WSP, CA92938W2022

WSP agrees to buy GCM Corpo. WSP stock sits 44.31 percent below its high!?

Published on 10/15/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The GCM Corpo deal adds 600 professionals and targets a fourth-quarter 2026 closing. WSP stock costs EUR 101.50 on October 15, 2026.

Acquisition and earnings dates

WSP agreed to acquire GCM Corpo, which employs approximately 600 professionals, on October 1, 2026.
Second-quarter revenue reached CAD 5.40 billion, up 20.00 percent year over year.
WSP stock traded at EUR 101.50 at 12:43 p.m. CEST at Lang & Schwarz on October 15, 2026.

WSP, CA92938W2022, Illustration mit AI erstellt.

WSP Global Inc. (CA92938W2022) agreed to acquire GCM Corpo on October 1, 2026, adding an engineering platform with approximately 600 professionals in Canada. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval, according to GlobeNewswire.

GCM deal broadens energy reach

GCM Corpo serves energy, industrial, mining and metals clients across Quebec, Western Canada and Atlantic Canada. WSP said the acquisition would expand process engineering, industrial digitalization, operational technology cybersecurity, project management and environmental services.

Part of the consideration will be paid in WSP common shares. That structure links the transaction to WSP's capital base while the company seeks to strengthen its Canadian energy platform.

What do the latest results show?

WSP's second-quarter revenue rose 20.00 percent year over year to CAD 5.40 billion for the period ended June 30, 2026. Adjusted EBITDA increased 28.80 percent to CAD 815.00 million, while the adjusted EBITDA margin reached 19.10 percent, up from 18.20 percent in the second quarter of 2025, according to Benzinga.

The earnings profile gives the GCM deal a measurable operating backdrop. WSP also raised its 2026 outlook to net revenue of CAD 16.20 billion to CAD 17.00 billion and adjusted EBITDA of CAD 3.10 billion to CAD 3.18 billion.

When are the next results due?

WSP will release third-quarter 2026 results on November 4, 2026, after market close. The conference call follows on November 5, 2026, at 8:00 a.m. Eastern Time, according to Yahoo Finance.

Analyst sentiment remains positive but target levels vary. MarketBeat reported an average rating of Buy and an average target of CAD 289.62, alongside targets ranging from CAD 230.00 to CAD 369.00.

Stock stays below its yearly high

WSP stock was trading at EUR 101.50 at Lang & Schwarz on October 15, 2026 at 12:43 p.m. CEST. The Toronto Stock Exchange quote was CAD 161.64 at the October 14, 2026 close, against a 52-week range of CAD 156.64 to CAD 290.23.

The further course of trading is shown by the continuously updated real-time quote of WSP stock.