The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and internationally. It offers best practice intelligence center, an online searchable repository of best practices, performance metrics, conference presentations, and associated research; best practice accelerators that provide Web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led Webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content. The company's benchmarking services conduct studies for selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, and shared services; and business transformation practices to help clients develop coordinated strategy for achieving performance enhancements across the enterprise. It also provides Oracle EEA solutions for core financial close and consolidation, integrated business planning, and reporting/advanced analytics areas. In addition, the company offers SAP Solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change management, exception management, process transparency, system documentation, and end-user training; off-shore application development, and application maintenance and support services; and OneStream practice that helps clients choose and deploy OneStream XF Platform and Market Place solutions. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
IPO Year:
Exchange: NASDAQ
Website: thehackettgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2024 | $28.00 | Hold → Buy | Craig Hallum |
| 2/22/2023 | $30.00 → $25.00 | Buy → Hold | Craig Hallum |
| 8/12/2021 | $23.00 → $24.00 | Buy | Roth Capital |
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Exiger Earns Category's Highest Functional Scores in Third Party Risk Management and Supply Chain Risk Management WASHINGTON, Sept. 30, 2025 /PRNewswire/ -- Exiger, the market-leading supply chain AI company and largest provider of supply chain technology to the U.S. Federal Government, announced today that it is a top-ranked procurement technology provider in Spend Matters™ Fall 2025 SolutionMap, which spotlights 115 vendors. For the third consecutive report, Exiger has been recognized as a Value Leader. "We're honored to once again be recognized by Spend Matters in its new S
Data-driven assessment adds nine new vendors across 16 source-to-pay categories The Hackett Group, Inc. (NASDAQ:HCKT), a leading Gen AI consultancy and executive advisory firm, today announced the release of Spend Matters' Fall 2025 SolutionMap and TechMatchSM procurement technology rankings, spotlighting 115 procurement technology vendors. Recognized as the industry's most rigorous capability assessment of procurement technologies, SolutionMap evaluates vendors against 500+ detailed functional and capability assessments across 16 source-to-pay (S2P) categories, mandatory demos, and impartial, anonymized customer ratings. SolutionMap evaluates both new and established vendors, combini
Next-generation, breakthrough solution addresses key enterprise Gen AI value realization concerns The Hackett Group, Inc. (NASDAQ:HCKT), a leading Gen AI consultancy and enterprise digital transformation firm, today announced the launch of AI XPLR™ 4.0, an unmatched enterprise Gen AI solutioning platform that fundamentally transforms how organizations conceive, design, and deploy Gen AI solutions based on client industry-specific business processes, application landscape, and existing and potential data sources. This groundbreaking release introduces industry-first capabilities that compress traditional AI design and development cycles from months to days, while delivering client-specific
Gen AI Can Help Unlock $1.7 Trillion in Excess Working Capital The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, today released findings from its 2025 U.S. Working Capital Survey, revealing a 4% improvement in the cash conversion cycle (CCC) – now at 37 days – after a turbulent year of across-the-board deterioration. The rebound was fueled primarily by a 3% improvement in days payable outstanding (DPO), highlighting renewed opportunities to unlock liquidity amid ongoing uncertainty. The research, based on an analysis of the top 1,000 U.S. publicly traded nonfinancial companies, found that $1.7 trillion r
Top solutions increase touchless transactions, enabling finance teams to reallocate staff (63%), lower costs (43%) and boost working capital ($15M) The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, has released its latest Digital World Class® Matrix, focusing on the cash application software marketplace. The report reveals leading vendor capabilities in the space and examines the critical relationship between AI-powered touchless invoice-level payment matching and improved cash flow. Cash application process software can deliver rewards in terms of both cost and cash, with cash flow and working capital b
The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, today announced a collaboration with Celonis, a global leader in process mining, to deliver intelligent enterprise automation that drives measurable business results at unprecedented speed. Using Celonis process intelligence and The Hackett Group's AI XPLR™ and ZBrain™ platforms – that leverage The Hackett Group's globally recognized enterprise benchmarking and business transformation IP – companies can compare their performance against Digital World Class® performance standards. This will allow clients to quickly identify the greatest ROI opportunities and
The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the second quarter, which ended on June 27, 2025. "We reported operating results that were above and at the mid-range of our revenue and adjusted earnings per share guidance, respectively. This was achieved while aggressively investing and growing our Gen AI platforms and revenues," stated Ted A. Fernandez, Chairman and CEO of The Hackett Group, Inc. "What distinguished this quarter was our rapid pace of innovation which is allowing us to release our AI XPLR V4 in an acc
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it will release financial results for the second quarter ended June 27, 2025 on Tuesday, August 5, 2025 after the close of regular market hours. Following the release, senior management will discuss second quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Second Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, August 5, 2025 and will run through 5:00 P.M. ET on
Top performers operate faster, leaner and at 19% lower cost – fueled by Gen AI and intelligence-driven models built for volatility and change The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, today released its 2025 Digital World Class® Procurement research, highlighting how leading procurement organizations are navigating volatility and redefining their role in the enterprise. As trade uncertainty persists into the second half of 2025, many companies have paused spending to preserve cash and protect margins. Yet, amid this disruption, a select group of procurement teams has shown they can deliver top qu
Top payroll solution providers automate nearly 70% of payroll processes and reduce costs by up to 71% through Gen AI and emerging technologies The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, has released its latest Digital World Class® Matrix, focusing on the payroll software marketplace. The report examines how enhanced user experience, automation and emerging technologies – such as agentic AI and continuous calculation – are shaping the future of payroll processing globally. The research comes at a time when payroll organizations are grappling with rising demands. According to The Hackett Group's 202
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SCHEDULE 13G/A - HACKETT GROUP, INC. (0001057379) (Subject)
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Craig Hallum upgraded Hackett Group from Hold to Buy and set a new price target of $28.00
Craig Hallum downgraded Hackett Group from Buy to Hold and set a new price target of $25.00 from $30.00 previously
Roth Capital reiterated coverage of The Hackett Group with a rating of Buy and set a new price target of $24.00 from $23.00 previously
Roth Capital reiterated coverage of The Hackett Group with a rating of Buy and set a new price target of $23.00 from $22.00 previously
Roth Capital reiterated coverage of The Hackett Group with a rating of Buy and set a new price target of $22.00 from $20.00 previously
Roth Capital resumed coverage of The Hackett Group with a rating of Buy
Roth Capital reiterated coverage of The Hackett Group with a rating of Buy and set a new price target of $22.00 from $20.00 previously
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The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the second quarter, which ended on June 27, 2025. "We reported operating results that were above and at the mid-range of our revenue and adjusted earnings per share guidance, respectively. This was achieved while aggressively investing and growing our Gen AI platforms and revenues," stated Ted A. Fernandez, Chairman and CEO of The Hackett Group, Inc. "What distinguished this quarter was our rapid pace of innovation which is allowing us to release our AI XPLR V4 in an acc
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it will release financial results for the second quarter ended June 27, 2025 on Tuesday, August 5, 2025 after the close of regular market hours. Following the release, senior management will discuss second quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Second Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, August 5, 2025 and will run through 5:00 P.M. ET on
The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the first quarter, which ended on March 28, 2025. "We reported operating results that were near and at the high end of our revenue and adjusted earnings per share guidance, respectively. This was achieved while aggressively investing and growing our Gen AI platforms and revenues. More importantly, we released AI XPLR version 3 which allows us to identify thousands of industry specific Gen AI solutions and related multi-agent workflows which accelerates client prioritizati
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it will release financial results for the first quarter ended March 28, 2025 on Tuesday, May 6, 2025 after the close of regular market hours. Following the release, senior management will discuss first quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: First Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, May 6, 2025 and will run through 5:00 P.M. ET on Tuesday, Ma
The Hackett Group, Inc. (NASDAQ:HCKT), an IP platform-based, Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the fourth quarter, which ended on December 27, 2024. "We reported operating results that exceeded our revenue and adjusted earnings per share guidance while aggressively investing and growing our Gen AI related capabilities and revenues, respectively. More importantly, we will soon release AI XPLR version 3 which provides industry specific dynamic simulation of an enterprise's Gen AI Solutions across front, mid and back-office areas along with the related multi-AI agent workflows requir
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it will release financial results for the fourth quarter ended December 27, 2024 on Tuesday, February 18, 2025 after the close of regular market hours. Following the release, senior management will discuss fourth quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Fourth Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, February 18, 2025 and will run through 5:00 P
The Hackett Group, Inc. (NASDAQ:HCKT), an IP and platform-based, Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the third quarter, which ended on September 27, 2024. Financial Highlights Total revenue in the third quarter of 2024 was $79.8 million and revenue before reimbursements was $77.9 million, which exceeded the high end of our guidance. This compares to total revenue of $75.9 million and revenue before reimbursements of $74.6 million in the third quarter of the prior year. GAAP diluted earnings per share was $0.31 in the third quarter of 2024, as compared to $0.34 in the third quart
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it will release financial results for the third quarter ended September 27, 2024 on Monday, November 4, 2024 after the close of regular market hours. Following the release, senior management will discuss third quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Third Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Monday, November 4, 2024 and will run through 5:00 P.M. ET on
Organizations will also combine their AI XPLR and ZBrain.ai platforms in a Joint Venture resulting in a comprehensive Gen AI Ideation through Implementation offering The Hackett Group, Inc. (NASDAQ:HCKT), a leading Gen AI strategic consultancy and executive advisory firm today announced the acquisition of LeewayHertz, a highly recognized provider of advanced Gen AI solutions. This acquisition marks a significant milestone in The Hackett Group's aggressive strategy to become a leading architect of its clients' Gen AI journey. The transaction combines Hackett's enterprise Digital transformation World Class IP with LeewayHertz's Gen AI advanced solutioning and implementation capabilities, as
The Hackett Group, Inc. (NASDAQ:HCKT), a leading Gen AI strategic consultancy and executive advisory firm that enables organizations to achieve Digital World Class® performance, today announced its financial results for the second quarter, which ended on June 28, 2024. Financial Highlights Total revenue in the second quarter of 2024 was $77.7 million and revenue before reimbursements was $75.9 million, which exceeded the high end of our guidance. This compares to total revenue of $77.1 million and revenue before reimbursements of $75.6 million in the second quarter of the prior year. GAAP diluted earnings per share was $0.31 in the second quarter of 2024, as compared to $0.32 in the
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Acquisition strengthens procurement and supply chain technology expertise, brings state-of-the-art software platform that will support all Market Intelligence and Executive Advisory programs. The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and strategic advisory firm, today announced that it has completed its acquisition of Spend Matters™, a leader in the procurement and supply chain solutions market intelligence sector. Founded in 2004 with the vision of transforming procurement through technology and thought leadership, Spend Matters™ has become a respected authority in the industry, providing insights, analysis, and solutions tha
Program bridges strategic plan through execution, led by top AI expert and best-selling author John K. Thompson The Hackett Group, Inc. – (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today announced the launch of its Gen AI Executive Advisory Program. This new premium program is designed to accelerate and enhance an organization's overall Gen AI initiatives through an advisor-led approach. The program expands The Hackett Group's Executive Advisory capabilities and leverages the latest AI ideation through implementation learnings from its industry-leading AI XPLR™ and ZBrain™ platform engagements. To lead this initi
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm, today announced that on February 18, 2021, its Board of Directors appointed Maria A. Bofill as an independent director. She will also serve on the Board’s Audit, Compensation and Corporate Governance and Nominating Committees. With the election of Ms. Bofill, the size of the Board is set at seven directors, five of whom are independent. Ms. Bofill is a seasoned executive, having served in senior strategic finance and operational roles for public and privately held multinationa
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