Evercore ISI Group Rates Accenture (ACN) buy, $180 Price Target
Analyst David Togut maintains a $180 price target as the consulting giant navigates a busy year for tech services, a 39.44% upside from the current price.
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Evercore ISI Group rated Accenture plc ($ACN) "buy" with a $180 price target on June 18, 2026.
Since the rating, $ACN is down 1.7% after 1 week, up 14.4% after 1 month and up 83.1% to date (from the $125.45 close on Jun 18, 2026).
Key Points
- Evercore ISI analyst David Togut reiterated a Buy rating on Accenture plc (ACN) with a $180 price target on June 18, 2026.
- Evercore ISI Group's $180 price target implies 39.44% upside from Accenture plc's ($ACN) current $129.09 share price.
- The stock is currently trading near $129.09, which sits toward the lower end of its 52-week range of $118.15 to $291.09.
- The broader analyst community remains divided, with recent price targets ranging from $193.00 to $260.00 across firms like TD Cowen and Goldman Sachs.
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Evercore ISI analyst David Togut reaffirmed a positive outlook on Accenture plc (ACN) on June 18, 2026. The firm reiterated its Buy rating and kept its price target at $180.00. This call comes as the professional services company continues to expand its reach into artificial intelligence and cloud automation through high-profile partnerships with major tech players like Amazon Web Services and Microsoft.
Wall Street Analyst Outlook
The $180.00 target from Evercore ISI is actually on the conservative side compared to other recent updates from major investment banks. On October 15, 2026, TD Cowen maintained a Hold rating but lifted its price target to $201.00 from $193.00. That same day, Susquehanna kept its Neutral stance while raising its target to $230.00. Earlier in the month, Mizuho maintained an Outperform rating with a $241.00 target. Goldman Sachs remains one of the most optimistic, sticking with a Buy rating and a $260.00 target as of October 2. Overall, the consensus among 24 analysts leans toward a Buy, with an average price target of $224.95.
Accenture Stock Performance
On this Thursday, shares of Accenture were trading at $129.09. The stock has experienced significant volatility over the past year, falling from a high of $291.09 to a low of $118.15. The current price is currently below its 50-day moving average of $188.01 and its 200-day moving average of $193.06. This suggests the stock has faced some downward pressure recently, despite the long-term growth targets set by many analysts. The company currently has a P/E ratio of 16.6, while its forward P/E of 14.2 indicates that investors expect better earnings ahead.
$ACN price target
Accenture plc daily closes and this analyst's $180 target. Not advice.
Recent Earnings and Growth
Accenture reported annual revenue of $74.18 billion, which represents a 6.2% increase over the previous period. The company has maintained a healthy net margin of 11.3% and a return on equity of 26.0%. These figures show the company is efficient at turning its service contracts into profit. Investors looking for the next update can mark their calendars for December 17, 2026, when the company is expected to release its next set of financial results.
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 Stability
The company provides a steady return to its shareholders through a dividend that currently yields 3.04%. Accenture uses about 50.9% of its earnings to fund these payments, a payout ratio that suggests the dividend is well-covered by current profits while still leaving room for the company to reinvest in its operations.
Consulting and Tech Strategy
Accenture is one of the world's largest providers of strategy and technology consulting. It helps businesses move their operations to the cloud, secure their data, and integrate artificial intelligence. Its massive workforce of 814,000 people works across almost every major industry, from banking and healthcare to defense and energy. This broad reach allows the company to weather downturns in specific sectors, as it can pivot its resources to where demand is highest.
What to Watch at Accenture plc
As Accenture approaches its next earnings date in December, investors will likely focus on whether the company can maintain its revenue growth in a competitive environment for IT services. The wide range of analyst price targets suggests there is no clear agreement on the stock's short-term path. While analysts like David Togut see value at $180.00, others believe the stock could climb much higher if its AI-driven projects begin to scale faster.
Source: Evercore ISI Group's rating change on $ACN (Jun 18, 2026). Written by software, not financial advice. How we make alerts
