CGI Inc. (NYSE:GIB) is among the 10 Best Magic Formula Stocks for 2026. On February 24, the company announced that its subsidiary, CGI Federal Inc., had secured a $64 million indefinite delivery/indefinite quantity contract from the U.S. Environmental Protection Agency’s (EPA) to modernize its financial management platform, Compass.
The agreement aims to enhance the implementation of the company’s Momentum Enterprise Suite by leveraging AI and other capabilities of the ERP solution to expand automation and software consolidation.
According to CGI Inc. (NYSE:GIB)’s press release, this is a five-and-a-half-year contract, featuring several task orders that will further solidify the company’s partnership with the Environmental Protection Agency (EPA).
In other news, the IT and business processes services provider reported financial results for the first quarter of fiscal 2026 on January 28. Revenue grew 7.7% year-over-year to $4.08 billion, driven by recent acquisitions and robust demand for the company’s APAC delivery center. Adjusted diluted EPS stood at $2.12, improving 7.6% from the prior year’s period.
Wall Street analysts have a bullish outlook on the stock, with a Strong Buy rating and an average share price upside potential of 53.4% as of the close on February 23.
CGI Inc. (NYSE:GIB) is an information technology and business consulting services company offering a broad portfolio of capabilities.
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