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U.S. IT Consulting Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies80
  • 7D-1.9%
  • 3M-14.5%
  • 1Y-28.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.9%, driven by a pullback from Accenture of 3.2%. On the other hand Kyndryl Holdings is actually up 13%. However, the industry is down 29% over the past year. As for the next few years, earnings are expected to grow by 8.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026US$460.3bUS$213.6bUS$22.5b17.4x20.5x2.2x
Sun, 18 Jan 2026US$561.5bUS$211.0bUS$20.0b23.1x28.1x2.7x
Tue, 16 Dec 2025US$589.2bUS$240.6bUS$21.3b22x27.7x2.4x
Thu, 13 Nov 2025US$567.4bUS$240.0bUS$21.0b22.3x27x2.4x
Sat, 11 Oct 2025US$550.1bUS$238.8bUS$19.6b19.8x28.1x2.3x
Mon, 08 Sep 2025US$483.5bUS$207.0bUS$18.9b20.4x25.6x2.3x
Wed, 06 Aug 2025US$500.4bUS$206.9bUS$19.2b21.3x26.1x2.4x
Fri, 04 Jul 2025US$575.8bUS$205.3bUS$18.7b25.1x30.8x2.8x
Sun, 01 Jun 2025US$553.4bUS$204.0bUS$18.4b26.8x30x2.7x
Tue, 29 Apr 2025US$505.1bUS$203.5bUS$17.9b25.6x28.2x2.5x
Thu, 27 Mar 2025US$543.7bUS$203.4bUS$18.4b31.5x29.5x2.7x
Sat, 22 Feb 2025US$602.1bUS$202.7bUS$18.1b39.5x33.2x3x
Mon, 20 Jan 2025US$563.7bUS$202.4bUS$18.2b35x31x2.8x
Wed, 18 Dec 2024US$571.2bUS$201.1bUS$17.8b38.4x32x2.8x
Fri, 15 Nov 2024US$566.4bUS$201.0bUS$17.8b41.7x31.8x2.8x
Sun, 13 Oct 2024US$570.0bUS$202.2bUS$19.4b41.7x29.3x2.8x
Tue, 10 Sep 2024US$530.7bUS$202.6bUS$19.2b32.2x27.6x2.6x
Thu, 08 Aug 2024US$495.7bUS$202.7bUS$19.3b28.6x25.7x2.4x
Sat, 06 Jul 2024US$471.6bUS$203.1bUS$18.8b30.8x25.1x2.3x
Mon, 03 Jun 2024US$444.7bUS$203.3bUS$18.9b28.3x23.6x2.2x
Wed, 01 May 2024US$452.6bUS$199.5bUS$17.7b20.5x25.6x2.3x
Fri, 29 Mar 2024US$515.7bUS$199.1bUS$17.1b21.8x30.1x2.6x
Sun, 25 Feb 2024US$540.0bUS$199.3bUS$17.0b21.3x31.7x2.7x
Tue, 23 Jan 2024US$523.8bUS$199.8bUS$16.4b21.2x31.9x2.6x
Thu, 21 Dec 2023US$494.2bUS$199.9bUS$16.3b19.8x30.3x2.5x
Sat, 18 Nov 2023US$464.5bUS$199.3bUS$16.3b19.8x28.5x2.3x
Mon, 16 Oct 2023US$427.0bUS$198.8bUS$11.4b19.3x37.6x2.1x
Wed, 13 Sep 2023US$457.2bUS$198.3bUS$11.7b20.1x39.2x2.3x
Fri, 11 Aug 2023US$439.3bUS$198.2bUS$11.7b21.5x37.5x2.2x
Sun, 09 Jul 2023US$427.4bUS$200.6bUS$11.3b24.2x37.8x2.1x
Tue, 06 Jun 2023US$431.6bUS$200.1bUS$11.1b22.1x38.9x2.2x
Thu, 04 May 2023US$394.4bUS$201.6bUS$11.7b19.9x33.7x2x
Sat, 01 Apr 2023US$388.6bUS$193.9bUS$10.7b20.7x36.4x2x
Mon, 27 Feb 2023US$377.9bUS$192.8bUS$10.7b19.3x35.2x2x
Price to Earnings Ratio

35.2x


Total Market Cap: US$377.9bTotal Earnings: US$10.7bTotal Revenue: US$192.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 30.5x202420252026
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 20.5x which is lower than its 3-year average PE of 30.5x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.2x.
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 Market0.64%
Tech0.58%
IT1.34%
IT Consulting-1.88%
Internet Services and Infrastructure4.91%
Data Processing Services2.54%
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
KD Kyndryl HoldingsUS$12.7912.8%
+US$291.5m		-67.8%PE11.5x
IT GartnerUS$156.942.2%
+US$233.2m		-68.8%PE15.2x
DOX AmdocsUS$69.822.2%
+US$134.4m		-21.8%PE13.2x
ASGN ASGNUS$44.496.3%
+US$112.7m		-36.4%PE16.7x
DXC DXC TechnologyUS$13.342.5%
+US$56.0m		-33.9%PE5.4x

Latest News

EPAM
US$139.16
EPAM Systems
7D
-14.7%
1Y
-38.2%
HCKT
US$14.52
Hackett Group
7D
5.2%
1Y
-52.7%

HCKT: Generative AI Execution Will Drive Future Margin Expansion Narrative

Analysts have trimmed their price targets on Hackett Group, with the updated blended target moving from about $28.33 to $23.67 as they factor in reduced long term fair value assumptions, a higher discount rate, more modest revenue growth expectations, and a lower future P/E multiple. This is partly offset by slightly higher projected profit margins and views that the company is progressing with its generative AI plans.
BBAI
US$4.19
BigBear.ai Holdings
7D
2.2%
1Y
-44.2%
DXC
US$13.34
DXC Technology
7D
2.5%
1Y
-33.9%

DXC: Fair Outlook Balances Declining Revenue With AI Expansion Initiatives

Analysts have trimmed their DXC Technology price target from $15.00 to $13.00, citing updated assumptions that reflect a higher 12.33% discount rate, a revenue decline closer to 2.17%, slimmer profit margins near 0.69%, and a higher future P/E of about 31.40x. What's in the News DXC updated full year fiscal 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 framed as a 4.5% to 3.5% organic decline (Key Developments).
IBM
US$256.28
International Business Machines
7D
-1.2%
1Y
-3.2%

IBM: Execution Risks Around Confluent Integration Will Define Future Downside

Analysts have raised their price targets on International Business Machines, supporting a fair value increase from $198.00 to approximately $232.21. They attribute this change to updated assumptions regarding revenue growth, margins, and future P/E multiples.
GLOB
US$45.84
Globant
7D
-7.0%
1Y
-78.2%

GLOB: GenAI Shift And FIFA Deal Are Expected To Unlock Future Upside

Analysts have nudged their average price target for Globant modestly higher, reflecting slightly stronger assumptions for revenue growth and margins as the company refocuses on GenAI driven work, while still keeping valuation expectations such as future P/E relatively contained. Analyst Commentary Recent research on Globant highlights a mix of optimism around its GenAI repositioning and caution regarding the pace of its revenue recovery and the time needed for a new business model to settle in.
DOX
US$69.82
Amdocs
7D
2.2%
1Y
-21.8%
CTSH
US$64.99
Cognizant Technology Solutions
7D
-1.3%
1Y
-25.8%

CTSH: AI Partnerships And Healthier Bookings Will Support Future Upside

Analysts have made a modest downward adjustment to their fair value estimate for Cognizant Technology Solutions, trimming the price target by about $0.52 to $90.88 as they weigh stronger projected revenue growth and slightly lower discount rates against softer margin and future P/E assumptions. Analyst Commentary Recent Street research on Cognizant Technology Solutions shows a mix of optimism and caution, with several firms adjusting price targets and ratings over the past few months.
BNAI
US$19.13
Brand Engagement Network
7D
-10.7%
1Y
274.4%
IT
US$156.94
Gartner
7D
2.2%
1Y
-68.8%
KD
US$12.79
Kyndryl Holdings
7D
12.8%
1Y
-67.8%
CINT
US$4.81
CI&T
7D
-2.6%
1Y
-34.8%
ASGN
US$44.49
ASGN
7D
6.3%
1Y
-36.4%
ACN
US$214.95
Accenture
7D
-3.2%
1Y
-44.1%
GDYN
US$6.99
Grid Dynamics Holdings
7D
5.9%
1Y
-65.9%
FUSE
US$1.37
Fusemachines
7D
-15.4%
1Y
-88.6%