Alithya Group (ALYA) News Today

Alithya Group Inc. (TSX: ALYA) is facing increased analyst caution, which likely explains recent weakness in the stock. Three firms downgraded their ratings following the company’s latest quarterly results, although two of them still maintain price targets above the recent trading level.

• Positive Sentiment: ATB Cormark lowered its rating to “sector perform” from “outperform” but set a C$1.35 price target, implying potential upside from the recent C$1.06 level. Tickerreport analyst rating article
• Positive Sentiment: Desjardins downgraded Alithya to “hold” from “buy,” while its C$1.15 target remains above the recent market price. However, the target was reduced substantially from C$1.55. BayStreet.CA analyst ratings article
• Neutral Sentiment: Alithya reported quarterly revenue of C$105.05 million and adjusted? reported EPS of C$0.04. The company nevertheless posted a negative net margin of 8.12% and negative return on equity of 24.36%, highlighting ongoing profitability concerns. Alithya Group earnings report
• Negative Sentiment: Barrington Research cut its rating from “outperform” to “market perform,” adding to the broader shift toward more cautious expectations for Alithya. BayStreet.CA analyst ratings article
• Negative Sentiment: The overall message from the analyst actions is bearish: ratings were reduced by Desjardins, ATB Cormark and Barrington, and both firms providing targets lowered them. This suggests concerns about Alithya’s earnings quality, profitability and near-term growth outlook.