Alithya Group (TSE:ALYA) Trading Down 11.3% – Here’s Why

Posted by George Bondi on Aug 15th, 2026

Alithya Group Inc. (TSE:ALYA – Get Free Report)’s stock price dropped 11.3% during trading on Thursday . The company traded as low as C$1.05 and last traded at C$1.10. 165,871 shares were traded during trading, an increase of 178% from the average daily volume of 59,565 shares. The stock had previously closed at C$1.24.

Alithya Group News Summary

Here are the key news stories impacting Alithya Group this week:

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.

Wall Street Analyst Weigh In

ALYA has been the subject of several recent analyst reports. Desjardins cut Alithya Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$1.55 to C$1.15 in a research note on Friday. ATB Cormark Capital Markets downgraded shares of Alithya Group from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from C$1.60 to C$1.35 in a report on Friday. Barrington Research cut shares of Alithya Group from an “outperform” rating to a “market perform” rating in a report on Friday. Scotiabank lowered shares of Alithya Group from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from C$2.00 to C$1.50 in a research note on Friday, April 24th. Finally, Ventum cut their price objective on Alithya Group to C$2.00 and set a “buy” rating for the company in a report on Monday, June 15th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alithya Group has a consensus rating of “Hold” and an average price target of C$1.80.

Read Our Latest Research Report on ALYA

Alithya Group Trading Down 2.7%

The stock has a market capitalization of C$103.54 million, a PE ratio of -2.67, a PEG ratio of 2.38 and a beta of -0.71. The company has a quick ratio of 1.32, a current ratio of 1.25 and a debt-to-equity ratio of 88.81. The stock’s 50 day moving average price is C$1.06 and its 200-day moving average price is C$1.29.

Alithya Group (TSE:ALYA – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported C$0.04 EPS for the quarter. Alithya Group had a negative return on equity of 24.36% and a negative net margin of 8.12%.The business had revenue of C$105.05 million for the quarter. On average, sell-side analysts expect that Alithya Group Inc. will post 0.0400733 earnings per share for the current fiscal year.

Alithya Group Company Profile

(Get Free Report)

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of revenue from Canada.