Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. IT Consulting Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies79
  • 7D-6.2%
  • 3M-23.4%
  • 1Y-22.9%
  • 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. In contrast, TSS has gained 32%. However, the industry is down 23% 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
Sun, 15 Mar 2026US$426.2bUS$213.7bUS$22.6b16x18.9x2x
Tue, 10 Feb 2026US$516.7bUS$213.4bUS$22.8b19.1x22.7x2.4x
Thu, 08 Jan 2026US$588.6bUS$241.4bUS$21.2b23.2x27.8x2.4x
Sat, 06 Dec 2025US$585.6bUS$240.6bUS$21.3b24.7x27.5x2.4x
Mon, 03 Nov 2025US$571.5bUS$239.9bUS$21.3b21.4x26.8x2.4x
Wed, 01 Oct 2025US$506.4bUS$208.2bUS$18.6b20.8x27.2x2.4x
Fri, 29 Aug 2025US$484.9bUS$207.0bUS$18.9b22.9x25.7x2.3x
Sun, 27 Jul 2025US$530.5bUS$206.4bUS$19.0b24.4x27.9x2.6x
Tue, 24 Jun 2025US$553.2bUS$205.3bUS$18.7b24.1x29.6x2.7x
Thu, 22 May 2025US$564.9bUS$204.0bUS$18.4b27.2x30.7x2.8x
Sat, 19 Apr 2025US$503.6bUS$203.5bUS$18.5b26.4x27.3x2.5x
Mon, 17 Mar 2025US$551.0bUS$202.6bUS$18.3b33x30.1x2.7x
Wed, 12 Feb 2025US$617.0bUS$202.6bUS$18.1b39.2x34x3x
Fri, 10 Jan 2025US$562.2bUS$202.4bUS$18.2b34.2x30.9x2.8x
Sun, 08 Dec 2024US$584.5bUS$201.1bUS$17.8b41.7x32.8x2.9x
Tue, 05 Nov 2024US$535.1bUS$202.4bUS$17.4b43.8x30.7x2.6x
Thu, 03 Oct 2024US$564.1bUS$203.1bUS$19.5b38.3x28.9x2.8x
Sat, 31 Aug 2024US$526.1bUS$202.6bUS$19.2b34.5x27.4x2.6x
Mon, 29 Jul 2024US$510.1bUS$203.2bUS$19.0b30.6x26.8x2.5x
Wed, 26 Jun 2024US$471.9bUS$203.2bUS$18.8b29.2x25.1x2.3x
Fri, 24 May 2024US$472.5bUS$203.3bUS$18.9b26.2x25x2.3x
Sun, 21 Apr 2024US$481.1bUS$199.2bUS$17.1b21.6x28.1x2.4x
Tue, 19 Mar 2024US$537.4bUS$199.1bUS$17.0b21.9x31.6x2.7x
Thu, 15 Feb 2024US$523.3bUS$199.2bUS$17.1b22.4x30.6x2.6x
Sat, 13 Jan 2024US$509.7bUS$199.8bUS$16.4b20x31x2.6x
Mon, 11 Dec 2023US$486.1bUS$199.4bUS$16.3b20.4x29.8x2.4x
Wed, 08 Nov 2023US$446.5bUS$199.4bUS$16.2b19.1x27.6x2.2x
Fri, 06 Oct 2023US$436.7bUS$198.8bUS$11.4b18.9x38.4x2.2x
Sun, 03 Sep 2023US$458.9bUS$198.3bUS$11.7b21.3x39.3x2.3x
Tue, 01 Aug 2023US$445.8bUS$200.5bUS$11.4b21.6x39x2.2x
Thu, 29 Jun 2023US$422.1bUS$200.6bUS$11.3b22.7x37.3x2.1x
Sat, 27 May 2023US$422.4bUS$201.4bUS$10.4b23.4x40.5x2.1x
Mon, 24 Apr 2023US$373.2bUS$193.9bUS$11.0b21.7x33.9x1.9x
Wed, 22 Mar 2023US$362.5bUS$193.0bUS$10.8b20.7x33.6x1.9x
Price to Earnings Ratio

33.6x


Total Market Cap: US$362.5bTotal 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 18.9x which is lower than its 3-year average PE of 30.2x.
  • 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-1.64%
Tech-0.75%
IT-2.95%
IT Consulting-6.19%
Internet Services and Infrastructure0.40%
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$11.9531.9%
+US$83.4m		23.8%PE22.8x
CINT CI&TUS$5.467.7%
+US$45.4m		-15.2%PE17.3x
HKIT Hitek GlobalUS$1.0210.9%
+US$2.9m		-17.7%PS16.5x
XTIA XTI AerospaceUS$2.712.7%
+US$2.4m		-4.9%PS20.3x
CSPI CSPUS$8.932.5%
+US$2.2m		-44.4%PS1.6x

Latest News

HKIT
US$1.02
Hitek Global
7D
10.9%
1Y
-17.7%
ASGN
US$36.41
ASGN
7D
-15.1%
1Y
-46.5%
IBM
US$246.28
International Business Machines
7D
-4.9%
1Y
-0.8%
TSSI
US$11.95
TSS
7D
31.9%
1Y
23.8%
CINT
US$5.46
CI&T
7D
7.7%
1Y
-15.2%
ACN
US$196.65
Accenture
7D
-8.5%
1Y
-38.3%

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
4.3%
1Y
-96.8%
EPAM
US$137.14
EPAM Systems
7D
-6.0%
1Y
-24.9%

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
-4.8%
1Y
-24.6%

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.
CTSH
US$60.37
Cognizant Technology Solutions
7D
-8.9%
1Y
-23.7%

CTSH: AI Partnerships And New Long Term Deals Will Support Upside

The analyst price target for Cognizant Technology Solutions has been trimmed by less than $1, as analysts balance slightly lower fair value and growth assumptions with recent mixed target changes across the Street and growing interest in the company’s AI traction. Analyst Commentary Recent research on Cognizant Technology Solutions has been active, with several firms adjusting price targets in both directions and a series of fresh initiations and upgrades.
XTIA
US$2.71
XTI Aerospace
7D
2.7%
1Y
-4.9%
CSPI
US$8.93
CSP
7D
2.5%
1Y
-44.4%
TDTH
US$0.22
Trident Digital Tech Holdings
7D
7.4%
1Y
-78.0%