Capgemini lifts 2026 revenue growth target on AI transformation demand

Capgemini raised its 2026 revenue growth ​target on Thursday as demand for large AI transformation projects helped lift ‌bookings, ⁠with the ⁠French IT group also citing ​rising spending on defence, security and technology sovereignty.

The ​company now expects annual revenue growth of 8.5% to ​9% at constant currency, up ⁠from 6.5% ‌to 8.5% ​previously.

It ​maintained its operating margin ⁠target of 13.6% to 13.8% and organic ​free-cash-flow forecast of €1.8 billion ​to €1.9 billion.