Bull case
ACN would need investors to value it at roughly 19x earnings — about 10x more generous than today's 9x 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 10x more generous than today's 9x 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 0x multiple contraction could push ACN down roughly 2% 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. $166 — implies +27.3% from today's price.
| Metric | ACN | S&P 500 | Technology | 5Y Avg ACN |
|---|---|---|---|---|
| Forward PE | 9.4x | 18.8x-50% | 22.3x-58% | — |
| Trailing PE | 10.7x | 24.4x-56% | 29.0x-63% | 29.0x-63% |
| PEG Ratio | 1.19x | 1.66x-28% | 1.51x-21% | — |
| EV/EBITDA | 6.1x | 15.2x-60% | 16.6x-63% | 18.6x-67% |
| Price/FCF | 7.4x | 20.7x-64% | 19.2x-62% | 22.1x-66% |
| Price/Sales | 1.2x | 3.1x-63% | 2.4x-53% | 3.2x-65% |
| Dividend Yield | 4.48% | 1.91% | 1.11% | 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 $12.6B in free cash flow at a 17.2% margin — 26.8% ROIC signals a durable competitive advantage · returns 10.2% 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 June 17, 2026
Stock has fallen 40% amid fears of federal spending cuts impacting revenue.
Concerns that AI advancements may cannibalize traditional consulting services.
Despite strong bookings, revenue growth may face headwinds from macroeconomic factors.
AI models forecast a potential 4.8% decline in stock price by 2026.
Intense competition in IT and management consulting could pressure margins.
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 June 17, 2026
Accenture has demonstrated consistent revenue growth, with $18.7 billion in Q1 FY2026 revenue and $20.9 billion in new bookings.
The company's balanced mix of consulting and managed services provides resilience and diversified revenue streams.
Accenture has historically delivered strong long-term returns with lower volatility than the market, outperforming the S&P 500 over decades.
Accenture is a leader in helping enterprises reinvent through digital core building and AI-powered solutions, driving value across industries.
The company's unmatched services in strategy, consulting, and technology create deep client lock-in and recurring revenue opportunities.
Accenture's focus on disciplined capital allocation supports steady compounding and shareholder value creation.
As a top-tier technology consulting firm, Accenture benefits from its established reputation and broad industry expertise.
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 | $80.3B | 9.4x | +4.6% | 10.7% | Buy | +81.0% |
IBM IBM International Business Machines Corporation | $233.7B | 20.0x | +3.7% | 15.6% | Hold | +25.0% |
CTS CTSH Cognizant Technology Solutions Corporation | $20.7B | 7.6x | +6.4% | 10.4% | Hold | +78.3% |
WIT WIT Wipro Limited | $25.0B | 0.2x | +5.5% | 15.1% | Hold | +207.5% |
INF INFY Infosys Limited | $42.9B | 13.9x | +4.0% | 16.2% | Hold | +59.9% |
EPA EPAM EPAM Systems, Inc. | $4.0B | 5.9x | +6.6% | 7.0% | Buy | +88.7% |
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 10.2% annually — 4.48% through dividends and 5.7% 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, 37 rate it Buy or Strong Buy, 15 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $236, implying +81.0% from the current price of $131. The bear case scenario is $127 and the bull case is $266.
The Wall Street consensus price target for ACN is $236 based on 53 analyst estimates. The high-end target is $320 (+145.1% from today), and the low-end target is $177 (+35.6%). The base case model target is $202.
ACN trades at 9.4x 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 cheap versus peers. 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) Federal spending cuts — Stock has fallen 40% amid fears of federal spending cuts impacting revenue. (2) AI cannibalization fears — Concerns that AI advancements may cannibalize traditional consulting services. (3) Revenue growth pressure — Despite strong bookings, revenue growth may face headwinds from macroeconomic factors. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
Analyst consensus estimates ACN will report consensus revenue of $75.4B (+4.6% year-over-year) and EPS of $13.51 (+9.5% year-over-year) for the upcoming fiscal year. The following year, analysts project $78.6B in revenue.
Accenture plc is expected to report its next earnings on approximately 2026-06-18. Consensus expects EPS of $3.68 and revenue of $18.8B. Over recent quarters, ACN has beaten EPS estimates 92% of the time.
Accenture plc (ACN) generated $12.6B in free cash flow over the trailing twelve months — a free cash flow margin of 17.2%. ACN returns capital to shareholders through dividends (4.5% yield) and share repurchases ($4.6B TTM).