Hackett Group's Price Target Cut by Barrington Research

Barrington Research's Vincent Colicchio lowered Hackett Group's (HCKT) price target from $32.00 to $27.00, a 15.62% decrease. The "Outperform" rating was maintained, indicating a consistent belief in the company's potential despite adjustments in the price target. The average target price for HCKT is $34.00, with a high estimate of $35.00 and a low estimate of $32.00.

Hackett Group Inc. (HCKT) reported its Q2 2025 earnings, showing a 2% year-over-year (YoY) increase in revenues to $77.6 million before reimbursements [1]. The company's Global SMBT Segment revenue grew by 5% to $43.6 million, while the SAP Solution Segment revenue surged by 11% to $13.5 million. However, the Oracle Solution Segment revenue decreased by 7.5% to $20.5 million due to a large engagement wind-down [1].

The company has developed AI enhancements and formed a strategic partnership with Salonias to drive growth. The AI Explorer licensing revenue expectations and the impact of economic uncertainty on client decisions were key points discussed during the earnings call. The company is addressing potential non-AI headcount concerns and leveraging their Gen AI-assisted platform, Accelerator, to drive productivity improvements [1].

Despite the challenges in the Oracle segment, the company's strategic headcount adjustments and AI-assisted implementation tools like Accelerator are expected to mitigate the negative impact on decision-making and client engagement [1].

Separately, Barrington Research's Vincent Colicchio lowered Hackett Group's (HCKT) price target from $32.00 to $27.00, a 15.62% decrease. The "Outperform" rating was maintained, indicating a consistent belief in the company's potential despite adjustments in the price target. The average target price for HCKT is $34.00, with a high estimate of $35.00 and a low estimate of $32.00 [2].

References:
[1] https://www.ainvest.com/news/hackett-group-q2-2025-earnings-call-highlights-revenue-2508/
[2] https://seekingalpha.com/news/4479649-the-hackett-group-declares-0_12-dividend