Capgemini

Capgemini shares climbed about 2% to €108.10, driven by a broad rally in European software stocks after reports of takeover talks between Silver Lake and Workday. An independent analysis also highlights a valuation discount for Capgemini versus rivals such as Accenture, leading most analysts to rate the stock as "buy" and to set an average price target well above the current level. Support also came from the overall strong technology sector and the CAC 40 trading near multi-year highs, while the stock remains well below its 52-week high. » Plus sur de.investing.com

Capgemini reported revenue of €12.08bn for H1 2026 and raised its currency-adjusted revenue growth forecast for 2026 to 8.5–9.0%. Net profit attributable to shareholders fell by about 31% to €498m; costs from the ongoing restructuring programme were a burden. The margin outlook remained unchanged at 13.6–13.8%, after which the stock, following an initial rally, came under pressure from profit-taking. » Plus sur de.investing.com

At its investor day Capgemini presented new targets: currency-adjusted annual growth of 5.5–7.5% through 2028, about 2 percentage points of which from acquisitions, and cumulative organic free cash flow of more than €6bn for 2026–2028. The company introduced a new metric for adjusted operating result that lowers the 2025 operating margin to 10.8%, with a target of 12.1–12.3% by 2028. For 2026 Capgemini confirms revenue growth of 6.5–8.5%, an operating margin of 13.6–13.8% and organic free cash flow of €1.80–1.90bn. Analysts view the margin target as slightly above their estimates but flag execution risks for organic growth and sector-specific risks from AI, contract structures and consulting cycles. » Plus sur de.investing.com