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U.S. IT Consulting Industry Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies74
  • 7D12.1%
  • 3M8.7%
  • 1Y-14.3%
  • YTDn/a

The IT Consulting industry is up 12% in the last week, with International Business Machines up 17%. Meanwhile, AIAI Holdings actually underperformed within the industry, shrinking 18% in the last week. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 7.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 May 2026US$447.2bUS$210.7bUS$21.1b15.4x21.2x2.1x
Tue, 28 Apr 2026US$393.9bUS$216.5bUS$22.8b14.1x17.3x1.8x
Thu, 26 Mar 2026US$415.5bUS$215.1bUS$22.6b14.9x18.4x1.9x
Sat, 21 Feb 2026US$447.7bUS$213.7bUS$22.5b17.4x19.9x2.1x
Mon, 19 Jan 2026US$561.5bUS$211.0bUS$20.0b23.1x28.1x2.7x
Wed, 17 Dec 2025US$587.7bUS$240.7bUS$21.3b25.3x27.6x2.4x
Fri, 14 Nov 2025US$571.2bUS$239.9bUS$21.0b22.6x27.2x2.4x
Sun, 12 Oct 2025US$527.1bUS$238.8bUS$19.6b19.8x26.9x2.2x
Tue, 09 Sep 2025US$486.1bUS$207.0bUS$18.9b20.4x25.7x2.3x
Thu, 07 Aug 2025US$481.9bUS$206.9bUS$19.2b21.4x25.2x2.3x
Sat, 05 Jul 2025US$575.8bUS$205.3bUS$18.7b25.1x30.8x2.8x
Mon, 02 Jun 2025US$553.6bUS$204.0bUS$18.4b26.8x30.1x2.7x
Wed, 30 Apr 2025US$508.7bUS$203.4bUS$18.0b26.1x28.3x2.5x
Fri, 28 Mar 2025US$544.9bUS$203.4bUS$18.4b31.4x29.5x2.7x
Sun, 23 Feb 2025US$602.1bUS$202.7bUS$18.1b39.5x33.2x3x
Tue, 21 Jan 2025US$563.7bUS$202.4bUS$18.2b35x31x2.8x
Thu, 19 Dec 2024US$571.1bUS$201.1bUS$17.8b37.6x32x2.8x
Sat, 16 Nov 2024US$556.3bUS$201.1bUS$17.8b38.7x31.2x2.8x
Mon, 14 Oct 2024US$570.0bUS$202.2bUS$19.4b41.7x29.3x2.8x
Wed, 11 Sep 2024US$531.0bUS$202.6bUS$19.2b32.6x27.6x2.6x
Fri, 09 Aug 2024US$498.3bUS$202.8bUS$19.2b29x25.9x2.5x
Sun, 07 Jul 2024US$467.6bUS$203.0bUS$18.8b30.1x24.9x2.3x
Tue, 04 Jun 2024US$444.7bUS$203.3bUS$18.9b28.1x23.6x2.2x
Thu, 02 May 2024US$452.8bUS$199.5bUS$17.7b21.4x25.6x2.3x
Sat, 30 Mar 2024US$519.1bUS$199.2bUS$17.1b22.6x30.3x2.6x
Mon, 26 Feb 2024US$540.1bUS$199.3bUS$17.0b21.3x31.7x2.7x
Wed, 24 Jan 2024US$523.8bUS$199.8bUS$16.4b21.2x31.9x2.6x
Fri, 22 Dec 2023US$488.6bUS$199.9bUS$16.3b19.8x29.9x2.4x
Sun, 19 Nov 2023US$464.5bUS$199.3bUS$16.3b19.8x28.5x2.3x
Tue, 17 Oct 2023US$428.5bUS$198.8bUS$11.4b19.8x37.7x2.2x
Thu, 14 Sep 2023US$447.1bUS$198.3bUS$11.7b20.2x38.3x2.3x
Sat, 12 Aug 2023US$437.8bUS$198.2bUS$11.7b21.3x37.4x2.2x
Mon, 10 Jul 2023US$427.4bUS$200.6bUS$11.3b24.2x37.8x2.1x
Wed, 07 Jun 2023US$424.6bUS$200.1bUS$11.1b24.2x38.2x2.1x
Price to Earnings Ratio

38.2x


Total Market Cap: US$424.6bTotal Earnings: US$11.1bTotal Revenue: US$200.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 28.9x202420252026
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 21.2x which is lower than its 3-year average PE of 28.9x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 24% 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 Market1.58%
Tech4.73%
IT13.36%
IT Consulting12.08%
Internet Services and Infrastructure14.43%
Data Processing Services-1.20%
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
IBM International Business MachinesUS$297.8017.3%
+US$41.3b		15.0%PE26.1x
ACN AccentureUS$187.074.4%
+US$4.8b		-41.0%PE15x
CTSH Cognizant Technology SolutionsUS$55.765.7%
+US$1.4b		-31.2%PE11.9x
BBAI BigBear.ai HoldingsUS$5.0420.6%
+US$411.9m		21.2%PS19x
IT GartnerUS$162.201.4%
+US$146.6m		-62.8%PE14.7x

Latest News

EFOR
US$22.68
Everforth
7D
16.3%
1Y
-57.1%
TSSI
US$16.48
TSS
7D
37.2%
1Y
14.1%
HKIT
US$1.46
Hitek Global
7D
-27.4%
1Y
-99.3%
ACN
US$187.07
Accenture
7D
4.4%
1Y
-41.0%
BBAI
US$5.04
BigBear.ai Holdings
7D
20.6%
1Y
21.2%
IBM
US$297.80
International Business Machines
7D
17.3%
1Y
15.0%
Narrative Update • May 28

This news is strategically bullish but financially asymmetric

Below is a structured investment-style analysis (in English) of how this news could affect IBM’s future earnings and valuation , incorporating both the quantum foundry (Anderon) and the Abertis consulting deal. IBM: Impact Analysis on Earnings & Valuation 1.
EPAM
US$102.46
EPAM Systems
7D
-0.2%
1Y
-41.3%
Narrative Update • May 28

EPAM: AI Partnerships And Buybacks Will Balance Execution And Margin Uncertainty

Analysts have reduced their fair value estimate for EPAM Systems to $110 from $140, reflecting a series of recent price target cuts and a shift to using a lower future P/E assumption. Views on profit margin potential, however, remain slightly more constructive.
KD
US$12.47
Kyndryl Holdings
7D
1.5%
1Y
-68.1%
Narrative Update • May 27

KD: AI Risk Prevention Capabilities Will Outweigh Legal Headwinds

Analysts have reduced their Kyndryl Holdings price target to $14.10 from $14.70 as they adjust assumptions for revenue growth, profit margins, and future P/E levels while keeping the discount rate unchanged. What's in the News Kyndryl expanded its long running modernization work with the Arizona Department of Transportation Motor Vehicle Division, adding more mobile and remote services, digitizing mail based operations and B2B services, and extending the TeleMVD program to improve access in underserved communities.
DAVA
US$3.22
Endava
7D
-3.3%
1Y
-79.1%
Narrative Update • May 25

DAVA: AI Partnerships And Delivery Improvements Will Support Future Turnaround Execution

Narrative Update on Endava Analysts have cut Endava's fair value estimate from about $8.56 to $6.51, reflecting lower price targets in the $4 to $5 range after repeated earnings misses, outlook cuts, mounting demand pressures, and ongoing questions around revenue predictability and delivery execution. Analyst Commentary Recent Street research on Endava has turned more cautious, with multiple firms cutting price targets and at least one high profile downgrade.
CTSH
US$55.76
Cognizant Technology Solutions
7D
5.7%
1Y
-31.2%
DOX
US$62.97
Amdocs
7D
0.5%
1Y
-31.4%
AIAI
US$12.83
AIAI Holdings
7D
-18.2%
1Y
n/a
UIS
US$4.59
Unisys
7D
55.6%
1Y
-3.8%
Narrative Update • May 17

UIS: Framework Wins And Partnerships Will Offset Weaker Margins And Growth Assumptions

Analysts have reset their price target on Unisys to $3.00, reflecting updated assumptions for slower revenue growth, lower profit margins, and a higher future P/E multiple, while keeping the fair value estimate unchanged at $3.00. What's in the News Unisys has been selected across all 6 lots of the UK Government Crown Commercial Service Technology Services 4 framework, giving it access to public sector clients across central government, healthcare, local authorities and emergency services under a pre-vetted procurement structure (Key Developments).
IT
US$162.20
Gartner
7D
1.4%
1Y
-62.8%
ATGL
US$14.66
Alpha Technology Group
7D
-2.3%
1Y
-44.3%
BNAI
US$14.84
Brand Engagement Network
7D
-19.8%
1Y
431.9%