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U.S. IT Consulting Industry Analysis

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies74
  • 7D1.4%
  • 3M-22.1%
  • 1Y-22.8%
  • YTDn/a

The IT Consulting industry is up 1.5% in the last week, with Accenture up 2.5%. During this same period, the Alpha Technology Group underperformed, falling 15%. In contrast, the industry has lost 22% in the last 12 months. 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
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
Wed, 14 Jun 2023US$438.1bUS$200.2bUS$11.1b24x39.5x2.2x
Fri, 12 May 2023US$387.9bUS$201.6bUS$11.8b21.3x33x1.9x
Sun, 09 Apr 2023US$383.0bUS$193.9bUS$10.7b21.7x35.7x2x
Price to Earnings Ratio

35.7x


Total Market Cap: US$383.0bTotal 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 29.9x202420252026
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 18.4x which is lower than its 3-year average PE of 29.9x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.9x.
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-0.32%
Tech-1.22%
IT-0.81%
IT Consulting1.40%
Data Processing Services-1.49%
Internet Services and Infrastructure-2.96%
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$197.062.5%
+US$2.9b		-37.7%PE15.8x
IBM International Business MachinesUS$243.140.7%
+US$1.6b		-2.7%PE21.6x
CTSH Cognizant Technology SolutionsUS$61.252.4%
+US$698.2m		-20.2%PE13.1x
IT GartnerUS$154.793.0%
+US$321.3m		-63.5%PE15x
GLOB GlobantUS$46.566.7%
+US$126.9m		-60.5%PE19.5x

Latest News

IBM
US$243.14
International Business Machines
7D
0.7%
1Y
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XTIA
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XTI Aerospace
7D
-16.2%
1Y
71.9%
BNAI
US$37.66
Brand Engagement Network
7D
-9.2%
1Y
1,025.9%
GLOB
US$46.56
Globant
7D
6.7%
1Y
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GLOB: AI Pod Execution And Bookings Strength Will Define A Cautious 2026 Reset

Analysts have trimmed Globant's average price target in recent weeks. Several firms have reduced their targets by $5 to $20 as they factor in slower revenue growth assumptions, a slightly higher discount rate, and mixed near term bookings and AI execution risks, despite generally solid recent results and guidance.
DOX
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Amdocs
7D
-0.5%
1Y
-28.6%

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$135.12
EPAM Systems
7D
1.4%
1Y
-20.1%
CTSH
US$61.25
Cognizant Technology Solutions
7D
2.4%
1Y
-20.2%

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?
KD
US$12.85
Kyndryl Holdings
7D
1.6%
1Y
-61.2%

KD: Legal And Governance Setbacks Will Balance Buybacks And AI Service Upside

Analysts have lowered their price target for Kyndryl Holdings from $19 to $14, reflecting updated assumptions for revenue growth, profit margins, and a reduced future P/E of about 6.63x compared with about 9.00x previously. What's in the News Securities class action lawsuits have been filed in New York federal courts alleging issues with Kyndryl's free cash flow reporting and internal controls, with overlapping class periods running from August 2024 to February 2026 and claims tied to missed estimates, delayed filings and SEC document requests (Lawsuits & Legal Issues).
ACN
US$197.06
Accenture
7D
2.5%
1Y
-37.7%

ACN: GenAI Partnerships And AI Adoption Will Drive Enterprise Modernization

Accenture's fair value estimate is adjusted from about $283 to $252, as analysts temper revenue growth and profit margin assumptions and apply a lower future P/E multiple in response to a broad wave of reduced price targets, despite generally constructive views on the latest quarterly performance. Analyst Commentary Recent Street research around Accenture clusters around a common theme, with many firms trimming price targets while still generally acknowledging solid execution and a credible long term story in areas like GenAI and digital transformation.
BBAI
US$3.42
BigBear.ai Holdings
7D
-3.9%
1Y
9.3%
IT
US$154.79
Gartner
7D
3.0%
1Y
-63.5%

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).
ASGN
US$38.47
ASGN
7D
-0.4%
1Y
-39.8%

ASGN: Buybacks And M&A Execution Will Shape Future Upside Potential

ASGN's fair value estimate has shifted from $52.83 to $54.50 as analysts update their price targets, citing adjusted assumptions for revenue growth, profitability, discount rate, and future P/E in light of recent Street research moves from BMO Capital, Baird, Truist, and Wells Fargo. Analyst Commentary Recent price target changes cluster tightly, with several bullish analysts lifting their targets by US$2 and one by US$10, while a bearish analyst trimmed a target by US$2.
DXC
US$12.54
DXC Technology
7D
4.4%
1Y
-28.9%

DXC: Future AI And Blockchain Banking Expansion Will Support Undervalued Upside Potential

Analysts have kept their $17.00 price target for DXC Technology unchanged, citing slightly softer expectations for revenue growth and profit margins, along with a marginally higher future P/E multiple, as key factors supporting their steady outlook. What's in the News DXC updated full fiscal year 2026 guidance, now expecting total revenue of about US$12.69b, described as a 4.3% organic year-over-year decline compared with the prior guided range of US$12.67b to US$12.81b, which was described as a 4.5% to 3.5% organic decline (Corporate guidance).
CTM
US$0.63
Castellum
7D
-9.6%
1Y
-39.4%
ATGL
US$14.97
Alpha Technology Group
7D
-9.8%
1Y
-55.1%
FUSE
US$0.93
Fusemachines
7D
-25.9%
1Y
-92.0%