
Accenture Plc (ACN) Stock Forecast & Price Target
Accenture Plc (ACN) Analyst Ratings
Bulls say
Accenture is experiencing substantial growth in its Generative AI solutions, with bookings increasing to $3 billion and revenues reaching $900 million in FY24, a significant rise from the previous fiscal year. The company is well-positioned to benefit from strong demand for technology investments, particularly in new digital services, which may lead to higher revenue and earnings per share (EPS) growth, potentially aligning its valuation more closely with digital pure-play peers. With expectations for double-digit total bookings growth and a favorable outlook for outsourcing, Accenture is likely to see sustained growth that surpasses pre-pandemic levels, bolstered by upcoming opportunities and strategic acquisitions.
Bears say
Accenture has recently experienced a substantial decline in bookings, with a reported 9.6% year-over-year constant currency decline in the fourth quarter of FY23, marking only the second such decline in five years. This trend of underperformance continued throughout FY24, with revenue estimates being revised downward by $460 million for FY25 and $740 million for FY26, reflecting a significant slowdown in expected revenue growth and operating margins. Additionally, projections suggest a further quarterly revenue decline of 5% for the upcoming quarter, alongside risks to ongoing revenue and earnings growth, particularly in the software sector, contributing to a negative outlook for the company’s financial health.
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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