Hackett Group Releases 2026 Procurement Technology Assessments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Should l Buy HCKT?
Source: Newsfilter
- Procurement Technology Assessment: The Hackett Group's release of the 2026 SolutionMap and TechMatch evaluations highlights 118 procurement technology vendors, utilizing over 500 functional and capability requirements to ensure transparency and comparability, thereby aiding organizations in making informed technology decisions.
- AI-Driven Decision Support: As artificial intelligence reshapes the technology landscape, SolutionMap's methodology provides procurement and finance leaders with faster shortlisting and clearer trade-off analysis, enabling more effective decisions regarding whether to build, buy, or optimize their technology stacks.
- New Vendor Introductions: This assessment introduces four new vendors across various capability categories, including AP Automation and Contract Lifecycle Management, enhancing market options and increasing organizational flexibility and competitiveness in procurement technology.
- Industry Standardization: Launched in 2017, SolutionMap has become the gold standard for procurement technology evaluation, with thousands of procurement leaders and investors relying on its data insights to navigate the complexities of technology choices amid the evolving landscape driven by AI.
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Analyst Views on HCKT
Wall Street analysts forecast HCKT stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.740
Low
27.00
Averages
27.50
High
28.00
Current: 10.740
Low
27.00
Averages
27.50
High
28.00
About HCKT
The Hackett Group, Inc. is an IP and platform-based, Gen artificial intelligence (A.I.) strategic consulting and executive advisory company. The Company’s segments include Global Strategy & Business Transformation (Global S&BT), Oracle Solutions, and SAP Solutions. The Global S&BT segment includes the Company’s Gen A.I. and strategic business consulting practices. The Oracle Solutions Segment includes the Company’s Oracle Enterprise Performance Management (EPM)/ Enterprise Resource Planning (ERP) and Digital Application Maintenance and Support (AMS) practices. SAP Solutions segment includes the Company’s SAP applications and related SAP service offerings. Its software platform includes AI XPLR and ZBrain.ai. Its AI assessment platform allows measuring and assessing the impact of Gen A.I. technologies. It provides expertise in Gen A.I. strategy, operations, finance, strategic sourcing, and information technology, including its Oracle, SAP, OneStream, and Coupa implementation offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hackett Group Unveils AI World Class Benchmarks for Enterprise Transformation
- Performance Enhancement Opportunities: The Hackett Group's AI World Class benchmarks reveal that organizations can achieve a 75% performance advantage through process-led AI transformation, significantly enhancing their competitive positioning in the market.
- Strategic Investment Guidance: The new benchmarks provide a framework for organizations to assess specific workflows, helping prioritize high-value opportunities, reduce execution risks, and accelerate ROI, ensuring companies do not fall behind in a rapidly changing environment.
- Precise Performance Measurement: AI World Class benchmarks quantify the impact across 16 critical end-to-end processes, including cost, full-time equivalent requirements, cycle times, and error rates, enabling organizations to build more actionable business cases and optimize investment decisions.
- Grounded in Proprietary Intelligence: These benchmarks are built on over 30 years of proprietary benchmarks and process data from Hackett, combined with Hackett AI XPLR's capabilities to validate true enterprise workflows and automation maturity before AI design and deployment.
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Hackett Group (HCKT) Q1 2026 Earnings Transcript
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Hackett Group Q1 2026 Earnings Call Insights
- AI Platform Transition: CEO Ted Fernandez emphasized that Hackett Group is aggressively migrating to an AI platform-enabled sales and delivery model, which, while significant, is currently pressured by macroeconomic uncertainty and elongated client decision cycles affecting near-term performance.
- Declining Financial Performance: For Q1 2026, total revenues were reported at $67.8 million, an 11% decrease year-over-year, with adjusted net income at $8.7 million and diluted EPS at $0.34, reflecting challenges faced during the transition and weak market demand.
- Cautious Future Outlook: CFO Robert Ramirez guided Q2 revenues to be between $68.5 million and $70 million, with expectations for sequential growth in Global S&BT and Oracle Solutions segments, yet still down from the previous year, indicating a complex market environment.
- AI Transition Costs: The company anticipates incurring approximately $500,000 in AI transition charges in Q2, which may continue throughout 2026, highlighting the need for careful cost and resource management during the transition to ensure long-term profitability and market competitiveness.
See More
Hackett Group Q1 2026 Earnings Report Analysis
- Disappointing Performance: Hackett Group reported a Q1 2026 non-GAAP EPS of $0.34, missing estimates by $0.01, indicating pressure on profitability that may affect investor confidence.
- Revenue Decline: The company generated $68.8 million in revenue for Q1, an 11.7% year-over-year decrease, falling short of the $72 million expectation, reflecting weak market demand and intensified competition that could hinder future growth.
- Cautious Outlook: For Q2 2026, Hackett estimates total revenue between $68.5 million and $70 million, indicating a cautious stance on market recovery, with adjusted EPS projected between $0.33 and $0.35, suggesting ongoing profitability challenges.
- Strategic Adjustments: Despite the disappointing Q1 results, Hackett plans to roll out a comprehensive GenAI platform in 2026 and pursue new partnerships to drive revenue growth, demonstrating proactive exploration in its transformation efforts.
See More
Hackett Group Releases 2026 Procurement Technology Assessments
- Procurement Technology Assessment: The Hackett Group's release of the 2026 SolutionMap and TechMatch evaluations highlights 118 procurement technology vendors, utilizing over 500 functional and capability requirements to ensure transparency and comparability, thereby aiding organizations in making informed technology decisions.
- AI-Driven Decision Support: As artificial intelligence reshapes the technology landscape, SolutionMap's methodology provides procurement and finance leaders with faster shortlisting and clearer trade-off analysis, enabling more effective decisions regarding whether to build, buy, or optimize their technology stacks.
- New Vendor Introductions: This assessment introduces four new vendors across various capability categories, including AP Automation and Contract Lifecycle Management, enhancing market options and increasing organizational flexibility and competitiveness in procurement technology.
- Industry Standardization: Launched in 2017, SolutionMap has become the gold standard for procurement technology evaluation, with thousands of procurement leaders and investors relying on its data insights to navigate the complexities of technology choices amid the evolving landscape driven by AI.
See More
Hackett Group Launches Applied Intelligence Decision Support
- Launch of Applied Intelligence: The Hackett Group's new Applied Intelligence decision support model, alongside the AskHackett™ conversational agent, aims to accelerate execution and provide real-time decision support, helping executives assess and prioritize client-specific initiatives, thereby enhancing corporate decision-making efficiency.
- Expert-Led Support: This model offers continuous access to experienced practitioners across various business support functions, including finance, procurement, and human resources, ensuring that executives can confidently make decisions in complex business environments, thus strengthening the company's competitive edge.
- Real-Time Decision Capability: AskHackett™ leverages the Hackett Intelligence knowledge base to deliver context-specific answers, ensuring that information remains accessible during decision-making processes, which enhances governance efficiency and execution discipline, facilitating rapid alignment within the organization.
- Sustained Impact Model: Applied Intelligence replaces episodic guidance with tailored decision support, combining practitioner judgment with The Hackett Group's AI platforms to ensure that decisions remain aligned with implementation, ultimately achieving measurable enterprise value.
See More
Hackett Group Unveils AI World Class Benchmarks for Enterprise Transformation
- Performance Enhancement Opportunities: The Hackett Group's AI World Class benchmarks reveal that organizations can achieve a 75% performance advantage through process-led AI transformation, significantly enhancing their competitive positioning in the market.
- Strategic Investment Guidance: The new benchmarks provide a framework for organizations to assess specific workflows, helping prioritize high-value opportunities, reduce execution risks, and accelerate ROI, ensuring companies do not fall behind in a rapidly changing environment.
- Precise Performance Measurement: AI World Class benchmarks quantify the impact across 16 critical end-to-end processes, including cost, full-time equivalent requirements, cycle times, and error rates, enabling organizations to build more actionable business cases and optimize investment decisions.
- Grounded in Proprietary Intelligence: These benchmarks are built on over 30 years of proprietary benchmarks and process data from Hackett, combined with Hackett AI XPLR's capabilities to validate true enterprise workflows and automation maturity before AI design and deployment.
See More
Hackett Group (HCKT) Q1 2026 Earnings Transcript
See More
Hackett Group Q1 2026 Earnings Call Insights
- AI Platform Transition: CEO Ted Fernandez emphasized that Hackett Group is aggressively migrating to an AI platform-enabled sales and delivery model, which, while significant, is currently pressured by macroeconomic uncertainty and elongated client decision cycles affecting near-term performance.
- Declining Financial Performance: For Q1 2026, total revenues were reported at $67.8 million, an 11% decrease year-over-year, with adjusted net income at $8.7 million and diluted EPS at $0.34, reflecting challenges faced during the transition and weak market demand.
- Cautious Future Outlook: CFO Robert Ramirez guided Q2 revenues to be between $68.5 million and $70 million, with expectations for sequential growth in Global S&BT and Oracle Solutions segments, yet still down from the previous year, indicating a complex market environment.
- AI Transition Costs: The company anticipates incurring approximately $500,000 in AI transition charges in Q2, which may continue throughout 2026, highlighting the need for careful cost and resource management during the transition to ensure long-term profitability and market competitiveness.
See More
Hackett Group Q1 2026 Earnings Report Analysis
- Disappointing Performance: Hackett Group reported a Q1 2026 non-GAAP EPS of $0.34, missing estimates by $0.01, indicating pressure on profitability that may affect investor confidence.
- Revenue Decline: The company generated $68.8 million in revenue for Q1, an 11.7% year-over-year decrease, falling short of the $72 million expectation, reflecting weak market demand and intensified competition that could hinder future growth.
- Cautious Outlook: For Q2 2026, Hackett estimates total revenue between $68.5 million and $70 million, indicating a cautious stance on market recovery, with adjusted EPS projected between $0.33 and $0.35, suggesting ongoing profitability challenges.
- Strategic Adjustments: Despite the disappointing Q1 results, Hackett plans to roll out a comprehensive GenAI platform in 2026 and pursue new partnerships to drive revenue growth, demonstrating proactive exploration in its transformation efforts.
See More
Hackett Group Releases 2026 Procurement Technology Assessments
- Procurement Technology Assessment: The Hackett Group's release of the 2026 SolutionMap and TechMatch evaluations highlights 118 procurement technology vendors, utilizing over 500 functional and capability requirements to ensure transparency and comparability, thereby aiding organizations in making informed technology decisions.
- AI-Driven Decision Support: As artificial intelligence reshapes the technology landscape, SolutionMap's methodology provides procurement and finance leaders with faster shortlisting and clearer trade-off analysis, enabling more effective decisions regarding whether to build, buy, or optimize their technology stacks.
- New Vendor Introductions: This assessment introduces four new vendors across various capability categories, including AP Automation and Contract Lifecycle Management, enhancing market options and increasing organizational flexibility and competitiveness in procurement technology.
- Industry Standardization: Launched in 2017, SolutionMap has become the gold standard for procurement technology evaluation, with thousands of procurement leaders and investors relying on its data insights to navigate the complexities of technology choices amid the evolving landscape driven by AI.
See More
Hackett Group Launches Applied Intelligence Decision Support
- Launch of Applied Intelligence: The Hackett Group's new Applied Intelligence decision support model, alongside the AskHackett™ conversational agent, aims to accelerate execution and provide real-time decision support, helping executives assess and prioritize client-specific initiatives, thereby enhancing corporate decision-making efficiency.
- Expert-Led Support: This model offers continuous access to experienced practitioners across various business support functions, including finance, procurement, and human resources, ensuring that executives can confidently make decisions in complex business environments, thus strengthening the company's competitive edge.
- Real-Time Decision Capability: AskHackett™ leverages the Hackett Intelligence knowledge base to deliver context-specific answers, ensuring that information remains accessible during decision-making processes, which enhances governance efficiency and execution discipline, facilitating rapid alignment within the organization.
- Sustained Impact Model: Applied Intelligence replaces episodic guidance with tailored decision support, combining practitioner judgment with The Hackett Group's AI platforms to ensure that decisions remain aligned with implementation, ultimately achieving measurable enterprise value.
See More
