Accenture stock price has had a difficult year as concerns about its business continued. After initially soaring to a high of $392 in January, the ACN stock dropped to the current $270.
Accenture remains a hold; shares are fully valued at $273.74, reflecting modest growth and AI optimism already priced in. Q1 results beat expectations with $18.7B revenue (+6% YoY) and $3.94 EPS (+10%), but FY guidance stays cautious at 2-5% revenue growth. AI bookings surged 76% YoY to $2.2B, yet meaningful revenue impact from AI remains in early stages, with upside dependent on organic growth...
ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services, a wholly owned subsidiary of Accenture (NYSE: ACN), announced today its agreement to explore partnerships with the U.S. Department of Energy (DOE) to support the Genesis Mission. This era-defining initiative is a national imperative that will accelerate American leadership in the global Artificial Intelligence (AI) race and fundamenta...
Accenture posted stronger-than-expected first-quarter results on Thursday, helped by rising demand for artificial intelligence-led IT services, as clients increasingly turn to automation and machine learning to overhaul operations. The technology consulting firm reported revenue of $18.7 billion for the quarter, up 6% from a year earlier and ahead of Wall Street expectations of $18.53 billion.
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