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U.S. IT Consulting Industry Analysis

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies78
  • 7D0.8%
  • 3M-12.1%
  • 1Y-33.0%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has remained flat, although notably Quantinuum declined by 6.7%. Unfortunately though, the industry is down 33% over the past 12 months. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jul 2026US$335.9bUS$211.9bUS$20.9b12.4x16x1.6x
Mon, 22 Jun 2026US$355.2bUS$211.6bUS$21.3b12.1x16.7x1.7x
Wed, 20 May 2026US$367.5bUS$210.7bUS$21.7b15x17x1.7x
Fri, 17 Apr 2026US$420.3bUS$215.1bUS$22.7b15.6x18.6x2x
Sun, 15 Mar 2026US$425.2bUS$213.7bUS$22.6b16x18.8x2x
Tue, 10 Feb 2026US$516.7bUS$213.4bUS$22.8b19.1x22.7x2.4x
Thu, 08 Jan 2026US$588.6bUS$241.4bUS$21.2b23.2x27.8x2.4x
Sat, 06 Dec 2025US$585.6bUS$240.6bUS$21.3b24.7x27.5x2.4x
Mon, 03 Nov 2025US$571.5bUS$239.9bUS$21.3b21.4x26.8x2.4x
Wed, 01 Oct 2025US$506.4bUS$208.2bUS$18.6b20.8x27.2x2.4x
Fri, 29 Aug 2025US$484.9bUS$207.0bUS$18.9b22.9x25.7x2.3x
Sun, 27 Jul 2025US$530.5bUS$206.4bUS$19.0b24.4x27.9x2.6x
Tue, 24 Jun 2025US$553.2bUS$205.3bUS$18.7b24.1x29.6x2.7x
Thu, 22 May 2025US$564.9bUS$204.0bUS$18.4b27.2x30.7x2.8x
Sat, 19 Apr 2025US$503.6bUS$203.5bUS$18.5b26.4x27.3x2.5x
Mon, 17 Mar 2025US$551.0bUS$202.6bUS$18.3b33x30.1x2.7x
Wed, 12 Feb 2025US$617.0bUS$202.6bUS$18.1b39.2x34x3x
Fri, 10 Jan 2025US$562.2bUS$202.4bUS$18.2b34.2x30.9x2.8x
Sun, 08 Dec 2024US$584.5bUS$201.1bUS$17.8b41.7x32.8x2.9x
Tue, 05 Nov 2024US$535.1bUS$202.4bUS$17.4b43.8x30.7x2.6x
Thu, 03 Oct 2024US$564.1bUS$203.1bUS$19.5b38.3x28.9x2.8x
Sat, 31 Aug 2024US$526.1bUS$202.6bUS$19.2b34.5x27.4x2.6x
Mon, 29 Jul 2024US$510.1bUS$203.2bUS$19.0b30.6x26.8x2.5x
Wed, 26 Jun 2024US$471.9bUS$203.2bUS$18.8b29.2x25.1x2.3x
Fri, 24 May 2024US$472.5bUS$203.3bUS$18.9b26.2x25x2.3x
Sun, 21 Apr 2024US$481.1bUS$199.2bUS$17.1b21.6x28.1x2.4x
Tue, 19 Mar 2024US$537.4bUS$199.1bUS$17.0b21.9x31.6x2.7x
Thu, 15 Feb 2024US$523.3bUS$199.2bUS$17.1b22.4x30.6x2.6x
Sat, 13 Jan 2024US$509.7bUS$199.8bUS$16.4b20x31x2.6x
Mon, 11 Dec 2023US$486.1bUS$199.4bUS$16.3b20.4x29.8x2.4x
Wed, 08 Nov 2023US$446.5bUS$199.4bUS$16.2b19.1x27.6x2.2x
Fri, 06 Oct 2023US$436.7bUS$198.8bUS$11.4b18.9x38.4x2.2x
Sun, 03 Sep 2023US$458.9bUS$198.3bUS$11.7b21.3x39.3x2.3x
Tue, 01 Aug 2023US$445.8bUS$200.5bUS$11.4b21.6x39x2.2x
Price to Earnings Ratio

39x


Total Market Cap: US$445.8bTotal Earnings: US$11.4bTotal Revenue: US$200.5bTotal 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 16.0x 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, 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-1.06%
Tech0.11%
IT-2.56%
IT Consulting0.82%
Data Processing Services1.41%
Internet Services and Infrastructure-4.63%
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$146.992.4%
+US$2.1b		-48.1%PE11.5x
IBM International Business MachinesUS$214.190.7%
+US$1.4b		-17.5%PE18.8x
CTSH Cognizant Technology SolutionsUS$45.451.5%
+US$322.2m		-40.7%PE9.7x
DXC DXC TechnologyUS$10.056.1%
+US$94.0m		-29.7%PE90.5x
EFOR EverforthUS$20.6010.0%
+US$76.7m		-62.4%PE8.6x

Latest News

DOX
US$52.10
Amdocs
7D
-1.0%
1Y
-40.7%
Seeking Alpha • 1h

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
CTSH
US$45.45
Cognizant Technology Solutions
7D
1.5%
1Y
-40.7%
IBM
US$214.19
International Business Machines
7D
0.7%
1Y
-17.5%
BBAI
US$2.76
BigBear.ai Holdings
7D
-2.8%
1Y
-62.7%
QNT
US$52.29
Quantinuum
7D
-6.7%
1Y
n/a
KD
US$12.05
Kyndryl Holdings
7D
-0.8%
1Y
-69.2%
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$20.60
Everforth
7D
10.0%
1Y
-62.4%
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$140.50
Gartner
7D
0.2%
1Y
-60.6%
GLOB
US$31.30
Globant
7D
-2.9%
1Y
-66.3%
Narrative Update • Jul 22

GLOB: AI Execution And Lawsuit Resolution Will Shape Confidence In 2026 Outlook

Analysts have trimmed their price expectations for Globant, with the updated fair value estimate moving from $38.00 to $31.00 as they factor in a slightly higher discount rate, modestly different assumptions for revenue growth and profit margins, and a lower future P/E in light of more cautious sector views and softer IT services demand described in recent research. Analyst Commentary Recent Street research on Globant points to a cooler tone, with a series of price target cuts and rating changes that frame a more cautious backdrop for the stock.
TDTH
US$2.95
Trident Digital Tech Holdings
7D
3.9%
1Y
n/a
ACN
US$146.99
Accenture
7D
2.4%
1Y
-48.1%
HCKT
US$9.71
Hackett Group
7D
-6.1%
1Y
-58.3%
UIS
US$3.12
Unisys
7D
-14.3%
1Y
-28.3%
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$3.11
CI&T
7D
-3.7%
1Y
-43.1%
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.
DXC
US$10.05
DXC Technology
7D
6.1%
1Y
-29.7%
Narrative Update • Jul 11

DXC: AI And Cloud Execution Will Offset Revenue Declines And Legal Risks

The analyst price target for DXC Technology has been revised from $13.00 to $9.00 as analysts factor in softer expected revenue, a higher discount rate, improved profit margin assumptions, and a lower future P/E multiple in their valuation work. What’s in the News for DXC Technology DXC Technology reported weaker than expected Q4 and full year 2026 results, with revenue declining 1.2% and bookings declining 13.5% year over year, missing organic revenue guidance by US$75 million and guiding fiscal 2027 revenue to decline 3% to 5%.
EPAM
US$89.85
EPAM Systems
7D
1.3%
1Y
-47.4%
Narrative Update • Jul 10

EPAM: AI Partnerships And Client Wins Will Offset Coding Automation Risks

EPAM Systems' fair value estimate has been revised to $99 from $110 as analysts trim price targets in response to sector-wide caution around geopolitical uncertainty, elongated decision cycles, and the growing impact of AI-led coding on traditional IT services demand. Analyst Commentary Recent Street research on EPAM Systems highlights a clear shift toward caution, with several bearish analysts revisiting ratings and valuation assumptions as they factor in geopolitical uncertainty, slower client decision making, and the impact of AI-led coding on traditional IT services work.