CGI Stock Price, News & Analysis

CGI Inc. (GIB) stock represents ownership in one of the largest independent IT and business consulting services firms in the world. Founded in 1976, CGI delivers technology and professional services to clients across the public and private sectors, with shares listed on both the New York Stock Exchange (NYSE: GIB) and the Toronto Stock Exchange (TSX: GIB.A). The company is described as a Canada-based IT-services provider with an embedded position in North America and Europe, and it maintains offices in more than 40 countries.

According to company disclosures, CGI offers an end-to-end portfolio of capabilities that includes strategic IT and business consulting, systems integration, managed IT and business process services, and intellectual property solutions. Earlier descriptions also highlight consulting, systems integration, application maintenance, and business process services delivered to governments and private-sector clients. CGI works through a local relationship model that is complemented by a global delivery network, and it follows a balanced global delivery approach with many consultants located close to clients.

Business focus and service portfolio

CGI positions itself as a technology and professional services firm serving a broad range of industries. Multiple company releases emphasize its work with public sector organizations, including federal agencies, state and local governments, and international institutions. The firm also serves private-sector clients, for example in healthcare and insurance, where it provides platforms and analytics to support claims review and payment integrity.

Across its operations, CGI delivers services such as:

• IT and business consulting to support digital transformation and operational improvement.
• Systems integration, including the implementation and integration of complex technology platforms.
• Managed IT and business process services, where CGI operates and supports clients' technology and business processes.
• Intellectual property solutions, including proprietary platforms and software tailored to specific sectors, such as government enterprise resource planning and case management.

Public sector and government solutions

Company announcements highlight a significant focus on government and public sector clients. CGI Federal Inc., a wholly owned U.S. operating subsidiary, is described as a technology and professional services company that serves U.S. federal agencies across defense, civilian, healthcare, justice, intelligence and international affairs. CGI Federal works with agencies to modernize government operations through technology and flexible delivery models.

CGI also provides built-for-government software solutions. The CGI Advantage platform is described as a unified enterprise resource planning (ERP) platform used by state and local governments. It supports financial management, human resources, performance budgeting, procurement and business intelligence operations. CGI Advantage is offered as a cloud-based or software-as-a-service (SaaS) solution in various projects, such as budgeting modernization for San Diego County and HR and payroll modernization for the State of Nevada.

In addition, CGI offers CGI Transcend, a SaaS case management solution primarily designed for health and human services agencies. Through contracts such as the Texas Department of Information Resources Cooperative Contracts Program, CGI makes these solutions and related services available to state and local governments and other eligible public entities.

Specialized platforms and analytics

CGI develops and operates proprietary platforms that combine analytics, automation and domain expertise. For example, the CGI ProperPay platform is used by health insurers to support claims review and payment integrity programs. In its partnership with Highmark Inc., CGI ProperPay provides advanced audit capabilities, predictive modeling, case selection optimization and continuous refinement of audit concepts to identify overpayments and support recovery audits.

In the area of fraud risk management for government payments, CGI Federal offers the CGI Fraud, Waste and Abuse (FWA) Prevention Platform. This platform, developed in partnership with TrackLight Inc. and running on Amazon Web Services, integrates real-time risk detection, advanced analytics and artificial intelligence with agency financial and other systems. It uses third-party data and open-source intelligence to conduct risk assessments prior to payment, and it maintains an auditable record of documentation and decisions while monitoring transactions for potential fraud schemes, insider threats, or waste and abuse.

Security and defense-related solutions

CGI also works in security-critical environments. In collaboration with the NATO Communications and Information Agency and partner secunet Security Networks, CGI is delivering the HERMES project, a secure and scalable IT solution for mobile communications for NATO executives and selected user groups. The solution combines secure hardware and software, managed services expertise, and secure inter-network architecture technology to enable the exchange of classified information while maintaining confidentiality and command and control capabilities.

As part of this work, CGI is responsible for setting up and operating an end-to-end secure virtual private network and for operating a HERMES Service Operation Centre that includes monitoring, a Security Operation Center, on-call support, on-site assistance and user training.

Global delivery and GCC capabilities

CGI operates a global delivery network and maintains Centers of Excellence that support clients' technology operations. In India, the company has been recognized as a Major Contender in an assessment of Global Capability Center (GCC) setup and transformation capabilities. CGI supports clients across the GCC lifecycle, from establishing and scaling centers to transforming them into hubs that support digital transformation and AI-integrated operations.

The company describes its approach as combining a proximity model—working closely with clients in local markets—with managed services and global delivery centers. This structure is intended to allow clients to treat their GCCs and delivery centers as extensions of their enterprises, aligned with business priorities.

Growth through acquisitions and geographic expansion

CGI grows both organically and through acquisitions. For example, it has completed the acquisition of Comarch Polska SA through a wholly owned Polish subsidiary, adding more IT and business consulting professionals and expanding its presence in Poland and the Baltic States. This acquisition also brings experience in software and IT service solutions for the public administration sector, including ERP solutions, digital process and document management tools, and consulting and managed services.

CGI has also acquired Online Business Systems, an IT consulting firm based in Winnipeg. This transaction adds hundreds of professionals across Canada and the United States and deepens CGI's capabilities in digital transformation, cybersecurity and AI. These acquisitions align with CGI's stated strategy of combining strong local relationships with its global expertise.

Regulatory reporting and disclosures

As a foreign private issuer with shares listed in Canada and the United States, CGI files regulatory documents with Canadian securities regulators and the U.S. Securities and Exchange Commission (SEC). The company files annual disclosure documents, including an Annual Information Form, Management Proxy Circular and Annual Report on Form 40-F. It also files interim and current reports on Form 6-K that can include management's discussion and analysis, consolidated financial statements and related press releases.

These filings provide investors with information on CGI's financial position, results of operations, governance and other matters. Certain Form 6-K filings incorporate exhibits by reference into registration statements on Form S-8 and Form F-10, reflecting the use of these documents in connection with securities offerings and employee share plans.

Stock listing and investor profile

CGI shares trade on the TSX under the symbol GIB.A and on the NYSE under the symbol GIB. The company describes itself as among the largest independent IT and business consulting services firms globally, with tens of thousands of consultants and professionals worldwide. Its investor communications emphasize a portfolio that spans consulting, systems integration, managed services and proprietary solutions, and a client base that includes governments at multiple levels, international organizations and private-sector enterprises.

FAQs about CGI Inc. (GIB)

• What does CGI Inc. do?
  CGI Inc. is an IT and business consulting services firm. It offers strategic IT and business consulting, systems integration, managed IT and business process services, and intellectual property solutions to clients in both the public and private sectors.
• In which sectors does CGI have a strong presence?
  Company disclosures highlight a significant presence in government and public sector work, including U.S. federal agencies, state and local governments, international organizations such as NATO, and public administration entities in Europe. CGI also serves private-sector clients, including healthcare and insurance organizations.
• What are some of CGI's proprietary platforms?
  CGI has developed proprietary platforms such as CGI Advantage, a unified ERP platform for state and local governments; CGI Transcend, a SaaS case management solution for health and human services agencies; CGI ProperPay, a platform that supports claims review and payment integrity for health insurers; and the CGI Fraud, Waste and Abuse Prevention Platform for government payment risk management.
• How does CGI support government modernization?
  CGI works with governments to modernize financial, human resources, budgeting and case management systems. Examples include cloud-based budgeting with CGI Advantage for San Diego County, HR and payroll modernization for the State of Nevada through the CORE.NV program, and cooperative contracts in Texas that provide access to CGI's government-focused software and services.
• What is CGI Federal Inc.?
  CGI Federal Inc. is a wholly owned U.S. operating subsidiary of CGI Inc. It is described as a technology and professional services company that serves U.S. federal agencies across defense, civilian, healthcare, justice, intelligence and international affairs, helping them modernize government operations through technology and flexible delivery models.
• How does CGI address fraud, waste and abuse in government programs?
  CGI offers the CGI Fraud, Waste and Abuse Prevention Platform, which integrates real-time risk detection, advanced analytics and artificial intelligence with agency financial and other systems. It uses third-party data and open-source intelligence to assess risk before payments are made and maintains an auditable record of decisions while monitoring transactions for potential fraud, insider threats, or waste and abuse.
• What role does CGI play in secure communications and defense?
  CGI is working with the NATO Communications and Information Agency and partner secunet Security Networks on the HERMES project, which delivers a secure and scalable IT solution for mobile communication on specially protected equipment. CGI provides managed services, a secure VPN, and a service operation centre that includes monitoring, a Security Operation Center, on-call support and user training.
• How does CGI expand its capabilities and geographic footprint?
  CGI expands through organic growth and acquisitions. Examples include the acquisition of Comarch Polska SA to grow its presence in Poland and the Baltic States, and the acquisition of Online Business Systems to strengthen its capabilities in digital transformation, cybersecurity and AI in Canada and the United States.
• What regulatory filings does CGI submit for investors?
  CGI files an Annual Information Form, Management Proxy Circular and Annual Report on Form 40-F, along with interim and current reports on Form 6-K. These filings can include management's discussion and analysis, audited and unaudited financial statements and related press releases, and some exhibits are incorporated by reference into registration statements.
• On which exchanges is CGI stock listed and under what symbols?
  CGI shares are listed on the Toronto Stock Exchange under the symbol GIB.A and on the New York Stock Exchange under the symbol GIB.