CGI Group (GIB) Expected to Release Earnings on Wednesday

CGI Group (NYSE:GIB) (TSE:GIB.A) is expected to post its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $1.61 per share and revenue of $2.9401 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

CGI Group (NYSE:GIB) (TSE:GIB.A) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $1.65 EPS for the quarter, meeting analysts’ consensus estimates of $1.65. CGI Group had a return on equity of 18.72% and a net margin of 10.26%.The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. On average, analysts expect CGI Group to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

CGI Group Trading Up 4.6%

NYSE:GIB opened at $69.48 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.28. CGI Group has a 1-year low of $59.63 and a 1-year high of $103.04. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 12.54 and a beta of 0.48. The business’s 50-day moving average price is $66.19 and its two-hundred day moving average price is $72.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GIB. AQR Capital Management LLC acquired a new position in CGI Group in the first quarter valued at about $347,000. Millennium Management LLC raised its position in shares of CGI Group by 786.2% during the first quarter. Millennium Management LLC now owns 81,470 shares of the technology company’s stock worth $8,141,000 after purchasing an additional 72,277 shares during the period. Jane Street Group LLC lifted its holdings in shares of CGI Group by 29.4% during the 1st quarter. Jane Street Group LLC now owns 12,858 shares of the technology company’s stock valued at $1,284,000 after purchasing an additional 2,921 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of CGI Group by 53.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,452 shares of the technology company’s stock valued at $152,000 after purchasing an additional 505 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in shares of CGI Group during the 3rd quarter valued at about $236,000. 66.68% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on GIB. Royal Bank Of Canada cut CGI Group from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $150.00 to $100.00 in a research note on Thursday, April 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of CGI Group in a research note on Wednesday, June 24th. UBS Group reduced their price objective on shares of CGI Group from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Finally, TD Securities cut shares of CGI Group from a “buy” rating to a “hold” rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $83.67.

CGI Group Company Profile

CGI Group Inc is a global information technology and business consulting firm that delivers a broad range of services including IT consulting, systems integration, application development and maintenance, infrastructure and network services, managed IT and business process outsourcing. The company works with clients to design, build and operate IT systems and business solutions, with capabilities spanning cloud and hybrid IT environments, cybersecurity, data analytics and artificial intelligence, digital transformation and enterprise resource planning implementations.

Founded in 1976 in Quebec by Serge Godin and André Imbeau, CGI has grown from a regional systems integrator into a multinational professional services organization.