RBC Capital Mkts downgraded CGI Group from Outperform to Sector Perform

Scotiabank resumed coverage of CGI Group with a rating of Sector Perform

Jefferies downgraded CGI Group from Buy to Hold and set a new price target of $81.00

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

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)www.cgi.com/newsroomCanada findings show executives moving AI into core operations while strengthening the foundations required to scale securely and deliver measurable valueMONTRÉAL, July 21, 2026 /CNW/ -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today released Canada-specific findings from its 2026 Voice of Our Clients research, based on 278 in-depth discussions with business and IT executives across 179 Canadian organizations. The insights reveal that while AI adoption is advancing, from pilots to core operations, organizations are increasingly focused on the data, cloud and mo

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomSpecializations recognize CGI's proven experience combining deep industry expertise with governed AI delivery to help clients accelerate adoption and achieve business outcomesMONTRÉAL, July 20, 2026 /CNW/ -- CGI (NYSE:GIB) (TSX:GIB), one of the largest independent IT and business consulting services firms in the world, today announced it has achieved two Databricks Brickbuilder Specializations in Public Sector and Generative AI (GenAI). The specializations recognize CGI's proven history of helping organizations modernize data foundations, operationalize AI and deliver measurable business outcomes, particularly in complex, highly regula

BOSTON, July 9, 2026 /PRNewswire/ -- CGI (TSX:GIB) (NYSE:GIB), one of the world's largest independent technology and professional services firms, today announced the successful launch of Mosaic, the Commonwealth of Massachusetts' new cloud-based statewide financial management system, delivered as part of the Massachusetts Business Enterprise Systems Transformation (MA BEST) Program. Built on CGI Advantage®, Mosaic modernizes the Commonwealth's financial operations and delivers a secure, scalable platform to support the future of enterprise financial management. The launch marks a major milestone for the Commonwealth and its long-standing partnership with CGI, which has supported the state's

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomFAIRFAX, Va., June 30, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest independent technology and professional services firms, today announced it has earned Solutions Partner* with certified software** designation for its enterprise resource planning (ERP) platform for governments, CGI Advantage® within the Microsoft AI Cloud Partner Program. This designation recognizes software that demonstrates interoperability with the Microsoft Cloud and meets program requirements. The certified software designation reflects CGI's capabilities meeting the program's requirements. The certified software solution demonstrates interop

Current CGI Federal President Stephanie Mango appointed to a new global roleFAIRFAX, Va., June 24, 2026 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB) today announced the appointment of Alisa Bearfield as President of CGI Federal, effective October 1, 2026. Bearfield will lead CGI Federal's nearly 8,000 professionals as they work alongside federal agencies to deliver mission-critical technology solutions across defense, civilian, healthcare, justice, intelligence, and international affairs domains. Stephanie Mango, current President of CGI Federal, will transition to the role of Executive Vice-President and Chief Administrative Officer for CGI's global operations. "With nearly 30 years of experien

Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroomROME, June 23, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest independent IT and business consulting services firms, is supporting the European Space Agency's (ESA) Φsat-2 mission, with its Insula platform serving as a key enabler of artificial intelligence-driven advancements in Earth observation. Developed by CGI's team in Italy, Insula processes and harmonizes large volumes of satellite data, enabling advanced analytics such as trend detection, anomaly monitoring and predictive modelling. For the Φsat-2 mission, the platform provides calibrated and geolocated datasets to scientific communities and AI application p

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomPartnership delivers a combination of intelligent data infrastructure with deep cloud and AI expertise to modernize operations and improve performance across hybrid environmentsMONTRÉAL and SAN JOSE, Calif., June 22, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB) and NetApp (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today announced that NetApp Keystone will power CGI's block storage solutions within its shared services platform. This expansion of the companies' global alliance partnership, further strengthens their relationship and reaffirms a shared commitment to delivering measurable outcomes for clients worldwide. Together,

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomCGI global research highlights that AI progress depends on expanding talent and execution capacityMONTRÉAL, June 18, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today released the findings of its annual global proprietary research based on discussions with more than 1,800 business and technology executives, of whom the majority are C-level. This year's research highlights a clear market evolution toward digital engineering and reengineering to scale AI and achieve business outcomes. CGI's findings identify three overarching trends shaping business and tec

Oslo, Norway, June 17, 2026 (GLOBE NEWSWIRE) -- CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, and Entersekt, have announced a new partnership in Norway to strengthen 3-D Secure (3DS) authentication for issuing banks across the Nordic region. Through this collaboration, CGI in Norway will offer Entersekt's cloud-based 3DS Access Control Server (ACS), combining CGI's digital banking and payments expertise with Entersekt's advanced authentication technology. The partnership is already active in the market, with Norion Bank in Sweden as the first joint client. The 3DS service was implemented as part of the bank's move

FAIRFAX, Va., June 17, 2026 /PRNewswire/ -- CGI Federal Inc. (CGI Federal), a leading provider of technology and professional services for U.S. government agencies, launched today a breakthrough AI-powered IT modernization offering that gives federal agencies rapid, clear insight into their most complex legacy systems. Powered by CGI Federal's YukonTM, a proprietary AI workforce platform, the offering transforms decades of fragmented code and missing documentation into an actionable mission-ready modernization roadmap. Federal IT teams can now understand systems in hours instead of weeks, through CGI Federal's AI-generated summaries, plain-language explanations and instant insights that iden

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Current CGI Federal President Stephanie Mango appointed to a new global roleFAIRFAX, Va., June 24, 2026 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB) today announced the appointment of Alisa Bearfield as President of CGI Federal, effective October 1, 2026. Bearfield will lead CGI Federal's nearly 8,000 professionals as they work alongside federal agencies to deliver mission-critical technology solutions across defense, civilian, healthcare, justice, intelligence, and international affairs domains. Stephanie Mango, current President of CGI Federal, will transition to the role of Executive Vice-President and Chief Administrative Officer for CGI's global operations. "With nearly 30 years of experien

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomTim Hurlebaus appointed President and Chief Executive OfficerMONTRÉAL, May 12, 2026 /CNW/ - The CGI (NYSE:GIB) (TSX:GIB) Board of Directors announces the appointment of Tim Hurlebaus as President and Chief Executive Officer (CEO) and a member of the Board of Directors, effective immediately. For the past two years, Mr. Hurlebaus served as President and Chief Operating Officer (COO) with responsibility for CGI's operations across the United States, United Kingdom and Australia which collectively represent nearly half of the company's annual revenue. Mr. Hurlebaus succeeds François Boulanger who will be retiring after nearly 40 successfu

Stock Market Symbols GIB (NYSE) GIB.A (TSX)cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - In line with the comprehensive succession strategies that CGI (TSX:GIB) (NYSE:GIB) established several years ago, Julie Godin is appointed Executive Chair of the Board of Directors, effective following today's Annual General Meeting of Shareholders. In conjunction with Ms. Godin's appointment, CGI Founder Serge Godin will assume the role of Board Co-Chair and continue to focus on transformational acquisitions for CGI and on large-scale engagements with clients. "Over the years, Julie has mastered every dimension of our business and industry as the portfolio of her responsibilities incrementall

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

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Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroomHELSINKI, June 1, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, and technology company Telia have signed an agreement for a business transaction as well as a strategic partnership. Under the business transaction, Telia's cloud and capacity services for enterprises, as well as IT end-user services in Finland, will be transferred to CGI. At the same time, nearly 250 Telia employees will join CGI to support the ongoing development and delivery of these services. The transaction is subject to customary regulatory approvals. In addition, the companies are lau

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomRevenue up 3.3% with diluted EPS accretion of 10.6%Q2-F2026 performance highlightsRevenue of $4.16 billion, up 3.3% year-over-year or 1.6% year-over-year in constant currency1;Earnings before income taxes of $617.7 million, up 6.0% year-over-year, for a margin1 of 14.9%;Adjusted earnings before interest and taxes1,2 of $691.6 million, up 3.9% year-over-year, for a margin1 of 16.6%;Net earnings of $444.7 million, up 3.5% year-over-year, for a margin1 of 10.7%, and diluted EPS of $2.09, up 10.6% year-over-year;Adjusted net earnings1,2 of $483.4 million, up 0.6% year-over-year, for a margin1 of 11.6%, and adjusted diluted EPS1,2 of $2.27,

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomMONTRÉAL, April 22, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB) will release results for its second quarter fiscal year 2026, ended March 31, 2026, on Wednesday, April 29, 2026, before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who:                   François Boulanger, President and Chief Executive OfficerSteve Perron, Executive Vice-President and Chief Financial OfficerWhat:                 Second Quarter Fiscal Year 2026 ResultsWhen:                 Wednesday, April 29, 2026 at 9:00 a.m. (EDT)Conference Call:   1-800-717-1738 Conference ID: 74539. Interested parties

This initiative advances secure, personalized and resilient digital banking experiences, supported by CGI's AI-powered managed servicesStock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomMONTRÉAL, March 26, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced a 10-year agreement with Caisse Alliance to modernize its member digital banking platform through deployment of ebankIT's nXP solution. This collaboration strengthens Caisse Alliance's ability to deliver secure, scalable and future-ready digital services. The initiative will strengthen Caisse Alliance's Allia digital banking platform, enabling

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomCGI and Avison Young expand their strategic partnership with continued reciprocal servicesMONTRÉAL, March 24, 2026 /CNW/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, today announced that global commercial real estate advisor Avison Young has selected CGI to deliver AI-powered managed services to strengthen the firm's digital foundation and accelerate its evolution as a digitally enabled real estate services leader and support the modernization of its digital platforms. The engagement builds on an expanded strategic partnership between the two organizations. CGI will

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom ATLANTA, Feb. 4, 2026 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest independent technology and professional services firms, today announced the signing of an agreement to acquire Stratfield Consulting, further strengthening CGI's position in Atlanta, a key U.S. growth market. The combination is expected to be completed in February 2026, subject to customary closing conditions. An Atlanta-based management and technology consulting firm, Stratfield Consulting specializes in digital engineering and product development, technology strategy and enablement, and change management to help clients achieve business outcome

Stock Market Symbols GIB.A (TSX)GIB (NYSE)cgi.com/newsroom Revenue up 7.7% with cash generation of $872 million or 21.4% of revenue1 Q1-F2026 performance highlights Revenue of $4.08 billion, up 7.7% year-over-year or 3.4% year-over-year in constant currency1;Earnings before income taxes of $599.8 million, up 1.4% year-over-year, for a margin1 of 14.7%;Adjusted earnings before interest and taxes1,2 of $655.1 million, up 7.1% year-over-year, for a margin1 of 16.1%;Net earnings of $442.0 million for a margin1 of 10.8%, and diluted EPS of $2.03, up 5.7% year-over-year;Adjusted net earnings1,2 of $461.0 million for a margin1 of 11.3%, and adjusted diluted EPS1,2 of $2.12, up 7.6% year-over-year;C

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Jan. 28, 2026 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) announced today that its Board of Directors has authorized the renewal of its Normal Course Issuer Bid ("NCIB"), subject to approval by the Toronto Stock Exchange (the "TSX"). CGI's management and Board of Directors believe that the purchase for cancellation of the Company's Class A subordinate voting shares ("Class A Shares") is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the Company considers it advisable, as part of its efforts to increase shareholder value. At the close of business on January 23, 20

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Jan. 21, 2026 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB) will host its Annual General Meeting of Shareholders (the "Meeting") and release its Fiscal 2026 first quarter results on Wednesday, January 28, 2026. The Meeting will be held at 11:00 a.m. (EST) via live webcast at https://www.icastpro.ca/ukd54d (Password: CGI2025). Shareholders will have the opportunity to participate in real time and vote at the Meeting online in the manner set forth in CGI's Management Proxy Circular, through a web-based platform, regardless of their geographic location. Only CGI shareholders of record at the close of business on Monday, December 1,

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Acquisition deepens CGI's digital transformation, AI and cybersecurity capabilities MONTRÉAL, Dec. 3, 2025 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the largest independent IT and business consulting services firms in the world, announced today the acquisition of Online Business Systems, an IT consulting firm based in Winnipeg. Founded in 1986, Online Business Systems has built a strong reputation for helping organizations modernize operations, enhance performance, and elevate customer experience through innovation and technology. Recognized for its technical expertise and commitment to measurable results, Online Business Syste