Should You Invest in Converge (CNVRG) Stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Converge ICT Solutions for over three years. Every month, hundreds of thousands of users in the Philippines trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Converge ICT Solutions.

What is Converge ICT Solutions?

What is the price of Converge ICT Solutions stock?

The price of Converge ICT Solutions stock is steady this week. Currently trading at ₱18.00, the stock showed a 0.00% change in the last 24 hours and a 7-day decline of -7.50%. Its market capitalization stands at ₱132.11 billion, with an average three-month volume of 5.52 million shares. Converge ICT Solutions has a P/E Ratio of 11.60, a dividend yield of 3.39%, and a beta of 0.74, indicating moderate volatility. Despite recent weakness, analysts view the stock as a long-term growth opportunity in the Philippine digital sector.

Our full analysis of the Converge ICT Solutions stock

After a thorough review of Converge ICT Solutions's latest financial results and the stock’s trajectory over the past three years, we have conducted a deep-dive analysis powered by proprietary algorithms integrating market data, sector trends, and comparative benchmarks. This approach leverages financial indicators, technical signals, and peer group dynamics to distill actionable insights. So, why might Converge ICT Solutions stock once again become a strategic entry point into the Philippine tech-led connectivity sector in 2025?

Recent performance and market context

Converge ICT Solutions has posted extraordinary returns over the past year, with its stock rebounding by more than 60% and consistently ranking among the top performers in the Philippine mid-cap tech universe. Despite short-term price consolidation, its current price of ₱18.00 (as of July 2025) is near the upper end of its 52-week range, reflecting strong investor appetite. The most significant recent events include impressive Q1 2025 results, with net income surging 18.4% to ₱3.02 billion, and a robust 13.2% revenue increase year-on-year, both easily beating market forecasts. These achievements come against the backdrop of the Philippines’ vibrant digital transformation, where broadband and cloud adoption rates rise sharply on the back of government support and a consumer shift towards digital lifestyles. With rapid fiber optic deployment reaching 495 cities and municipalities, Converge has cemented its reputation as the nation’s fastest-growing fiber broadband provider.

Technical analysis

Examining the technical landscape, several signals suggest Converge ICT Solutions may be setting up for a new bullish cycle. The 14-day RSI currently hovers at 35.54, entering the lower bands that traditionally mark attractive entry levels for medium-term investors anticipating a reversal. The MACD, while showing short-term weakness, is approaching a level where historic turnarounds have been observed in the past. Price action has found strong support at ₱17.83, with a critical resistance at ₱20.35. Notably, trading volumes remain elevated—up 31% over the 50-day average—suggesting that institutional investors are actively positioning for a resurgence. The moving averages (20-, 50-, 100-, and 200-day) cumulatively point towards a medium-term breakout, especially as recent crossovers often precede upward momentum in high-growth tech stocks. These factors combine to provide a potential “reset” scenario appealing to both technical and tactical investors.

Fundamental analysis

On the fundamentals, Converge ICT Solutions boasts robust and accelerating growth. For full-year 2024, net income reached ₱10.8 billion (up nearly 19% year-on-year), with total revenue expanding 13.2% to ₱10.8 billion in Q1 2025. The company also continues to outperform on enterprise revenue, posting 21.9% growth by leveraging cross-selling and tailored business connectivity solutions for Philippine SMEs. Its P/E ratio stands at a modest 11.60—offering substantial value relative to technology sector averages and peer competitors. With a price-to-book of 2.40 and healthy margins, Converge is trading at multiples that justify renewed interest among value-oriented and growth-focused investors alike. The company’s nationwide pure fiber infrastructure, relentless investment in technology (AI, cloud, and smart city projects), and rising market share have transformed it into a digital backbone for the nation—fueling its ability to consistently outperform and innovate at scale.

Volume and liquidity

Sustained, high trading volumes provide strong confirmation of market confidence in Converge ICT Solutions. The three-month average daily volume of 5.52 million shares reflects robust liquidity, making it attractive for both retail and institutional investors seeking efficient entry and exit points. With a public float of 30.91%, the stock is neither over-concentrated nor excessively volatile, supporting stable and rationale price discovery. The consistent foreign investor participation, observable in recent quarterly filings, demonstrates the stock’s growing relevance in cross-border strategies and maintains valuation dynamism that can accelerate during bullish phases.

Catalysts and positive outlook

Numerous catalysts position Converge for continued outperformance. Notably, the appointment of Park Weongi, former CEO of NAVER Cloud, to the board signals a powerful pivot towards next-generation technology and international best practices. Ongoing fast-track fiber expansion, AI-driven service launches, and nationwide penetration into previously underserved regions underpin a robust pipeline of growth. Sector-wide tailwinds—such as surging e-commerce, increasing digital payments adoption (already nearly 60% of Philippine retail), and a government push for smart infrastructure—align perfectly with Converge’s business model. ESG initiatives, including green data centers and digital inclusion programs, enhance both brand equity and investor appeal at a time when sustainability is in focus. Analyst consensus remains resolutely bullish, with an average target price near ₱23.60, indicating meaningful upside potential.

Investment strategies

From a strategic perspective, Converge ICT Solutions deserves close consideration for short-, medium-, and long-term portfolios. For momentum and swing traders, the current technical support near ₱17.83 offers an ideal entry for a potentially sharp rebound, especially if volume continues to build and resistance at ₱20.35 is tested. Medium-term investors may benefit from positioning ahead of anticipated earnings catalysts or new product launches that could rerate the stock. Long-term investors are supported by credible double-digit annual growth, a proven track record in operational execution, and expanding dividends (₱0.43 regular and ₱0.18 special recently declared)—making the stock not only a growth play but also an emerging yield story. The blend of value, growth, and liquidity seen with Converge is rare among regional tech stocks and holds particular relevance in today’s dynamic Philippine investment landscape.

Is it the right time to buy Converge ICT Solutions?

On balance, the case for renewed interest in Converge ICT Solutions is robust and timely. The company combines high growth rates, prudent management, and significant competitive advantages in pure fiber infrastructure and technology leadership. Its valuation remains compelling, especially given superior financial and operational momentum, with new catalysts on the horizon that could trigger a fresh upward phase. For investors seeking exposure to the digital transformation of the Philippines, Converge ICT Solutions seems to represent an excellent opportunity at current levels. Supported by bullish technicals, strong market conviction, expanding profitability, and an ever-widening strategic moat, the stock may be entering a new bullish phase that rewards disciplined accumulation. With these factors in mind, Converge ICT Solutions increasingly merits attention as a core holding in any technology- and growth-oriented Philippine equity portfolio, with substantial upside likely as digital infrastructure investments accelerate across the nation.

How to buy Converge ICT Solutions stock in the Philippines?

Buying Converge ICT Solutions stock online is simple and secure when you use a regulated broker in the Philippines. You can purchase shares directly through spot buying, where you become the actual owner of Converge ICT Solutions shares, or you can trade via CFDs (Contracts for Difference), which allow for leveraged speculation on price movements without physical ownership. Each method has its own advantages—spot buying is typically straightforward for long-term investment, while CFDs offer flexible, short-term trading opportunities. To help you choose, we compare major brokers and their fees just further down this page.

Spot buying

Buying Converge ICT Solutions stock for cash means you purchase real shares, becoming a direct shareholder. Philippine brokers typically charge a fixed commission per order and a minimal SCCP and VAT, which together usually total around ₱20–₱50 depending on the broker and order size.

Gain scenario

For example: If the Converge ICT Solutions share price is ₱18.00, you can buy around 55 shares with a $1,000 stake (about ₱56,000), including a brokerage fee of around $5 (₱280).

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading on Converge ICT Solutions allows you to speculate on price movements without owning the real shares. Instead, you trade contracts reflecting the stock price and typically pay a spread (difference between buy and sell price), plus overnight financing fees if the position is kept open for several days. This method also offers leverage, amplifying both potential gains and losses.

Gain scenario

Example: You open a CFD position on Converge ICT Solutions shares, with 5x leverage and a $1,000 deposit. This gives you a market exposure of $5,000.

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

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before you invest, always compare the fees and trading conditions of different brokers, as these can significantly impact potential returns, especially for frequent trading or leveraged positions. Ultimately, whether you choose to buy Converge ICT Solutions shares directly or trade via CFDs depends on your investment goals and risk preference. For more help choosing the right broker, see our independent comparison further down this page.

Our 7 tips for buying Converge ICT Solutions stock

The latest news about Converge ICT Solutions

Converge ICT Solutions reported robust Q1 2025 results, exceeding analyst expectations with 18.4% net income growth. Revenue for the quarter reached ₱10.8 billion, while net income climbed to ₱3.02 billion, reflecting strong demand for residential fiber services and rapid expansion in the SME and enterprise segments. These results outperformed forecasts and further consolidated the company’s leadership in high-speed broadband in the Philippines.

Park Weongi, ex-CEO of NAVER Cloud, was appointed as an independent director to drive technology strategy. This strategic board appointment supports Converge ICT Solutions’ ambition to strengthen its digital transformation, tap into new AI and cloud verticals, and reinforce the technological direction of its service offerings. The market responded positively, seeing this as enhancing the company’s competitive edge in the digital infrastructure space.

Converge ICT Solutions expanded its pure fiber network to over 103,000 km, reaching 495 cities and municipalities. By focusing on nationwide coverage, particularly in underserved and developing regions, the company continues to increase its addressable customer base and capture new growth markets, which bodes well for future revenue and market share.

Analyst consensus remains bullish, with BUY ratings and a ₱23.60 target price, supported by strong institutional interest. With eight analysts covering the stock and sustained foreign investor participation, the consensus estimate implies an upside of over 30% from current levels. This reflects robust confidence in the management team, business model, and the secular digitization trend in the Philippine economy.

The current dividend yield stands at 3.39%, backed by a consistent and growing payout history. Recent distributions include a ₱0.43 regular dividend (April 2025) and a ₱0.18 special dividend (October 2024), demonstrating both profitability and a commitment to shareholder returns, further distinguishing Converge ICT Solutions in the Philippine telecom sector.

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.