Alithya Group Expands Capabilities with eVerge Acquisition

Alithya Group ( (TSE:ALYA) ) has shared an announcement.

Alithya Group has acquired eVerge Interests, Inc., enhancing its capabilities in Salesforce, Oracle, and AI, and expanding its operations in India. This acquisition is expected to strengthen Alithya’s industry positioning by offering new CRM options and extending its Oracle HCM capabilities across various sectors, providing clients with flexible technology solutions and transformative results.

The most recent analyst rating on (TSE:ALYA) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Alithya Group stock, see the TSE:ALYA Stock Forecast page.

Spark’s Take on TSE:ALYA Stock

According to Spark, TipRanks’ AI Analyst, TSE:ALYA is a Neutral.

Alithya Group’s overall stock score reflects a balanced view of its financial performance challenges and operational strengths. Persistent net losses and valuation issues weigh heavily, while technical indicators suggest a stable, albeit neutral, market position. The earnings call highlights positive strategic execution, providing some optimism for future improvements. However, significant hurdles remain, particularly in achieving profitability, impacting the stock’s attractiveness.

To see Spark’s full report on TSE:ALYA stock, click here.

More about Alithya Group

Alithya is a trusted advisor in strategic consulting and digital transformation services, leveraging AI and the latest technologies to solve business challenges. The company offers a range of services to modernize processes and improve efficiencies, supported by a global team of industry experts and a partner ecosystem.

YTD Price Performance: 6.21%

Average Trading Volume: 19,655

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$169.8M

See more insights into ALYA stock on TipRanks’ Stock Analysis page.