Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Alithya Group ( (TSE:ALYA) ) just unveiled an announcement.
Alithya Group Inc. reported a positive financial performance for the first quarter of fiscal 2026, ending June 30, 2025, with revenues increasing by 2.7% to $124.2 million compared to the same period last year. The company achieved a net earnings turnaround, reporting $0.2 million compared to a net loss of $2.8 million in the previous year. The acquisition of eVerge Interests, Inc. contributed to the growth in U.S. revenues, which saw a 17.3% increase. Despite a decrease in Canadian revenues, the overall gross margin improved to 32.1%. The company also reduced its selling, general, and administrative expenses by 3.4%, enhancing its profitability.
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 stock is supported by strong operational improvements highlighted in the earnings call and strategic acquisitions. However, high P/E ratio and revenue growth inconsistency present valuation risks. The positive momentum from technical analysis adds a favorable short-term outlook.
To see Spark’s full report on TSE:ALYA stock, click here.
More about Alithya Group
Alithya Group Inc. operates in the technology and consulting industry, specializing in enterprise application and transformation services. The company focuses on leveraging data and AI capabilities to support clients in deploying mission-critical cloud enterprise systems.
Average Trading Volume: 74,404
Technical Sentiment Signal: Buy
Current Market Cap: C$252.2M
For detailed information about ALYA stock, go to TipRanks’ Stock Analysis page.