
Hackett Group (HCKT) Stock Forecast & Price Target
Hackett Group (HCKT) Analyst Ratings
Bulls say
The Hackett Group has demonstrated strong momentum in generative AI, achieving notable growth in net revenue driven by increased demand for its consulting and implementation services. The company's overall net revenue forecast reflects a year-over-year increase of 1%, along with a sequential increase of 1%, highlighting steady financial performance. Additionally, the anticipated benefits from Oracle's re-establishment of its EPM direct sales force suggest potential for further revenue enhancement in the upcoming periods.
Bears say
The Hackett Group is projected to experience a mixed revenue performance, with a 5% growth in the Global Strategy and Business Transformation (GSBT) segment being dampened by a 6% decline in Oracle Solutions (OSOL) revenue. Furthermore, SAP Solutions (SS) revenue is expected to remain flat year-over-year, indicating stagnant growth in this segment amid broader challenges. The overall outlook is further weakened by the anticipated negative impact of the wind down of a significant Oracle project, despite some counterbalancing strength in enterprise performance management (EPM) demand.
This aggregate rating is based on analysts' research of Hackett Group and is not a guaranteed prediction by Public.com or investment advice.
Hackett Group (HCKT) Analyst Forecast & Price Prediction
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