Accenture (NYSE:ACN – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 14.390-14.810 for the period, compared to the consensus earnings per share estimate of 14.660. The company issued revenue guidance of $76.4 billion-$78.7 billion, compared to the consensus revenue estimate of $76.5 billion. Accenture also updated its Q1 2027 guidance to EPS.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. The Goldman Sachs Group decreased their target price on shares of Accenture from $270.00 to $230.00 and set a “neutral” rating on the stock in a report on Thursday, June 18th. Weiss Ratings lowered shares of Accenture from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Jefferies Financial Group upped their price target on shares of Accenture from $130.00 to $190.00 and gave the stock a “hold” rating in a report on Tuesday, September 22nd. Evercore set a $180.00 price objective on Accenture in a research report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Accenture from $136.00 to $175.00 and gave the stock a “hold” rating in a research report on Friday, September 18th. Ten analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture has an average rating of “Hold” and an average target price of $200.52.
Check Out Our Latest Stock Report on ACN
Accenture Price Performance
Accenture (NYSE:ACN – Get Free Report) last announced its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (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 company had revenue of $18.68 billion during the quarter, compared to analyst estimates of $18.02 billion. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, equities research analysts anticipate that Accenture will post 13.87 earnings per share for the current fiscal year.
Accenture declared that its Board of Directors has approved a stock repurchase plan on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.
Insider Transactions at Accenture
In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the 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 directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture reported fiscal Q4 adjusted earnings per share of $3.29, exceeding the FactSet consensus of $3.18. The earnings beat may support the stock by indicating better-than-expected profitability. Accenture fiscal fourth-quarter earnings report
- Positive Sentiment: Fiscal 2027 revenue guidance of $76.4 billion to $78.7 billion has a midpoint of $77.55 billion, above the $76.5 billion consensus estimate. This suggests management expects continued demand for consulting, technology transformation and artificial-intelligence services. Accenture fiscal 2026 results and guidance
- Positive Sentiment: UBS said Accenture is on track to more than double bookings from emerging alliances, including partnerships involving Nvidia. Strong bookings could improve future revenue visibility and reinforce the company’s AI growth story. Accenture emerging alliances and bookings
- Neutral Sentiment: Fiscal 2027 EPS guidance of $14.39 to $14.81 is centered around $14.60, essentially in line with the roughly $14.62 consensus estimate. The forecast does not imply a significant near-term earnings surprise. Accenture fiscal 2027 EPS guidance
- Negative Sentiment: First-quarter fiscal 2027 revenue guidance of $19.0 billion to $19.6 billion has a midpoint of $19.3 billion, slightly below the $19.4 billion consensus estimate. Investors may view this as a modest sign of near-term growth pressure.
- Negative Sentiment: Recent previews highlighted continuing concerns that AI could disrupt traditional software and consulting spending, even as AI demand creates new opportunities. This “double-edged sword” remains a risk to Accenture’s valuation and growth expectations. Accenture earnings preview and AI risks
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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