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.
Image source: Getty Images.
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
€123.00
-2.690%
With 55 Buy predictions and not a single Sell prediction Accenture plc A is an absolute favorite of our community.
With a target price of 244 € there is a hugely positive potential of 98.37% for Accenture plc A compared to the current price of 123.0 €.
