Accenture (NYSE:ACN – Get Free Report) had its target price dropped by research analysts at Mizuho from $280.00 to $226.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the information technology services provider’s stock. Mizuho’s price target indicates a potential upside of 80.83% from the company’s current price.
A number of other equities research analysts have also recently issued reports on ACN. Stifel Nicolaus reduced their target price on shares of Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating for the company in a research note on Monday, June 8th. BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price objective on shares of Accenture in a report on Friday. Oppenheimer set a $201.00 target price on shares of Accenture in a report on Monday, June 8th. Finally, UBS Group reiterated a “buy” rating on shares of Accenture in a research report on Tuesday, June 16th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $196.85.
Accenture Price Performance
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The firm had revenue of $18.72 billion for the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities research analysts predict that Accenture will post 13.85 earnings per share for the current year.
Insider Buying and Selling at Accenture
In other news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its stake in shares of Accenture by 27.7% in the 1st quarter. Pacer Advisors Inc. now owns 1,794,695 shares of the information technology services provider’s stock valued at $355,870,000 after purchasing an additional 389,483 shares in the last quarter. Lombard Odier Asset Management Europe Ltd boosted its holdings in shares of Accenture by 27.2% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 20,673 shares of the information technology services provider’s stock valued at $4,099,000 after acquiring an additional 4,423 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its position in Accenture by 0.7% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 15,516 shares of the information technology services provider’s stock worth $3,077,000 after acquiring an additional 102 shares during the last quarter. Farmers National Bank increased its holdings in Accenture by 6.0% in the 1st quarter. Farmers National Bank now owns 22,580 shares of the information technology services provider’s stock worth $4,477,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new position in Accenture in the first quarter valued at about $939,000. Institutional investors own 75.14% of the company’s stock.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture expanded its fiscal 2026 share repurchase authorization, which signals ongoing capital returns to shareholders and may help support the stock. Accenture Expands 2026 Share Repurchase Authorization Program
- Positive Sentiment: Accenture continues to win AI- and cloud-related work, including collaborations with INFRONEER, Unilever, Adobe, and Omnicom, suggesting its longer-term transformation strategy is still gaining traction. INFRONEER Teams with Accenture…
- Neutral Sentiment: Some commentary suggests the sell-off may be overdone and that Accenture could recover in fiscal 2027 if bookings stabilize and AI investments convert into revenue growth.
- Negative Sentiment: The stock is being hit by a sharp post-earnings selloff after Accenture reported weaker-than-expected bookings and reduced investor confidence in fiscal 2027 visibility.
- Negative Sentiment: Wall Street has turned more cautious, with multiple firms cutting price targets after the earnings report, which adds to near-term pressure on the shares.
- Negative Sentiment: Management said delayed services deals and Middle East disruption are weighing on the near-term outlook, keeping concerns elevated around revenue momentum.
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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