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U.S. IT Consulting Industry Analysis

UpdatedJul 09, 2026
DataAggregated Company Financials
Companies76
  • 7D4.7%
  • 3M4.0%
  • 1Y-24.6%
  • YTDn/a

In the last week, the IT Consulting industry is up 4.7%, with International Business Machines up 5.5%. Meanwhile, BigBear.ai Holdings actually underperformed within the industry, shrinking 9.1% in the last week. In contrast, the industry has lost 25% in the last 12 months. Earnings are forecast to grow by 7.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Jul 2026US$419.1bUS$211.7bUS$21.3b11.8x19.7x2x
Sun, 07 Jun 2026US$426.6bUS$210.6bUS$21.1b14.3x20.2x2x
Tue, 05 May 2026US$389.8bUS$216.8bUS$22.8b14.1x17.1x1.8x
Thu, 02 Apr 2026US$422.0bUS$215.1bUS$22.6b15.4x18.6x2x
Sat, 28 Feb 2026US$430.1bUS$213.7bUS$22.5b17.3x19.2x2x
Mon, 26 Jan 2026US$545.5bUS$211.0bUS$20.0b22.7x27.3x2.6x
Wed, 24 Dec 2025US$583.1bUS$241.3bUS$21.2b21.1x27.5x2.4x
Fri, 21 Nov 2025US$541.0bUS$240.1bUS$21.2b22.9x25.5x2.3x
Sun, 19 Oct 2025US$531.8bUS$239.0bUS$19.6b20.1x27.2x2.2x
Tue, 16 Sep 2025US$477.0bUS$207.0bUS$18.9b20x25.2x2.3x
Thu, 14 Aug 2025US$459.4bUS$207.0bUS$18.9b22x24.2x2.2x
Sat, 12 Jul 2025US$568.0bUS$205.3bUS$18.7b24.3x30.4x2.8x
Mon, 09 Jun 2025US$562.3bUS$204.0bUS$18.4b25.9x30.5x2.8x
Wed, 07 May 2025US$534.8bUS$204.0bUS$17.9b27.2x29.9x2.6x
Fri, 04 Apr 2025US$545.4bUS$203.4bUS$18.5b26.8x29.5x2.7x
Sun, 02 Mar 2025US$582.9bUS$202.7bUS$18.1b38.9x32.1x2.9x
Tue, 28 Jan 2025US$574.3bUS$202.4bUS$18.2b35.7x31.5x2.8x
Thu, 26 Dec 2024US$567.6bUS$202.6bUS$18.1b35.5x31.3x2.8x
Sat, 23 Nov 2024US$566.1bUS$201.1bUS$17.8b39.2x31.7x2.8x
Mon, 21 Oct 2024US$582.7bUS$202.2bUS$19.4b39.4x30x2.9x
Wed, 18 Sep 2024US$553.9bUS$202.6bUS$19.2b31x28.8x2.7x
Fri, 16 Aug 2024US$503.8bUS$202.5bUS$19.2b35.3x26.2x2.5x
Sun, 14 Jul 2024US$485.6bUS$203.0bUS$18.8b29.4x25.8x2.4x
Tue, 11 Jun 2024US$454.7bUS$203.3bUS$18.9b27.8x24.1x2.2x
Thu, 09 May 2024US$472.2bUS$203.5bUS$18.3b26.2x25.7x2.3x
Sat, 06 Apr 2024US$502.8bUS$199.2bUS$17.1b23.1x29.3x2.5x
Mon, 04 Mar 2024US$543.3bUS$199.2bUS$17.0b21.8x32x2.7x
Wed, 31 Jan 2024US$540.3bUS$200.5bUS$16.8b21.5x32.1x2.7x
Fri, 29 Dec 2023US$503.7bUS$199.9bUS$16.3b19.8x30.9x2.5x
Sun, 26 Nov 2023US$474.3bUS$199.4bUS$16.3b20x29.1x2.4x
Tue, 24 Oct 2023US$416.5bUS$198.8bUS$11.4b18.1x36.7x2.1x
Thu, 21 Sep 2023US$452.6bUS$198.3bUS$11.7b22x38.8x2.3x
Sat, 19 Aug 2023US$430.5bUS$198.3bUS$11.7b20.4x36.9x2.2x
Mon, 17 Jul 2023US$439.8bUS$200.6bUS$11.3b25x38.9x2.2x
Price to Earnings Ratio

38.9x


Total Market Cap: US$439.8bTotal 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 28.2x202420252026
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 19.7x which is lower than its 3-year average PE of 28.3x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.0x.
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 Market-0.43%
Tech-0.93%
IT3.26%
IT Consulting4.73%
Data Processing Services2.92%
Internet Services and Infrastructure2.17%
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$295.302.0%
+US$5.4b		2.7%PE25.9x
ACN AccentureUS$139.061.2%
+US$1.0b		-51.8%PE10.9x
CTSH Cognizant Technology SolutionsUS$43.403.4%
+US$668.2m		-43.4%PE9.2x
EFOR EverforthUS$18.565.1%
+US$36.9m		-63.3%PE7.8x
DOX AmdocsUS$51.990.5%
+US$25.5m		-41.7%PE10.1x

Latest News

IBM
US$295.30
International Business Machines
7D
2.0%
1Y
2.7%
BBAI
US$3.32
BigBear.ai Holdings
7D
-5.9%
1Y
-53.4%
DXC
US$9.26
DXC Technology
7D
-6.6%
1Y
-38.7%
UIS
US$4.08
Unisys
7D
8.8%
1Y
-4.4%
ACN
US$139.06
Accenture
7D
1.2%
1Y
-51.8%
New Narrative • Jul 08

A value stock that's undervalued.

*The Accenture Story: "The Utility Player of the Digital World"* I think of Accenture like the contractor that every Fortune 500 company calls when they need to renovate their entire house, but for business. Reason 1: The Foundation - Built to Last* Accenture isn’t a startup with a cool app.
GLOB
US$31.29
Globant
7D
-3.8%
1Y
-64.2%
Narrative Update • Jul 08

GLOB: AI Execution Will Drive Confidence Despite Cautious 2026 Demand Outlook

Analysts have reduced their fair value estimate for Globant to $38 from $50, reflecting a wave of lower price targets and fresh Market Perform ratings that highlight softer discretionary spending, macro uncertainty, and execution risk around the company's pivot to an AI first model, despite ongoing interest in its AI Pods initiatives. Analyst Commentary Recent research on Globant points to a more cautious tone, with several bearish analysts cutting price targets and shifting ratings toward the middle of the range.
QNT
US$73.51
Quantinuum
7D
-1.4%
1Y
n/a
Seeking Alpha • Jul 08

Quantinuum: Buying A Rare Quantum Platform Before The Revenue Inflection

Summary I rate Quantinuum (QNT) a buy, citing credible technical progress, strong balance sheet, and a full-stack quantum computing approach. QNT’s hardware achieves a 2:1 physical-to-logical qubit ratio and high fidelity, supporting a clearer path to commercial quantum adoption. The company’s $2.3 billion cash runway provides about five years to fund R&D and roadmap milestones, easing near-term liquidity concerns. Upside depends on timely delivery of Sol (2027) and Apollo (2029) systems, with risks tied to execution and concentrated early revenues. Read the full article on Seeking Alpha
WYY
US$13.11
WidePoint
7D
-17.7%
1Y
309.7%
Narrative Update • Jul 08

WYY: Telecom SaaS Rollout And Federal Contracts Will Likely Drive Upside

Analysts have updated their price target outlook on WidePoint, raising their fair value estimate from $9.50 to $19.50 as they incorporate revised assumptions for revenue growth, profit margins and future P/E expectations. What’s in the News for WidePoint WidePoint reports that deployment of its FedRAMP Authorized ITMS Command Center Platform for a leading U.S. telecommunications carrier remains on schedule, with the carrier adding approximately US$1.0 million in integration services and indicating plans for another purchase order of similar size.
IT
US$132.69
Gartner
7D
-2.7%
1Y
-65.8%
Narrative Update • Jul 07

IT: Agentic AI Disruption And Contract Value Pressures Will Temper Buyback Support

Analysts have trimmed their price target on Gartner to about $126 from $140, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Gartner Gartner forecasts that agentic AI could disrupt up to US$234b in enterprise application software spending by 2030, with potential pressure on traditional seat based SaaS pricing models, according to recent Gartner research.
KD
US$12.07
Kyndryl Holdings
7D
-1.5%
1Y
-71.0%
CTSH
US$43.40
Cognizant Technology Solutions
7D
3.4%
1Y
-43.4%
Narrative Update • Jul 07

CTSH: AI Transition And Softer Large Deals Will Define Near-Term Path

Analysts have reduced the fair value estimate for Cognizant Technology Solutions to $42 from $65, as a wave of lowered price targets in the $44 to $59 range and concerns about softer large-deal demand balance improving margin assumptions against more muted growth expectations and lower future P/E multiples. Analyst Commentary Recent research on Cognizant Technology Solutions shows a clear tilt toward more cautious positioning, with several bearish analysts trimming price targets and questioning how much upside is left relative to execution and growth risks.
EPAM
US$87.29
EPAM Systems
7D
-1.1%
1Y
-50.9%
DOX
US$51.99
Amdocs
7D
0.5%
1Y
-41.7%
CSPI
US$8.76
CSP
7D
6.4%
1Y
-26.7%
TSSI
US$11.43
TSS
7D
2.0%
1Y
-50.1%
EFOR
US$18.56
Everforth
7D
5.1%
1Y
-63.3%
Narrative Update • Jun 27

EFOR: Tougher IT Services Demand Will Likely Pressure Shares Further

Analysts have reduced their consolidated fair value estimate for Everforth from $28.00 to $17.00. The updated research cites a tougher IT services demand backdrop and lower P/E expectations, even as some analysts view the company’s own outlook as overly cautious.