
Accenture Plc (ACN) Stock Forecast & Price Target
Accenture Plc (ACN) Analyst Ratings
Bulls say
Accenture's FY24 performance reflects significant growth in GenAI, achieving approximately 10x growth in bookings to $3 billion and revenues of $900 million, a sharp increase from the previous fiscal year. The company's strategic focus on digital transformation and technology investments drives demand for its services, underpinning a positive revenue and earnings per share (EPS) growth outlook that aligns more closely with that of digital pure-play peers. Additionally, factors such as impending ERP upgrades, balanced hiring practices, and pro forma share gains in IT services and advertising markets suggest strong potential for sustained revenue growth and margin expansion into FY2026 and beyond.
Bears say
Accenture has reported a significant 9.6% year-over-year decline in bookings for 4QFY23, marking a troubling trend as this is only the second such decline in the past five years, despite a brief recovery with a 24% growth in 4QFY24. The company has consistently underperformed against revenue guidance throughout FY24, which has prompted a downward revision of FY25 revenue estimates by $460 million, now projecting $68.4 billion, and a decrease in FY26 revenue projections from $74.0 billion to $73.2 billion. Additionally, macroeconomic uncertainty poses risks of slower revenue and earnings growth, leading to a forecasted reduction in operating margins and overall financial performance.
This aggregate rating is based on analysts' research of Accenture Plc and is not a guaranteed prediction by Public.com or investment advice.
Accenture Plc (ACN) Analyst Forecast & Price Prediction
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