William Blair Reiterates Outperform Rating on Accenture plc (ACN)

Accenture plc (ACN) PT Raised to $370 at Baird

(Updated - September 27, 2024 6:31 AM EDT)

Baird analyst David Koning raised the price target on Accenture plc (NYSE: ACN) to $370.00 (from $350.00) while maintaining a Neutral rating.

The analyst commented: "We are pretty balanced given limited organic growth, though admit bookings strength and that... More

Accenture plc (ACN) PT Raised to $389 at RBC Capital

RBC Capital analyst Daniel Perlin raised the price target on Accenture plc (NYSE: ACN) to $389.00 (from $377.00) while maintaining a Outperform rating.

The analyst comments "Accenture delivered solid results and guidance, which we view as a result of larger projects from earlier periods now being... More

Accenture plc (ACN) PT Raised to $355 at Jefferies

Jefferies analyst Surinder Thind raised the price target on Accenture plc (NYSE: ACN) to $355.00 (from $345.00) while maintaining a Hold rating.

The analyst comments "We have increased our F2025E adj EPS by $0.32 to $12.71 on FX tailwinds, with no change to our... More

Accenture plc (ACN) PT Raised to $375 at Stifel

Stifel analyst David Grossman raised the price target on Accenture plc (NYSE: ACN) to $375.00 (from $340.00) while maintaining a Buy rating.... More

Piper Sandler Upgrades Accenture plc (ACN) to Overweight, 'Attractive FY25 Set-Up'

(Updated - September 26, 2024 1:35 PM EDT)

Piper Sandler analyst Arvind Ramnani upgraded Accenture plc (NYSE: ACN) from Neutral to Overweight with a price target of $395.00 (from $329.00).

The analyst comments "We are upgrading ACN to Overweight and raising our PT to $395. While... More

Goldman Sachs Reiterates Neutral Rating on Accenture plc (ACN)

Goldman Sachs analyst James Schneider reiterated a Neutral rating and $370.00 price target on Accenture plc (NYSE: ACN).

The analyst comments "Key stock takeaways: We expect the stock to trade modestly higher following the quarter. We believe the combination of in-line guidance and strong bookings... More

Accenture plc (ACN) PT Raised to $388 at BofA Securities, 'Earnings call was a clear positive'

BofA Securities analyst Jason Kupferberg raised the price target on Accenture plc (NYSE: ACN) to $388.00 (from $365.00) while maintaining a Buy rating.

The analyst comments "In our view, the biggest takeaways from ACNs earnings call was that the high end of... More

Barclays Reiterates Overweight Rating on Accenture plc (ACN)

Barclays analyst Ramsey El-Assal reiterated an Overweight rating and $350.00 price target on Accenture plc (NYSE: ACN).

The analyst comments "Key Takeaway: ACN reported a top- and -bottom line beat in FQ4 on the back of broad-based improvements across services and geographies. Additionally, management... More

BofA Securities on Accenture plc (ACN): 'F4Q looks solid'

BofA Securities analyst Jason Kupferberg reiterated a Buy rating and $365.00 price target on Accenture plc (NYSE: ACN)

The analyst comments "F4Q itself was quite strong, with bookings ~9% above Street (driven by Managed Services) and const-curr revs performance close to... More

Mizuho Reiterates Accenture (ACN) at Outperform following FY25 Guidance

Mizuho analyst Dan Dolev reiterated an Outperform rating and $365.00 price target on Accenture plc (NYSE: ACN).

The analyst commented: "The much anticipated FY25 guide of +3% to +6% CC implies an in-line to slightly above consensus guide. This offers a sigh of relief following a... More

Accenture (ACN) stock jumps on earnings, revenue beat

Accenture (NYSE: ACN) shares jumped 6.9% in early trading Thursday after the consulting and outsourcing services provider reported better-than-expected fourth-quarter results and issued an upbeat outlook for fiscal 2025.

The company posted adjusted earnings per share of $2.79 for the quarter ended August 31, edging past analyst estimates... More

Accenture's AI business takes center stage in quarterly results beat

(Reuters) - IT services major Accenture unveiled a $4 billion share buyback on Thursday and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt generative AI technology.

Accenture's generative AI business has been outpacing the growth in its other core businesses as organizations look to automation to curtail costs and improve efficiency.

Generative AI revenue stood at $900 million for the fiscal year, compared to $100... More

Accenture (ACN) Tops Q4 EPS by 1c, Beats on Revenue; Offers Guidance

Accenture (NYSE: ACN) reported Q4 EPS of $2.79, $0.01 better than the analyst estimate of $2.78. Revenue for the quarter came in at $16.4 billion versus the consensus estimate of $16.35 billion.

Fiscal Year 2025

Accentures business outlook for the full 2025 fiscal year assumes that the foreign-exchange impact on its results in U.S. dollars will be approximately positive... More

BMO Capital Reiterates Market Perform Rating on Accenture plc (ACN)

BMO Capital analyst Keith Bachman reiterated a Market Perform rating and $380.00 price target on Accenture plc (NYSE: ACN).

The analyst commented, "We offer a brief summary heading into Accentures report on Thursday. As previously noted, we think the optics of the report... More

Accenture (ACN) call put ratio 1.6 calls to 1 put with focus on September 27 weekly calls into quarter results

Accenture (NYSE: ACN) September weekly call option implied volatility is at 90, October is at 32; compared to its 52-week range of 16 to 40 into the expected release of quarter results before the bell on September 26. Call put ratio 1.6 calls to 1 put with focus on September 27 weekly calls.

Accenture (ACN) Federal Services Wins $90M Cybersecurity and Infrastructure Security Agency (CISA) Award

Accenture Federal Services (NYSE: ACN) has won a $90 million prime contract to provide data analytics and vulnerability research and analysis support to the Cybersecurity and Infrastructure Security Agency (CISA) in its effort to proactively strengthen its partners cybersecurity... More

Accenture (ACN) September weekly 340 straddle priced into quarter results

Accenture (NYSE: ACN) September weekly 340 straddle priced for a move of 5% into the expected release of quarter results before the bell on September 26.

US probing SAP, Carahsoft over potential price-fixing- Bloomberg

Investing.com-- The U.S. government is probing German software firm SAP SE (NYSE: SAP) and product reseller Carahsoft over potentially overcharging government agencies for at least a decade, Bloomberg reported on Wednesday.

The Department of Justice has been looking into whether business software... More