CGI(US:GIB) Financial Modeling Prep·2025-12-15 06:00Core Viewpoint - CGI Inc. is a significant player in the technology and professional services sector, specializing in IT and business consulting services, and has recently secured a major contract that may enhance its future performance [1][2][3]. Group 1: Company Overview - CGI Inc. provides a wide range of IT and business consulting services, including systems integration, outsourcing, and managed services [1]. - The company competes with major firms like Accenture and IBM in the global market [1]. Group 2: Recent Developments - On December 14, 2025, CIBC downgraded CGI's stock from "Outperform" to "Neutral" when the stock was priced at $90.61 [2]. - CGI has secured a significant contract with the Texas Department of Information Resources (DIR) to provide commercial off-the-shelf (COTS) software and related services to state and local governments [2][3]. Group 3: Contract Impact - The contract with Texas DIR aims to enhance digital transformation and data integration within the public sector [3]. - CGI's solutions, such as CGI Advantage and CGI Transcend, are designed to support government operations and improve service delivery [3]. Group 4: Stock Performance - CGI's stock price is currently $90.61, reflecting a slight increase of 0.38% or $0.35 [4]. - The stock has fluctuated between $89.69 and $90.76 during the trading day, with a yearly high of $122.79 and a low of $84 [4]. - CGI's market capitalization is approximately $20.18 billion, with a trading volume of 222,690 shares [4].