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Accenture stock rallies after earnings beat expectations

Accenture stock rallies after earnings beat expectations

Caleigh Keating· ·1 min read · 0 reactions · 0 comments · 9 views
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On top of that, Accenture increased its quarterly dividend by 5% to $1.71 per share, which will be payable Nov. 13.For its fiscal-year 2027 outlook, Accenture sees 3%-6% year-over-year growth in both revenue and adjusted earnings per share.Following the beat, Stifel reiterated its buy rating of the professional services company and increased the stock's price target to $242 per share, up from $225. Analyst David Grossman pointed to broad-based outperformance in the stock due to smaller discretionary deals as well as activity in the federal government sector and accelerating demand from AI-related partners, showcasing stability in the company's business model.

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Canonical URLhttps://www.cnbc.com/2026/10/01/accenture-rallies-more-than-20percent-after-earnings-beat-heads-for-best-day-ever.html
Publication timeThu, 01 Oct 2026 20:19:31 GMT
Retrieval time2026-10-02T04:03:38.204Z
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"These results reflect the continued trust our clients place in us to help them reinvent and create value, the high level of innovation we bring every day and the extraordinary commitment of our Reinventors to our clients' success," Sweet said in a press release Thursday, noting broad-based growth across the business and record cash returned to shareholders.The company also posted a record in big-ticket client bookings, those valuing $100 million or more. On top of that, Accenture increased its quarterly dividend by 5% to $1.71 per share, which will be payable Nov.

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