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U.S. IT Consulting Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies78
  • 7D-4.4%
  • 3M-20.2%
  • 1Y-26.5%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 4.4%, driven by International Business Machines declining 6.6%. Overall the industry is down 26% in 12 months. Earnings are forecast to grow by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026US$429.1bUS$213.7bUS$22.5b17.2x19.1x2x
Wed, 28 Jan 2026US$550.3bUS$211.1bUS$20.0b19.8x27.5x2.6x
Fri, 26 Dec 2025US$584.3bUS$241.6bUS$21.2b21.1x27.6x2.4x
Sun, 23 Nov 2025US$559.6bUS$240.4bUS$21.3b23.5x26.3x2.3x
Tue, 21 Oct 2025US$532.3bUS$239.0bUS$19.6b20.1x27.2x2.2x
Thu, 18 Sep 2025US$480.5bUS$207.1bUS$18.9b21.3x25.4x2.3x
Sat, 16 Aug 2025US$468.9bUS$207.1bUS$18.9b21.5x24.8x2.3x
Mon, 14 Jul 2025US$544.7bUS$205.2bUS$18.7b23.5x29.1x2.7x
Wed, 11 Jun 2025US$564.6bUS$204.0bUS$18.4b26.1x30.6x2.8x
Fri, 09 May 2025US$538.4bUS$204.0bUS$18.0b28.4x30x2.6x
Sun, 06 Apr 2025US$492.8bUS$203.4bUS$18.5b26.1x26.7x2.4x
Tue, 04 Mar 2025US$583.0bUS$202.7bUS$18.1b37.4x32.1x2.9x
Thu, 30 Jan 2025US$586.2bUS$202.4bUS$18.2b36.1x32.2x2.9x
Sat, 28 Dec 2024US$567.9bUS$202.6bUS$18.1b35.3x31.3x2.8x
Mon, 25 Nov 2024US$566.5bUS$201.1bUS$17.8b39.2x31.8x2.8x
Wed, 23 Oct 2024US$580.7bUS$202.2bUS$19.4b39.2x29.9x2.9x
Fri, 20 Sep 2024US$538.1bUS$202.7bUS$19.2b30.2x28x2.7x
Sun, 18 Aug 2024US$512.0bUS$202.6bUS$19.2b35.3x26.6x2.5x
Tue, 16 Jul 2024US$485.6bUS$203.0bUS$18.8b29.1x25.8x2.4x
Thu, 13 Jun 2024US$455.8bUS$203.3bUS$18.9b27.6x24.1x2.2x
Sat, 11 May 2024US$463.2bUS$203.4bUS$18.3b24.6x25.3x2.3x
Mon, 08 Apr 2024US$505.6bUS$199.2bUS$17.1b23.1x29.5x2.5x
Wed, 06 Mar 2024US$549.5bUS$199.2bUS$17.0b20.5x32.4x2.8x
Fri, 02 Feb 2024US$538.0bUS$200.5bUS$16.8b21.4x31.9x2.7x
Sun, 31 Dec 2023US$501.9bUS$199.9bUS$16.3b19.7x30.8x2.5x
Tue, 28 Nov 2023US$474.3bUS$199.4bUS$16.3b20x29.1x2.4x
Thu, 26 Oct 2023US$413.1bUS$198.8bUS$11.4b17.8x36.4x2.1x
Sat, 23 Sep 2023US$448.8bUS$198.3bUS$11.7b21.8x38.5x2.3x
Mon, 21 Aug 2023US$430.3bUS$198.3bUS$11.7b20x36.8x2.2x
Wed, 19 Jul 2023US$447.8bUS$200.6bUS$11.3b25.9x39.6x2.2x
Fri, 16 Jun 2023US$437.1bUS$200.2bUS$11.1b24.2x39.4x2.2x
Sun, 14 May 2023US$392.8bUS$201.7bUS$11.7b21.1x33.5x1.9x
Tue, 11 Apr 2023US$384.4bUS$193.9bUS$10.7b21.7x35.8x2x
Thu, 09 Mar 2023US$373.2bUS$192.9bUS$10.8b20.1x34.6x1.9x
Price to Earnings Ratio

34.6x


Total Market Cap: US$373.2bTotal 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 30.3x202420252026
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 19.1x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 2.4x 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-0.57%
Tech-2.05%
IT-4.14%
IT Consulting-4.43%
Data Processing Services3.26%
Internet Services and Infrastructure-3.85%
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$240.217.5%
+US$16.6b		-4.0%PE21.3x
CTSH Cognizant Technology SolutionsUS$64.435.4%
+US$1.6b		-22.8%PE13.8x
IT GartnerUS$157.208.4%
+US$861.6m		-68.0%PE15.2x
EPAM EPAM SystemsUS$141.008.5%
+US$454.4m		-29.0%PE20.2x
GLOB GlobantUS$49.7619.7%
+US$317.7m		-65.3%PE20.9x

Latest News

GLOB
US$49.76
Globant
7D
19.7%
1Y
-65.3%
CTSH
US$64.43
Cognizant Technology Solutions
7D
5.4%
1Y
-22.8%

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.
IBM
US$240.21
International Business Machines
7D
7.5%
1Y
-4.0%
RSSS
US$2.32
Research Solutions
7D
-3.3%
1Y
-22.4%
ACN
US$208.72
Accenture
7D
-3.1%
1Y
-40.1%

AI Infrastructure And Cloud Reinvention Will Transform This Consulting Leader Over The Next Decade

Catalysts About Accenture Accenture is a global professional services firm that helps enterprises use technology and consulting services to reinvent their operations and customer experiences. What are the underlying business or industry changes driving this perspective?
KD
US$12.33
Kyndryl Holdings
7D
8.1%
1Y
-67.1%

KD: AI Security Services And Buybacks Will Support Future Upside

Analysts have revised their price target on Kyndryl Holdings from $25.33 to $19.00. The change reflects updated views on more moderate revenue growth assumptions, a lower profit margin outlook, and a slightly higher future P/E multiple.
ASGN
US$42.90
ASGN
7D
-5.2%
1Y
-36.3%
RPGL
US$1.99
Republic Power Group
7D
-63.7%
1Y
n/a
EPAM
US$141.00
EPAM Systems
7D
8.5%
1Y
-29.0%

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.
DAVA
US$4.68
Endava
7D
-5.3%
1Y
-80.4%

DAVA: Shares Will Recover As Earnings Reset And Buybacks Support Upside Potential

Analysts have trimmed their Endava price targets, with recent cuts such as $10 to $9 and other reductions contributing to a lower fair value estimate and updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Endava reflects a more cautious stance, with price targets being reset lower and ratings held at neutral rather than skewing positive.
IT
US$157.20
Gartner
7D
8.4%
1Y
-68.0%

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$69.80
Amdocs
7D
-0.5%
1Y
-20.0%

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.
DXC
US$12.59
DXC Technology
7D
6.2%
1Y
-30.4%

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).
BNAI
US$35.68
Brand Engagement Network
7D
77.4%
1Y
931.2%
CHOW
US$0.52
ChowChow Cloud International Holdings
7D
-10.9%
1Y
n/a
UBXG
US$1.82
U-BX Technology
7D
-4.2%
1Y
-38.3%