Accenture

ACN · NYSE

$239.12+$2.19 (+0.92%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $236.93

ACN analyst rating

BuyConsensus of 22 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy11
Hold11
Underperform0
Sell0

12-month price target · 27 analysts

Average $212.20 (−11.3% downside)

Low: $151.50
Now: $239.12
High: $345.45

Upgrades and downgrades

The latest rating actions, newest first

ACN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 15, 2026	Maintains	Hold	$193.00 → $201.00	85%
Susquehanna	Oct 15, 2026	Maintains	Neutral	$210.00 → $230.00	42%
Mizuho	Oct 6, 2026	Maintains	Outperform	$226.00 → $241.00	46%
Goldman Sachs	Oct 2, 2026	Maintains	Buy	$230.00 → $260.00	54%
Truist Securities	Oct 2, 2026	Maintains	Hold	$150.00 → $220.00	41%
Wells Fargo	Oct 2, 2026	Maintains	Equal-Weight	$194.00 → $210.00	49%
TD Cowen	Oct 2, 2026	Maintains	Hold	$173.00 → $193.00	65%
RBC Capital	Oct 2, 2026	Maintains	Outperform	$175.00 → $240.00	50%
Evercore ISI Group	Oct 2, 2026	Maintains	Outperform	$180.00 → $250.00	42%
Guggenheim	Oct 2, 2026	Maintains	Neutral	—	26%

The case for and against

Updated Oct 14, 2026

Bull case

Accenture is supported by durable demand visibility, as 4Q26 bookings rose to $22.2B with a 1.2x book-to-bill, including $12.8B in Managed Services at 1.4x, while revenue grew 7% in local currency and EPS reached $3.29. Its positive outlook is reinforced by share gains in tech-managed services, over 400 net-new AI client initiations in FY26, and a strategic push into AI safety through the Anthropic partnership and a $1B five-year investment. Financially, the company also generated $2.8B of FCF in 4Q26, returned a record $11.5B to shareholders in FY26, and guided FY27 revenue growth of 3% to 6% with 10 to 30 bps of margin expansion and EPS of $14.39 to $14.81.

Bear case

Accenture is facing a weakening fundamental backdrop as macroeconomic slowdown, especially in North America and Europe, threatens discretionary IT spending, delays deal flow, and softens revenue growth in its core consulting markets. Competitive intensity in the fragmented IT services industry is likely to pressure margins through pricing compression, while wage inflation and stock-based compensation can erode profitability and dilute shareholders. Although the firm retains scale and historically solid financial strength, FY27 free cash flow guidance of $11.0B-$11.8B implies declining FCF year over year at the midpoint, and added LT debt, FX risk, and AI-related narrative headwinds leave limited catalysts for recovery.

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