Accenture (NYSE:ACN – Get Free Report) had its price objective increased by stock analysts at Morgan Stanley from $175.00 to $195.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an “equal weight” rating on the information technology services provider’s stock. Morgan Stanley’s price target suggests a potential downside of 8.04% from the company’s current price.
A number of other brokerages also recently commented on ACN. BNP Paribas Exane dropped their price objective on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, June 26th. Dbs Bank downgraded shares of Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group set a $220.00 target price on Accenture in a report on Friday. UBS Group restated a “buy” rating on shares of Accenture in a research note on Wednesday. Finally, TD Cowen reaffirmed a “hold” rating on shares of Accenture in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $210.81.
Get Our Latest Stock Analysis on Accenture
Accenture Stock Performance
Accenture (NYSE:ACN – Get Free Report) last released its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. The firm had revenue of $18.68 billion for the quarter, compared to analyst estimates of $18.03 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, analysts predict that Accenture will post 13.87 earnings per share for the current fiscal year.
Accenture announced that its board has authorized a stock buyback plan on Tuesday, June 23rd that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.
Insider Activity
In other news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the transaction, the general counsel directly owned 17,735 shares of the company’s stock, valued at $2,890,450.30. The trade was a 37.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Accenture by 33.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 30,041 shares of the information technology services provider’s stock valued at $3,738,000 after buying an additional 7,591 shares during the last quarter. Andra AP fonden raised its stake in Accenture by 92.5% during the 2nd quarter. Andra AP fonden now owns 121,326 shares of the information technology services provider’s stock valued at $15,098,000 after acquiring an additional 58,300 shares during the last quarter. Smith Chas P & Associates PA Cpas grew its stake in shares of Accenture by 8.3% in the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 172,023 shares of the information technology services provider’s stock valued at $21,406,000 after purchasing an additional 13,244 shares during the last quarter. National Pension Service lifted its holdings in shares of Accenture by 5.6% during the second quarter. National Pension Service now owns 1,564,857 shares of the information technology services provider’s stock worth $194,731,000 after purchasing an additional 82,362 shares during the period. Finally, Engineers Gate Manager LP grew its position in Accenture by 5.2% in the 2nd quarter. Engineers Gate Manager LP now owns 15,708 shares of the information technology services provider’s stock valued at $1,955,000 after buying an additional 781 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Fourth-quarter results exceeded expectations. Accenture reported adjusted earnings of $3.29 per share versus the $3.18 consensus estimate, while revenue rose 6.2% year over year to $18.68 billion, ahead of expectations for $18.03 billion. Accenture fiscal fourth-quarter earnings report
- Positive Sentiment: Record bookings countered AI-disruption fears. Annual bookings reached approximately $84.5 billion, while fourth-quarter bookings increased 4% to $22.17 billion. Management also said its AI workforce doubled ahead of schedule, suggesting Accenture is benefiting from—not merely competing with—enterprise AI spending. Accenture Q4 2026 earnings call transcript
- Positive Sentiment: Fiscal 2027 outlook and shareholder returns were supportive. Accenture forecast fiscal-year revenue of $76.4 billion to $78.7 billion, or 3% to 6% growth in local currency, and EPS of $14.39 to $14.81, broadly in line with analyst expectations. The company also raised its quarterly dividend 4.9% to $1.71 per share, equivalent to a 3.2% annualized yield. Accenture fiscal 2026 results and outlook
- Neutral Sentiment: Near-term guidance was close to consensus. First-quarter fiscal 2027 revenue guidance of $19.0 billion to $19.6 billion brackets the $19.4 billion analyst estimate, limiting the extent of any immediate forecast upside.
- Negative Sentiment: Valuation and analyst caution remain risks after the rally. TD Cowen maintained a Hold rating and a $173 price target, citing concerns that strong results may not fully resolve longer-term growth and AI-related disruption risks. The sharp advance also increases the possibility of profit-taking.
Accenture Company Profile
Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.
The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.
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