Q: Hi Team,
The stock has fallen from C$293.53, a 5-year high to C$183.66 on 2025 Dec 5th. In the last report Q3 (2025 Sep 30) had increased revenue and profit and kept full year outlook. If someone is a long term investor, should he stay invested and add to the position (to take the advantage of weak market) or sell and deploy capital in some other Canadian Tech (only in Canadian company investment option). Your views about the company fundamental and future prospects based of AI fear in the market and not for any personal financial advice. Just to know as the fear of AI is really going to hit this company so bad?
Thanks
Piyush
The stock has fallen from C$293.53, a 5-year high to C$183.66 on 2025 Dec 5th. In the last report Q3 (2025 Sep 30) had increased revenue and profit and kept full year outlook. If someone is a long term investor, should he stay invested and add to the position (to take the advantage of weak market) or sell and deploy capital in some other Canadian Tech (only in Canadian company investment option). Your views about the company fundamental and future prospects based of AI fear in the market and not for any personal financial advice. Just to know as the fear of AI is really going to hit this company so bad?
Thanks
Piyush
5i Research Answer:
Note we have recent comments posted on this today. We think the sell off is not a reflection of fundamentals, and mostly un-justified concern on competition and tax-loss selling. Now, sentiment shifts can last a while, but earnings growth is still expected over the next few years. It needs to execute of course, but we would not bet against this management. The history speaks for itself. It has the ability to make good acquisitions and it has shown this in the past. We would be comfortable holding. We might not add until we see the stock settle in, but we would still see it as one of the better long-term, 'sleep at night' stocks in the Canadian market.