Accenture plc

How has the stock done?

Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.

Is the business growing?

In the fiscal year to Aug 2026, Managed Services was 50% and Consulting Revenue was 50% of revenue.

In the fiscal year to Aug 2026, Americas was 49% and EMEA was 36% of revenue.

Quarters: Accenture plc's SEC filings, named by the month they end. Fiscal years: Accenture plc's annual reports to the SEC.

How it makes money

Of every $100 in revenue, $11.3 ends up as net income. Net margin was roughly flat over the past 3 years.

Each margin is that line of the income statement divided by revenue. Fiscal year: Accenture plc's annual reports to the SEC; quarters: SEC filings.

Customers and suppliers

In its latest annual report Accenture sells to the U.S. government, Starwood (now Marriott); it names no suppliers.

 

ACNAccenture

Customers

U.S. government 7.0%

Starwood (now Marriott) MAR

Changes since the previous annual report (10-K filed Oct 10, 2025)

U.S. governmentCustomer, share of revenue8% → 7%

Named in other companies’ filings

MongoDB MDBcalls it a partner · Software and systems integration partnership

Only the companies Accenture names in its 10-K filed Oct 16, 2026 (SEC). Named in other companies' filings: those whose own latest annual report or an 8-K since names Accenture. The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Hover a name for the filing's own words.

Is it expensive?

P/E of 18.4x, in line with the peer median of 20.5x, with earnings still growing.

In line with the peer median of 20.5x (excludes 1 unprofitable peer).

At 18.4× trailing earnings ACN is below most of its five-year range; the five-year median is 27.3×.

Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.

What analysts expect

The average analyst price target is $230, 8% below the current price; 37% of 27 analysts rate it a buy; earnings beat estimates in all of the last 4 quarters.

Buy or Strong Buy: 10 analysts (37%). Sell or Strong Sell: 0.

Over the past year the average of the analysts' latest price targets went from $288.00 to $224.22 (−22%), while ACN went from $247.57 to $249.95 (+1%). In the past three months targets were raised 22 times and never cut. 2 upgrades and 6 downgrades over the year; the latest: Baird moved it to Neutral from Outperform on Oct 21, 2026.

The day after each of these reports the stock moved −0.5% (Nov 2025, beat); +2.5% (Feb 2026, beat); −20.0% (May 2026, beat); +8.5% (Aug 2026, beat).

For the quarter ending Nov 2026 (Accenture reports on Dec 17, 2026), analysts expect adjusted earnings of $3.95 a share, 0.2% more than the $3.94 of a year earlier, and revenue of $19.4B, up 4% on a year earlier. For the fiscal year ending Aug 2027, they expect adjusted earnings of $14.66 a share, 5% more than the $13.96 of the year before, and revenue of $77.4B, up 4% on the year before.

Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.

Where the cash goes

Generated $11.6B in free cash flow over the year, of which $11.5B went back to shareholders (dividends plus buybacks), leaving $110M in the company.

Accenture had 605M diluted shares in the quarter ended Aug 2026, 3.8% fewer than a year earlier, and 1.3% fewer each year on average since Nov 2021. It spent $7.5B on buybacks over the last four quarters. Over the last four quarters its earnings per share rose 11.6% and its net income rose 9.0%: fewer shares added about 3 points.

Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.

Financial health

Current ratio 1.4, short-term debt is manageable; debt-to-equity 0.3, debt is very low and the balance sheet is solid.

Latest fiscal year balance sheet. Source: Yahoo Finance.

Who holds it

In the filings of 3 members of Congress and 7 funds whose copy leaves ACN out (not traded on the exchange): Jared Moskowitz, Mirae Asset Global Investments, Rob Wittman, Polen Capital Management, Swiss National Bank, Canada Pension Plan Investment Board and 4 more.

What did the funds Hunch tracks do?

Of the 83 funds whose 13F filings Hunch reads, 15 held ACN at the end of their latest quarter (for most, Q3 2026). Over that quarter 5 added shares, 8 cut, 1 bought new, 3 sold all and 1 held the same. The largest of them is Norges Bank, 7.20M shares worth $896M at Jun 30, 2026, 10.0% fewer than at Dec 31, 2025.

From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of ACN at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end. Norges Bank filed its 13F for Q1 2026 confidentially, with no holdings made public, so its row compares Q2 2026 with Q4 2025.

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