Capgemini completes CGS sale. Capgemini stock sits 26.96 percent below its high

Published on 10/02/2026 at 14:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capgemini reported EUR 12.1 billion revenue, up 8.80 percent in the first half of 2026. Capgemini stock costs EUR 111.78 on October 2, 2026 after EUR 111.80.

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Capgemini (ISIN FR0000125338) completed the sale of Capgemini Government Solutions, or CGS, to ITC Federal on September 30, 2026, according to Capgemini. Its stock was trading at EUR 111.78 at Lang & Schwarz on October 2, 2026 at 2:33 p.m. CEST, 26.96 percent below the 52-week high of EUR 153.05.

CGS sale sharpens the portfolio

The completed transaction removes a small federal-services unit from Capgemini's portfolio. The company said CGS represented 0.4 percent of global revenue in fiscal 2025 and less than 2 percent of US revenue when the disposal agreement was announced on September 12, 2026.

That scale makes the sale more strategic than transformational in group financial terms. It also closes an event that had been visible to investors since the September agreement, leaving execution against the broader growth plan as the more material operating test.

First-half growth meets margin pressure

In the first half of 2026, revenue reached EUR 12.1 billion, up 8.80 percent year over year, while operating margin was 12.50 percent, according to the Yahoo Finance transcript of the July 30, 2026 results call. Net profit was EUR 498.0 million, compared with EUR 724.0 million in the first half of 2025.

Management raised its full-year constant-currency revenue growth guidance to 8.50 percent to 9.00 percent from 6.50 percent to 8.50 percent. It kept the full-year operating margin target at 13.60 percent to 13.80 percent, making margin delivery the key counterweight to the stronger revenue outlook.

Stock remains below its yearly high

Barclays maintained an Overweight rating while cutting its price target from EUR 135.00 to EUR 130.00 on October 1, 2026, according to Ideal Investisseur. The new target lies 16.30 percent above the Lang & Schwarz price, but the cut shows that analysts can retain a constructive rating while reducing their valuation assumptions.

Capgemini's investor calendar lists October 30, 2026, for third-quarter revenue, following a quiet period from October 15 to October 29, according to the company's investor relations page. Until then, the market has a clear comparison: faster first-half revenue growth alongside a lower first-half net profit base.

Price and next reporting date

At Lang & Schwarz, Capgemini was trading at EUR 111.78 on October 2, 2026 at 2:33 p.m. CEST, minus 0.02 percent versus the prior close of EUR 111.80. The primary listing is on Euronext Paris, where the company trades under CAP.PA; its 52-week range is EUR 85.62 to EUR 153.05, and market capitalization is EUR 18.6 billion as of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Capgemini stock.