Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. IT Consulting Industry Analysis

UpdatedAug 22, 2026
DataAggregated Company Financials
Companies75
  • 7D1.8%
  • 3M-2.3%
  • 1Y-15.9%
  • YTDn/a

The IT Consulting industry is up 1.8% in the last week, with Accenture up 4.7%. Meanwhile, Quantinuum actually underperformed within the industry, shrinking 11% in the last week. In contrast, the industry has lost 16% in the last 12 months. As for the next few years, earnings are expected to grow by 8.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Aug 2026US$398.3bUS$212.3bUS$21.2b15.1x18.8x1.9x
Mon, 20 Jul 2026US$345.7bUS$211.7bUS$21.0b12.7x16.5x1.6x
Wed, 17 Jun 2026US$401.8bUS$210.6bUS$21.1b13.3x19x1.9x
Fri, 15 May 2026US$345.4bUS$210.7bUS$21.6b13.7x16x1.6x
Sun, 12 Apr 2026US$394.8bUS$215.1bUS$22.6b14.4x17.4x1.8x
Tue, 10 Mar 2026US$453.1bUS$213.7bUS$22.6b16.5x20.1x2.1x
Thu, 05 Feb 2026US$507.9bUS$213.4bUS$22.8b19.5x22.3x2.4x
Sat, 03 Jan 2026US$576.0bUS$241.4bUS$21.2b21.6x27.2x2.4x
Mon, 01 Dec 2025US$571.1bUS$240.4bUS$21.3b23.9x26.9x2.4x
Wed, 29 Oct 2025US$569.7bUS$240.0bUS$21.6b21.5x26.4x2.4x
Fri, 26 Sep 2025US$492.4bUS$208.2bUS$18.6b21x26.4x2.4x
Sun, 24 Aug 2025US$484.2bUS$207.0bUS$18.9b22.6x25.6x2.3x
Tue, 22 Jul 2025US$552.5bUS$205.3bUS$18.7b22.8x29.6x2.7x
Thu, 19 Jun 2025US$569.0bUS$204.0bUS$18.4b24.7x30.9x2.8x
Sat, 17 May 2025US$568.0bUS$204.0bUS$18.4b27.5x30.8x2.8x
Mon, 14 Apr 2025US$502.1bUS$203.4bUS$18.5b26.6x27.2x2.5x
Wed, 12 Mar 2025US$573.0bUS$202.5bUS$18.3b37.1x31.3x2.8x
Fri, 07 Feb 2025US$637.4bUS$202.6bUS$18.2b36.2x35.1x3.1x
Sun, 05 Jan 2025US$559.4bUS$202.4bUS$18.2b35.2x30.7x2.8x
Tue, 03 Dec 2024US$573.9bUS$201.1bUS$17.8b40.7x32.2x2.9x
Thu, 31 Oct 2024US$550.5bUS$202.3bUS$17.4b39.3x31.7x2.7x
Sat, 28 Sep 2024US$567.2bUS$203.1bUS$19.5b37.3x29.1x2.8x
Mon, 26 Aug 2024US$519.1bUS$202.6bUS$19.2b34.1x27x2.6x
Wed, 24 Jul 2024US$505.3bUS$203.0bUS$18.8b30.7x26.9x2.5x
Fri, 21 Jun 2024US$450.7bUS$203.3bUS$18.9b28.7x23.9x2.2x
Sun, 19 May 2024US$465.8bUS$203.3bUS$18.9b26.2x24.7x2.3x
Tue, 16 Apr 2024US$485.6bUS$199.2bUS$17.1b21.6x28.4x2.4x
Thu, 14 Mar 2024US$551.0bUS$199.2bUS$17.0b22.2x32.4x2.8x
Sat, 10 Feb 2024US$535.9bUS$199.2bUS$17.1b22.7x31.3x2.7x
Mon, 08 Jan 2024US$483.3bUS$199.9bUS$16.4b19.3x29.6x2.4x
Wed, 06 Dec 2023US$483.4bUS$199.4bUS$16.3b20.3x29.6x2.4x
Fri, 03 Nov 2023US$426.5bUS$199.3bUS$16.2b18.9x26.3x2.1x
Sun, 01 Oct 2023US$434.7bUS$198.8bUS$11.4b21.4x38.3x2.2x
Tue, 29 Aug 2023US$447.1bUS$198.3bUS$11.7b18.4x38.3x2.3x
Price to Earnings Ratio

38.3x


Total Market Cap: US$447.1bTotal Earnings: US$11.7bTotal Revenue: US$198.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 27.4x202420252026
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 18.8x which is lower than its 3-year average PE of 27.4x.
  • 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 22% per year over the last three years.
  • Revenues for these companies have grown 2.3% 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 Market-1.53%
Tech-3.51%
IT-2.87%
IT Consulting1.75%
Data Processing Services5.01%
Internet Services and Infrastructure-5.69%
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
ACN AccentureUS$185.284.7%
+US$5.1b		-28.5%PE14.6x
CTSH Cognizant Technology SolutionsUS$61.875.2%
+US$1.4b		-14.5%PE12.6x
IBM International Business MachinesUS$235.680.6%
+US$1.3b		-2.6%PE20.7x
IT GartnerUS$195.908.2%
+US$935.2m		-21.6%PE16x
EPAM EPAM SystemsUS$110.349.8%
+US$507.6m		-36.9%PE14.2x

Latest News

GLOB
US$39.62
Globant
7D
6.0%
1Y
-43.3%
IBM
US$235.68
International Business Machines
7D
0.6%
1Y
-2.6%
ACN
US$185.28
Accenture
7D
4.7%
1Y
-28.5%
Seeking Alpha • Aug 21

Accenture: Bears Are On Wrong Side Of High-ARR AI SaaS-Ification Trend

Summary Accenture plc is undergoing a strategic shift toward high-margin SaaS and OT cybersecurity, decoupling revenue from headcount and targeting a $240B mid-market TAM. I upgrade ACN to Strong Buy, citing a compressed ~13.1x forward P/E versus a potential re-rating to ~23.15x as SaaS revenue grows and platform integration accelerates. ACN is deploying $9B in M&A, acquiring OT cybersecurity assets at ~20x EV/ARR, which, if integrated smoothly, could drive 50%+ ARR growth and margin expansion. Key risks include AI hardware CapEx crowding-out, M&A integration challenges, and short-term consulting revenue pressure; monitoring Edge adoption, book-to-bill, and margin guidance is critical. Read the full article on Seeking Alpha
DOX
US$61.40
Amdocs
7D
5.5%
1Y
-30.4%
KD
US$12.55
Kyndryl Holdings
7D
-4.7%
1Y
-59.8%
Narrative Update • Aug 21

KD: Agentic AI Services Will Reframe Future Risk Profile

Analysts have adjusted their price target on Kyndryl Holdings from $15.00 to $16.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What’s in the News for Kyndryl Holdings Kyndryl reported Q1 fiscal 2027 results with revenue of US$3.6b and a pretax loss of US$69 million, driven in part by US$152 million in workforce rebalancing charges.
TSSI
US$8.75
TSS
7D
-9.6%
1Y
-43.2%
BBAI
US$3.22
BigBear.ai Holdings
7D
-1.5%
1Y
-41.5%
Seeking Alpha • Aug 20

BigBear.ai: Trading At A Premium While Fundamentals Deteriorate

Summary BigBear.ai remains a 'Sell' as revenue growth is lackluster and operating margins have worsened, despite a recent stock correction. BBAI’s pivot to defense via ConductorOS has failed to deliver large contracts, with most wins being small pilot projects under $5 million. Recent customer wins in Ask Sage and CargoSeer lack disclosed contract values, reinforcing concerns about limited growth and scalability. At an 11.45x TTM PS multiple, BBAI is overvalued relative to highly profitable, faster-growing peers, with no compelling re-rating catalysts in sight. Read the full article on Seeking Alpha
IT
US$195.90
Gartner
7D
8.2%
1Y
-21.6%
Narrative Update • Aug 19

IT: Higher Margins And Buybacks Should Support Undervalued Shares Over Time

Analysts have raised their price target on Gartner from $203 to $229 as they factor in updated assumptions that combine slightly lower projected revenue growth with a higher forecast profit margin and a modestly higher future P/E multiple. What’s in the News for Gartner Gartner reported strong Q2 2026 results, with Contract Value, revenue, Adjusted EBITDA excluding divested operations, Adjusted EPS, and free cash flow all ahead of expectations.
ATGL
US$6.72
Alpha Technology Group
7D
-6.0%
1Y
-73.9%
CTSH
US$61.87
Cognizant Technology Solutions
7D
5.2%
1Y
-14.5%
Narrative Update • Aug 18

CTSH: AI Builder Wins And Large Deals Will Drive Future Repricing

Cognizant Technology Solutions' analyst fair value estimate has been updated from $108.00 to about $83.70, reflecting analysts' revised expectations for revenue growth, margins, and future P/E following a mix of reduced and raised price targets across the Street. Analyst Commentary Recent research on Cognizant Technology Solutions highlights a wide range of views, with several bullish analysts pointing to improving execution, solid bookings, and sector relative value as key supports for the stock's valuation.
BNAI
US$14.42
Brand Engagement Network
7D
-9.3%
1Y
355.5%
QNT
US$56.60
Quantinuum
7D
-11.0%
1Y
n/a
EFOR
US$32.70
Everforth
7D
3.3%
1Y
-39.6%
UIS
US$2.74
Unisys
7D
-4.2%
1Y
-34.6%
Narrative Update • Aug 11

UIS: AI Infrastructure Demand And High-Margin Segments Will Drive Rebound

Analysts have lifted their price target on Unisys to $6 from $4, citing a clearer view of the multi segment business and potential benefits from enterprise demand tied to AI infrastructure, as well as encouraging trends in the high margin ClearPath and CA&I segments. What’s in the News for Unisys Unisys issued earnings guidance for the third quarter of 2026 with an expectation of approximately US$450 million in total revenue on a reported basis at foreign exchange rates as of June 30, 2026.
III
US$4.93
Information Services Group
7D
-4.5%
1Y
-2.0%
EPAM
US$110.34
EPAM Systems
7D
9.8%
1Y
-36.9%
Analysis Article • Aug 09

EPAM Systems, Inc. Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next

EPAM Systems, Inc. ( NYSE:EPAM ) shareholders are probably feeling a little disappointed, since its shares fell 7.7% to...