Wrapping up Q2 earnings, we look at the numbers and key takeaways for the it services & consulting stocks, including Gartner (NYSE: IT) and its peers.
IT Services & Consulting companies stand to benefit from increasing enterprise demand for digital transformation, AI-driven automation, and cybersecurity resilience. Many enterprises can't attack these topics alone and need IT services and consulting on everything from technical advice to implementation. Challenges in meeting these needs will include finding talent in specialized and evolving IT fields. While AI and automation can enhance productivity, they also threaten to commoditize certain consulting functions. Another ongoing challenge will be pricing pressures from offshore IT service providers, which have lower labor costs and increasingly equal access to advanced technology like AI.
The 8 it services & consulting stocks we track reported a satisfactory Q2. As a group, revenues were in line with analysts’ consensus estimates while next quarter’s revenue guidance was 0.7% below.
Luckily, it services & consulting stocks have performed well with share prices up 13.4% on average since the latest earnings results.
Best Q2: Gartner (NYSE: IT)
With over 2,500 research experts guiding organizations through complex technology landscapes, Gartner (NYSE: IT) provides research, advisory services, and conferences that help executives make better decisions about technology and other business priorities.
Gartner reported revenues of $1.68 billion, flat year on year. This print exceeded analysts’ expectations by 1.8%. Overall, it was an exceptional quarter for the company with a beat of analysts’ EPS estimates.
Gartner scored the biggest analyst estimate beat among its peers. Unsurprisingly, the stock is up 30.8% since reporting and currently trades at $198.26.
Is now the time to buy Gartner? Access our full analysis of the earnings results here, it’s free.
Everforth (NYSE: EFOR)
Evolving from its roots in IT staffing to become a high-end technology consulting powerhouse, Everforth (EFOR) provides specialized IT consulting services and staffing solutions to Fortune 1000 companies and U.S. federal government agencies.
Everforth reported revenues of $1.01 billion, down 1.3% year on year, outperforming analysts’ expectations by 1.6%. The business had an exceptional quarter with a solid beat of analysts’ EPS guidance for next quarter estimates and a beat of analysts’ EPS estimates.
Everforth delivered the highest guidance raise of the whole group. The market seems happy with the results as the stock is up 38.5% since reporting. It currently trades at $32.42.
Is now the time to buy Everforth? Access our full analysis of the earnings results here, it’s free.
Weakest Q2: Accenture (NYSE: ACN)
With a workforce of approximately 774,000 people serving clients in more than 120 countries, Accenture (NYSE: ACN) is a professional services firm that helps organizations transform their businesses through consulting, technology, operations, and digital services.
Accenture reported revenues of $18.72 billion, up 5.6% year on year, in line with analysts’ expectations. It was a slower quarter as it posted revenue guidance for next quarter missing analysts’ expectations.
Accenture delivered the weakest guidance update in the group. Interestingly, the stock is up 13.3% since the results and currently trades at $189.77.
Read our full analysis of Accenture’s results here.
IBM (NYSE: IBM)
With a corporate history spanning over a century and once known for its iconic mainframe computers, IBM (NYSE: IBM) provides hybrid cloud computing platforms, AI solutions, consulting services, and enterprise infrastructure to help businesses modernize their operations.
IBM reported revenues of $17.16 billion, up 1.1% year on year. This result came in 1.5% below analysts’ expectations. Overall, it was a slower quarter as it also recorded EPS in line with analysts’ estimates.
IBM had the weakest performance against analyst estimates among its peers. The stock is up 13.6% since reporting and currently trades at $233.75.
Read our full, actionable report on IBM here, it’s free.
Kyndryl (NYSE: KD)
Born from IBM's managed infrastructure services business in a 2021 spinoff, Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider that designs, builds, and manages technology environments for enterprise customers.
Kyndryl reported revenues of $3.62 billion, down 3.3% year on year. This print missed analysts’ expectations by 0.7%. Zooming out, it was actually a very strong quarter as it recorded a beat of analysts’ EPS estimates.
The stock is down 8.5% since reporting and currently trades at $13.44.
Read our full, actionable report on Kyndryl here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
