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U.S. IT Consulting Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies74
  • 7D-13.6%
  • 3M-14.2%
  • 1Y-35.2%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 5.0%, driven by pullbacks in Accenture and International Business Machines of 24% and 9.4%, respectively. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 7.9% per annum.

Industry Valuation and Performance

Has the U.S. IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026US$388.6bUS$210.6bUS$21.1b12.1x18.4x1.8x
Sun, 17 May 2026US$356.3bUS$210.7bUS$21.7b14.5x16.4x1.7x
Tue, 14 Apr 2026US$396.0bUS$215.1bUS$22.6b14.9x17.5x1.8x
Thu, 12 Mar 2026US$433.4bUS$213.7bUS$22.6b15.9x19.2x2x
Sat, 07 Feb 2026US$498.3bUS$213.4bUS$22.8b19.6x21.9x2.3x
Mon, 05 Jan 2026US$560.5bUS$241.4bUS$21.2b21.6x26.5x2.3x
Wed, 03 Dec 2025US$572.8bUS$240.5bUS$21.3b22.4x26.9x2.4x
Fri, 31 Oct 2025US$566.9bUS$240.0bUS$21.3b21.1x26.6x2.4x
Sun, 28 Sep 2025US$506.1bUS$208.2bUS$18.6b20.9x27.1x2.4x
Tue, 26 Aug 2025US$482.0bUS$207.0bUS$18.9b22.5x25.5x2.3x
Thu, 24 Jul 2025US$552.6bUS$205.3bUS$18.7b23x29.6x2.7x
Sat, 21 Jun 2025US$564.2bUS$204.0bUS$18.4b23.9x30.6x2.8x
Mon, 19 May 2025US$563.4bUS$204.0bUS$18.4b27.5x30.6x2.8x
Wed, 16 Apr 2025US$510.3bUS$203.4bUS$18.5b26.9x27.6x2.5x
Fri, 14 Mar 2025US$555.9bUS$202.6bUS$18.3b32x30.3x2.7x
Sun, 09 Feb 2025US$619.5bUS$202.6bUS$18.1b35.8x34.1x3.1x
Tue, 07 Jan 2025US$559.4bUS$202.4bUS$18.2b35.7x30.7x2.8x
Thu, 05 Dec 2024US$568.4bUS$201.1bUS$17.8b40.9x31.9x2.8x
Sat, 02 Nov 2024US$533.0bUS$202.4bUS$17.4b43.9x30.6x2.6x
Mon, 30 Sep 2024US$560.0bUS$203.1bUS$19.5b37.3x28.7x2.8x
Wed, 28 Aug 2024US$522.3bUS$202.6bUS$19.2b34.3x27.2x2.6x
Fri, 26 Jul 2024US$500.2bUS$203.2bUS$19.0b30.6x26.3x2.5x
Sun, 23 Jun 2024US$470.7bUS$203.2bUS$18.8b29.5x25x2.3x
Tue, 21 May 2024US$465.7bUS$203.3bUS$18.9b26.5x24.7x2.3x
Thu, 18 Apr 2024US$481.8bUS$199.2bUS$17.1b21.8x28.1x2.4x
Sat, 16 Mar 2024US$543.8bUS$199.1bUS$17.0b21.3x32x2.7x
Mon, 12 Feb 2024US$535.9bUS$199.2bUS$17.1b22.7x31.3x2.7x
Wed, 10 Jan 2024US$490.6bUS$199.8bUS$16.4b19.2x29.9x2.5x
Fri, 08 Dec 2023US$481.7bUS$199.4bUS$16.3b20.2x29.5x2.4x
Sun, 05 Nov 2023US$445.1bUS$199.4bUS$16.2b19.4x27.5x2.2x
Tue, 03 Oct 2023US$434.7bUS$198.8bUS$11.4b20.7x38.3x2.2x
Thu, 31 Aug 2023US$454.4bUS$198.3bUS$11.7b20.5x38.9x2.3x
Sat, 29 Jul 2023US$445.2bUS$200.5bUS$11.4b21.5x39x2.2x
Mon, 26 Jun 2023US$415.7bUS$200.6bUS$11.3b21.9x36.7x2.1x
Price to Earnings Ratio

36.7x


Total Market Cap: US$415.7bTotal Earnings: US$11.3bTotal Revenue: US$200.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 28.6x202420252026
Current Industry PE
  • Investors are pessimistic on the American IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.1x which is lower than its 3-year average PE of 28.6x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 23% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. IT Consulting compare with similar industries?

US Market1.65%
Tech3.30%
IT-5.71%
IT Consulting-13.57%
Internet Services and Infrastructure1.20%
Data Processing Services-5.90%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AIAI AIAI HoldingsUS$15.344.4%
+US$45.0m		n/aPE-276.6x
TSSI TSSUS$13.5610.6%
+US$36.5m		-42.9%PE26.4x
WYY WidePointUS$13.5610.5%
+US$12.5m		344.6%PS0.8x
CTM CastellumUS$0.8318.3%
+US$12.1m		-23.4%PS1.4x
ATGL Alpha Technology GroupUS$12.301.9%
+US$3.8m		-50.8%PS214.5x

Latest News

ACN
US$127.98
Accenture
7D
-23.6%
1Y
-58.2%
CTSH
US$43.70
Cognizant Technology Solutions
7D
-14.6%
1Y
-44.8%
Seeking Alpha • 1h

Cognizant: Getting More And More Interesting

Summary Cognizant is severely undervalued after a broad IT services sell-off, trading below 8x P/E and yielding over 3%. CTSH fundamentals remain solid with revenue growth, strong bookings, and tangible GenAI profit progress, despite margin and FCF pressures from project costs and compensation. Risks include overconcentration in North America and potential AI-driven business cannibalization, but the downside is limited unless multiple adverse scenarios materialize. I reiterate a 'Buy' rating on CTSH with an $80/share price target, reflecting a 40% annualized upside to a 14x P/E on 2026E earnings. Read the full article on Seeking Alpha
FUSE
US$1.15
Fusemachines
7D
1.8%
1Y
-90.3%
EPAM
US$76.64
EPAM Systems
7D
-17.4%
1Y
-53.6%
GGRP
US$0.83
Glimpse Group
7D
2.5%
1Y
-39.8%
GLOB
US$30.74
Globant
7D
-15.6%
1Y
-65.1%
CTM
US$0.83
Castellum
7D
18.3%
1Y
-23.4%
IBM
US$249.10
International Business Machines
7D
-9.4%
1Y
-12.0%
Narrative Update • Jun 16

IBM: Quantum Investments And Federal Support Will Reshape AI Infrastructure Story

Analysts raised their fair value estimate for International Business Machines to $390 from $335, citing higher long-term assumptions for revenue growth, profit margins, and future P/E, in light of recent bullish price target revisions across the Street that focus on IBM's AI, hybrid cloud, and quantum initiatives. Analyst Commentary Recent commentary on International Business Machines centers on how AI infrastructure, hybrid cloud, and quantum efforts feed into valuation, execution, and potential growth.
IT
US$127.49
Gartner
7D
-14.3%
1Y
-68.1%
BBAI
US$3.92
BigBear.ai Holdings
7D
-5.3%
1Y
-1.0%
Narrative Update • Jun 15

BBAI: Cargo Security Breakthrough And Contract Backlog Will Drive Future Repricing

Analysts have kept their price target for BigBear.ai Holdings steady at $5.00, citing only minor model tweaks around discount rate, revenue growth, profit margin, and future P/E assumptions that did not materially change their overall view of the stock. What's in the News Securities fraud class action lawsuit alleges BigBear.ai made accounting errors related to its 2026 Convertible Notes, with investors seeking lead plaintiff status by June 10, 2025, and the company indicating it would not file its 2024 Annual Report on time.
TSSI
US$13.56
TSS
7D
10.6%
1Y
-42.9%
WYY
US$13.56
WidePoint
7D
10.5%
1Y
344.6%
Narrative Update • Jun 08

WYY: New Bottler Outsourcing Win Will Likely Mask Future Equity Dilution

Analysts have raised their price target on WidePoint to $9.50 from $9.33, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E as the key factors behind this revision. What's in the News WidePoint has been selected by a leading national bottler to outsource Procurement and Vendor Management, becoming the bottler's exclusive provider for these services.
DOX
US$51.47
Amdocs
7D
-8.2%
1Y
-44.3%
Narrative Update • Jun 05

DOX: Future Share Repurchases And EPS Recovery Will Support Multiple Rerating

Analysts have trimmed their price target for Amdocs to about $81 from about $90, citing lower sector P/E multiples, even as projections for profit margin and discount rate assumptions have been adjusted. Analyst Commentary Bullish and bearish analysts are looking at the same set of inputs for Amdocs and reaching very different conclusions, which is why you see both Buy ratings and a Sell rating alongside lower price targets clustered in the low to high US$70s.
AIAI
US$15.34
AIAI Holdings
7D
4.4%
1Y
n/a
ATGL
US$12.30
Alpha Technology Group
7D
1.9%
1Y
-50.8%
HUBC
US$1.99
HUB Cyber Security
7D
53.1%
1Y
-99.9%