
Hackett Group (HCKT) Stock Forecast & Price Target
Hackett Group (HCKT) Analyst Ratings
Bulls say
The Hackett Group has demonstrated strong momentum in generative AI, with a notable increase in net revenue driven by robust demand for its consulting and implementation services. The company is forecasting a year-over-year and sequential increase of 1% in total net revenue, reflecting its stable growth trajectory. Additionally, the re-establishment of Oracle's Enterprise Performance Management (EPM) direct sales force is anticipated to further enhance revenue generation in the coming periods.
Bears say
The Hackett Group's outlook is challenged by a projected 6% decline in net revenue from its Oracle Solutions segment, which is expected to negatively affect overall financial performance despite a 5% growth anticipated in the Global Strategy and Business Transformation segment. The SAP Solutions segment is expected to remain relatively flat year-over-year, indicating a lack of significant growth potential in this area. Additionally, the Oracle business faces further pressure due to the wind down of a large project, which underscores the vulnerability of Hackett Group's revenue streams in its core segments.
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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