Guggenheim Rates Accenture (ACN) buy, $185 Price Target
Guggenheim has reaffirmed its buy rating on Accenture, setting a price target of $185, a 43.31% upside from the current price.
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Guggenheim rated Accenture plc ($ACN) "buy" with a $185 price target on June 22, 2026.
Since the rating, $ACN is down 0.1% after 1 week, up 13.6% after 1 month and up 87.7% to date (from the $122.37 close on Jun 22, 2026).
Key Points
- Guggenheim reiterated its buy rating on Accenture plc with a target price of $185, while shares are currently at $129.09.
- Accenture's stock trades significantly below its 52-week high of $291.09, indicating potential upside.
- Analysts have a mean price target of about $224.95 for Accenture, suggesting favorable long-term prospects.
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Guggenheim's Latest Rating on Accenture
On June 22, 2026, Guggenheim reiterated its buy rating on Accenture plc (NYSE: ACN) with a price target of $185. This comes as shares are currently trading at $129.09, reflecting a considerable gap between the current price and the target.
What This Rating Means
Guggenheim's reaffirmation is significant as it indicates confidence in Accenture's growth potential. The firm has not changed its target from previous assessments, which suggests a stable outlook for the company despite current market conditions.
Analysts Set New Price Targets
Other analysts have also weighed in on Accenture. On October 15, 2026, TD Cowen maintained a Hold rating with a target of $201, up from $193. Susquehanna also maintained a Neutral rating, increasing its target to $230 from $210 on the same day. Mizuho has an Outperform rating with a target of $241, while Goldman Sachs maintains a Buy rating with a target of $260. This collection of ratings shows a generally positive sentiment towards Accenture, with targets spread across a range of $201 to $260.
Stock Performance Context
Currently, Accenture's shares are trading significantly below their 52-week high of $291.09, which may present an opportunity for investors looking for recovery potential. The stock is also above its 52-week low of $118.15. With a market cap of approximately $137.6 billion and a P/E ratio of 16.6, the stock's pricing reflects a moderate valuation compared to its earnings.
$ACN price target
Accenture plc daily closes and this analyst's $185 target. Not advice.
Recent Earnings
Accenture reported revenue of about $74.2 billion for the last year, with a revenue growth rate of 6.2%. The net margin stands at 11.3%, and the return on equity (ROE) is around 26%. The next earnings report is expected on December 17, 2026, which could provide further insights into its financial health.
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.
Overview of Accenture
Accenture plc is a global professional services company based in Dublin, Ireland. It offers a wide range of services, including strategy, consulting, digital transformation, technology, and operations across various sectors. The reaffirmed buy rating and growth outlook from Guggenheim aligns with its ongoing collaborations with major tech firms like Amazon Web Services and Microsoft.
What to Watch at Accenture plc
Investors will be looking forward to Accenture's next earnings report in December, which could influence future analyst ratings and price targets. The reiteration from Guggenheim is based on the company's performance as of June 22, 2026, and may not reflect its current position.
Source: Guggenheim's rating change on $ACN (Jun 22, 2026). Written by software, not financial advice. How we make alerts
