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U.S. IT Consulting Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies80
  • 7D1.4%
  • 3M2.1%
  • 1Y-6.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 2.0%, driven by a pullback from Kyndryl Holdings of 2.1%. Overall the industry is down 4.7% in 12 months. As for the next few years, earnings are expected to grow by 9.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026US$550.3bUS$211.1bUS$20.0b19.8x27.5x2.6x
Fri, 26 Dec 2025US$584.3bUS$241.6bUS$21.2b21.1x27.6x2.4x
Sun, 23 Nov 2025US$559.6bUS$240.4bUS$21.3b23.5x26.3x2.3x
Tue, 21 Oct 2025US$532.3bUS$239.0bUS$19.6b20.1x27.2x2.2x
Thu, 18 Sep 2025US$480.5bUS$207.1bUS$18.9b21.3x25.4x2.3x
Sat, 16 Aug 2025US$468.9bUS$207.1bUS$18.9b21.5x24.8x2.3x
Mon, 14 Jul 2025US$544.7bUS$205.2bUS$18.7b23.5x29.1x2.7x
Wed, 11 Jun 2025US$564.6bUS$204.0bUS$18.4b26.1x30.6x2.8x
Fri, 09 May 2025US$538.4bUS$204.0bUS$18.0b28.4x30x2.6x
Sun, 06 Apr 2025US$492.8bUS$203.4bUS$18.5b26.1x26.7x2.4x
Tue, 04 Mar 2025US$583.0bUS$202.7bUS$18.1b37.4x32.1x2.9x
Thu, 30 Jan 2025US$586.2bUS$202.4bUS$18.2b36.1x32.2x2.9x
Sat, 28 Dec 2024US$567.9bUS$202.6bUS$18.1b35.3x31.3x2.8x
Mon, 25 Nov 2024US$566.5bUS$201.1bUS$17.8b39.2x31.8x2.8x
Wed, 23 Oct 2024US$580.7bUS$202.2bUS$19.4b39.2x29.9x2.9x
Fri, 20 Sep 2024US$538.1bUS$202.7bUS$19.2b30.2x28x2.7x
Sun, 18 Aug 2024US$512.0bUS$202.6bUS$19.2b35.3x26.6x2.5x
Tue, 16 Jul 2024US$485.6bUS$203.0bUS$18.8b29.1x25.8x2.4x
Thu, 13 Jun 2024US$455.8bUS$203.3bUS$18.9b27.6x24.1x2.2x
Sat, 11 May 2024US$463.2bUS$203.4bUS$18.3b24.6x25.3x2.3x
Mon, 08 Apr 2024US$505.6bUS$199.2bUS$17.1b23.1x29.5x2.5x
Wed, 06 Mar 2024US$549.5bUS$199.2bUS$17.0b20.5x32.4x2.8x
Fri, 02 Feb 2024US$538.0bUS$200.5bUS$16.8b21.4x31.9x2.7x
Sun, 31 Dec 2023US$501.9bUS$199.9bUS$16.3b19.7x30.8x2.5x
Tue, 28 Nov 2023US$474.3bUS$199.4bUS$16.3b20x29.1x2.4x
Thu, 26 Oct 2023US$413.1bUS$198.8bUS$11.4b17.8x36.4x2.1x
Sat, 23 Sep 2023US$448.8bUS$198.3bUS$11.7b21.8x38.5x2.3x
Mon, 21 Aug 2023US$430.3bUS$198.3bUS$11.7b20x36.8x2.2x
Wed, 19 Jul 2023US$447.8bUS$200.6bUS$11.3b25.9x39.6x2.2x
Fri, 16 Jun 2023US$437.1bUS$200.2bUS$11.1b24.2x39.4x2.2x
Sun, 14 May 2023US$392.8bUS$201.7bUS$11.7b21.1x33.5x1.9x
Tue, 11 Apr 2023US$384.4bUS$193.9bUS$10.7b21.7x35.8x2x
Thu, 09 Mar 2023US$373.2bUS$192.9bUS$10.8b20.1x34.6x1.9x
Sat, 04 Feb 2023US$406.9bUS$192.5bUS$10.8b20.6x37.7x2.1x
Price to Earnings Ratio

37.7x


Total Market Cap: US$406.9bTotal Earnings: US$10.8bTotal Revenue: US$192.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 30.8x202420252026
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 27.3x which is lower than its 3-year average PE of 30.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
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.
  • Revenues for these companies have grown 3.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

US Market2.04%
Tech3.55%
IT2.80%
IT Consulting1.39%
Internet Services and Infrastructure4.45%
Data Processing Services-0.46%
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
IBM International Business MachinesUS$293.860.9%
+US$2.3b		30.2%PE34.7x
ACN AccentureUS$275.801.1%
+US$1.9b		-27.1%PE22.3x
CTSH Cognizant Technology SolutionsUS$84.653.0%
+US$1.2b		4.6%PE19.2x
IT GartnerUS$232.004.6%
+US$733.0m		-57.2%PE18.9x
EPAM EPAM SystemsUS$218.045.6%
+US$638.6m		-14.5%PE32.4x

Latest News

CINT
US$5.19
CI&T
7D
17.2%
1Y
-24.3%

Investors Continue Waiting On Sidelines For CI&T Inc. (NYSE:CINT)

Jan 28
Investors Continue Waiting On Sidelines For CI&T Inc. (NYSE:CINT)
HCKT
US$19.24
Hackett Group
7D
-2.5%
1Y
-38.1%
ACN
US$275.80
Accenture
7D
1.1%
1Y
-27.1%

ACN: GenAI Modernization Partnerships And Cannibalization Risks Will Steer Future Returns

Analysts have nudged their fair value estimate for Accenture higher to about $292, a move of roughly $3, as recent research highlights renewed interest in the stock, supported by fresh coverage and upward price target revisions tied to GenAI driven enterprise modernization potential. Analyst Commentary Bullish Takeaways Bullish analysts see Accenture as a relatively attractive way to gain exposure to GenAI driven enterprise modernization, with the current valuation framed as reasonable versus its own history.
TSSI
US$10.83
TSS
7D
-2.6%
1Y
-15.0%
KD
US$23.83
Kyndryl Holdings
7D
-2.1%
1Y
-38.0%

KD: Agentic AI And Expanded Buybacks Will Support Future Upside

Analysts left their fair value estimate for Kyndryl Holdings essentially unchanged at US$37.60. This reflects only small tweaks to assumptions such as the discount rate, long term revenue growth, profit margin, and future P/E that did not materially alter their overall view.
EPAM
US$218.04
EPAM Systems
7D
5.6%
1Y
-14.5%

EPAM: GenAI And M&A Progress Will Shape Fairly Valued Transition

Analysts have lifted their fair value estimate for EPAM Systems by about US$13 to roughly US$221, citing updated assumptions for revenue growth, discount rate, profit margin and future P/E that reflect gradual improvement in enterprise IT spending, a neutral stance from new coverage and interest in the company’s GenAI and M&A progress. Analyst Commentary Bullish Takeaways Bullish analysts see room for upside in EPAM Systems' valuation, with higher price targets that assume the shares can support a higher future P/E as conditions in IT services improve.
GDYN
US$8.34
Grid Dynamics Holdings
7D
-4.2%
1Y
-61.2%

GDYN: AWS AI Collaboration Will Support Future Upside

Analysts have reaffirmed their price target on Grid Dynamics Holdings at US$12.50, with minor tweaks to the discount rate and future P/E assumptions reflecting updated views on risk and earnings quality. What's in the News Entered a multi year collaboration agreement with Amazon Web Services focused on helping enterprise clients plan and scale generative AI projects, building on a 15 year relationship between the companies (Client announcement).
IT
US$232.00
Gartner
7D
4.6%
1Y
-57.2%

IT: Fair Outlook Balances Share Repurchases With Recent Impairment And Guidance

Analysts now set their fair value estimate for Gartner at $218, down from $225. This reflects updated assumptions for slightly higher discount rates, stronger revenue growth and profit margins, and a lower future P/E multiple.
BTTC
US$2.11
Black Titan
7D
-11.7%
1Y
n/a
UIS
US$2.79
Unisys
7D
-7.9%
1Y
-59.0%

UIS: Fair Outlook Will Weigh Bylaw Shift And 2025 Guidance Against Turnaround Hopes

Analysts have adjusted their price target on Unisys, citing updated assumptions for slightly higher revenue growth, a marginally stronger profit margin, and a modestly lower future P/E multiple. Together, these factors influence their view of the stock's valuation range in currency terms.
IBM
US$293.86
International Business Machines
7D
0.9%
1Y
30.2%

IBM: Quantum And Software Execution Will Drive Returns Through Workforce Shift

Analysts have nudged their fair value estimate for International Business Machines higher to about $302 from roughly $294, citing updated long term assumptions on revenue growth, profitability, and future P/E multiples that reflect recent price target moves and emerging views on quantum computing and software performance. Analyst Commentary Recent Street research on International Business Machines highlights a split view, with some analysts leaning into upside tied to quantum computing and recent acquisitions, while others focus on execution risks in core software and the timeline needed to support higher valuation multiples.
GLOB
US$69.15
Globant
7D
10.0%
1Y
-66.8%

GLOB: AI Transition And FIFA Expansion Will Drive Long Term Upside

Analysts have nudged their price targets on Globant higher by a few dollars, balancing expectations for gradually improving revenue growth and AI driven project momentum with more cautious views on margins and a higher assumed future P/E multiple. Analyst Commentary Recent research on Globant shows a mixed but increasingly constructive tone, with several bullish analysts highlighting AI related growth potential, improving demand signals and a valuation they view as attractive for a turnaround in fundamentals over time.
CTSH
US$84.65
Cognizant Technology Solutions
7D
3.0%
1Y
4.6%

CTSH: AI Partnerships And Bookings Momentum Will Support Measured Future Upside

Analysts have nudged their price target for Cognizant Technology Solutions higher, with fair value moving from about $85.22 to $88.00 as they factor in slightly stronger revenue growth expectations, a marginally higher future P/E multiple, and recent research pointing to healthier bookings, large deal momentum, and a potential new phase of growth and profitability supported by an AI focused strategy. Analyst Commentary Recent research on Cognizant Technology Solutions reflects a mix of optimism around execution and AI driven growth, alongside some caution on bookings trends and valuation.
BNAI
US$52.00
Brand Engagement Network
7D
745.5%
1Y
1,058.1%
HKIT
US$1.85
Hitek Global
7D
-8.4%
1Y
39.1%
CTM
US$0.98
Castellum
7D
-3.9%
1Y
27.3%