Accenture (NYSE:ACN) Given New $230.00 Price Target at The Goldman Sachs Group

Accenture (NYSE:ACN) had its price target lowered by research analysts at The Goldman Sachs Group from $270.00 to $230.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 81.47% from the company’s current price.

Several other brokerages have also weighed in on ACN. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Accenture from $210.00 to $199.00 and set a “hold” rating on the stock in a report on Tuesday, June 2nd. UBS Group reissued a “buy” rating on shares of Accenture in a research note on Tuesday. Robert W. Baird set a $190.00 price objective on Accenture in a research note on Thursday. Susquehanna dropped their price objective on Accenture from $222.00 to $186.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, William Blair lowered Accenture from an “outperform” rating to a “market perform” rating in a research note on Thursday. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus target price of $229.15.

Accenture Stock Performance

ACN stock opened at $126.75 on Thursday. The company has a 50 day moving average price of $178.10 and a 200 day moving average price of $219.00. Accenture has a fifty-two week low of $125.60 and a fifty-two week high of $307.77. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market capitalization of $84.34 billion, a PE ratio of 10.38, a price-to-earnings-growth ratio of 1.48 and a beta of 1.08.

Accenture (NYSE:ACN) last released its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to the consensus estimate of $18.75 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Analysts forecast that Accenture will post 13.83 EPS for the current year.

Insider Buying and Selling

In related news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, the chief executive officer owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 business. Norges Bank bought a new stake in Accenture during the 4th quarter worth approximately $2,146,995,000. Capital International Investors lifted its stake in Accenture by 41.1% in the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after buying an additional 4,984,930 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Accenture by 120.0% in the first quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock valued at $690,475,000 after buying an additional 1,899,305 shares during the period. Voloridge Investment Management LLC bought a new stake in shares of Accenture during the third quarter worth $311,694,000. Finally, Franklin Resources Inc. raised its holdings in shares of Accenture by 15.9% during the fourth quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock worth $2,192,907,000 after acquiring an additional 1,122,855 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture beat Q3 EPS estimates and delivered 5.6% revenue growth year over year, showing the business is still growing despite a tougher backdrop. Accenture Reports Third-Quarter Fiscal 2026 Results
• Positive Sentiment: The company announced a quarterly dividend of $1.63 per share, supporting income-oriented investors. ACN Q2 Deep Dive: Market Reacts to Cautious Outlook, AI and Security Initiatives in Focus
• Neutral Sentiment: Accenture is expanding its cybersecurity platform with major acquisitions, which could improve its long-term positioning in AI-related security markets, but the benefit may take time to show up in results. Accenture to Strengthen Critical Infrastructure Defense…
• Negative Sentiment: Management lowered FY2026 revenue growth guidance, which is the main reason the stock is falling today and suggests client spending is slowing more than investors expected. Accenture Lowers Top End of Revenue Growth Outlook…
• Negative Sentiment: New bookings declined and the weaker outlook raised fresh concerns about global IT demand, adding pressure to the shares and spilling over to other IT services names. Indian IT stocks slump up to 7% as Accenture cuts revenue outlook…

Accenture Company Profile

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.