Huron Consulting (HURN) AI Stock Analysis

• Market Cap: $2.20B
• Dividend Yield: N/A
• Average Volume (3M): 392.19K
• Price to Earnings (P/E): 28.7
• Beta (1Y): 0.70
• Revenue Growth: 12.50%
• EPS Growth: 29.40%
• Country: US
• Employees: 6,405
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): 2.17
• Shares Outstanding: 16,922,924
• 10 Day Avg. Volume: 240,862
• 30 Day Avg. Volume: 392,193
• PEG Ratio: -3.74
• Price to Book (P/B): 5.71
• Price to Sales (P/S): 1.78
• P/FCF Ratio: 16.49
• Enterprise Value/Market Cap: 1.26
• Enterprise Value/Revenue: 1.64
• Enterprise Value/Gross Profit: 5.28
• Enterprise Value/Ebitda: 12.72
• 1Y Price Target: $207.33
• Price Target Upside: 59.64% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 8.77
• Revenue Forecast (FY): $1.82B

• Rating: 71 Outperform
• Price Target: $141.00 ▲(8.57% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is driven primarily by strong financial performance (growth, cash generation, and improved leverage) and supportive earnings-call guidance for continued revenue and earnings expansion. Offsetting these positives, technical indicators show clear bearish momentum with the stock trading below key moving averages, while valuation appears moderate without dividend support.

Positive Factors

Sustained revenue growth & strong backlog

Multi-year RBR growth and the strongest backlog coverage in five years provide durable revenue visibility across consulting engagements. A healthy pipeline reduces short-term volatility in billings, supports predictable utilization planning, and underpins multi-quarter revenue expansion across core end markets.

Strong cash generation and de-leveraging

Consistent operating and free cash flow near net income demonstrates robust cash conversion capacity. Reduced net debt and lower leverage expand financial flexibility for reinvestment, M&A, and shareholder returns while lowering refinancing and solvency risk over the coming 2–6 months.

Expanding digital & AI revenue mix

A large and growing digital/AI mix shifts revenue toward higher-value, scalable services. Structural adoption of automation and analytics across clients supports durable margin expansion potential, recurring managed-service opportunities, and differentiation versus traditional time-based consulting models.

Negative Factors

2025 margin data inconsistency

Unclear or inconsistent 2025 margin reporting limits confidence in underlying profitability trends and hinders reliable forecasting. That ambiguity raises execution risk for margin expansion targets and complicates capital-allocation decisions over the medium term until quality and disclosure are clarified.

Segment margin pressure & higher corporate costs

Compression in Education and Commercial segment margins, plus rising unallocated corporate overhead, indicate cost and integration pressures that can erode adjusted profitability. If structural (hiring, contractor mix, M&A costs), these trends may persist and limit net margin recovery despite revenue growth.

Elevated receivables and moderate cash conversion

High DSO and a moderate cash-conversion ratio point to working-capital timing risk that can amplify cash-flow volatility. Large project receivables in Healthcare and Education can delay collections, constraining liquidity and increasing sensitivity to client payment cycles during the next several quarters.

Huron Consulting Business Overview & Revenue Model

Company Description

Huron Consulting Group Inc., a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans. The Business Advisory segment offers cloud-based technology, analytics, restructuring, and capital advisory solutions to life science, financial, healthcare, education, energy and utilities, and industrials and manufacturing industries, as well as to public sectors. The Education segment provides research enterprise and student lifecycle; digital, technology and analytic solutions; and organizational transformation services to public and private colleges and universities, academic medical centers, research institutes, and other not-for-profit organizations. Huron Consulting Group Inc. was incorporated in 2002 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Huron primarily makes money by billing clients for professional services delivered through consulting engagements and, where applicable, ongoing managed services. Revenue is largely generated from (1) time-and-materials and other fee-based consulting projects where Huron charges hourly or daily rates for consultants and subject-matter experts, (2) fixed-fee or milestone-based engagements tied to defined scopes and deliverables (for example, transformation programs, operational improvement initiatives, or technology-related implementations), and (3) managed services arrangements in which Huron provides continuous operational or administrative support for specific functions under longer-term contracts and earns recurring fees. The company’s earnings are influenced by consultant utilization (billable time vs. non-billable time), realized billing rates, project mix (higher-value specialized advisory and digital work vs. lower-rate work), the duration and renewals of managed services contracts, and demand from its core end markets (notably healthcare and higher education). Information on specific significant partnerships contributing to earnings: null.

Huron Consulting Financial Statement Overview

Summary

Strong multi-year revenue growth and earnings recovery, supported by solid operating cash flow and free cash flow. Balance sheet leverage appears meaningfully reduced in 2025, lowering financial risk. Main constraint is reduced confidence in the latest-year margin trend due to noted 2025 income statement data inconsistencies and a modest 2025 FCF dip.

Income Statement

Revenue has expanded steadily from $844M (2020) to $1.70B (2025), with strong growth in 2022–2023 and a more moderate 2024–2025 trajectory. Profitability has improved materially versus the 2020 loss, with net margins reaching ~6.2% in 2025 and ROE near ~20%, though net margin eased from ~7.8% in 2024. A key weakness is data quality/consistency in 2025 margins (gross profit and EBIT margin show as 0), which limits confidence in the margin trend for the latest year despite solid earnings.

Balance Sheet

Leverage looks conservative and improving: debt-to-equity was ~0.52–0.71 during 2021–2024 but drops sharply to ~0.11 in 2025, indicating meaningful de-risking. Equity is relatively stable (~$529M in 2025), assets have grown alongside the business ($1.53B in 2025), and returns on equity are strong (~20% in 2024–2025). The main watch-out is the step-change in debt levels from 2024 to 2025, which may reflect a balance sheet event (repayment/reclassification) rather than purely organic drift.

Cash Flow

Cash generation is strong and consistent in recent years: operating cash flow is ~$193M (2025) and free cash flow is ~$183M (2025), with free cash flow running close to net income (~0.95x in 2024–2025). The business has recovered dramatically from weak 2021 free cash flow. Offsetting this, free cash flow dipped modestly in 2025 (about -4.5% growth) and the cash conversion metric provided is only moderate (~0.50 in 2025; ~0.59 in 2024), suggesting some working-capital or timing volatility.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.70B	1.49B	1.36B	1.13B	905.64M
Gross Profit	508.79M	476.01M	419.36M	346.57M	268.86M
EBITDA	201.71M	184.29M	159.69M	133.18M	87.80M
Net Income	105.04M	116.63M	62.48M	75.55M	62.99M
Balance Sheet
Total Assets	1.53B	1.34B	1.26B	1.20B	1.12B
Cash, Cash Equivalents and Short-Term Investments	24.51M	21.91M	12.15M	11.83M	20.78M
Total Debt	548.34M	398.61M	373.88M	346.09M	297.24M
Total Liabilities	998.05M	782.29M	729.25M	647.00M	547.45M
Stockholders Equity	528.63M	561.33M	532.89M	552.04M	571.90M
Cash Flow
Free Cash Flow	182.96M	192.67M	100.08M	61.10M	2.23M
Operating Cash Flow	193.39M	201.32M	135.26M	85.40M	17.99M
Investing Cash Flow	-145.75M	-79.75M	-36.65M	-20.13M	-20.14M
Financing Cash Flow	-45.03M	-111.64M	-98.33M	-74.11M	-44.41M

Huron Consulting Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 129.87
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HURN, the sentiment is Negative. The current price of 129.87 is below the 20-day moving average (MA) of 135.37, below the 50-day MA of 151.78, and below the 200-day MA of 149.82, indicating a bearish trend. The MACD of -6.14 indicates Positive momentum. The RSI at 38.98 is Neutral, neither overbought nor oversold. The STOCH value of 17.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HURN.

Huron Consulting Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HURN	71 Outperform	$2.20B	28.72	21.03%	―	12.50%	29.40%
EXPO	71 Outperform	$3.29B	33.69	26.13%	1.66%	4.90%	-1.52%
FCN	68 Neutral	$5.33B	19.86	13.30%	―	-0.95%	-10.54%
CRAI	67 Neutral	$1.04B	24.31	26.10%	0.97%	8.69%	34.58%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ICFI	60 Neutral	$1.20B	17.06	9.11%	0.65%	-3.81%	-7.05%
RGP	48 Neutral	$124.63M	-3.17	-59.80%	6.74%	-10.83%	-1669.11%