TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Constellation Software ( (TSE:CSU) ) has shared an update.
Constellation Software’s Lumine Group has announced a definitive agreement to acquire Synchronoss Technologies for approximately $116.4 million. This acquisition, expected to close in the first half of 2026, will complete Synchronoss’ transformation and enhance its cloud services, providing new opportunities for employees and improved capabilities for customers. The acquisition marks Lumine Group’s first public company purchase, reinforcing its strategy to protect and grow acquired brands.
The most recent analyst rating on (TSE:CSU) stock is a Buy with a C$5600.00 price target. To see the full list of analyst forecasts on Constellation Software stock, see the TSE:CSU Stock Forecast page.
Spark’s Take on TSE:CSU Stock
According to Spark, TipRanks’ AI Analyst, TSE:CSU is a Neutral.
Constellation Software’s strong financial performance is the most significant factor, showcasing solid revenue growth and profitability. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. The low dividend yield offers limited appeal for income-focused investors.
To see Spark’s full report on TSE:CSU stock, click here.
More about Constellation Software
Constellation Software Inc. is a global acquirer of communications and media software businesses, operating through its subsidiary Lumine Group Inc. Lumine Group focuses on acquiring and holding communications and media software companies, aiming to enhance their capabilities and market reach.
Average Trading Volume: 67,272
Technical Sentiment Signal: Hold
Current Market Cap: C$70.38B
Find detailed analytics on CSU stock on TipRanks’ Stock Analysis page.