$GIB

CGI reported Q3 fiscal 2026 results. Revenue rose 2.5% to $4.19 billion (1.3% in constant currency). Diluted EPS increased 22.5% to $2.23, with net earnings up 13.8% to $465.2 million. Bookings were $4.20 billion and backlog $31.79 billion. The company declared a $0.17 quarterly dividend and reported $604.5 million operating cash flow.

CGI (NYSE: GIB, TSX: GIB.A) said the City of Munich selected it to support digital government services, aiming to streamline administration, expand citizen digital services, and improve IT security and delivery resilience. CGI cited prior work on Munich’s e-file rollout for about 40,000 employees and other systems. CGI reported FY2025 revenue of CA$15.91 billion.

Analyst actions covered Rogers Communications (RCI-B-T), CGI (GIB-A-T), Northview Residential REIT (NRR-UN-T), Brookfield Renewable Partners (BEP-UN-T), and Canadian insurers. Rogers shares fell 4.6% after Q2; Desjardins kept Hold at C$58, RBC kept Outperform at C$60, Canaccord trimmed to C$57.50 Buy, TD raised to C$65 Buy. TD Cowen downgraded CGI to Hold, target C$99. BEP target raised to C$49 Hold after US$3B Aypa Power deal.

CGI Inc. (NYSE:GIB) and NetApp expanded their alliance to modernize IT infrastructure and data management. NetApp Keystone will power CGI block storage solutions in a shared service platform, including subscription-based, adaptive services and built-in security with real-time threat detection. The partnership also targets AI advancement across cloud environments.

The article says technology stocks are pressured by a global sell-off tied to high valuations and concerns about debt-funded AI infrastructure spending, citing the Buffett Indicator rising to about 218% (near 219% prior quarter). It quotes JPMorgan and Freedom Capital Markets on AI/semiconductor skepticism. It lists “beaten-down” tech picks, including CGI (GIB, YTD -29.15%) and Sony (SONY, YTD -20.32%).

CGI (TSX: GIB.A, NYSE: GIB) said it earned a Microsoft AI Cloud Partner Program “Solutions Partner with certified software” designation for its government ERP platform, CGI Advantage. The designation is tied to interoperability with Microsoft products such as Azure, Microsoft 365, or Dynamics 365. CGI reported FY2025 revenue of CA$15.91 billion.

CGI and Entersekt announced a Norway partnership to strengthen 3-D Secure (3DS) authentication for Nordic issuing banks. CGI will offer Entersekt’s cloud-based 3DS Access Control Server (ACS), integrating it with CGI PayPartner360. Norion Bank (Sweden) is the first joint client. Entersekt says its EMVCo-certified ACS supports adaptive, risk-based authentication methods including biometrics and FIDO.

CGI Inc. said it agreed to acquire Telia’s cloud and IT end-user services in Finland and form a strategic partnership with Telia. About 250 Telia employees will transfer to CGI, and the deal excludes Telia’s Helsinki Datacenter; terms were not disclosed and are subject to regulatory approval. CGI said it will expand Nordics data center capacity and offer high-security, hybrid and public cloud services.

CGI (TSX: GIB.A, NYSE: GIB) appointed Gopal Chhetri as leader of its Global Capability Centers (GCCs) business, according to the company. He will head an AI-first GCC strategy to scale delivery and transformation capabilities. CGI said the role will expand GCC offerings in digital engineering, cloud and AI, and strengthen talent development and delivery blueprints.

This article discusses CGI Inc.'s performance, noting that its strong exposure to government contracts leads to more stable spending patterns compared to private-sector customers. Despite experiencing slower growth during the pandemic IT boom, CGI later became one of the fastest-growing IT-services names as overall demand faded. The analyst, Luke Yang, suggests that the turnaround for CGI's US business might take longer than anticipated due to underperformance in the US segment.