WSP, CA92938W2022

WSP agreed to buy GCM Corpo as 13 analysts rate WSP stock Buy

Published on 10/08/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GCM Corpo deal was announced on October 1, 2026. WSP stock was EUR 100.25 on October 8, 2026, down 1.23 percent from EUR 101.50.

WSP, CA92938W2022, Illustration mit AI erstellt.

WSP (ISIN CA92938W2022) was trading at EUR 100.25 at Lang & Schwarz on October 8, 2026 at 12:36 p.m. CEST, down 1.23 percent on the session. On October 1, WSP had agreed to acquire GCM Corpo, while 13 analysts tracked by MarketBeat rated the stock Buy in its October 8 update.

GCM Corpo expands energy reach

According to GlobeNewswire on October 1, 2026, WSP entered an agreement to acquire GCM Corpo, a Canadian engineering consulting company serving energy and industrial customers. Part of the consideration will be paid in WSP common shares, and the transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval and other closing conditions.

The deal adds capabilities in process engineering, industrial digitalization, operational technology cybersecurity, project management, procurement and environmental services. That mix gives WSP a broader Canadian platform in sectors tied to power investment and industrial modernization, but the closing timetable means the operating contribution remains a future event rather than a second-quarter result.

Second-quarter margins expand

The latest reported operating picture came from WSP's second quarter of 2026. As Eulerpool reports from the August 6, 2026 earnings call, adjusted EBITDA reached USD 815.00 million versus USD 633.00 million in the second quarter of 2025, a 29.00 percent increase.

Adjusted EBITDA margin also rose to 19.10 percent from 18.20 percent in the year-ago quarter, an increase of 0.90 percentage points. Adjusted net earnings reached USD 389.00 million, or USD 2.88 per share, up USD 82.00 million from the second quarter of 2025. The figures point to operating leverage, while the acquisition still has to clear its closing conditions.

Analysts keep Buy consensus

MarketBeat listed 13 analyst ratings for WSP on October 8, 2026, with 12 Buy ratings and one Strong Buy rating. Its average twelve-month target was CAD 289.62, compared with a CAD 216.00 low and a CAD 369.00 high.

The target figures are in Canadian dollars and therefore are not directly comparable with the euro reference price. They do, however, show that the analyst view remains constructive even as the September 30 updates included lower targets from Royal Bank of Canada, BMO Capital Markets, Stifel Nicolaus and National Bank Financial.

Results date is November 4

WSP's investor-relations calendar says the company will release its third-quarter 2026 results after market close on November 4, 2026, followed by an investor presentation on November 5. That date gives the GCM Corpo agreement and the second-quarter margin improvement a clear upcoming reporting checkpoint, while regulatory approval remains a condition of the acquisition.

Stock trades below prior close

WSP was trading at EUR 100.25 at Lang & Schwarz on October 8, 2026 at 12:36 p.m. CEST, versus the EUR 101.50 prior close at Lang & Schwarz dated October 7, 2026, a decrease of 1.23 percent. The further course of trading is shown by the continuously updated real-time quote of WSP stock.