Accenture (NYSE:ACN – Get Free Report) had its price objective boosted by equities research analysts at Argus from $220.00 to $260.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the information technology services provider’s stock. Argus’ target price indicates a potential upside of 22.61% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group restated a “buy” rating and set a $260.00 price target on shares of Accenture in a research note on Thursday. Oppenheimer set a $201.00 price objective on shares of Accenture in a report on Monday, June 8th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a research report on Friday, September 18th. Mizuho decreased their price target on shares of Accenture from $280.00 to $226.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets lifted their price target on shares of Accenture from $150.00 to $200.00 and gave the stock a “market perform” rating in a research note on Wednesday, September 23rd. Eleven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Accenture currently has an average rating of “Hold” and an average price target of $212.30.
Get Our Latest Stock Report on ACN
Accenture Price Performance
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $3.18 by $0.11. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company had revenue of $18.68 billion during the quarter, compared to analyst estimates of $18.03 billion. During the same quarter in the previous year, the company posted $3.03 earnings per share. Accenture’s revenue was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, equities analysts predict that Accenture will post 13.87 earnings per share for the current year.
Accenture announced that its board has initiated a stock buyback program 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 programs are generally a sign that the company’s management believes its stock is undervalued.
Insider Buying and Selling
In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the transaction, the general counsel owned 17,735 shares of the company’s stock, valued at $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.
Institutional Trading of Accenture
Several institutional investors and hedge funds have recently modified their holdings of ACN. State Street Corp lifted its stake in shares of Accenture by 0.5% during the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock valued at $7,583,462,000 after buying an additional 129,610 shares in the last quarter. Capital International Investors increased its stake in Accenture by 2.0% in the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock worth $4,687,867,000 after buying an additional 343,420 shares in the last quarter. Franklin Resources Inc. raised its holdings in 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 valued at $2,192,907,000 after acquiring an additional 1,122,855 shares during the period. Bank of America Corp DE lifted its position in shares of Accenture by 2.2% in the first quarter. Bank of America Corp DE now owns 6,531,231 shares of the information technology services provider’s stock valued at $1,295,078,000 after acquiring an additional 143,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Accenture by 1.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,393,818 shares of the information technology services provider’s stock worth $1,447,161,000 after acquiring an additional 63,760 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: 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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