Can Artificial Intelligence Reverse Hackett’s Stock Decline?

Hackett finds itself navigating turbulent financial waters, with its stock price plummeting more than 40% since the start of the year. The consulting firm’s disappointing quarterly performance and declining revenues have created significant challenges, yet management is placing substantial bets on artificial intelligence as a potential turnaround strategy.

The third quarter of 2025 proved particularly challenging for Hackett. The company reported adjusted earnings per share of just $0.37, falling a substantial 14% below market expectations. Revenue figures painted an even bleaker picture, with $73.1 million representing not only an 8.7% miss against projections but also a 7% decrease compared to the same period last year. The sole positive note came from improved liquidity positions, where cash reserves expanded from Read more...