Royal Bank Of Canada Issues Positive Forecast for Accenture (NYSE:ACN) Stock Price

Accenture (NYSE:ACN) had its target price boosted by stock analysts at Royal Bank Of Canada from $175.00 to $240.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the information technology services provider’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 16.52% from the company’s current price.

Several other analysts have also recently weighed in on the company. BMO Capital Markets boosted their price target on Accenture from $150.00 to $200.00 and gave the stock a “market perform” rating in a report on Wednesday, September 23rd. Wolfe Research increased their target price on shares of Accenture from $165.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Evercore set a $250.00 target price on Accenture and gave the company an “outperform” rating in a research report on Thursday. Jefferies Financial Group set a $220.00 price objective on Accenture in a report on Friday. Finally, Truist Financial lowered their price objective on shares of Accenture from $210.00 to $150.00 and set a “hold” rating on the stock in a report on Monday, June 22nd. Eleven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $213.96.

Accenture Stock Down 3.0%

Accenture stock opened at $205.98 on Friday. The firm has a market capitalization of $137.56 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 1.51 and a beta of 1.11. Accenture has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The company’s 50 day simple moving average is $179.87 and its 200 day simple moving average is $173.46. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34.

Accenture (NYSE:ACN) last announced its earnings results 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 net margin of 10.66% and a return on equity of 26.47%. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.03 billion. During the same quarter in the prior year, the company posted $3.03 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, sell-side analysts anticipate that Accenture will post 13.87 EPS for the current year.

Accenture announced that its Board of Directors has initiated a share 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 repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Accenture

In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the stock in a transaction 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 completion of the transaction, the general counsel owned 17,735 shares in the company, valued at $2,890,450.30. This trade represents a 37.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by company insiders.

Hedge Funds Weigh In On Accenture

A number of large investors have recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its stake in shares of Accenture by 147.1% in the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock worth $27,000 after buying an additional 128 shares in the last quarter. IMG Wealth Management Inc. boosted its position in Accenture by 134.8% in the 1st quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock valued at $31,000 after buying an additional 89 shares during the period. Arlington Trust Co LLC lifted its stake in Accenture by 110.4% in the second quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock worth $35,000 after acquiring an additional 149 shares during the last quarter. S&G Foundation purchased a new stake in Accenture during the second quarter worth approximately $37,000. Finally, Whipplewood Advisors LLC increased its position in shares of Accenture by 57.9% during the first quarter. Whipplewood Advisors LLC now owns 210 shares of the information technology services provider’s stock worth $42,000 after purchasing an additional 77 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Quarterly results exceeded expectations: Fiscal Q4 revenue rose 6.2% year over year to $18.68 billion, above the $18.03 billion consensus estimate, while EPS of $3.29 topped the $3.18 estimate and increased from $3.03 a year earlier. Accenture quarterly earnings report
• Positive Sentiment: Record bookings countered AI-disruption fears: Annual bookings reportedly reached $84.5 billion, with quarterly bookings up 4% to $22.17 billion. Management also said its AI workforce had doubled ahead of schedule, suggesting Accenture is benefiting from clients’ AI and digital-transformation spending rather than being displaced by it. CNBC Accenture earnings article
• Positive Sentiment: Fiscal 2027 outlook was broadly supportive: Accenture forecast local-currency revenue growth of 3% to 6%, revenue of $76.4 billion to $78.7 billion and EPS of $14.39 to $14.81. The company also raised its quarterly dividend 4.9% to $1.71 per share, providing a 3.2% indicated yield. Accenture fiscal 2026 results
• Positive Sentiment: Argus upgraded its view: Argus raised its price target from $220 to $260 and initiated a “Buy” rating, citing the company’s AI momentum and growth prospects.
• Neutral Sentiment: Analyst opinion remains mixed: Morgan Stanley lifted its target from $175 to $195 but maintained an “Equal Weight” rating, while TD Cowen reiterated a Hold rating with a $173 target. These views suggest some analysts believe the post-earnings rebound has already priced in much of the improvement.
• Negative Sentiment: Near-term guidance was less compelling: Next-quarter revenue guidance of approximately $19.28 billion was slightly below analyst expectations, highlighting the risk that growth may remain moderate despite strong bookings and AI demand.

About Accenture

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.