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U.S. IT Consulting Industry Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies76
  • 7D2.8%
  • 3M-10.1%
  • 1Y-31.1%
  • YTDn/a

In the last week, the IT Consulting industry is up 2.8%, with Accenture up 6.4%. Meanwhile, Quantinuum actually underperformed within the industry, shrinking 7.9% in the last week. However, the industry is down 31% over the past year. Looking forward, earnings are forecast to grow by 9.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026US$349.2bUS$211.9bUS$20.9b12.9x16.7x1.6x
Thu, 25 Jun 2026US$371.9bUS$211.6bUS$21.3b11.5x17.5x1.8x
Sat, 23 May 2026US$397.0bUS$210.6bUS$21.1b15.9x18.8x1.9x
Mon, 20 Apr 2026US$431.5bUS$215.1bUS$22.7b15.9x19x2x
Wed, 18 Mar 2026US$429.5bUS$213.7bUS$22.6b15.9x19x2x
Fri, 13 Feb 2026US$478.8bUS$213.6bUS$22.6b18x21.2x2.2x
Sun, 11 Jan 2026US$592.6bUS$241.2bUS$21.2b24x28x2.5x
Tue, 09 Dec 2025US$584.0bUS$240.6bUS$21.3b23.8x27.5x2.4x
Thu, 06 Nov 2025US$554.8bUS$240.0bUS$20.9b20.2x26.5x2.3x
Sat, 04 Oct 2025US$542.7bUS$239.6bUS$19.6b21.4x27.7x2.3x
Mon, 01 Sep 2025US$486.0bUS$207.0bUS$18.9b23.1x25.7x2.3x
Wed, 30 Jul 2025US$528.7bUS$206.4bUS$19.0b22.8x27.8x2.6x
Fri, 27 Jun 2025US$563.8bUS$205.3bUS$18.7b24.5x30.2x2.7x
Sun, 25 May 2025US$547.6bUS$204.0bUS$18.4b26.9x29.7x2.7x
Tue, 22 Apr 2025US$503.6bUS$203.5bUS$18.5b25.9x27.3x2.5x
Thu, 20 Mar 2025US$553.2bUS$202.6bUS$18.3b32.7x30.2x2.7x
Sat, 15 Feb 2025US$629.5bUS$202.6bUS$18.1b40.2x34.7x3.1x
Mon, 13 Jan 2025US$552.0bUS$202.4bUS$18.2b33.7x30.3x2.7x
Wed, 11 Dec 2024US$574.7bUS$201.1bUS$17.8b40.7x32.2x2.9x
Fri, 08 Nov 2024US$554.5bUS$202.2bUS$17.8b41.3x31.2x2.7x
Sun, 06 Oct 2024US$564.2bUS$202.2bUS$19.4b42.3x29x2.8x
Tue, 03 Sep 2024US$531.1bUS$202.6bUS$19.2b34.5x27.6x2.6x
Thu, 01 Aug 2024US$515.4bUS$203.3bUS$19.0b30.7x27.1x2.5x
Sat, 29 Jun 2024US$465.1bUS$203.2bUS$18.8b28.5x24.7x2.3x
Mon, 27 May 2024US$463.6bUS$203.3bUS$18.9b28.3x24.6x2.3x
Wed, 24 Apr 2024US$483.2bUS$199.2bUS$17.1b21.5x28.2x2.4x
Fri, 22 Mar 2024US$545.7bUS$199.1bUS$17.1b21.6x31.8x2.7x
Sun, 18 Feb 2024US$535.0bUS$199.3bUS$17.0b22.8x31.5x2.7x
Tue, 16 Jan 2024US$509.7bUS$199.8bUS$16.4b20x31x2.6x
Thu, 14 Dec 2023US$494.3bUS$199.4bUS$16.3b20.1x30.3x2.5x
Sat, 11 Nov 2023US$444.0bUS$199.3bUS$16.3b20x27.2x2.2x
Mon, 09 Oct 2023US$440.1bUS$198.8bUS$11.4b19.8x38.7x2.2x
Wed, 06 Sep 2023US$457.8bUS$198.3bUS$11.7b21.1x39.2x2.3x
Fri, 04 Aug 2023US$444.4bUS$198.4bUS$11.6b21x38.3x2.2x
Price to Earnings Ratio

38.3x


Total Market Cap: US$444.4bTotal Earnings: US$11.6bTotal Revenue: US$198.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 27.9x202420252026
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 16.7x which is lower than its 3-year average PE of 27.9x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.6x.
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 2.2% 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-0.74%
Tech-0.84%
IT-0.13%
IT Consulting2.78%
Data Processing Services4.32%
Internet Services and Infrastructure-2.00%
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$154.066.4%
+US$5.7b		-44.4%PE12.1x
IBM International Business MachinesUS$216.281.5%
+US$3.6b		-17.8%PE19x
CTSH Cognizant Technology SolutionsUS$47.055.4%
+US$1.1b		-37.6%PE10x
IT GartnerUS$147.454.5%
+US$427.8m		-58.2%PE13.3x
EPAM EPAM SystemsUS$94.175.3%
+US$249.2m		-44.4%PE12.7x

Latest News

CTSH
US$47.05
Cognizant Technology Solutions
7D
5.4%
1Y
-37.6%
QNT
US$52.83
Quantinuum
7D
-7.9%
1Y
n/a
DXC
US$10.36
DXC Technology
7D
11.0%
1Y
-27.2%
IBM
US$216.28
International Business Machines
7D
1.5%
1Y
-17.8%
HCKT
US$10.13
Hackett Group
7D
-1.2%
1Y
-56.4%
Seeking Alpha • Jul 25

Hackett Group: Why The Upcoming Report Could Make A Bigger Splash Than Usual

Summary The Q2 FY2026 report is scheduled to be released by HCKT on August 4, and there is reason to think its impact could go further than normal. The upcoming guidance for Q3 FY2026 could feature a return to earnings growth, which will be required if the extended decline in the stock is to end. The risk is that the report does not go the way the stock may be anticipating, which could open the door for the stock to fall to new lows. A lot depends on the upcoming report, but it is not certain if it will deliver, which is why I am neutral on HCKT with a hold rating. Read the full article on Seeking Alpha
DOX
US$53.10
Amdocs
7D
-0.2%
1Y
-38.8%
Seeking Alpha • Jul 25

Amdocs: AI Fears Created This Shareholder Yield Monster

Summary Amdocs trades at historically low multiples due to AI-driven fears, despite deep integration with major MNOs and resilient, cash-generative operations. DOX is actively reshaping for the AI era, exiting low-margin segments, launching AI-driven products, and acquiring agentic AI capabilities to maintain relevance and efficiency. Revenue is highly predictable with a $4.3B backlog and near-100% renewal rates in managed services, but customer concentration with AT&T and T-Mobile is a key risk. DOX offers a 4.4% dividend yield, aggressive buybacks, and double-digit dividend growth, providing a downside cushion amid market pessimism over AI disruption. Read the full article on Seeking Alpha
TAOP
US$0.83
Taoping
7D
-36.2%
1Y
-79.9%
EPAM
US$94.17
EPAM Systems
7D
5.3%
1Y
-44.4%
Narrative Update • Jul 24

EPAM: AI Partnerships And Buybacks Will Counter Softer Demand And Automation Risks

The analyst fair value estimate for EPAM Systems has been revised from $99.00 to $83.00 as analysts adjust price targets across the IT services sector, citing a softer demand backdrop, geopolitical uncertainty, and the growing impact of AI-led coding on client decision-making. Analyst Commentary Recent research updates around EPAM Systems point to a more cautious stance from several bearish analysts, with a series of price target cuts and rating changes highlighting concerns around demand trends, geopolitical risks, and the implications of AI-led coding on the company’s growth profile.
KD
US$12.76
Kyndryl Holdings
7D
4.4%
1Y
-67.7%
Narrative Update • Jul 23

KD: Internal Control Overhaul Will Set Up Future AI Services Upside

Analysts have reduced their price target for Kyndryl Holdings to $13 from $28 as they factor in slower expected revenue growth, lower projected profit margins, and a modestly lower future P/E multiple into their updated valuation framework. What’s in the News for Kyndryl Holdings Kyndryl Holdings is reviewing its cash management practices and internal controls after voluntary document requests from the SEC, has delayed filing its Q3 2026 Form 10-Q, and expects to report material weaknesses in internal controls over financial reporting, with the company also announcing the immediate departures of its CFO and General Counsel (source: Schubert Jonckheer & Kolbe).
EFOR
US$21.56
Everforth
7D
17.5%
1Y
-60.3%
Seeking Alpha • Jul 23

Everforth: What I'm Watching In The July 29 Print

Summary Everforth, Inc. is rated Hold ahead of second-quarter earnings, with a central-case fair value of $20–$25 per share versus the July 22 closing price of $20.38. EFOR trades at roughly 6x EV/EBITDA, reflecting market skepticism that margins will recover toward late-2025 levels and continued concerns about AI-driven demand across the IT services sector, despite healthy free. Balance sheet leverage, rather than operating performance, remains the primary constraint on upside. Net debt is approximately 159% of market capitalization, amplifying equity sensitivity despite the company's July refinancing. Read the full article on Seeking Alpha
IT
US$147.45
Gartner
7D
4.5%
1Y
-58.2%
WYY
US$10.70
WidePoint
7D
-7.6%
1Y
242.9%
Narrative Update • Jul 22

WYY: Telecom SaaS Expansion Into Federal Contracts Will Likely Drive Upside

Analysts have lifted their price target on WidePoint from $19.50 to $30.00, citing updated valuation work that reflects a higher assumed future P/E multiple, along with modest adjustments to discount rate, revenue growth, and profit margin inputs. What’s in the News for WidePoint WidePoint reported that deployment of its FedRAMP Authorized ITMS Command Center Platform for a leading U.S. telecommunications carrier remains on schedule, with the carrier broadening the implementation scope to cover additional operational needs.
ACN
US$154.06
Accenture
7D
6.4%
1Y
-44.4%
UIS
US$3.36
Unisys
7D
-7.4%
1Y
-21.5%
Narrative Update • Jul 13

UIS: AI Infrastructure Partnerships And High-Margin Segments Will Support Turnaround Potential

Analysts have lifted their price target for Unisys to $6 from $4, pointing to a clearer multi-segment story and potential benefits from AI-related infrastructure work, as well as encouragement from trends in the higher-margin ClearPath and CA&I segments. What's in the News for Unisys Unisys announced a partnership with Antenna to embed independent third party benchmarks into its applications and services, aiming to give clients data driven visibility into AI assisted software development performance and token usage.
CINT
US$3.18
CI&T
7D
-2.2%
1Y
-41.8%
Narrative Update • Jul 13

CINT: Buybacks And Sector Reset Will Support Future Repricing Potential

Analysts have trimmed their fair value estimate for CI&T to $6.22 from $6.97, reflecting slightly higher risk assumptions and updated sector views around potential downside to second half estimates, with recent Street price target moves, including cuts toward $6, anchoring this reset. Analyst Commentary Recent Street commentary on CI&T points to a mix of constructive views on the business and caution around sector level risks, which together are feeding into the updated fair value and price target resets.
ATGL
US$10.11
Alpha Technology Group
7D
-5.9%
1Y
-50.8%