RBC Capital Reiterates Buy Rating on Accenture
RBC Capital continues to recommend buying Accenture with a price target of $175, a 35.56% upside from the current price.
Key Points
- RBC Capital reiterated its buy rating on Accenture with a price target of $175 on June 22, 2026.
- RBC Capital's $175 price target implies 35.56% upside from Accenture plc's ($ACN) current $129.09 share price.
- Accenture's stock traded at $128.99 on Monday, with a market cap of $78.3 billion and a P/E ratio of 10.22.
- Insiders, including CEO Julie Sweet, made purchases on June 5, 2026, while analysts maintain varied ratings.
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RBC Capital has reiterated its buy rating on Accenture plc (NYSE:ACN) with a price target of $175. This decision was announced on June 22, 2026, by analyst David Paige. The stock was trading at $128.99 on Monday.
RBC Capital vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Accenture
Institutional investors have been active in Accenture. BlackRock, Inc. increased its holdings by 1,069,810 shares, bringing its total to 57,140,737 shares valued at approximately $11.33 billion. Vanguard Capital Management LLC opened a new position with 39,983,869 shares worth about $7.93 billion. State Street Corp added 546,156 shares, totaling 28,810,831 shares valued at roughly $5.71 billion. Charles Schwab Investment Management Inc significantly increased its stake by 14,072,672 shares, now holding 19,500,578 shares valued at $3.87 billion.
Accenture plc Stock Down 31.9%
Shares of NYSE:ACN traded near $128.99 on Monday. Accenture has a market cap of $78.3 billion, a P/E ratio of 10.22, and a forward P/E of 8.67. The stock's 52-week range is between $125.60 and $307.77, with a 50-day moving average of $177.80 and a 200-day moving average of $226.11. The company holds a current ratio of 1.34 and a quick ratio of 1.21, with a debt-to-equity ratio of 25.04.
$ACN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Accenture reported revenue of $73.1 billion, reflecting a growth rate of 5.6%. The company achieved a net margin of 10.66% and a return on equity of 24.41%. Earnings per share were reported at $12.52. The next earnings release is scheduled for September 24, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 analysts cut price targets. 0 raised targets after the report.
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EPS & revenue
EPS beat estimates by 1.4%. Revenue missed estimates by 1.1%.
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Profit surprise
EBITDA came in 17% below estimates. Operating income met estimates.
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Pre-earnings setup
Expectations were about average going in.
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Analyst signal
2 analyst downgrades after the report. 8 price target cuts after the report.
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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 an annual dividend rate of $6.52, yielding 5.09%. The dividend payout ratio stands at 50.88%.
Insider Buying and Selling at Accenture plc
Several insiders, including CEO Julie Sweet, purchased shares on June 5, 2026. Julie Sweet bought 216 shares at an average price of $179.76. Other executives, such as John Walsh and Joel Unruch, also made similar transactions.
Analysts Set New Price Targets
On June 22, 2026, RBC Capital maintained its buy rating with a $175 price target. TD Cowen downgraded the stock to a hold with a $150 target, while Susquehanna maintained a hold rating with a $140 target. Guggenheim and Evercore ISI Group both maintained buy ratings, setting targets at $185 and $180, respectively. Morgan Stanley downgraded its rating to hold with a $177 target earlier in June.
About Accenture
Accenture plc is a global technology services company headquartered in Dublin, Ireland. It provides a wide range of services, including strategy, consulting, digital, technology, and operations. The company serves clients in various sectors such as communications, media, technology, financial services, and health. Accenture collaborates with leading companies like Amazon Web Services and Microsoft to deliver innovative solutions. Led by CEO Julie T. Spellman Sweet, the company employs approximately 779,000 people worldwide.
Bottom Line
RBC Capital's reiterated buy rating on Accenture highlights ongoing confidence in the company's prospects. The stock's valuation and recent insider purchases may interest investors. Remember, these analyst ratings are based on past data and may not reflect future performance.
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