Capgemini edges past 2025 revenue estimates on cloud, AI demand

Capgemini SE

13/02/2026 06:09

Overview

France-based IT services firm's 2025 revenue slightly beat analyst expectations

Operating margin stable at 13.3% of revenues

Company plans €700 mln restructuring costs over next two years

Outlook

Capgemini targets 2026 revenue growth of +6.5% to +8.5% at constant exchange rates

Company expects 2026 operating margin between 13.6% and 13.8%

Capgemini anticipates 2026 organic free cash flow of €1.8 bln to €1.9 bln

Result Drivers

AI AND DIGITAL SERVICES - Strong demand for cloud, data & AI, and digital business process services drove growth, per CEO Aiman Ezzat

GENAI BOOKINGS - Generative AI accounted for over 10% of Group bookings in Q4, highlighting Capgemini's role in AI-driven transformations

STRATEGIC ACQUISITION - Acquisition of WNS strengthens Capgemini's ability to deliver GenAI-powered operations, per CEO Aiman Ezzat

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
EUR 22.47 bln
EUR 22.28 bln (19 Analysts)
FY Net Income
EUR 1.60 bln
FY Basic EPS
EUR 9.46
FY Operating Profit
EUR 2.20 bln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Capgemini SE is €180.00, about 80.5% above its February 12 closing price of €99.74

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNE2QT7Wd

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)