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  5. STN: What has been pulling these two engineering companies down since the fall of 2025? [Stantec Inc.]
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Q: What has been pulling these two engineering companies down since the fall of 2025? What is your current investment thinking regarding these two?
Thanks!
Asked by Robert on May 12, 2026
5i Research Answer:

We have some comments today on WSP; for both it seems to be more of a sector issue than a company issue. WSP had solid earnings and a record baklog. STN had OK earnings. We do not see any specific new negative news and remain comfortable.