CGI is selected for French IT program. RBC keeps CGI stock at Hold.

Published on 10/07/2026 at 01:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC lists a CAD 100.00 target for CGI stock. Revenue in the third quarter of fiscal 2026 was CAD 4.19 billion, up 2.50 percent year over year.

GIB, CA12532H1047, Illustration mit AI erstellt.

CGI (ISIN CA12532H1047) was selected on October 6, 2026, for a French government information-technology modernization program covering more than 70 applications, according to StockTitan. On the same date, Markets Insider reported that RBC maintained a Hold rating and a CAD 100.00 price target for CGI stock.

French program covers 70 applications

The ministry project is designed to modernize its information system and transform more than 70 business applications used by citizens and ministry employees. CGI will use its CGI MAP solution with automation capabilities and draw on its Digital Innovation Centre in France, according to the October 6, 2026 report.

The contract gives CGI a fresh public-sector reference point in application modernization. Its scope connects directly with the company profile shown in its investor materials, which emphasizes strategic IT consulting, systems integration, managed IT and business-process services.

Quarterly figures show measured growth

CGI reported revenue of CAD 4.19 billion in the third quarter of fiscal 2026, up 2.50 percent year over year, according to its investor materials. Earnings before income taxes reached CAD 633.9 million, up 14.90 percent, while the margin was 15.10 percent.

Adjusted earnings before interest and taxes totaled CAD 681.7 million in the third quarter of fiscal 2026, up 2.30 percent, with a 16.30 percent margin. Adjusted diluted earnings per share rose 9.00 percent year over year to CAD 2.29, while bookings reached CAD 4.20 billion and backlog stood at CAD 31.79 billion, according to CGI.

November results set the next marker

CGI's next scheduled reporting date is November 11, 2026, when it plans to publish fourth-quarter and fiscal 2026 results. The date appears in the company's investor materials alongside the third-quarter figures, giving the French program a defined operating and reporting backdrop.

Market value frames the update

CGI's market capitalization was USD 14.9 billion as of October 6, 2026. That equity value places the French modernization award alongside a business generating quarterly revenue of CAD 4.19 billion and carrying a CAD 31.79 billion backlog.

The further course of trading is shown by the continuously updated real-time quote of CGI stock.