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The latest update is out from Computer Modelling ( (TSE:CMG) ).
Computer Modelling Group Ltd. reported a 3% decrease in total revenue for the first quarter of 2026, attributed to a 15% organic decline offset by 12% growth from acquisitions. The company experienced a 26% drop in adjusted EBITDA and a 20% decrease in earnings per share, reflecting market uncertainties and challenges in the energy sector. Despite these setbacks, CMG continues to pursue acquisitions to bolster its capabilities and has reduced its quarterly dividend to $0.01 per share to retain capital for future growth.
The most recent analyst rating on (TSE:CMG) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Computer Modelling stock, see the TSE:CMG Stock Forecast page.
Spark’s Take on TSE:CMG Stock
According to Spark, TipRanks’ AI Analyst, TSE:CMG is a Outperform.
The overall stock score of 77 reflects CMG’s strong financial health and positive technical indicators. Strategic corporate events further reinforce its growth potential. The valuation suggests a moderate market perception, balanced by a solid dividend yield.
To see Spark’s full report on TSE:CMG stock, click here.
More about Computer Modelling
Computer Modelling Group Ltd. operates in the software industry, focusing on providing reservoir simulation software to the oil and gas sector. The company is known for its expertise in modeling and simulation solutions, which are essential for optimizing production and enhancing energy resource management.
Average Trading Volume: 166,824
Technical Sentiment Signal: Hold
Current Market Cap: C$654.9M
For detailed information about CMG stock, go to TipRanks’ Stock Analysis page.