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U.S. IT Consulting Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies78
  • 7D-4.1%
  • 3M-22.7%
  • 1Y-24.7%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 4.1%, driven by pullbacks in Accenture and International Business Machines of 6.1% and 2.8%, respectively. In contrast, TSS has gained 20%. However, the industry is down 25% over the past year. Looking forward, earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026US$425.3bUS$213.7bUS$22.6b17.3x18.8x2x
Thu, 12 Feb 2026US$506.2bUS$213.6bUS$22.6b18.6x22.4x2.4x
Sat, 10 Jan 2026US$592.3bUS$241.2bUS$21.2b24x28x2.5x
Mon, 08 Dec 2025US$583.9bUS$240.6bUS$21.3b24.7x27.5x2.4x
Wed, 05 Nov 2025US$565.0bUS$240.1bUS$20.9b20.5x27x2.4x
Fri, 03 Oct 2025US$541.0bUS$239.7bUS$19.6b21.2x27.6x2.3x
Sun, 31 Aug 2025US$486.0bUS$207.0bUS$18.9b23.1x25.7x2.3x
Tue, 29 Jul 2025US$530.5bUS$206.4bUS$19.0b23.5x27.9x2.6x
Thu, 26 Jun 2025US$570.7bUS$205.3bUS$18.7b24.3x30.5x2.8x
Sat, 24 May 2025US$553.2bUS$204.0bUS$18.4b26.9x30x2.7x
Mon, 21 Apr 2025US$503.6bUS$203.5bUS$18.5b26.4x27.3x2.5x
Wed, 19 Mar 2025US$561.1bUS$202.6bUS$18.3b32.9x30.6x2.8x
Fri, 14 Feb 2025US$624.2bUS$202.6bUS$18.1b39.8x34.4x3.1x
Sun, 12 Jan 2025US$552.0bUS$202.4bUS$18.2b33.7x30.3x2.7x
Tue, 10 Dec 2024US$584.5bUS$201.1bUS$17.8b41.3x32.8x2.9x
Thu, 07 Nov 2024US$536.5bUS$202.5bUS$17.7b41.1x30.4x2.6x
Sat, 05 Oct 2024US$559.4bUS$202.2bUS$19.4b42.3x28.8x2.8x
Mon, 02 Sep 2024US$531.1bUS$202.6bUS$19.2b34.5x27.6x2.6x
Wed, 31 Jul 2024US$508.6bUS$203.2bUS$19.0b30.7x26.8x2.5x
Fri, 28 Jun 2024US$466.8bUS$203.2bUS$18.8b28.5x24.8x2.3x
Sun, 26 May 2024US$463.6bUS$203.3bUS$18.9b28.3x24.6x2.3x
Tue, 23 Apr 2024US$481.1bUS$199.2bUS$17.1b21.6x28.1x2.4x
Thu, 21 Mar 2024US$543.0bUS$199.2bUS$17.0b21.8x32x2.7x
Sat, 17 Feb 2024US$536.8bUS$199.3bUS$17.0b22.8x31.6x2.7x
Mon, 15 Jan 2024US$509.7bUS$199.8bUS$16.4b20x31x2.6x
Wed, 13 Dec 2023US$494.4bUS$199.4bUS$16.3b19.4x30.3x2.5x
Fri, 10 Nov 2023US$449.0bUS$199.3bUS$16.3b20.6x27.5x2.3x
Sun, 08 Oct 2023US$440.1bUS$198.8bUS$11.4b19.8x38.7x2.2x
Tue, 05 Sep 2023US$458.9bUS$198.3bUS$11.7b21.3x39.3x2.3x
Thu, 03 Aug 2023US$444.1bUS$198.6bUS$11.6b21.6x38.1x2.2x
Sat, 01 Jul 2023US$430.7bUS$200.6bUS$11.3b23.6x38.1x2.1x
Mon, 29 May 2023US$422.4bUS$201.4bUS$10.4b23.4x40.5x2.1x
Wed, 26 Apr 2023US$367.6bUS$193.9bUS$11.0b19.9x33.4x1.9x
Fri, 24 Mar 2023US$366.8bUS$193.0bUS$10.8b20.6x34x1.9x
Price to Earnings Ratio

34x


Total Market Cap: US$366.8bTotal 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 18.8x which is lower than its 3-year average PE of 30.1x.
  • 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-2.40%
Tech-2.42%
IT-2.53%
IT Consulting-4.13%
Internet Services and Infrastructure-0.92%
Data Processing Services-5.20%
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
CINT CI&TUS$5.5210.4%
+US$62.2m		-14.4%PE17.5x
TSSI TSSUS$12.1221.3%
+US$61.4m		29.3%PE23.1x
ATGL Alpha Technology GroupUS$19.4918.0%
+US$48.9m		-33.7%PS339.7x
WYY WidePointUS$4.9810.9%
+US$4.8m		39.5%PS0.3x
TAOP TaopingUS$1.7333.1%
+US$4.0m		-80.4%PS0.4x

Latest News

DOX
US$66.64
Amdocs
7D
-3.8%
1Y
-25.0%
ACN
US$199.31
Accenture
7D
-4.8%
1Y
-38.8%
CTSH
US$61.05
Cognizant Technology Solutions
7D
-5.6%
1Y
-23.7%

CTSH: AI Partnerships And New Contracts Will Support Future Upside Potential

The analyst price target for Cognizant Technology Solutions has been trimmed by about $1, reflecting a modestly higher discount rate and a slightly lower assumed future P/E as analysts balance pressure on traditional services from GenAI with expectations for new AI-driven value pools to scale. Analyst Commentary Recent Street research on Cognizant Technology Solutions reflects a mix of constructive and cautious views, with several firms adjusting price targets both higher and lower as they reassess the impact of GenAI on traditional IT services and potential new AI related revenue streams.
HKIT
US$1.06
Hitek Global
7D
11.5%
1Y
-15.4%
IBM
US$249.25
International Business Machines
7D
-1.6%
1Y
-1.5%
TSSI
US$12.12
TSS
7D
21.3%
1Y
29.3%
CINT
US$5.52
CI&T
7D
10.4%
1Y
-14.4%
KD
US$12.31
Kyndryl Holdings
7D
-5.9%
1Y
-65.3%

KD: Buybacks And AI Security Services Will Support Future Upside

Analysts kept their $19.00 price target for Kyndryl Holdings unchanged, reflecting consistent assumptions around revenue growth, profit margin, and future P/E, despite a recent review of their valuation framework. What's in the News Kyndryl reported a delay in filing its Form 10-Q for the quarter ended December 31, 2025, and disclosed that it will not meet the SEC deadline for its next 10-Q filing (Delayed SEC Filings).
MLGO
US$3.89
MicroAlgo
7D
5.4%
1Y
-96.7%
WYY
US$4.98
WidePoint
7D
10.9%
1Y
39.5%
IT
US$160.25
Gartner
7D
-3.7%
1Y
-65.3%
EPAM
US$137.05
EPAM Systems
7D
-6.3%
1Y
-26.4%

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.
ATGL
US$19.49
Alpha Technology Group
7D
18.0%
1Y
-33.7%
GLOB
US$44.46
Globant
7D
-11.8%
1Y
-67.3%

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.
CSPI
US$8.84
CSP
7D
1.6%
1Y
-48.5%
TAOP
US$1.73
Taoping
7D
33.1%
1Y
-80.4%

A Piece Of The Puzzle Missing From Taoping Inc.'s (NASDAQ:TAOP) 27% Share Price Climb

Jan 30
A Piece Of The Puzzle Missing From Taoping Inc.'s (NASDAQ:TAOP) 27% Share Price Climb