Why Is HURON CONSULTING GRO (HURN) Stock Up Today?

HURN stock surged 40.37% to $170.37 in a sharp intraday move driven by upgraded guidance and strong operational performance. The company raised its full-year 2026 revenue and adjusted EPS guidance following better-than-expected Q2 results. Truist upgraded its price target for the stock, citing the improved outlook and the company’s strategic momentum in key segments.

What Happened

Huron Consulting Group reported record second-quarter 2026 financial results, including non-GAAP earnings per share of $2.46, which beat the $2.17 estimate. Revenue reached $465.6 million, exceeding the $448.969 million forecast. The company raised its full-year 2026 adjusted EPS guidance from $8.35-$9.15 to $9.00-$9.40, and its revenue guidance from $1.780B-$1.860B to $1.850B-$1.890B. The firm also signaled a 2026 recurring revenue business (RBR) outlook of $1.85B-$1.89B, supported by growth in its RelateCare division and a target of 14.5%-15% adjusted EBITDA margin. Truist responded by raising its price target, reflecting confidence in the company’s updated guidance and performance.

What The Data Shows

The stock’s 40.37% gain reflects a significant intraday move, though it remains within its 52-week range of $84.88 to $186.78. The company’s fundamentals include a 12.1% year-to-date revenue increase and a net margin of 6.1%. With a market cap of $1.8 billion and a P/E ratio of 20.7, the valuation appears supported by the improved earnings and revenue outlook. Recent insider activity has included three sales totaling $315,000, while a congressional trade disclosed a purchase of $15,001-$50,000 on May 28.

What To Watch

The firm’s Q2 2026 earnings call transcript was released, offering insights into management’s strategy. Investors will want to monitor the company’s ability to meet its new guidance and the broader market reaction to its updated performance expectations.