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U.S. IT Consulting Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies74
  • 7D4.7%
  • 3M-19.7%
  • 1Y-12.6%
  • YTDn/a

In the last week, the IT Consulting industry is up 4.7%, with International Business Machines up 5.0%. In the same time, Alpha Technology Group was down 5.2%. However, the industry is down 13% over the past year. 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
Mon, 06 Apr 2026US$430.2bUS$215.1bUS$22.7b15.9x19x2x
Wed, 04 Mar 2026US$426.1bUS$213.7bUS$22.6b17.5x18.9x2x
Fri, 30 Jan 2026US$539.6bUS$213.2bUS$22.6b21.1x23.8x2.5x
Sun, 28 Dec 2025US$585.6bUS$241.4bUS$21.2b21.2x27.6x2.4x
Tue, 25 Nov 2025US$559.6bUS$240.4bUS$21.3b23.5x26.3x2.3x
Thu, 23 Oct 2025US$543.5bUS$238.7bUS$19.6b20.9x27.8x2.3x
Sat, 20 Sep 2025US$489.9bUS$207.0bUS$18.9b21.8x25.9x2.4x
Mon, 18 Aug 2025US$470.9bUS$207.1bUS$18.9b21.5x24.9x2.3x
Wed, 16 Jul 2025US$544.1bUS$205.2bUS$18.7b22.7x29.1x2.7x
Fri, 13 Jun 2025US$574.3bUS$204.0bUS$18.4b25.9x31.2x2.8x
Sun, 11 May 2025US$538.8bUS$204.0bUS$18.0b28.5x30x2.6x
Tue, 08 Apr 2025US$492.1bUS$203.4bUS$18.5b26.1x26.6x2.4x
Thu, 06 Mar 2025US$579.7bUS$202.7bUS$18.1b38.7x31.9x2.9x
Sat, 01 Feb 2025US$618.8bUS$202.6bUS$17.9b39.3x34.7x3.1x
Mon, 30 Dec 2024US$562.2bUS$202.6bUS$18.1b35.3x31x2.8x
Wed, 27 Nov 2024US$572.5bUS$201.1bUS$17.8b40.5x32.1x2.8x
Fri, 25 Oct 2024US$575.9bUS$202.3bUS$17.4b39.2x33.1x2.8x
Sun, 22 Sep 2024US$541.4bUS$202.7bUS$19.2b37.8x28.2x2.7x
Tue, 20 Aug 2024US$512.0bUS$202.6bUS$19.2b35.3x26.6x2.5x
Thu, 18 Jul 2024US$501.7bUS$203.0bUS$18.8b30.4x26.7x2.5x
Sat, 15 Jun 2024US$446.7bUS$203.3bUS$18.9b27.6x23.7x2.2x
Mon, 13 May 2024US$464.5bUS$203.4bUS$18.3b24.7x25.4x2.3x
Wed, 10 Apr 2024US$506.1bUS$199.2bUS$17.1b23.1x29.5x2.5x
Fri, 08 Mar 2024US$553.5bUS$199.2bUS$17.0b21.3x32.6x2.8x
Sun, 04 Feb 2024US$538.7bUS$200.3bUS$16.9b21.1x31.8x2.7x
Tue, 02 Jan 2024US$501.7bUS$199.9bUS$16.3b19.7x30.7x2.5x
Thu, 30 Nov 2023US$474.1bUS$199.4bUS$16.3b20.1x29.1x2.4x
Sat, 28 Oct 2023US$414.9bUS$199.5bUS$16.3b17.5x25.5x2.1x
Mon, 25 Sep 2023US$448.8bUS$198.3bUS$11.7b21.8x38.5x2.3x
Wed, 23 Aug 2023US$435.7bUS$198.3bUS$11.7b18.9x37.3x2.2x
Fri, 21 Jul 2023US$439.9bUS$200.5bUS$11.4b24.9x38.5x2.2x
Sun, 18 Jun 2023US$441.8bUS$200.2bUS$11.1b24.4x39.8x2.2x
Tue, 16 May 2023US$395.4bUS$201.7bUS$11.7b21.4x33.7x2x
Thu, 13 Apr 2023US$383.1bUS$193.9bUS$10.7b21.8x35.7x2x
Price to Earnings Ratio

35.7x


Total Market Cap: US$383.1bTotal Earnings: US$10.7bTotal Revenue: US$193.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 29.8x202420252026
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 19.0x which is lower than its 3-year average PE of 29.8x.
  • The 3-year average PS ratio of 2.5x 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 28% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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 Market3.46%
Tech4.66%
IT4.94%
IT Consulting4.69%
Internet Services and Infrastructure5.20%
Data Processing Services2.82%
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$248.165.0%
+US$11.1b		9.1%PE22x
ACN AccentureUS$201.334.5%
+US$5.4b		-29.4%PE16.2x
CTSH Cognizant Technology SolutionsUS$62.544.7%
+US$1.3b		-9.0%PE13.4x
DOX AmdocsUS$66.433.3%
+US$227.0m		-20.6%PE12.5x
BBAI BigBear.ai HoldingsUS$3.5814.0%
+US$209.5m		25.6%PS13.3x

Latest News

BBAI
US$3.58
BigBear.ai Holdings
7D
14.0%
1Y
25.6%

BBAI: Government Contract Stabilization Will Drive Confidence In 2026 Outlook

Narrative Update on BigBear.ai Holdings The implied analyst price target for BigBear.ai has moved lower by about $1.33, as analysts factor in reduced fair value estimates and target cuts from $6 to $5 and from $8 to $6. These changes are being attributed to softer sales expectations, federal contract disruptions, and ongoing execution risk.
ACN
US$201.33
Accenture
7D
4.5%
1Y
-29.4%
FUSE
US$0.93
Fusemachines
7D
-20.9%
1Y
-92.0%
KD
US$13.23
Kyndryl Holdings
7D
7.0%
1Y
-54.0%
XTIA
US$2.00
XTI Aerospace
7D
-4.8%
1Y
81.8%
IBM
US$248.16
International Business Machines
7D
5.0%
1Y
9.1%

IBM: Hybrid Cloud And AI Platforms Will Reshape Mainframe Reliance

Analysts have trimmed their average price targets on IBM by a wide range, including cuts of $34 and $60 alongside multiple earlier increases of $5 to $52, while keeping fair value at $390.0. They are weighing slower mainframe and consulting trends against broader hybrid cloud and AI opportunities, as well as a slightly lower assumed discount rate and P/E multiple in current models. Analyst Commentary Recent research on International Business Machines shows a mix of caution on mainframe and consulting trends alongside clear pockets of optimism around hybrid cloud, AI and the company’s broader software franchise.
HKIT
US$1.79
Hitek Global
7D
-34.9%
1Y
-97.1%
DOX
US$66.43
Amdocs
7D
3.3%
1Y
-20.6%

Cloud Migration And AI Adoption Will Shape Telecom Software Returns By 2029

Catalysts About Amdocs Amdocs provides software, services and managed solutions that support telecom operators in areas such as billing, customer experience, network operations and data driven applications. What are the underlying business or industry changes driving this perspective?
EPAM
US$137.99
EPAM Systems
7D
2.1%
1Y
-4.6%
CTSH
US$62.54
Cognizant Technology Solutions
7D
4.7%
1Y
-9.0%

AI Builder Push And Fixed Bid Exposure Will Shape A Cautious But Stable Outlook

Catalysts About Cognizant Technology Solutions Cognizant Technology Solutions provides IT services, consulting and business process services to large enterprises across sectors such as financial services, health care, products and technology. What are the underlying business or industry changes driving this perspective?
IT
US$157.85
Gartner
7D
1.6%
1Y
-58.8%

IT: Ongoing Buybacks Will Support Future Upside Despite Lower Fair Value Assumptions

Analysts have revised their price target on Gartner down from about $284 to roughly $190, citing updates to fair value estimates that reflect changes in discount rate assumptions, revenue growth expectations, profit margin outlook, and projected future P/E levels. What's in the News From October 1, 2025 to December 31, 2025, Gartner repurchased 2,124,317 shares, representing 2.91% of its shares, for a total of $507.84 million under its ongoing buyback program (Key Developments).
CLPS
US$0.88
CLPS Incorporation
7D
-3.8%
1Y
-10.9%

CLPS Incorporation Announces AI-Driven COBOL-to-Java Migration Solution to Accelerate Core Banking Modernization

At CLPS, we believe AI is a force multiplier, but human insight is the core value. We are thrilled to announce our AI-powered migration solution!
ATGL
US$14.97
Alpha Technology Group
7D
-5.2%
1Y
-53.1%
TAOP
US$1.33
Taoping
7D
-7.5%
1Y
-79.5%

A Piece Of The Puzzle Missing From Taoping Inc.'s (NASDAQ:TAOP) 27% Share Price Climb

Jan 30
A Piece Of The Puzzle Missing From Taoping Inc.'s (NASDAQ:TAOP) 27% Share Price Climb
TDTH
US$0.18
Trident Digital Tech Holdings
7D
-13.2%
1Y
-18.9%
TGHL
US$0.28
Growhub
7D
-12.3%
1Y
n/a