Accenture (NYSE:ACN – Get Free Report) had its price target reduced by equities research analysts at Guggenheim from $275.00 to $250.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Guggenheim’s target price suggests a potential upside of 23.06% from the company’s current price.
Several other research firms have also recently issued reports on ACN. Citigroup decreased their price objective on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Royal Bank Of Canada set a $300.00 price objective on Accenture in a research report on Thursday, December 18th. TD Cowen cut their target price on Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday. Piper Sandler set a $282.00 price target on shares of Accenture in a research note on Thursday, March 5th. Finally, Jefferies Financial Group boosted their price objective on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $282.73.
View Our Latest Report on Accenture
Accenture Stock Performance
Accenture (NYSE:ACN – Get Free Report) last issued its earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.04 billion for the quarter, compared to analysts’ expectations of $17.80 billion. During the same quarter last year, the company earned $2.82 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. On average, analysts predict that Accenture will post 12.73 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of Accenture stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the transaction, the chief executive officer directly owned 15,255 shares in the company, valued at approximately $3,679,963.65. The trade was a 28.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 22,088 shares of company stock worth $5,970,434. Corporate insiders own 0.02% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Investors Research Corp increased its stake in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 61 shares during the period. Triumph Capital Management acquired a new stake in Accenture in the third quarter valued at about $26,000. Board of the Pension Protection Fund acquired a new position in Accenture during the 4th quarter worth approximately $27,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Accenture during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 75.14% of the company’s stock.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Q2 beat on EPS and revenue — Accenture reported $2.93 EPS (above consensus) and $18.04B in revenue, driven by AI and cloud demand, signaling continued top-line growth and margin resilience. Press Release
- Positive Sentiment: Record bookings and AI momentum — Management highlighted record bookings (~$22.1B) and accelerating demand for AI-led transformation, supporting future revenue visibility. Earnings Highlights
- Positive Sentiment: Strategic partnerships expand AI/cyber/security capabilities — New collaborations and product launches (Microsoft agentic security, Databricks, Google Cloud tie-ups) strengthen Accenture’s positioning to capture enterprise AI spend. Microsoft Collaboration
- Positive Sentiment: Dividend and shareholder returns — Board declared a quarterly dividend of $1.63/share (3.2% yield), reinforcing cash-return commitment and supporting income-oriented investors.
- Neutral Sentiment: Analyst price-target moves and attention — TD Cowen trimmed its PT modestly and the stock is getting elevated market attention as part of S&P 500 tech narratives; these influence sentiment but not fundamentals directly. TD Cowen Note
- Negative Sentiment: Near-term revenue guidance disappointed — Management forecast upcoming-quarter revenue below consensus, prompting investors to focus on potential softness in large IT transformation projects. Reuters: Guidance Miss
- Negative Sentiment: Market reaction and longer-term AI fears — Despite the beat, ACN has faced heavy selling this year (~large YTD decline cited by coverage) amid investor concerns about AI disruption and ambiguous near-term spending trends, pressuring the stock. Barron’s Coverage
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.
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