and book-to-bill ratio1 of 116.2% Q1-F2024 performance highlights Revenue of $3.60 billion, up 4.4% year-over-year or 1.5% year-over-year in constant currency1;Earnings before income taxes of $527.1 million, up 2.0% year-over-year, for a margin1 of 14.6%;Adjusted EBIT1 of $584.2 million, up 5.4% year-over-year, for a margin1 of 16.2%;Net earnings of $389.8 million, up 1.9% year-over-year, for a margin1 of 10.8%;Net earnings excluding specific items1,2 of $427.2 million, up 7.3% year-over-year, for a margin1 of 11.9%;Diluted EPS of $1.67, up 4.4% year-over-year;Diluted EPS excluding specific items1,2 of $1.83, up 10.2%
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CIBC upgraded CGI Group from Neutral to Sector Outperform
UBS initiated coverage of CGI Group with a rating of Neutral and set a new price target of $112.00
Jefferies initiated coverage of CGI Group with a rating of Buy and set a new price target of $120.00
CIBC downgraded CGI Group from Sector Outperform to Neutral
TD Securities upgraded CGI Group from Hold to Buy
Societe Generale downgraded CGI Group from Buy to Hold
Scotiabank resumed coverage of CGI Group with a rating of Sector Outperform
Goldman Sachs initiated coverage of CGI with a rating of Sell
Goldman initiated coverage of CGI Group with a rating of Sell and set a new price target of $85.44
Stifel resumed coverage of CGI Group with a rating of Buy
40-F - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K/A - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)
40-F - CGI INC (0001061574) (Filer)
6-K - CGI INC (0001061574) (Filer)