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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 faced challenges due to market uncertainties in the energy sector, impacting sales cycles and procurement processes. Despite a 7% increase in recurring revenue, the company’s adjusted EBITDA fell by 26%, and free cash flow decreased by 22%. The board approved a quarterly dividend of $0.01 per share, reflecting a strategic move to retain capital for future acquisitions.
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 and production solutions. The company is engaged in energy and energy transition markets, offering software solutions that assist in modeling and managing oil and gas reservoirs.
Average Trading Volume: 166,824
Technical Sentiment Signal: Hold
Current Market Cap: C$654.9M
Learn more about CMG stock on TipRanks’ Stock Analysis page.