Why Accenture Stock Opened 18.9% Lower Today
Shares of tech consulting veteran (NYSE: ACN) opened Thursday's trading 18.9% lower, hamstrung by a mixed earnings report with disappointing guidance.
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In the third quarter of fiscal year 2026, Accenture's revenues rose 6% year-over-year to $18.7 billion. Diluted earnings jumped 9% to $3.80 per share. Wall Street's consensus estimates had called for earnings near $3.72 per share on roughly $18.78 billion in top-line sales, so the report was a mixed bag.
Source Fool.com
Accenture plc A Stock
€154.50
1.680%
The stock is an absolute favorite of our community with 55 Buy predictions and no Sell predictions.
As a result the target price of 244 € shows a very positive potential of 57.93% compared to the current price of 154.5 € for Accenture plc A.
