Evercore ISI Reiterates Buy Rating for Accenture plc
Evercore ISI Group maintains its buy rating on Accenture plc with a $180 price target, a 39.44% upside from the current price.
Key Points
- Evercore ISI Group reiterated its buy rating on Accenture plc with a price target of $180 as of June 18, 2026.
- Evercore ISI Group's $180 price target implies 39.44% upside from Accenture plc's ($ACN) current $129.09 share price.
- Accenture's stock is currently trading at $156.17, with a market cap of $96 billion and a P/E ratio of 12.79.
- Insiders, including CEO Julie Spellman Sweet, recently purchased shares, and other analysts like JP Morgan maintain a buy rating.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 18, 2026, Evercore ISI Group reiterated its buy rating on Accenture plc (NYSE: ACN), setting a price target of $180. The decision reflects analyst David Togut's confidence in the company's future prospects.
Accenture plc Stock Down 31.9%
Shares of NYSE:ACN are trading near $156.17. Accenture has a market cap of approximately $96 billion, with a P/E ratio of 12.79 and a forward P/E of 10.51. The stock has a 52-week low of $155.82 and a high of $307.77, and its 50-day moving average is $179.12, while the 200-day moving average stands at $226.75. Accenture maintains a current ratio of 1.34 and a quick ratio of 1.2, with a debt-to-equity ratio of 25.47.
$ACN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Accenture reported revenues of $72.11 billion, with a revenue growth of 8.3%. The company's net margin is 10.61%, and it has a return on equity of 24.76%. The next earnings report is scheduled for June 18, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
8 analysts cut price targets. 0 raised targets after the report.
-
EPS & revenue
EPS beat estimates by 1.4%. Revenue missed estimates by 1.1%.
-
Profit surprise
EBITDA came in 17% below estimates. Operating income met estimates.
-
Pre-earnings setup
Expectations were about average going in.
-
Analyst signal
2 analyst downgrades after the report. 8 price target cuts after the report.
-
Earnings quality
Free cash flow was positive.
Earnings Call Summary
Accenture delivered a strong quarter with $18.7 billion in revenue, up four percent year over year, and record bookings of $22.1 billion. The company now has 85,000 artificial intelligence and data professionals, exceeding its goal. Management highlighted major demand from clients across artificial intelligence transformation, cybersecurity, and core business process modernization, with significant momentum in large enterprise programs and growing opportunities in emerging markets.
Guidance Accenture raised full year guidance and now expects between $127.25 billion and $128.75 billion in revenue for fiscal 2026. They also increased earnings per share guidance to between $13.65 and $13.90. Management expects three percent to five percent revenue growth, with free cash flow expected to reach $10.8 billion to $11.5 billion, and plans to deploy about $5 billion in acquisitions.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend
Accenture offers a dividend rate of $6.52, resulting in a yield of 3.94%. The dividend payout ratio stands at 50.98%.
Insider Buying and Selling at Accenture plc
Recent insider activity includes several purchases on June 5, 2026. CEO Julie Spellman Sweet acquired 216 shares at an average price of $179.76. Other insiders like General Counsel Joel Unruch and Chief Accounting Officer Melissa Burgum also bought shares on the same date.
Analysts Set New Price Targets
Evercore ISI Group maintained its buy rating with a $180 price target on June 18, 2026. On June 15, 2026, Morgan Stanley downgraded the stock to hold with a $177 target. Meanwhile, JP Morgan and TD Cowen maintained buy ratings with targets of $201 and $258, respectively.
About Accenture plc
Accenture plc is a global professional services company based in Dublin, Ireland. It offers a range of services, including strategy and consulting, digital, technology, and operations. Led by CEO Julie Spellman Sweet, Accenture serves clients in various sectors such as communications, financial services, health, and public service, with a workforce of approximately 786,000 employees.
Bottom Line
Evercore ISI Group's reiteration of its buy rating for Accenture reflects ongoing confidence in the company's strategy and market position. Investors often track such analyst ratings for insights into potential stock movements. As always, 13F filings and analyst reports are backward-looking and may not reflect current positions or future outlooks.
Get Accenture plc alerts
New 13F filings, insider trades, and analyst moves on $ACN, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.