Should I buy WSP Global stock in 2025?

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At HelloSafe, our expert has been tracking WSP Global's performance for over three years. Every month, hundreds of thousands of Canadians rely on us to clarify market trends and help identify the best investment opportunities. Our analyses are provided strictly for informational purposes and do not represent investment advice. As per our ethical charter, we have never been, and never will be, compensated by WSP Global.

What is WSP Global?

How much is WSP Global stock?

The price of WSP Global stock is rising this week. As of today, shares are trading at CAD 247.02, up 1.09% (CAD 2.66) over the past 24 hours but showing a 2.52% decrease for the week. WSP Global’s market capitalization stands at CAD 32.24 billion, with an average daily volume of 273,175 shares over the past three months. The price-to-earnings (P/E) ratio is 45.83, the dividend yield is 0.61%, and the stock beta is 0.82. Despite recent fluctuations, WSP’s relative stability and strategic growth initiatives may appeal to investors seeking exposure to the infrastructure sector in Canada.

Our full analysis on WSP Global stock

Having carefully reviewed WSP Global’s most recent financial results and assessing the stock’s performance over the past three years, our analysis leverages an integration of key financial metrics, technical indicators, real-time market data, and peer benchmarking—processed through our proprietary analytic models. This rigorous approach allows us to highlight not only WSP Global’s impressive fundamentals but also its evolving trajectory in a structurally expanding industry. So, why might WSP Global stock once again become a strategic entry point into the global engineering and professional services sector in 2025?

Recent Performance and Market Context

WSP Global (TSX: WSP) has demonstrated considerable resilience and dynamism within the Canadian and international engineering consulting space. As of May 2025, WSP trades at CAD 247.02 per share, equating to a market capitalization of CAD 32.24 billion. The stock has advanced impressively over the past year (+17.93%), outpacing sector benchmarks and reflecting robust investor conviction, even as the broader Industrials segment encountered varied headwinds.

In the shorter term, recent weekly and 6-month performances—marked by marginal retracements of -2.52% and -1.5%, respectively—are better viewed as consolidation phases within a secular uptrend that has persisted since 2021. These periods have provided disciplined investors with opportunities to accumulate shares ahead of the next phase of growth.

WSP’s recent quarterly reporting cycle catalyzed renewed enthusiasm: Q4 2024 saw revenue and adjusted EBITDA surge by 25.3% and 20.8% year-over-year, respectively. The company’s free cash flow position remains robust at CAD 642.5 million, further underlining financial health.

The macroeconomic climate remains generally supportive. Record infrastructure investments in North America, a global pivot toward sustainable energy and ESG-focused projects, and increasing demand for advanced engineering solutions have placed WSP at the nexus of key multiyear growth trends. The Canadian federal government’s renewed infrastructure plan and rising climate resiliency priorities enhance the company’s long-term project pipeline.

Technical Analysis

WSP Global’s technical profile is sending encouraging signals for bullish investors. The Relative Strength Index (RSI) stands at approximately 55.76, safely away from overbought conditions but confirming growing momentum. The Moving Average Convergence Divergence (MACD) recently printed at 1.73, indicating positive momentum and the potential for further upside continuation.

Crucially, WSP’s share price recently crossed above its 40-day moving average, a classic bullish trigger within technical analysis, particularly as it follows a short period of consolidation. Support is identified around the CAD 202 level—a zone tested multiple times in the past 12 months, offering a reliable technical floor. Resistance sits at CAD 260; a decisive breakout above this point could trigger an acceleration toward new highs.

The medium-term price structure highlights a pattern of ascending lows, suggesting underlying accumulation. Market breadth remains supportive, and short-term technicals favor continued outperformance versus TSX Industrials peers.

Fundamental Analysis

From a fundamental perspective, WSP’s operating results and business model set it apart as a structural leader in engineering services. Fiscal 2024 delivered record revenue of CAD 16.17 billion (+12% year-over-year) and net revenue of CAD 12.17 billion. Adjusted EBITDA climbed 13.8%, with margin improvement to 18.0%—reflecting effective cost management and the scaled benefits of recent acquisitions.

Organic growth remains a highlight, notably with double-digit expansion in North America and significant project wins across high-demand sectors like transportation and environment. The backlog, now at a record CAD 15.6 billion (representing more than 10 months of revenues), provides strong earnings visibility into 2025 and beyond.

Valuation is forward-looking and supported by rapid earnings growth. WSP now trades at a trailing P/E of 45.83 and a forward P/E of 26.74, underscoring analyst confidence in double-digit EPS growth for the upcoming periods. The PEG ratio (factoring in the growth rate) and a price/sales ratio of 1.93 remain reasonable, especially when set against WSP’s sector-leading organic growth and EBITDA margin trajectory. Meanwhile, the company’s dividend—while modest at a yield of 0.61%—underscores a disciplined capital allocation policy geared toward both growth and shareholder returns.

Strategically, WSP’s multi-year plan to double its size, underpinned by targeted acquisitions and new business verticals, demonstrates an ambitious—yet historically well-executed—vision. The company’s market share continues to expand, and the WSP brand has rapidly become synonymous with complex, high-value engineering and sustainability solutions.

Volume and Liquidity

One critical sign of institutional confidence is steady and ample trading volume: WSP Global averages over 273,000 shares traded daily (3-month average), affirming its status as one of the most liquid names on the TSX. Such sustained volume ensures participants can move in or out with minimal slippage, enhancing attractiveness for both retail and institutional investors.

The company’s float—coupled with its stable investor base—reinforces valuation stability and supports dynamic price discovery. Heightened participation among long-term funds often signals market validation of the underlying growth story.

Catalysts and Positive Outlook

Looking ahead, several drivers provide tangible potential for further share appreciation:

• Strategic Acquisitions: The integration of POWER Engineers, AKF, and Communica strengthens core franchises in energy, property, and stakeholder engagement. These not only add immediate EBITDA but accelerate cross-selling and diversification.
• 2025-2027 Global Action Plan: Management’s roadmap to double in scale and boost margins represents a material inflection point, inviting a rerating of growth and profitability expectations.
• ESG and Sustainability: With surging demand for climate-resilient infrastructure and green consulting, WSP is poised to benefit as capital increasingly flows toward projects aligned with global sustainability goals.
• Government Spending: The sizable infrastructure budgets across North America and Western Europe present large, multi-year project opportunities.
• Technology and Innovation: Continuous investment in digital transformation and advanced engineering tools allows WSP to seize high-value contracts and maintain pricing power.
• Record Backlog: The CAD 15.6 billion backlog anchors revenue and earnings visibility, providing downside protection and clear multi-quarter growth prospects.

Such catalysts, coupled with favorable macro trends in infrastructure, environmental resilience, and clean energy, lend conviction to the view that WSP’s upward price trajectory is far from complete.

Investment Strategies

WSP Global’s profile lends itself well to several investment approaches:

• Short-Term Positioning: Technical lows (such as the CAD 202 level) have repeatedly acted as springboards for upward price movement. Traders monitoring momentum signals and volume spikes may find tactical entry points as WSP approaches or rebounds from these supports.
• Medium-Term Accumulation: Investors looking to capture upcoming catalysts—including acquisition integrations, quarterly results, or milestone achievements in strategic growth plans—may view periods of consolidation (such as recent 6-month underperformance) as favorable.
• Long-Term Allocation: For investors seeking exposure to structural trends in sustainability, infrastructure renewal, and professional services globalization, WSP stands out as a core holding. The company’s strong cash flow, disciplined dividend policy, and predictable earnings base make it compatible with RRSP and TFSA strategies.
• Ahead of Catalysts: Given a one-year analyst target of CAD 291.43 (+18% upside), positions established ahead of confirmed contract wins, regulatory developments, or enterprise-level digital transformation initiatives may see above-average risk-adjusted returns.

Dollar-cost averaging through periods of technical consolidation has historically yielded attractive entry points for patient investors. Meanwhile, WSP’s low beta and proven resilience suggest suitability even in uncertainty-prone macro contexts.

Is it the Right Time to Buy WSP Global?

WSP Global’s impressive fundamentals—spanning double-digit top-line growth, expanding EBITDA margins, exemplary free cash flow, and a record backlog—point to an unmatched operational cadence within the global engineering sector. Technical signals confirm bullish momentum, while high daily trading volume attests to persistent institutional confidence and liquidity.

Looking forward, the company’s strategic roadmap, robust M&A execution, and clear exposure to secular mega-trends in ESG and infrastructure collectively underpin an optimistic multiyear outlook. The forward-looking valuation remains justified by WSP’s growth trajectory and its capacity to consistently deliver both organic and acquisitive gains.

For Canadian investors seeking exposure to a resilient, innovative, and globally diversified professional services leader, WSP Global seems to represent an excellent opportunity. Its current levels may allow investors to position ahead of the next significant catalyst, be it major project announcements, incremental margin expansion, or further strategic acquisitions. With an 18% potential upside projected by consensus targets, and multiple structural tailwinds at its back, WSP Global’s stock appears poised to enter a new bullish phase—justifying renewed and serious consideration for addition to well-balanced, growth-focused portfolios.

In summary, WSP Global brings together impressive financial strength, strategic clarity, and sectoral momentum, making it a compelling case for those seeking quality exposure within the Canadian and global engineering landscapes—an opportunity that stands out for both its upside potential and its remarkable staying power.

How to buy WSP Global stock in Canada?

Buying shares of WSP Global (TSX: WSP) online is straightforward and highly secure when you go through a regulated Canadian broker. As an investor, you can choose between purchasing WSP Global shares directly (“spot buying”) or trading them via derivatives like Contracts for Difference (CFDs), depending on your approach and objectives. Each method has its features, costs, and benefits. To help you make an informed choice, we provide a detailed comparison of leading brokers further down the page.

Spot Buying

A cash (spot) purchase of WSP Global stock means you are buying actual shares, which are then held in your brokerage account. This makes you a direct shareholder, eligible for dividends and voting rights. In Canada, traditional spot buying usually comes with a fixed commission per trade, typically around $5 to $10 CAD per order, depending on the broker.

Example

Suppose WSP Global shares are trading at $247.02 CAD each. With a $1,000 CAD investment, and assuming a $5 commission, you can buy approximately 4 shares ($247.02 × 4 = $988.08 + $5 commission = $993.08 total).

✔️ Gain scenario

If WSP Global’s share price rises by 10% (to $271.72), your 4 shares would be worth $1,086.88.
Result: +$98.80 gross gain (about +10% on your investment), not including small variations in commission and regulatory fees.

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on WSP Global’s share price movements without owning the underlying shares. CFDs are popular for their flexibility, including the ability to use leverage. In Canada, typical CFD costs include the spread (difference between buy and sell price) and overnight financing charges if you hold positions for more than one day.

Example

With a $1,000 CAD deposit, you decide to trade WSP Global CFDs with 5x leverage, giving you exposure to $5,000 worth of shares.

✔️ Gain scenario

If WSP Global’s share price climbs by 8%, your position would earn a 40% return (8% × 5 leverage).
Result: +$400 gain on your $1,000 stake (before subtracting spreads/financing fees).

Note

CFD trading introduces higher risk due to leverage. Losses are also magnified, and CFDs may not be suitable for all investors.

Final Advice

Before choosing how to invest in WSP Global, it’s crucial to compare brokers’ fees, platform features, and account conditions—these can significantly impact your overall returns. Some brokers are better suited for long-term, buy-and-hold investors, while others may offer specialized tools for active CFD traders. Ultimately, the best approach depends on your investment horizon, risk tolerance, and financial objectives. For a comprehensive broker comparison, see the table further down this page and make sure to select the solution that aligns best with your needs.

Platforms

Minimum Deposit

Discover

#1

Tier 1 regulation, including ASIC and FSA

#1Recommended Offer

Star Trader

4.9

Minimum Deposit

$50

Discover

with our partner Star Trader

#2

Broker specializing in Forex and CFDs

#2

IFC Markets

4.8

Minimum Deposit

$1

Discover

with our partner IFC Markets

#3

Broker regulated since 2006

#3

Avatrade

4.8

Minimum Deposit

$100

Discover

with our partner Avatrade

Our 7 tips for buying WSP Global stock

The latest news about WSP Global

WSP Global’s stock has shown positive momentum, crossing above its 40-day moving average and closing at CAD 247.02. This technical move, confirmed by an RSI of 55.76 and a bullish MACD reading of 1.73, indicates renewed buying interest and a potential trend reversal after a modest weekly decline. Despite shedding 2.52% in the past week, recent price action suggests investor sentiment remains constructive, especially within its 52-week range. Canadian investors, who closely monitor local market signals, are likely to view this technical strength as an encouraging sign of short-term resilience.

The company reported robust year-end results with annual revenue reaching CAD 16.17 billion and organic growth of 10% in Q4 2024. Net revenue, adjusted EBITDA, and free cash flow all posted double-digit increases, with full-year EBITDA margin improving to 18%. Importantly for the Canadian market, over 70% of revenue is derived from the North American region, underlining the firm’s strong local presence. The record CAD 15.6 billion backlog equates to nearly 11 months of revenues, providing significant visibility for future earnings and stability for Canadian-focused portfolios.

WSP Global continues to execute its acquisitive growth strategy, completing key deals to expand capabilities in power, property, and Indigenous engagement. The recent integration of POWER Engineers and AKF enhances WSP’s reach in North America’s power and property sectors, while the acquisition of Communica strengthens its Indigenous and stakeholder engagement competencies—a critical factor in the Canadian infrastructure landscape given national reconciliation priorities. These strategic moves reinforce its market-leading position in Canada and diversify project pipelines aligned with domestic priorities.

The launch of WSP’s 2025–2027 strategic plan signals ambitions to double in size and bolster sustainability leadership. Announced by CEO Alexandre L’Heureux, the plan sets higher margin targets and commits to expanding WSP’s footprint as a top brand in professional services, emphasizing innovation and climate resilience. With Canadian infrastructure investments on the rise, this forward-looking strategy positions the firm to capitalize on domestic and cross-border opportunities in sustainability, transportation, and emergency response sectors.

WSP’s dividend policy continues to benefit Canadian investors, with the next eligible dividend of CAD 0.375 per share scheduled in April 2025. The dividend qualifies as an “eligible dividend” under Canadian tax law, ensuring favorable treatment for recipients using tax-advantaged accounts like the TFSA or RRSP. This, combined with analyst consensus indicating an 18% potential upside and a manageable 0.61% annual yield, makes the stock attractive for local income-oriented and growth-focused investors alike.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.