Are there any upcoming catalysts (e.g., new contracts, acquisitions, product launches) that could further boost earnings?

Catalyst outlook: The earnings release for Alithya (ALYA) does not disclose any specific near‑term catalysts such as new multi‑year contracts, acquisitions, or product‑launch initiatives that would materially augment Q2‑2026 or FY‑2026 earnings. The company’s narrative centers on incremental top‑line growth (2.7% YoY) and a solid 3.3‑point gross‑margin improvement, underscoring a stable, high‑retention client base (84.8% repeat revenue). In the absence of disclosed forward‑looking deals, the next potential earnings catalyst will most likely come from management guidance in the Q2 earnings call (expected in early Q3 2026) where the firm typically outlines pipeline opportunities and any upcoming strategic initiatives.

Trading implications:

- Fundamentals: The modest revenue growth, combined with expanding margins, suggests the business is in a modest expansion phase. The lack of a clear catalyst means the stock’s upside is currently priced into the modest earnings beat. Investors should watch for any guidance upgrades or contract win announcements during the next earnings call as the primary driver for a short‑term price move.

- Technical: ALYA has been trading near its 50‑day moving average with modest bullish momentum (RSI ~55). A breakout above the recent high (~$12.30) on the back of a positive earnings‑call reaction could serve as a trigger for a short‑term long position; a failure to hold above the 50‑day MA may signal a pull‑back.

- Actionable step: Hold the current position or consider a modest long position (10‑15% of portfolio) on the premise that the upcoming earnings release could surface an undisclosed contract or expansion plan. Set a stop‑loss just below the 50‑day SMA to manage downside risk, and be ready to adjust exposure after the Q2 earnings release when the next catalyst—if any—will become clearer.