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

U.S. IT Consulting Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies75
  • 7D0.04%
  • 3M-2.1%
  • 1Y-14.8%
  • YTDn/a

In the last week, the IT Consulting industry is flat overall, with Quantinuum standing out by going down 22%. As for the longer term, the industry has declined 15% in the last year. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026US$391.1bUS$212.3bUS$21.2b15x18.5x1.8x
Sat, 18 Jul 2026US$352.2bUS$211.7bUS$21.0b12.7x16.8x1.7x
Mon, 15 Jun 2026US$409.0bUS$210.6bUS$21.1b13.7x19.4x1.9x
Wed, 13 May 2026US$363.2bUS$210.3bUS$21.7b15x16.8x1.7x
Fri, 10 Apr 2026US$417.3bUS$215.1bUS$22.6b14.8x18.4x1.9x
Sun, 08 Mar 2026US$453.2bUS$213.7bUS$22.6b16.9x20.1x2.1x
Tue, 03 Feb 2026US$543.7bUS$213.2bUS$22.7b21.6x24x2.6x
Thu, 01 Jan 2026US$580.8bUS$241.4bUS$21.2b22.3x27.4x2.4x
Sat, 29 Nov 2025US$571.1bUS$240.4bUS$21.3b23.9x26.9x2.4x
Mon, 27 Oct 2025US$564.3bUS$239.9bUS$21.6b21.1x26.1x2.4x
Wed, 24 Sep 2025US$496.0bUS$207.0bUS$18.9b21.5x26.2x2.4x
Fri, 22 Aug 2025US$479.5bUS$207.0bUS$18.9b21.7x25.4x2.3x
Sun, 20 Jul 2025US$552.5bUS$205.2bUS$18.7b22.8x29.6x2.7x
Tue, 17 Jun 2025US$562.8bUS$204.0bUS$18.4b25.6x30.5x2.8x
Thu, 15 May 2025US$560.6bUS$204.0bUS$18.0b28.4x31.2x2.7x
Sat, 12 Apr 2025US$495.8bUS$203.4bUS$18.5b26.6x26.8x2.4x
Mon, 10 Mar 2025US$583.7bUS$202.5bUS$18.3b38.8x31.9x2.9x
Wed, 05 Feb 2025US$624.5bUS$202.4bUS$18.1b40.7x34.5x3.1x
Fri, 03 Jan 2025US$555.0bUS$202.4bUS$18.2b35x30.5x2.7x
Sun, 01 Dec 2024US$573.9bUS$201.1bUS$17.8b40.7x32.2x2.9x
Tue, 29 Oct 2024US$551.7bUS$202.3bUS$17.4b38.9x31.7x2.7x
Thu, 26 Sep 2024US$547.0bUS$202.7bUS$19.2b37.9x28.5x2.7x
Sat, 24 Aug 2024US$516.6bUS$202.6bUS$19.2b34.1x26.9x2.5x
Mon, 22 Jul 2024US$501.2bUS$203.0bUS$18.8b30.5x26.7x2.5x
Wed, 19 Jun 2024US$449.8bUS$203.3bUS$18.9b26.8x23.8x2.2x
Fri, 17 May 2024US$469.0bUS$203.4bUS$18.3b25.4x25.6x2.3x
Sun, 14 Apr 2024US$498.0bUS$199.2bUS$17.1b23.2x29.1x2.5x
Tue, 12 Mar 2024US$539.6bUS$199.2bUS$17.0b22.1x31.8x2.7x
Thu, 08 Feb 2024US$529.1bUS$199.1bUS$17.1b19.7x31x2.7x
Sat, 06 Jan 2024US$485.5bUS$199.9bUS$16.4b19.3x29.7x2.4x
Mon, 04 Dec 2023US$483.9bUS$199.4bUS$16.3b20.4x29.7x2.4x
Wed, 01 Nov 2023US$423.9bUS$199.4bUS$16.3b18.6x26x2.1x
Fri, 29 Sep 2023US$432.3bUS$198.8bUS$11.4b21.5x38x2.2x
Sun, 27 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 27.5x202420252026
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 18.5x which is lower than its 3-year average PE of 27.5x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
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-0.79%
Tech-2.73%
IT-3.29%
IT Consulting0.037%
Data Processing Services4.42%
Internet Services and Infrastructure-5.27%
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$183.171.7%
+US$1.9b		-28.2%PE14.4x
CTSH Cognizant Technology SolutionsUS$60.934.7%
+US$1.2b		-13.6%PE12.4x
IBM International Business MachinesUS$237.160.5%
+US$1.1b		-2.2%PE20.9x
IT GartnerUS$192.827.4%
+US$843.7m		-21.0%PE15.7x
EPAM EPAM SystemsUS$107.377.1%
+US$365.2m		-35.5%PE13.8x

Latest News

IBM
US$237.16
International Business Machines
7D
0.5%
1Y
-2.2%
GLOB
US$39.52
Globant
7D
2.0%
1Y
-41.5%
IT
US$192.82
Gartner
7D
7.4%
1Y
-21.0%
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.
DOX
US$60.21
Amdocs
7D
5.1%
1Y
-30.7%
Narrative Update • Aug 18

DOX: Early AI Contracts And Buybacks Will Support Future Multiple Rerating

Amdocs' updated analyst fair value estimate has shifted from $81.21 to about $75.94 as analysts factor in a higher discount rate, slightly softer revenue growth assumptions, and a lower future P/E multiple, despite a higher projected profit margin and ongoing confidence in the company's telecom leadership and early stage AI opportunity. What’s in the News for Amdocs Liberty Latin America entered a 10 year engagement with Amdocs to manage its end to end IT ecosystem across Latin America and the Caribbean, using the Amdocs Agentic Operating System to support AI driven operations, cost savings, and continuity of service during the transition.
ATGL
US$7.16
Alpha Technology Group
7D
-9.4%
1Y
-78.1%
BBAI
US$3.17
BigBear.ai Holdings
7D
-2.8%
1Y
-43.5%
CTSH
US$60.93
Cognizant Technology Solutions
7D
4.7%
1Y
-13.6%
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.
WYY
US$9.34
WidePoint
7D
-18.7%
1Y
136.5%
ACN
US$183.17
Accenture
7D
1.7%
1Y
-28.2%
Seeking Alpha • Aug 15

Accenture: AI Beneficiary At A Discount

Summary Accenture is trading at a rare value, with a 12.8x forward P/E and a 3.7% yield, well below its historical valuation. ACN demonstrated resilient Q3 performance with 9% EPS growth and an A+ profitability grade, despite market volatility and AI disruption fears. AI adoption is a key long-term driver, with ACN embedding AI in client solutions and securing more $100M+ bookings, supporting sticky client relationships. I rate ACN a 'Buy' due to its financial strength, entrenched client base, and discounted valuation, positioning for double-digit total returns as AI deployments scale. Read the full article on Seeking Alpha
QNT
US$56.00
Quantinuum
7D
-21.9%
1Y
n/a
TSSI
US$9.14
TSS
7D
-24.5%
1Y
-41.0%
New Narrative • Aug 15

AI Infrastructure Dependence And Underutilization Risks Will Test This Cash-Rich Undervalued Player

Catalysts About TSS TSS provides procurement, systems integration and facilities management services for data center and AI or high performance computing infrastructure. What are the underlying business or industry changes driving this perspective?
DXC
US$10.85
DXC Technology
7D
1.6%
1Y
-20.8%
KD
US$12.38
Kyndryl Holdings
7D
-5.4%
1Y
-59.2%
EFOR
US$31.95
Everforth
7D
-2.4%
1Y
-38.0%
EPAM
US$107.37
EPAM Systems
7D
7.1%
1Y
-35.5%
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...
TDTH
US$1.96
Trident Digital Tech Holdings
7D
-10.5%
1Y
n/a