Huron Consulting Delivers Bookings Growth Across All Business Verticals, Wedbush Securities Says

11:35 AM EST, 11/04/2026 (MT Newswires) -- Huron Consulting (HURN) reported solid fiscal Q3 results, with revenue and adjusted EBITDA slightly ahead of expectations, as all three business segments delivered organic growth, Wedbush Securities said in a note Wednesday. Revenue before reimbursable expenses rose 12% year over year to $482.5 million, slightly above estimates, while adjusted EBITDA increased to $77.3 million, also beating expectations, supported by higher utilization and productivity gains, the brokerage said. Wedbush highlighted 20% year-over-year bookings growth across all three business verticals, with more than 65% of digital bookings involving AI, up from about 50% a year earlier. Demand for managed services, consulting and digital capabilities remained strong, particularly in healthcare and education, according to the note. The brokerage said healthcare and education should provide a steady moat of growth opportunities, while investing in all segments is expected to catalyze further growth into 2027 and beyond. Wedbush Securities maintained its outperform rating on the stock and raised the price target to $220 from $160. Huron Consulting shares were down 6% in Wednesday trading. Price: 186.33, Change: -11.85, Percent Change: -5.98