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U.S. IT Consulting Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies79
  • 7D-10.5%
  • 3M-22.0%
  • 1Y-31.1%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 11%, driven by pullbacks in International Business Machines and Accenture of 8.9% and 14%, respectively. On the other hand Brand Engagement Network is actually up 58%. Overall the industry is down 31% in 12 months. As for the next few years, earnings are expected to grow by 8.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026US$406.8bUS$213.7bUS$22.5b16.4x18.1x1.9x
Sat, 24 Jan 2026US$550.9bUS$211.0bUS$20.0b22.7x27.5x2.6x
Mon, 22 Dec 2025US$582.4bUS$241.2bUS$21.2b21.2x27.5x2.4x
Wed, 19 Nov 2025US$549.1bUS$240.5bUS$21.3b23.1x25.8x2.3x
Fri, 17 Oct 2025US$534.1bUS$239.0bUS$19.6b19.7x27.3x2.2x
Sun, 14 Sep 2025US$477.0bUS$207.0bUS$18.9b19.7x25.2x2.3x
Tue, 12 Aug 2025US$467.7bUS$207.0bUS$19.2b21.4x24.4x2.3x
Thu, 10 Jul 2025US$573.2bUS$205.3bUS$18.7b24.7x30.7x2.8x
Sat, 07 Jun 2025US$557.6bUS$204.0bUS$18.4b25.9x30.3x2.7x
Mon, 05 May 2025US$530.1bUS$204.0bUS$17.9b26.4x29.7x2.6x
Wed, 02 Apr 2025US$540.8bUS$203.4bUS$18.5b29x29.3x2.7x
Fri, 28 Feb 2025US$593.7bUS$202.7bUS$18.2b34.3x32.7x2.9x
Sun, 26 Jan 2025US$573.8bUS$202.4bUS$18.2b35.5x31.5x2.8x
Tue, 24 Dec 2024US$569.7bUS$202.6bUS$18.1b35.3x31.4x2.8x
Thu, 21 Nov 2024US$546.0bUS$201.1bUS$17.8b39.6x30.6x2.7x
Sat, 19 Oct 2024US$581.9bUS$202.2bUS$19.4b39.4x29.9x2.9x
Mon, 16 Sep 2024US$548.5bUS$202.6bUS$19.2b35.3x28.5x2.7x
Wed, 14 Aug 2024US$495.2bUS$202.5bUS$19.2b28.8x25.8x2.4x
Fri, 12 Jul 2024US$466.3bUS$203.0bUS$18.8b29.6x24.8x2.3x
Sun, 09 Jun 2024US$451.9bUS$203.3bUS$18.9b27.7x23.9x2.2x
Tue, 07 May 2024US$468.2bUS$203.9bUS$17.7b26.4x26.5x2.3x
Thu, 04 Apr 2024US$507.9bUS$199.2bUS$17.1b23.5x29.6x2.5x
Sat, 02 Mar 2024US$536.0bUS$199.2bUS$17.0b21.8x31.6x2.7x
Mon, 29 Jan 2024US$537.8bUS$200.5bUS$16.8b21.4x31.9x2.7x
Wed, 27 Dec 2023US$501.9bUS$199.9bUS$16.3b19.9x30.7x2.5x
Fri, 24 Nov 2023US$470.2bUS$199.4bUS$16.3b20.2x28.8x2.4x
Sun, 22 Oct 2023US$419.9bUS$198.8bUS$11.4b17.9x37x2.1x
Tue, 19 Sep 2023US$446.7bUS$198.3bUS$11.7b23.3x38.3x2.3x
Thu, 17 Aug 2023US$433.1bUS$198.2bUS$11.7b20.8x37.1x2.2x
Sat, 15 Jul 2023US$439.8bUS$200.6bUS$11.3b25x38.9x2.2x
Mon, 12 Jun 2023US$428.0bUS$200.2bUS$11.1b22.2x38.6x2.1x
Wed, 10 May 2023US$382.2bUS$201.6bUS$11.8b20.9x32.5x1.9x
Fri, 07 Apr 2023US$383.0bUS$193.9bUS$10.7b21.2x35.7x2x
Sun, 05 Mar 2023US$379.2bUS$192.9bUS$10.8b20.2x35.2x2x
Price to Earnings Ratio

35.2x


Total Market Cap: US$379.2bTotal Earnings: US$10.8bTotal Revenue: US$192.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 30.4x202420252026
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 18.1x which is lower than its 3-year average PE of 30.4x.
  • The 3-year average PS ratio of 2.4x 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 Market0.90%
Tech2.11%
IT-7.52%
IT Consulting-10.55%
Data Processing Services-1.97%
Internet Services and Infrastructure-4.39%
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
BNAI Brand Engagement NetworkUS$29.5557.9%
+US$63.2m		585.0%PS2294.9x
UIS UnisysUS$2.4611.8%
+US$18.5m		-44.2%PS0.09x
TSSI TSSUS$8.647.3%
+US$17.0m		-23.6%PE51.1x
ATGL Alpha Technology GroupUS$16.802.6%
+US$6.9m		-45.8%PS292.4x
CTM CastellumUS$0.942.9%
+US$2.5m		-3.9%PS1.8x

Latest News

UIS
US$2.46
Unisys
7D
11.8%
1Y
-44.2%
ACN
US$191.50
Accenture
7D
-14.4%
1Y
-46.6%
IBM
US$237.54
International Business Machines
7D
-8.9%
1Y
-7.2%
EPAM
US$131.08
EPAM Systems
7D
-21.8%
1Y
-38.5%

EPAM: GenAI Execution And Client Recovery Will Drive Transition Rerating

Analysts have lowered their price targets on EPAM Systems, and our updated fair value estimate has moved from about $220.67 to $207.53. This change reflects more tempered assumptions for revenue growth, margins, and future P/E as the company moves through a transition period while building out its AI business.
IT
US$149.34
Gartner
7D
-7.4%
1Y
-70.0%

IT: Fair Outlook Will Balance Expanded Buybacks With Reset Earnings Assumptions

Analysts have maintained their $150 price target for Gartner, citing a slightly higher discount rate, a modestly adjusted revenue growth outlook, a small uplift in profit margin, and a lower assumed future P/E multiple as the key factors in their updated assessment. What's in the News From October 1, 2025 to December 31, 2025, Gartner repurchased 2,233,218 shares, representing 3.06% of its shares, for $599.11 million under its existing buyback program.
DOX
US$66.45
Amdocs
7D
-4.8%
1Y
-24.3%

DOX: Reset Guidance And Shareholder Returns Will Support Future Earnings Rebound

Analysts have reduced their price targets for Amdocs by $19 and $9, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E as the main reasons for the adjustment. Analyst Commentary Recent target cuts suggest analysts are reassessing how they value Amdocs, focusing on what they see as more conservative assumptions for fair value, discount rates, revenue growth, profit margins and future P/E levels.
III
US$4.69
Information Services Group
7D
0.4%
1Y
50.8%

III: Expanded AI And Cybersecurity Research Program Will Support Future Earnings Upside

Analysts maintained their $7.17 price target on Information Services Group, citing essentially stable views on the discount rate, revenue growth, profit margin, and future P/E assumptions, which together keep their overall valuation framework intact. What's in the News ISG launched a global research study on AI driven governance, risk, compliance and fraud services for enterprises, with findings to be published in its Specialty Analytics and AI Services GRCF report planned for August 2026 (Key Developments).
DXC
US$12.05
DXC Technology
7D
-11.1%
1Y
-35.1%

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).
CTSH
US$61.33
Cognizant Technology Solutions
7D
-8.2%
1Y
-27.1%

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$29.55
Brand Engagement Network
7D
57.9%
1Y
585.0%
KD
US$12.10
Kyndryl Holdings
7D
-7.8%
1Y
-68.5%
XTIA
US$1.82
XTI Aerospace
7D
2.2%
1Y
-44.2%
TSSI
US$8.64
TSS
7D
7.3%
1Y
-23.6%

TSS (NASDAQ:TSSI) Is Experiencing Growth In Returns On Capital

Feb 05
TSS (NASDAQ:TSSI) Is Experiencing Growth In Returns On Capital
ATGL
US$16.80
Alpha Technology Group
7D
2.6%
1Y
-45.8%
TGHL
US$0.37
Growhub
7D
20.5%
1Y
n/a
CTM
US$0.94
Castellum
7D
2.9%
1Y
-3.9%