On October 8, Accenture PLC rose 3.05% in regular trading, trading at $202.9/share, with Turnover of $81.8062 million.
The move follows a series of recent analyst target-price increases tied to stronger-than-expected fiscal Q4 results and record bookings, underscoring renewed confidence in enterprise AI demand despite lingering questions about long-term IT-services profitability.
Evercore ISI lifted its target to $250 from $180, Mizuho to $241 from $226, Berenberg to $235 from $220, and BMO to $235 from $200, while Wells Fargo raised its target to $210 from $194. Accenture reported fiscal Q4 revenue of $186.79 billion, up 6% in dollars, with new bookings of $22.17 billion and a book-to-bill of 1.2. The company guided fiscal 2027 EPS to $14.39–$14.81 on revenue growth of 3%–6%, with CFO commentary indicating roughly $5 billion more in acquisitions planned for fiscal 2027.
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