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U.S. IT Consulting Industry Analysis

UpdatedDec 29, 2025
DataAggregated Company Financials
Companies84
  • 7D0.4%
  • 3M7.8%
  • 1Y0.9%
  • YTDn/a

In the last week, the IT Consulting industry is flat overall, with BigBear.ai Holdings standing out by going down 10%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 9.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Dec 2025US$585.6bUS$241.4bUS$21.2b21.2x27.6x2.4x
Wed, 26 Nov 2025US$561.3bUS$240.3bUS$21.3b23.6x26.4x2.3x
Fri, 24 Oct 2025US$542.6bUS$239.9bUS$21.6b21x25.1x2.3x
Sun, 21 Sep 2025US$489.7bUS$207.0bUS$18.9b21.8x25.9x2.4x
Tue, 19 Aug 2025US$470.9bUS$207.0bUS$18.9b21.8x24.9x2.3x
Thu, 17 Jul 2025US$540.9bUS$205.2bUS$18.7b23x28.9x2.6x
Sat, 14 Jun 2025US$572.8bUS$204.0bUS$18.4b25.4x31.1x2.8x
Mon, 12 May 2025US$538.8bUS$204.0bUS$18.0b28.5x30x2.6x
Wed, 09 Apr 2025US$489.4bUS$203.4bUS$18.5b25.4x26.5x2.4x
Fri, 07 Mar 2025US$580.7bUS$202.7bUS$18.2b37.4x32x2.9x
Sun, 02 Feb 2025US$619.3bUS$202.6bUS$17.9b39.3x34.7x3.1x
Tue, 31 Dec 2024US$562.2bUS$202.4bUS$18.2b35.2x30.9x2.8x
Thu, 28 Nov 2024US$576.7bUS$201.1bUS$17.8b40.8x32.3x2.9x
Sat, 26 Oct 2024US$557.8bUS$202.3bUS$17.4b38.9x32.1x2.8x
Mon, 23 Sep 2024US$541.4bUS$202.7bUS$19.2b37.8x28.2x2.7x
Wed, 21 Aug 2024US$514.9bUS$202.6bUS$19.2b35.3x26.8x2.5x
Fri, 19 Jul 2024US$503.5bUS$203.0bUS$18.8b30.5x26.8x2.5x
Sun, 16 Jun 2024US$449.0bUS$203.3bUS$18.9b27.6x23.8x2.2x
Tue, 14 May 2024US$466.4bUS$203.4bUS$18.3b25.6x25.5x2.3x
Thu, 11 Apr 2024US$508.3bUS$199.2bUS$17.1b23.3x29.6x2.6x
Sat, 09 Mar 2024US$546.3bUS$199.2bUS$17.0b23.2x32.2x2.7x
Mon, 05 Feb 2024US$538.5bUS$200.3bUS$16.9b21.1x31.8x2.7x
Wed, 03 Jan 2024US$494.6bUS$199.9bUS$16.3b20.2x30.3x2.5x
Fri, 01 Dec 2023US$475.4bUS$199.4bUS$16.3b20.3x29.1x2.4x
Sun, 29 Oct 2023US$414.9bUS$199.5bUS$16.3b17.5x25.5x2.1x
Tue, 26 Sep 2023US$449.7bUS$198.3bUS$11.7b22.5x38.5x2.3x
Thu, 24 Aug 2023US$443.7bUS$198.3bUS$11.7b18.3x38x2.2x
Sat, 22 Jul 2023US$441.6bUS$200.5bUS$11.4b24.3x38.6x2.2x
Mon, 19 Jun 2023US$441.8bUS$200.2bUS$11.1b24.4x39.8x2.2x
Wed, 17 May 2023US$396.4bUS$201.7bUS$11.7b21.7x33.9x2x
Fri, 14 Apr 2023US$384.9bUS$193.9bUS$10.7b22.6x35.8x2x
Sun, 12 Mar 2023US$359.8bUS$192.9bUS$10.8b20.1x33.4x1.9x
Tue, 07 Feb 2023US$400.9bUS$192.5bUS$10.7b20.6x37.4x2.1x
Thu, 05 Jan 2023US$389.6bUS$192.8bUS$10.4b20.2x37.4x2x
Price to Earnings Ratio

37.4x


Total Market Cap: US$389.6bTotal Earnings: US$10.4bTotal Revenue: US$192.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. IT Consulting Industry Price to Earnings3Y Average 31x20242025
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 27.6x which is lower than its 3-year average PE of 31.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 Market0.61%
Tech1.13%
IT-0.28%
IT Consulting0.43%
Data Processing Services0.067%
Internet Services and Infrastructure-1.07%
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$305.090.8%
+US$2.1b		38.5%PE36x
ACN AccentureUS$271.090.2%
+US$258.4m		-23.1%PE21.9x
DOX AmdocsUS$81.732.0%
+US$176.0m		-4.2%PE15.6x
CTSH Cognizant Technology SolutionsUS$85.570.4%
+US$173.8m		11.5%PE19.4x
IT GartnerUS$252.610.9%
+US$155.0m		-48.0%PE20.6x

Latest News

GLOB
US$67.48
Globant
7D
-1.1%
1Y
-69.0%

Globant's (NYSE:GLOB) Returns On Capital Not Reflecting Well On The Business

Dec 27
Globant's (NYSE:GLOB) Returns On Capital Not Reflecting Well On The Business
DAVA
US$6.62
Endava
7D
-2.9%
1Y
-78.7%

DAVA: Shares Are Expected To Recover As Client Credit Pressures Ease

Endava's analyst price target has been cut from $10 to $8 as analysts point to missed growth guidance, ongoing pressure from client credit issues and weak pipeline conversion, and a more challenging setup for a near term growth recovery. Analyst Commentary Bearish analysts are signaling a more cautious stance on Endava, citing a combination of weaker than expected execution and an increasingly uncertain growth outlook.
ASGN
US$50.02
ASGN
7D
2.0%
1Y
-40.1%

ASGN: AI-Focused Services Will Drive Upside Despite Lower Price Expectations

Analysts have trimmed their price target on ASGN by $12 to reflect softer revenue growth assumptions and a higher discount rate, while still seeing upside potential from the company’s above-consensus long term financial targets and emerging AI opportunities. Analyst Commentary Bullish analysts acknowledge a more conservative valuation framework for ASGN, but emphasize that the latest price target reset still embeds meaningful upside relative to the current share price.
ACN
US$271.09
Accenture
7D
0.2%
1Y
-23.1%
BBAI
US$5.73
BigBear.ai Holdings
7D
-10.3%
1Y
19.1%

BBAI: Airport Platform Rollout And 2025 Revenue Outlook Will Drive Future Performance

Analysts have modestly raised their price target on BigBear.ai Holdings by approximately 0.2 percent to about 6.67 dollars. This change reflects marginal adjustments to discount-rate and long-term valuation assumptions rather than any major shift in the company’s fundamental outlook.
DOX
US$81.73
Amdocs
7D
2.0%
1Y
-4.2%
IT
US$252.61
Gartner
7D
0.9%
1Y
-48.0%

IT: Share Repurchases Will Drive Future Upside As Core Business Strengthens

Analysts have made a slight downward revision to their price target for Gartner, trimming fair value by about $0.55 per share. This reflects modestly higher discount rate assumptions and marginally lower long term valuation multiples, while growth and margin expectations remain essentially unchanged.
HKIT
US$2.19
Hitek Global
7D
10.1%
1Y
45.0%
CINT
US$4.34
CI&T
7D
-6.3%
1Y
-28.1%
KD
US$27.22
Kyndryl Holdings
7D
0.2%
1Y
-21.2%

KD: Agentic AI And Quantum Safe Services Will Drive Future Upside

Analysts have modestly increased their price target for Kyndryl Holdings to 37.60 dollars per share, reflecting slightly lower discount rate assumptions and marginally more favorable long term profitability and valuation expectations. What's in the News Launched Quantum Safe Assessment services to identify cryptographic vulnerabilities across enterprise IT estates and to build roadmaps for transition to post quantum cryptography and Zero Trust aligned security (company announcement) Introduced new agentic AI powered mainframe services on IBM z/OS to automate operations, improve reliability and bring AI inferencing closer to mission critical data via Kyndryl Bridge and IBM Watsonx Assistant for Z (company announcement) Expanded Kyndryl Agentic AI Framework with Digital Trust controls to govern, monitor and secure AI agents across hybrid and multi cloud environments, targeting highly regulated industries (company announcement) Unveiled new advisory and change management services to help customers reskill workforces and redesign processes to scale agentic AI, addressing gaps highlighted in Kyndryl's 2025 Readiness Report (company announcement) Renewed and expanded multi year partnerships with Vodafone Idea and Dow to modernize infrastructure, automate IT operations and strengthen cyber resilience using Kyndryl Bridge and AI driven services (company announcements) Valuation Changes Fair value estimate maintained at 37.60 dollars per share, indicating no change in the intrinsic value assessment.
ATGL
US$21.04
Alpha Technology Group
7D
-10.1%
1Y
39.6%
DXC
US$15.10
DXC Technology
7D
-1.5%
1Y
-24.6%

DXC Technology Company (NYSE:DXC) Shares Fly 28% But Investors Aren't Buying For Growth

Dec 19
DXC Technology Company (NYSE:DXC) Shares Fly 28% But Investors Aren't Buying For Growth
IBM
US$305.09
International Business Machines
7D
0.8%
1Y
38.5%

IBM: Quantum Optionality And Software Execution Will Drive Returns Amid Workforce Shift

Analysts have nudged their fair value estimate for International Business Machines slightly higher, lifting the price target by about $3 to reflect steady core software execution, improving long term quantum revenue optionality, and modestly richer earnings multiples, despite only incremental changes to growth and margin assumptions. Analyst Commentary Recent Street research presents a mixed but generally constructive view on IBM, with several bullish analysts lifting price targets on the back of solid execution in software, consulting, and emerging quantum capabilities, while more cautious voices point to valuation and growth hurdles that still need to be cleared.
TSSI
US$7.11
TSS
7D
-8.3%
1Y
-40.1%
GDYN
US$9.28
Grid Dynamics Holdings
7D
-2.5%
1Y
-58.8%

GDYN: AI Fears Will Fade As Margin Expansion Drives Future Upside

Analysts have modestly lowered their price target on Grid Dynamics Holdings from $15.00 to $14.00 per share, citing slightly slower expected revenue growth, offset by improving profit margins and a view that current artificial-intelligence-related valuation fears are transient. Analyst Commentary Bullish analysts note that recent coverage initiations reinforce a constructive view on Grid Dynamics, highlighting an attractive entry point relative to long term growth prospects.
CTSH
US$85.57
Cognizant Technology Solutions
7D
0.4%
1Y
11.5%