Accenture (NYSE:ACN – Get Free Report) posted its earnings results on Thursday. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10, FiscalAI reports. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.75 billion. During the same quarter in the previous year, the firm posted $3.49 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. Accenture updated its FY 2026 guidance to 13.780-13.900 EPS.
Here are the key takeaways from Accenture’s conference call:
- Accenture delivered solid Q3 results with 3% local-currency revenue growth, 20 bps operating margin expansion to 17%, 9% EPS growth, and $3.6 billion of free cash flow.
- Bookings remained healthy at $19.3 billion, including $10.3 billion in consulting and $9.1 billion in managed services, with 30 clients booking over $100 million in the quarter.
- Management said the quarter was hurt by the Middle East conflict, which created about a $100 million revenue impact and may continue to pressure Q4 discretionary spending and decision-making.
- AI remains a major growth driver, with more clients moving from pilots to production, 100 new advanced AI projects started this quarter, and expanding partnerships with major AI/data ecosystem players.
- Accenture is expanding into higher-growth, more non-FTE businesses through the OT cybersecurity acquisitions and the new mid-market-focused Accenture Edge offering, while also raising FY26 M&A spend expectations to about $9 billion.
Accenture Price Performance
Accenture stock opened at $126.75 on Friday. The stock’s 50 day moving average is $178.10 and its 200 day moving average is $219.00. Accenture has a one year low of $125.60 and a one year high of $307.77. The firm has a market cap of $84.34 billion, a P/E ratio of 10.38, a P/E/G ratio of 1.48 and a beta of 1.08. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34.
Accenture Announces Dividend
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on ACN. Susquehanna reduced their price objective on Accenture from $222.00 to $186.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank Of Canada cut their price target on Accenture from $295.00 to $253.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. The Goldman Sachs Group lowered their price objective on Accenture from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and issued a $200.00 price objective on shares of Accenture in a report on Tuesday. Finally, Morgan Stanley reissued an “equal weight” rating and set a $177.00 target price (down from $240.00) on shares of Accenture in a report on Monday. Sixteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $232.41.
Insiders Place Their Bets
In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.
Institutional Investors Weigh In On Accenture
Several large investors have recently modified their holdings of the company. Triumph Capital Management bought a new position in Accenture during the third quarter worth $26,000. University of Texas Texas AM Investment Management Co. bought a new stake in Accenture during the fourth quarter valued at $27,000. McMillan Office Inc. acquired a new stake in Accenture during the 4th quarter worth about $27,000. Wealth Watch Advisors INC acquired a new stake in Accenture during the 3rd quarter worth about $53,000. Finally, Alvarez & Marsal Private Wealth Partners LLC bought a new position in shares of Accenture in the 4th quarter worth about $53,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Negative Sentiment: Accenture trimmed its fiscal 2026 revenue-growth outlook and guided Q4 revenue below Wall Street expectations, signaling weaker demand for consulting and technology services. Accenture Reports Third-Quarter Fiscal 2026 Results
- Negative Sentiment: Shares sold off sharply after the earnings release, with multiple reports pointing to concerns about slowing bookings, cautious enterprise IT spending, and uncertainty around the growth outlook. Accenture Takes a Hit on Worsening Outlook and Cloudy AI Future
- Negative Sentiment: News that Accenture is spending about $4.18 billion on cybersecurity-related acquisitions raised questions for some investors about capital allocation and deal integration risk. Accenture (ACN) Is Spending $4.2 Billion To Buy Into Critical Infrastructure Security
- Neutral Sentiment: Accenture declared a quarterly dividend of $1.63 per share, which supports the stock’s income appeal, though it is unlikely to offset the near-term concern about slowing growth. Accenture Price Performance
About Accenture
Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.
The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.
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