6-Mar-2026
Accenture ticks up even as Deutsche Bank cuts price target ahead of earnings
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Accenture ticks up even as Deutsche Bank
Seeking Alpha News (Fri, 6-Mar 12:38 PM ET)
New Buy Rating for Accenture (ACN), the Technology Giant
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Accenture is a leading IT services firm that provides consulting, system integration, and business process outsourcing to enterprises around the world. Customers of Accenture come from a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture is the world's largest professional services company by headcount with around 800,000 employees in over 120 countries.
Accenture PLC Class A Ordinary Shares (Ireland) trades on the NYSE stock market under the symbol ACN.
As of March 6, 2026, ACN stock price climbed to $215.00 with 5,749,272 million shares trading.
ACN has a beta of 0.79, meaning it tends to be less sensitive to market movements. ACN has a correlation of 0.20 to the broad based SPY ETF.
ACN has a market cap of $132.32 billion. This is considered a Large Cap stock.
Last quarter Accenture PLC Class A Ordinary Shares (Ireland) reported $19 billion in Revenue and $3.94 earnings per share. This beat revenue expectation by $157 million and exceeded earnings estimates by $.21.
In the last 3 years, ACN traded as high as $398.35 and as low as $188.73.
The top ETF exchange traded funds that ACN belongs to (by Net Assets): VTI, VOO, IVV, SPY, VTV.
ACN has underperformed the market in the last year with a return of -36.5%, while the SPY ETF gained +16.6%. In the last 3 month period, ACN fell short of the market, returning -18.7%, while SPY returned -1.7%. However, in the most recent 2 weeks ACN has outperformed the stock market by returning 0.0%, while SPY returned -1.8%.
ACN support price is $207.63 and resistance is $220.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACN shares will trade within this expected range on the day.