Should I buy Converge ICT Solutions stock in 2025?

What is Converge ICT Solutions?

How much is Converge ICT Solutions stock?

The price of Converge ICT Solutions stock is rising this week. As of today, CNVRG trades at ₱19.80, showing a positive 24-hour move of +0.4% and a weekly gain of +3.2%. The company’s market capitalization stands at ₱145.19 billion, with an average 3-month trading volume of about 5.45 million shares. The current P/E ratio is 12.76, dividend yield is 2.15%, and its beta of 0.74 indicates lower-than-market volatility. Overall, Converge presents a balanced investment opportunity with steady financial growth and moderate price stability for the Philippine market.

Our full analysis on Converge ICT Solutions stock

Having thoroughly examined the latest quarterly results and multi-year stock performance of Converge ICT Solutions, we have integrated rigorous analysis from a spectrum of financial indicators, technical signals, market data, and competitive benchmarks using our proprietary valuation algorithms. Our due diligence underscores compelling trends in both operational success and market positioning, making this a noteworthy case for portfolio consideration. So, why might Converge ICT Solutions stock once again become a strategic entry point into the Philippine technology sector in 2025?

Recent Performance and Market Context

Converge ICT Solutions (PSE:CNVRG) has emerged as one of the Philippine market’s most dynamic technology stocks, experiencing robust price appreciation over the past twelve months. After rebounding from a 52-week low of ₱9.86, the stock closed at ₱19.80 on May 27, 2025—hovering just below its 52-week high of ₱20.75 and marking a notable 93.2% increase year-over-year. This outsized performance meaningfully outpaces both the PSE index and sectoral competitors.

• Record Q1 2025 financial results, with revenue and profit expansion exceeding market forecasts
• Recognition for fastest and highest-quality fixed broadband, as awarded by Ookla®
• Upgraded ESG rating (‘AA’ by MSCI) highlighting improving corporate governance and risk management

On the macroeconomic front, ongoing digitalization, strong household demand for connectivity, supportive government infrastructure initiatives, and a resilient Philippine consumer environment reinforce sectoral tailwinds.

Amid this favorable backdrop, with technology adoption rates surging and fixed broadband penetration accelerating, Converge stands at the confluence of robust demand and sector-defining leadership.

Technical Analysis

• RSI (14) at 50.97 signals balanced momentum—a healthy setup, avoiding both overbought and oversold territory
• MACD of 0.07 showcases early-stage bullish momentum
• Moving averages:
• Short-term (5/20-day MA) send neutral-to-cautious signals, reflecting minor consolidation
• Medium- to long-term (50/100/200-day MA) flash strongly bullish trends with price consistently closing above these longer-term averages
• Support levels: ₱19.64, ₱19.48, ₱19.30
• Resistance: ₱19.98, ₱20.16, ₱20.32

The stock’s medium- and long-term technical momentum is particularly noteworthy—12.56% and 22.84% respective gains—and the 93% trailing twelve-month return distinguishes CNVRG as one of the most dynamic large-caps in the market. With shares near key resistance but not yet at technically stretched readings, any breakout above ₱20.32 could trigger a new bullish phase, while strong support offers an asymmetrical risk-reward profile.

Fundamental Analysis

• Revenue growth: Q1 2025 revenue up 13.2% YoY to ₱10.8 billion; FY 2024 revenue at ₱40.61 billion (+14.8% YoY)
• Profitability: Net income surged 18.3% YoY in Q1 to ₱3.0 billion, with a 28.0% margin and industry-leading EBITDA margin of 62.0%
• Valuation metrics:
• P/E ratio of 12.76 is modest for a high-growth technology firm in a frontier market context
• Dividend yield at 2.15%, pairing growth with income
• Return on Invested Capital of 18.4% signals highly efficient capital deployment
• Expansive market opportunity: Only 34.4% fiber port utilization, leaving meaningful upside within current infrastructure
• Balance sheet strength: Net debt/EBITDA at 0.4x, well below industry averages, granting flexibility for further expansion or innovation investments
• Brand and innovation: Recognition as the nation’s top internet provider and rapid rollout of new services (Super FiberX, Starlink partnerships) evidence an entrenched brand and relentless innovation drive

In terms of market share, Converge now commands approximately 54% of the local fiber-to-the-home market—an enviable strategic position amidst intensifying competition.

Volume and Liquidity

Despite a slight dip in recent daily traded volume to 287,400 (from a 3-month average of 5.45 million), sustained liquidity and broad institutional coverage underscore persistent investor confidence. The company’s public float and market cap (₱145 billion) provide the optimal blend of tradability and dynamic price discovery, helping facilitate ready entry and exit for investors.

Periods of consolidation tend to precede renewed upside, particularly when supported by robust underlying volume and consistent order book support in the ₱19.30–₱19.64 band—indicating professional accumulation during dips.

Catalysts and Positive Outlook

• Strategic product launches (Super FiberX, WiFi-6, bundled Xperience Box) targeting both upmarket and unserved segments
• Starlink partnership, empowering differentiated offerings for remote enterprise and government clients
• AI-enabled tech upgrades through Ribbon Communications, improving network throughput and preparing for future-proof bandwidth needs
• Enterprise segment growth (22.9% YoY in Q1)—a high-margin, less commoditized business line with large institutional contracts
• Ongoing geographic expansion, ensuring addressable market growth in still-underserved provinces and regions
• Upgraded ESG ratings and robust corporate governance, expanding eligibility for ESG-mandate funds and global institutional buyers
• Philippine digital adoption: The archipelago is still in the midst of a broadband infrastructure boom, and regulatory momentum remains supportive of sector infrastructure development and healthy competition
• Sector-wide optimism: The PSE tech sector is increasingly viewed as a structural growth pillar in the post-pandemic era, with “internet as utility” dynamics strengthening the recurring-revenue model

These tailwinds position Converge to further capitalize on both rapid subscriber growth and above-average margin expansion.

Investment Strategies

• For short-term investors:
• Breakout play: Entry near support (₱19.30–₱19.64) with a stop below technical levels, aiming for a move above nearby resistance (₱20.32) particularly if volume surges on earnings or news
• Catalyst anticipation: Positioning ahead of results announcements, technology unveilings, or further updates on regulatory or partnership fronts
• For medium-term positioning:
• Trend-following: Participation along the strong medium-term uptrend as new adoption cycles and product launches filter into quarterly results
• Momentum-based exposure: Capture additional upside as the company extends its market share and EPS growth trajectory into the second half of 2025
• For long-term investors:
• Structural growth thesis: Steady accumulation to capitalize on Converge’s dual-pronged residential/enterprise engine and the vast untapped fiber opportunity
• Compounding effect: With prudent leverage and a growing dividend stream, Converge may appeal to those seeking stable, scalable exposure to the backbone of the digital Philippine economy

Now, with technicals neutral-to-bullish and the prospect of breaking new highs, entering near current levels—or on brief consolidation dips—may represent an optimal risk-reward proposition.

Is it the Right Time to Buy Converge ICT Solutions?

• Outstanding and accelerating top- and bottom-line growth
• Strong, innovation-led competitive moat and a commanding 54% market share in fiber-to-the-home
• Operational discipline validated by sector-leading margins and capital efficiency
• Resilient technical configuration with the stock on the verge of a possible new breakout
• Analyst consensus target of ₱22.09, indicating double-digit upside from present levels
• Compelling catalysts in both the core residential and high-growth enterprise segments

While the competitive landscape and evolving regulatory frameworks warrant ongoing attention, Converge’s market positioning, financial discipline, and long runway for broadband expansion powerfully distinguish it as a leading contender in the technology sector.

Given this convergence of fundamental, technical, and macroeconomic strengths, Converge ICT Solutions seems to represent an excellent opportunity for investors seeking exposure to the digital transformation of the Philippine economy. The fundamentals justify renewed interest at current levels; the technical outlook augurs further momentum, and a host of upcoming catalysts make the case for sustained optimism. As Converge navigates the next phase of growth, the stock may well be entering a new bullish phase that warrants serious consideration by both tactical traders and long-horizon investors.

In an environment defined by digital acceleration and infrastructure investment, Converge ICT Solutions stands out as a rare blend of growth, innovation, and stability—an opportunity that deserves smart, timely attention.

How to buy Converge ICT Solutions stock in PH?

Buying Converge ICT Solutions (CNVRG) stock online through a regulated broker is both straightforward and secure, making it accessible to all investors in the Philippines. You can purchase shares directly—owning a piece of the company (spot buying)—or trade them via Contracts for Difference (CFDs), which let you speculate on price movements with leverage. Both methods are available from registered online brokers, each with their own advantages and fees. To help you choose the best platform for your needs, a comprehensive broker comparison is provided further down this page.

Cash buying

A cash purchase of Converge ICT Solutions shares means you directly buy and own actual shares listed on the Philippine Stock Exchange (PSE). This approach makes you a shareholder, entitled to any dividends and voting rights. Local brokers typically charge a fixed commission per order, often ranging from ₱20 to ₱50, along with a small percentage fee (around 0.25–0.30%) per trade.

Example

If the Converge share price is ₱19.80, and you invest ₱56,000 (about $1,000 at current exchange rates), you could buy around 2,800 shares (₱56,000 / ₱19.80 = 2,828), allowing for around ₱280 in brokerage fees (₱56,000 × 0.5%).

Gain scenario

If the share price rises by 10%, your shares are now worth approximately ₱61,600 (~$1,100).

Result: +₱5,600 gross gain, or about +10% on your investment, before fees and taxes.

Trading via CFD

CFD (Contract for Difference) trading allows you to speculate on Converge ICT Solutions’ share price movements—up or down—without actually owning the shares. With CFDs, you can use leverage, meaning you only need to deposit a fraction of the trade’s value to gain full exposure. Instead of a commission, brokers charge a spread (the difference between buy and sell prices), and there may be overnight financing fees if you hold positions beyond a day.

Example

You open a CFD position on Converge shares with a ₱56,000 ($1,000) stake using 5x leverage, giving you market exposure of ₱280,000 ($5,000).

Gain scenario

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +₱22,400 gain (around $400) on a ₱56,000 ($1,000) deposit, excluding fees and funding costs.

Final advice

Before investing, it’s essential to compare brokers’ fees, conditions, and access to local shares or CFDs. Some platforms are better for direct share ownership, while others specialize in leveraged products. Your choice should align with your investment objectives—whether you seek long-term growth and dividends through spot buying or short-term opportunities with leverage via CFDs. Explore our broker comparator below to find the provider that matches your needs and start your investment journey with confidence.

Our 7 tips for buying Converge ICT Solutions stock

The latest news about Converge ICT Solutions

Converge ICT Solutions reported robust Q1 2025 financial results, highlighting double-digit top- and bottom-line growth. The company’s first quarter revenues reached ₱10.8 billion, reflecting a 13.2% year-on-year increase, while net income surged by 18.3% to ₱3.0 billion compared to the same period last year. Both EBITDA and net income margins improved, with EBITDA climbing to ₱6.7 billion and the margin expanding to 62.0%. Notably, both residential and enterprise segments contributed to this performance, with enterprise revenue jumping 22.9% and wholesale sub-segment growth exceeding 50%, underscoring strong new-customer acquisitions and innovative service offerings relevant to the Philippine market.

The stock has gained strong technical momentum, with medium- and long-term indicators showing continued bullish signals. Over the past year, Converge’s shares have delivered a remarkable 93.2% return, significantly outperforming the broader Philippine market. Technical signals as of late May 2025 are broadly supportive, with the MACD (0.07) and most longer moving averages (50, 100, 200 days) giving bullish signals, despite some short-term neutrality reflected in the RSI (50.97). This trend is reinforced by sustained price growth, with uptrends in both the 20-day (3.2% growth) and 100-day (22.8% growth) timeframes, emphasizing resilient positive sentiment.

Converge’s strategic partnerships and product innovations are expanding its market relevance and technological edge in the Philippines. Recent initiatives include the commercial rollout of Super FiberX—a bundled high-speed plan incorporating SkyTV and advanced WiFi-6 hardware—enhancing value for residential users. The company’s partnership with Starlink as an authorized satellite broadband reseller is enabling broader geographic coverage, especially in rural and underserved areas, serving both business and government clients. Furthermore, the integration of AI-powered transmission technology from Ribbon Communications has increased national network capacity to 1.2Tbps, reinforcing Converge’s competitive positioning through infrastructure leadership.

Recent MSCI ESG ratings upgrade and local service awards underscore Converge’s reputation and governance improvements. In the latest period, Converge achieved ‘AA’ status from MSCI, distinguishing it as an industry leader for environmental, social, and governance (ESG) risk management. This upgrade was attributed to enhanced board oversight, improved compliance with ethics standards, and extensive data-security practices. In parallel, Converge was recognized by Ookla® as the Philippines’ top internet provider (second half of 2024), sweeping multiple awards for speed and quality of experience. These recognitions highlight rising consumer trust and institutional credibility in the Philippine market.

Analysts maintain a consensus “Buy” rating for CNVRG with a notable upside to the prevailing market price. Nine analysts currently covering Converge stock have set a consensus fair value target of ₱22.09, about 11% above the last recorded price of ₱19.80. This sentiment is grounded in the company’s consistent financial outperformance, conservative debt profile, expanding subscriber base, and visible growth catalysts within the Philippine telecom sector. The company’s solid fundamentals, rising dividends (2.15% yield), and outperforming stock chart make it an appealing prospect for investors seeking defensive yet growth-oriented exposure in the local market.

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.