Accenture plc (ACN) Reiterated at Buy by Stifel as In-Line Q4 Results Expected

Stifel analyst David Grossmam reiterated a Buy rating and $225.00 price target on Accenture plc (NYSE: ACN).

The analyst commented, "Expect in-line F4Q (Aug)EOQ messaging (to us), implied midpoint revenue guide (+1% organic cc)Modest margin expansion. Stock likely trades on FY27 guide/F4Q bookings. Bookings Difficult to forecast, industry headwinds muting expectations.Consulting bookings growth-trend generally positive; +M-HSD growth would likely convey stability.Outsourcing bookings trend decelerating; +HSD y/ y growth stability threshold.FY27 (Aug) guide We model +1% FY27 cc organic revenue growth (F4Q26 exit-rate), below consensus +2% (assuming current spotrates).Revenue guide likely a range with consensus midpoint (+0-4%), though skepticism likely persists unless F4Q bookings/F1Q guide supports acceleration.Our bias lower-end of margin range (+10-30bp)Relative performance reflects oversold conditions following F3QACN +37% past 3-months (S&P500 equal-weight +2%)Now 11x FCF (w/SBC), a low-no growth multiple.Best to reassess post-quarterIndustry data-points remain challenged (lower expectations) and still view as longer-term AI beneficiary; however, stock re-rating increases riskInvestor day (10/14) helpful, but unlikely standalone catalyst."

For an analyst ratings summary and ratings history on Accenture plc click here. For more ratings news on Accenture plc click here.

Shares of Accenture plc closed at $175.80 yesterday.

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