Guggenheim Has Lowered Expectations for Accenture (NYSE:ACN) Stock Price

Accenture (NYSE:ACN) had its price objective lowered by equities researchers at Guggenheim from $275.00 to $250.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Guggenheim’s target price indicates a potential upside of 24.74% from the stock’s current price.

Several other equities research analysts have also recently weighed in on ACN. The Goldman Sachs Group restated a “buy” rating and set a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Rothschild & Co Redburn increased their price target on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Jefferies Financial Group raised their price objective on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. Berenberg Bank assumed coverage on shares of Accenture in a report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 target price for the company. Finally, Citigroup dropped their target price on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Eighteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $276.00.

Accenture Stock Performance

NYSE:ACN opened at $200.41 on Friday. Accenture has a 12 month low of $187.00 and a 12 month high of $325.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.41. The firm has a market capitalization of $123.38 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.90 and a beta of 1.27. The business’s fifty day moving average price is $234.38 and its 200 day moving average price is $246.68.

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

Insider Buying and Selling at Accenture

In other news, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the transaction, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. The trade was a 27.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 22,088 shares of company stock valued at $5,970,434. 0.02% of the stock is owned by company insiders.

Hedge Funds Weigh In On Accenture

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Running Oak Capital LLC increased its position in Accenture by 14.3% during the 3rd quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after purchasing an additional 7,190 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Accenture in the 2nd quarter valued at approximately $2,658,000. Weitz Investment Management Inc. boosted its stake in shares of Accenture by 28.8% in the third quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock valued at $39,592,000 after buying an additional 35,900 shares in the last quarter. Norges Bank purchased a new stake in shares of Accenture in the second quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. grew its holdings in Accenture by 17.4% during the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after acquiring an additional 38,325 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

More Accenture News

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

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.