BMO Capital Markets Lowers Accenture (NYSE:ACN) Price Target to $230.00

Accenture (NYSE:ACNGet Free Report) had its price objective decreased by research analysts at BMO Capital Markets from $300.00 to $230.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the information technology services provider’s stock. BMO Capital Markets’ price target indicates a potential upside of 14.76% from the company’s previous close.

ACN has been the topic of a number of other reports. Guggenheim reduced their price target on Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday. TD Cowen dropped their target price on Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Morgan Stanley reduced their target price on Accenture from $320.00 to $240.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, UBS Group restated a “buy” rating on shares of Accenture in a research note on Tuesday. Eighteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $276.00.

Check Out Our Latest Stock Analysis on ACN

Accenture Stock Down 1.5%

NYSE:ACN opened at $200.41 on Friday. The company’s 50-day simple moving average is $234.38 and its 200-day simple moving average is $246.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.34. Accenture has a fifty-two week low of $187.00 and a fifty-two week high of $325.71. The stock has a market capitalization of $123.38 billion, a P/E ratio of 16.41, a P/E/G ratio of 1.90 and a beta of 1.27.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data on Thursday, March 19th. The information technology services provider reported $2.93 EPS for the quarter, topping the consensus estimate of $2.84 by $0.09. The firm had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. Accenture’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.82 EPS. On average, equities analysts anticipate that Accenture will post 12.73 earnings per share for the current fiscal year.

Insider Buying and Selling at Accenture

In related news, CAO Melissa A. Burgum sold 3,588 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer owned 27,221 shares in the company, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. 0.02% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Accenture

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Accenture during the 4th quarter worth approximately $2,146,995,000. Capital International Investors increased its holdings in Accenture by 41.1% in the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after buying an additional 4,984,930 shares in the last quarter. Voloridge Investment Management LLC purchased a new position in Accenture in the third quarter valued at $311,694,000. Massachusetts Financial Services Co. MA raised its position in shares of Accenture by 12.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after acquiring an additional 1,148,970 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Accenture by 15.9% during the 4th quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock worth $2,192,907,000 after acquiring an additional 1,122,855 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

  • Positive Sentiment: Q2 beat and record bookings — Accenture reported EPS and revenue above expectations and said bookings remain strong, driven by AI and cloud demand; that underpins longer-term growth potential. BusinessWire: Q2 Results
  • Positive Sentiment: Strategic partnerships and product wins — New collaborations (notably with Microsoft on agentic security) and ongoing AI initiatives support deal pipeline and cross-sell opportunities. BusinessWire: Microsoft Collaboration
  • Positive Sentiment: Shareholder returns — Board announced a quarterly dividend (ex-dividend April 9) reinforcing cash return policy and yielding ~3.2%, which can support investor demand for the stock.
  • Neutral Sentiment: Selective analyst upgrades — HSBC moved to “hold” with a $220 target and a few firms maintain outperform/buy ratings even as they trim targets; sentiment among sell‑side analysts is mixed. Finviz: HSBC Upgrade
  • Negative Sentiment: Multiple price-target cuts — Several brokers trimmed targets (BMO to $230, RBC to $253, Guggenheim to $250, Robert W. Baird to $265) after the quarter, increasing near‑term downside perception despite differing ratings. Benzinga: Analyst Moves TickerReport
  • Negative Sentiment: Cautious revenue outlook — Management’s near-term revenue guidance came in below some Street expectations and the company warned of client caution on large IT transformation spending, which is the key driver of today’s weakness. Reuters: Revenue Forecast
  • Negative Sentiment: Analyst downward revisions and stock reaction — Several analysts cut earnings/forecasts after the print and the stock is declining on higher-than-normal volume, reflecting profit‑taking and concern about near‑term execution and AI disruption risks. Benzinga: Forecast Cuts

Accenture Company Profile

(Get Free Report)

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.

Further Reading

Analyst Recommendations for Accenture (NYSE:ACN)

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