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U.S. IT Consulting Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies79
  • 7D-6.2%
  • 3M-23.7%
  • 1Y-23.1%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 6.2%, driven by pullbacks in International Business Machines and Accenture of 4.9% and 8.5%, respectively. Meanwhile, TSS actually outperformed within the industry, gaining 32% in the last week. The industry has fallen 23% in the last year. Looking forward, earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026US$425.3bUS$213.7bUS$22.6b17.3x18.8x2x
Wed, 11 Feb 2026US$508.0bUS$213.6bUS$22.6b19.5x22.5x2.4x
Fri, 09 Jan 2026US$581.9bUS$241.4bUS$21.2b23.7x27.5x2.4x
Sun, 07 Dec 2025US$583.9bUS$240.6bUS$21.3b24.7x27.5x2.4x
Tue, 04 Nov 2025US$571.5bUS$239.9bUS$21.3b21.2x26.8x2.4x
Thu, 02 Oct 2025US$508.2bUS$208.2bUS$18.6b20.5x27.3x2.4x
Sat, 30 Aug 2025US$484.9bUS$207.0bUS$18.9b23.1x25.7x2.3x
Mon, 28 Jul 2025US$530.5bUS$206.4bUS$19.0b24.4x27.9x2.6x
Wed, 25 Jun 2025US$570.7bUS$205.3bUS$18.7b24.3x30.5x2.8x
Fri, 23 May 2025US$556.2bUS$204.0bUS$18.4b27.2x30.2x2.7x
Sun, 20 Apr 2025US$503.6bUS$203.5bUS$18.5b26.4x27.3x2.5x
Tue, 18 Mar 2025US$551.0bUS$202.6bUS$18.3b33.2x30.1x2.7x
Thu, 13 Feb 2025US$623.9bUS$202.6bUS$18.1b39.3x34.4x3.1x
Sat, 11 Jan 2025US$562.2bUS$202.4bUS$18.2b33.7x30.9x2.8x
Mon, 09 Dec 2024US$584.5bUS$201.1bUS$17.8b41.7x32.8x2.9x
Wed, 06 Nov 2024US$532.8bUS$202.5bUS$17.7b39.9x30.1x2.6x
Fri, 04 Oct 2024US$553.7bUS$202.2bUS$19.4b42x28.5x2.7x
Sun, 01 Sep 2024US$531.1bUS$202.6bUS$19.2b34.5x27.6x2.6x
Tue, 30 Jul 2024US$510.1bUS$203.2bUS$19.0b30.5x26.8x2.5x
Thu, 27 Jun 2024US$469.6bUS$203.2bUS$18.8b27.4x25x2.3x
Sat, 25 May 2024US$467.8bUS$203.3bUS$18.9b28.2x24.8x2.3x
Mon, 22 Apr 2024US$481.1bUS$199.2bUS$17.1b21.6x28.1x2.4x
Wed, 20 Mar 2024US$542.7bUS$199.1bUS$17.0b21.3x32x2.7x
Fri, 16 Feb 2024US$530.3bUS$199.2bUS$17.1b22.8x31x2.7x
Sun, 14 Jan 2024US$509.7bUS$199.8bUS$16.4b20x31x2.6x
Tue, 12 Dec 2023US$492.2bUS$199.4bUS$16.3b20.4x30.2x2.5x
Thu, 09 Nov 2023US$448.2bUS$199.2bUS$16.4b19x27.4x2.3x
Sat, 07 Oct 2023US$440.1bUS$198.8bUS$11.4b19.8x38.7x2.2x
Mon, 04 Sep 2023US$458.9bUS$198.3bUS$11.7b21.3x39.3x2.3x
Wed, 02 Aug 2023US$447.0bUS$200.7bUS$11.4b21.1x39.1x2.2x
Fri, 30 Jun 2023US$429.4bUS$200.6bUS$11.3b23.1x38x2.1x
Sun, 28 May 2023US$422.4bUS$201.4bUS$10.4b23.4x40.5x2.1x
Tue, 25 Apr 2023US$373.2bUS$193.9bUS$11.0b20.4x33.9x1.9x
Thu, 23 Mar 2023US$355.5bUS$193.0bUS$10.8b20.5x33x1.8x
Price to Earnings Ratio

33x


Total Market Cap: US$355.5bTotal Earnings: US$10.8bTotal Revenue: US$193.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 30.1x202420252026
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 18.8x which is lower than its 3-year average PE of 30.1x.
  • 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 Market-1.62%
Tech-0.69%
IT-2.92%
IT Consulting-6.19%
Internet Services and Infrastructure0.48%
Data Processing Services-7.53%
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
TSSI TSSUS$11.9519.6%
+US$56.5m		27.5%PE22.8x
CINT CI&TUS$5.467.7%
+US$45.4m		-15.2%PE17.3x
IT GartnerUS$166.740.2%
+US$24.7m		-63.9%PE16.1x
HKIT Hitek GlobalUS$1.0210.9%
+US$2.9m		-17.7%PS16.5x
CSPI CSPUS$8.932.6%
+US$2.3m		-47.9%PS1.6x

Latest News

CTSH
US$60.37
Cognizant Technology Solutions
7D
-6.6%
1Y
-24.6%

CTSH: AI Partnerships And New Contracts Will Support Future Upside Potential

The analyst price target for Cognizant Technology Solutions has been trimmed by about $1, reflecting a modestly higher discount rate and a slightly lower assumed future P/E as analysts balance pressure on traditional services from GenAI with expectations for new AI-driven value pools to scale. Analyst Commentary Recent Street research on Cognizant Technology Solutions reflects a mix of constructive and cautious views, with several firms adjusting price targets both higher and lower as they reassess the impact of GenAI on traditional IT services and potential new AI related revenue streams.
HKIT
US$1.02
Hitek Global
7D
10.9%
1Y
-17.7%
IBM
US$246.28
International Business Machines
7D
-2.8%
1Y
-2.6%
TSSI
US$11.95
TSS
7D
19.6%
1Y
27.5%
CINT
US$5.46
CI&T
7D
7.7%
1Y
-15.2%
KD
US$12.35
Kyndryl Holdings
7D
-5.6%
1Y
-65.2%

KD: Buybacks And AI Security Services Will Support Future Upside

Analysts kept their $19.00 price target for Kyndryl Holdings unchanged, reflecting consistent assumptions around revenue growth, profit margin, and future P/E, despite a recent review of their valuation framework. What's in the News Kyndryl reported a delay in filing its Form 10-Q for the quarter ended December 31, 2025, and disclosed that it will not meet the SEC deadline for its next 10-Q filing (Delayed SEC Filings).
ACN
US$196.65
Accenture
7D
-6.1%
1Y
-39.6%

AI And Cloud Demand Will Shape Earnings While Margin Risks Keep Expectations Measured

Catalysts About Accenture Accenture is a global professional services firm that provides consulting, technology, AI and managed services across multiple industries and regions. What are the underlying business or industry changes driving this perspective?
MLGO
US$3.88
MicroAlgo
7D
5.1%
1Y
-96.7%
IT
US$166.74
Gartner
7D
0.2%
1Y
-63.9%
EPAM
US$137.14
EPAM Systems
7D
-6.2%
1Y
-26.4%

EPAM: AI And Pricing Execution Will Support Transition Rerating Despite 2026 Headwind

The updated analyst price target for EPAM Systems reflects a modest recalibration lower, with our fair value estimate moving from about $207.53 to $191.18 as analysts factor in softer 2026 guidance tied to specific client headwinds. This is partially offset by ongoing confidence in AI related demand, pricing, and margin potential.
DOX
US$66.34
Amdocs
7D
-4.2%
1Y
-25.4%

DOX: Reset Guidance And Capital Returns Will Support Future Repricing

Analysts have reduced their Amdocs price targets by roughly $10 to $20, citing updated assumptions around discount rates and future P/E, while maintaining a broadly unchanged view of the stock’s fair value. Analyst Commentary Recent research updates keep the core investment view on Amdocs largely intact, even as price targets are reset to reflect revised discount rates and updated P/E assumptions.
CLPS
US$1.03
CLPS Incorporation
7D
2.0%
1Y
-15.6%
DXC
US$11.83
DXC Technology
7D
-8.6%
1Y
-31.5%

DXC: Future AI And Cloud Wins Will Support Undervalued Upside Potential

Analysts have raised their price target on DXC Technology from $16.00 to $17.00, citing updated assumptions around fair value, discount rate, revenue trends, profit margins, and future P/E expectations. What's in the News PoloWorks expanded its use of DXC's Assure Commercial & Specialty cloud platform to support three new Lloyd's syndicates, aiming for faster launches, digital workflows, and regulatory compliance across the group (Client announcement).
GLOB
US$44.95
Globant
7D
-12.9%
1Y
-66.5%

GLOB: Reset Expectations And AI Transition Shape A More Balanced 2026 Outlook

Our analyst fair value estimate for Globant has been cut from $74 to $50 as analysts reset price targets lower across the Street, citing sector wide multiple compression, pressured near term growth, and lingering questions around the net impact of its rapidly scaling AI pod model despite solid Q4 results and stronger bookings. Analyst Commentary Street research around Globant has turned more cautious, with a series of lower price targets pointing to ongoing debate about how quickly the business can re-accelerate growth and how the market should value its transition toward AI driven offerings.
CSPI
US$8.93
CSP
7D
2.6%
1Y
-47.9%
TDTH
US$0.22
Trident Digital Tech Holdings
7D
7.4%
1Y
-78.0%