Bull case
ACN would need investors to value it at roughly 19x earnings — about 7x more generous than today's 13x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Three scenarios for where ACN stock could go
ACN would need investors to value it at roughly 19x earnings — about 7x more generous than today's 13x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
At 15x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push ACN down roughly 8% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.

Accenture is a global professional services firm that provides strategy, consulting, digital, technology, and operations services to clients worldwide. It generates revenue primarily through consulting fees and managed services contracts — with its largest segments being Communications, Media & Technology (~20% of revenue) and Financial Services (~19%) — while operating on a project-based and long-term outsourcing model. The company's key advantage is its massive scale and deep client relationships built over decades, creating a trusted advisor status that's difficult for smaller competitors to replicate.
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q2 2025 | $3.49/$3.35 | +4.2% | $17.7B/$17.3B | +2.4% |
| Q3 2025 | $3.03/$2.98 | +1.7% | $17.6B/$17.4B | +1.3% |
| Q4 2025 | $3.94/$3.74 | +5.3% | $18.7B/$18.5B | +1.2% |
| Q1 2026 | $2.93/$2.84 | +3.2% | $18.0B/$17.8B | +1.1% |
ACN beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest annual revenue by segment or product family
Tap, hover, or focus a slice to inspect segment detail.
Latest annual revenue by reported region
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Fair value est. $224 — implies +24.6% from today's price.
| Metric | ACN | S&P 500 | Technology | 5Y Avg ACN |
|---|---|---|---|---|
| Forward PE | 12.6x | 19.1x-34% | 21.7x-42% | — |
| Trailing PE | 14.4x | 25.2x-43% | 27.5x-48% | 29.0x-50% |
| PEG Ratio | 1.59x | 1.75x | 1.47x | — |
| EV/EBITDA | 8.3x | 15.3x-45% | 17.4x-52% | 18.6x-55% |
| Price/FCF | 10.0x | 21.3x-53% | 19.8x-50% | 22.1x-55% |
| Price/Sales | 1.6x | 3.1x-50% | 2.4x-35% | 3.2x-52% |
| Dividend Yield | 3.35% | 1.88% | 1.18% | 1.49% |
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolACN generates $12.5B in free cash flow at a 17.3% margin — 26.8% ROIC signals a durable competitive advantage · returns 7.6% of market cap to shareholders annually.
Revenue, margins, and cash generation
ROIC, leverage, and debt serviceability
How capital is returned to owners
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageKey factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
Global economic uncertainties, fluctuating tariffs, and weakening consumer confidence can reduce client spending, prolong sales cycles, and historically cause significant drawdowns during sovereign events. Reduced government spending on contracts could hit revenue streams and force resource reallocation.
Government contracts face heightened scrutiny and stricter terms, increasing reputational and contractual risk. Accenture must navigate diverse regulatory environments across its global operations, and any non‑compliance could lead to penalties or loss of contracts.
AI adoption can drive cost deflation, compress contract values, and alter revenue models for cloud, data, and AI solutions. Rapid technological changes may shift client usage patterns, requiring Accenture to adapt quickly or risk losing market share.
Changes in accounting standards or assumptions can materially affect financial results. Negative or inaccurate information, even if rumor‑based, can damage reputation and client relationships, potentially impacting earnings. The probability of financial distress in the next 24 months is estimated at 5.21%.
In a competitive landscape, client caution on spending for large IT transformation projects, especially amid economic uncertainty, can reduce new contract acquisition and revenue growth.
Expansion into new service areas exposes Accenture to operational, legal, regulatory, ethical, and technological risks that could harm reputation and demand for services.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Accenture is positioning itself as a primary enabler of AI adoption within enterprises, training a large portion of its workforce in AI and data professionals and partnering with major cloud providers such as Google Cloud, Microsoft, and AWS. Recent AI bookings were strong, with $2.2 billion in new AI sector bookings and a 120% year-over-year increase in AI revenues, indicating significant upside as only a fraction of clients currently use advanced AI services.
Accenture’s managed services segment is expanding, providing a stable revenue stream that supports overall business resilience. The segment’s growth contributes to diversified revenue across sectors and geographies, mitigating economic shocks.
Accenture reported a 6% year-over-year increase in revenue, alongside a year-over-year rise in revenue per full-time employee and a slight expansion in operating margins, signaling operational efficiency and scalability.
Accenture maintains a healthy return on equity and a consistent dividend payout, with substantial shareholder returns through buybacks and dividends, providing a steady income stream for investors.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
ACN ACN Accenture plc | $108.7B | 12.6x | +4.7% | 10.7% | Buy | +71.8% |
IBM IBM International Business Machines Corporation | $211.8B | 18.2x | +4.9% | 15.6% | Hold | +37.2% |
CTS CTSH Cognizant Technology Solutions Corporation | $24.3B | 9.0x | +4.8% | 10.4% | Hold | +62.3% |
WIT WIT Wipro Limited | $20.9B | 0.2x | +2.6% | 15.1% | Hold | +268.8% |
INF INFY Infosys Limited | $51.3B | 16.6x | +1.4% | 16.2% | Hold | +33.7% |
EPA EPAM EPAM Systems, Inc. | $5.9B | 8.4x | +7.4% | 7.0% | Buy | +84.1% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
ACN returns 7.6% annually — 3.35% through dividends and 4.3% through buybacks.
Yield, cadence, and growth quality
How much per-share support comes from repurchases
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $3.26 | — | — | — |
| 2025 | $6.07 | +13.5% | 2.8% | 5.1% |
| 2024 | $5.35 | +15.1% | 2.1% | 3.6% |
| 2023 | $4.65 | +15.4% | 2.1% | 3.5% |
| 2022 | $4.03 | +11.6% | 2.2% | 3.5% |
Common questions answered from live analyst data and company financials.
Accenture plc (ACN) is rated Buy by Wall Street analysts as of 2026. Of 53 analysts covering the stock, 39 rate it Buy or Strong Buy, 13 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $300, implying +71.8% from the current price of $175. The bear case scenario is $160 and the bull case is $269.
The Wall Street consensus price target for ACN is $300 based on 53 analyst estimates. The high-end target is $330 (+89.0% from today), and the low-end target is $265 (+51.8%). The base case model target is $209.
ACN trades at 12.6x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
The primary risks for ACN in 2026 are: (1) Macroeconomic & Political — Global economic uncertainties, fluctuating tariffs, and weakening consumer confidence can reduce client spending, prolong sales cycles, and historically cause significant drawdowns during sovereign events. (2) Legal & Regulatory — Government contracts face heightened scrutiny and stricter terms, increasing reputational and contractual risk. (3) Technology & Innovation — AI adoption can drive cost deflation, compress contract values, and alter revenue models for cloud, data, and AI solutions. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
Analyst consensus estimates ACN will report consensus revenue of $75.5B (+4.7% year-over-year) and EPS of $13.56 (+9.9% year-over-year) for the upcoming fiscal year. The following year, analysts project $80.5B in revenue.
A confirmed upcoming earnings date for ACN is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
Accenture plc (ACN) generated $12.5B in free cash flow over the trailing twelve months — a free cash flow margin of 17.3%. ACN returns capital to shareholders through dividends (3.4% yield) and share repurchases ($4.6B TTM).