Accenture plc Class A (Ireland) ($ACN) Stock Forecast: Down 5.2% Today

What is Accenture plc Class A (Ireland)?

Accenture (ACN) is a global professional services company providing solutions in strategy, consulting, digital, technology, and operations. The overall market sentiment today was bearish.

Why is Accenture plc Class A (Ireland) going down?

ACN stock is down 5.2% on Feb 21, 2025 14:56

• ACN stock closed at $384.84, down by -1.38% from the previous close.
• The launch of a joint venture to modernize Japan's infrastructure with AI and data-driven solutions did not seem to positively impact ACN's stock performance.
• The upcoming Q4 earnings report from Garmin (GRMN) may have diverted investor attention away from Accenture.
• Despite the positive news of strategic partnerships, market participants may have focused on other factors leading to the bearish trend in ACN stock today.

ACN Price Chart

ACN Technical Analysis

ACN News

Accenture ( ACN ) Registers a Bigger Fall Than the Market: Important Facts to Note

The latest trading day saw Accenture (ACN) settling at $384.84, representing a -1.38% change from its previous close.

https://www.zacks.com/stock/news/2419164/accenture-acn-registers-a-bigger-fall-than-the-market-important-facts-to-note

Accenture and Infroneer Launch AI-Powered JV to Transform Japan's Infrastructure - Accenture ( NYSE:ACN )

Infroneer and Accenture form JV to modernize Japan's aging infrastructure with AI and data-driven solutions. New JV to tackle Japan's infrastructure challenges, optimizing IT costs and boosting construction efficiency.

https://www.benzinga.com/tech/25/02/43820868/accenture-and-infroneer-launch-ai-powered-jv-to-transform-japans-infrastructure

Garmin to Report Q4 Earnings: What's in Store for the Stock?

GRMN's fourth-quarter 2024 results are likely to benefit from growth in its fitness, marine, aviation, auto OEM and outdoor end markets.

https://www.zacks.com/stock/news/2417036/garmin-to-report-q4-earnings-whats-in-store-for-the-stock

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Accenture plc Class A (Ireland) Price History

18.08.2024 - ACN Stock was down 5.3%

• Despite recent positive sentiment and stock performance, the current bearish trend in ACN may stem from investor profit-taking following a period of substantial growth.
• The optimistic investor sentiment reflected in options trading could have raised expectations, potentially prompting a sell-off when those expectations were not met.
• Conflicting opinions among Wall Street analysts, with an average Buy recommendation, may have added to uncertainty and fueled selling pressure on the stock.
• Investors should carefully assess recent market trends and the mixed signals surrounding ACN before making investment decisions to navigate through stock volatility.

17.08.2024 - ACN Stock was down 3.9%

• Despite the positive long-term performance, Accenture (ACN) experienced a bearish movement today.
• The bullish sentiment surrounding the stock, with analysts recommending it as a good investment, might not have been enough to counteract short-term market pressures.
• The overall market movement could have influenced ACN's decline, as even strong stocks can be impacted by broader market trends.
• Investors might be taking profits after the recent rise in ACN's stock price, leading to a temporary bearish movement.

26.08.2024 - ACN Stock was up 5.1%

• Accenture raised its FY25 revenue growth guidance to 3-6%, showcasing confidence in future performance despite missing FY24 expectations.
• The company unveiled a $4 billion share buyback program, reflecting strong quarterly revenue and exceeding analyst predictions.
• With Q4 earnings beating expectations, including $20 billion in new bookings, Accenture's performance and strategic decisions have impressed investors.
• The market sentiment towards Accenture remains overwhelmingly bullish, with financial giants making notable bullish moves on the stock, indicating positive outlook and confidence in the company's future prospects.

21.01.2025 - ACN Stock was down 5.2%

• ACN stock closed at $384.84, down by -1.38% from the previous close.
• The launch of a joint venture to modernize Japan's infrastructure with AI and data-driven solutions did not seem to positively impact ACN's stock performance.
• The upcoming Q4 earnings report from Garmin (GRMN) may have diverted investor attention away from Accenture.
• Despite the positive news of strategic partnerships, market participants may have focused on other factors leading to the bearish trend in ACN stock today.

26.08.2024 - ACN Stock was up 7.3%

• Reported fourth-quarter revenue of $16.41 billion, surpassing analysts' expectations, showcasing strong financial performance.
• Announced a $4 billion share buyback program, indicating confidence in its future growth prospects.
• Positive sentiment from financial giants and options trading data revealed a bullish outlook on Accenture, contributing to the stock's upward momentum.
• Focus on AI technology and strong quarterly earnings results likely fueled investor optimism and drove the bullish market movement.

19.11.2024 - ACN Stock was up 5.1%

• ACN experienced a strong bullish movement today.
• The bullish trend was primarily fueled by Accenture's impressive first-quarter financial results and optimistic outlook for FY25 revenue growth.
• The company exceeded revenue estimates, reported growth in both revenue and earnings per share, and secured significant new bookings, including generative AI deals.
• The upbeat results and Wall Street's bullish views on the stock have likely contributed to the positive market sentiment and the stock's upward trajectory.

05.02.2024 - ACN Stock was down 1.7%

• The acquisition of The Lumery, a Melbourne-based marketing technology consultancy, by Accenture could have led to increased expenses or concerns about integration, potentially impacting the stock negatively.
• Despite being considered a good investment by brokers, the market downturn might have overshadowed the positive sentiment, leading to a bearish movement in ACN stock.
• The overall market dip could have influenced the stock movement of Accenture, as broader market trends often impact individual stock performances.

21.02.2024 - ACN Stock was down 7.1%

• Accenture cut its fiscal-year 2024 revenue forecast due to economic uncertainty, leading to a bearish movement in its stock.
• Despite reporting an earnings beat in Q2 2024, Accenture's revenue fell short of analyst estimates, contributing to the downward trend.
• The IT industry spending gloom and clients curbing spending on consulting services likely impacted Accenture's revenue outlook and stock performance.
• While the broader market saw gains, Accenture's specific challenges in the IT sector resulted in a notable decline in its stock price.

21.02.2024 - ACN Stock was down 5.9%

• ACN stock experienced a strong bearish movement recently.
• The company reported an increase in Q2 profit but fell short of expectations, with revenues remaining flat, potentially disappointing investors.
• Accenture adjusted its fiscal-year 2024 revenue forecast downwards as clients cut back on spending for consulting services, resulting in a negative market sentiment.
• Despite a generally bullish market, with the Dow Jones index showing gains, Accenture's revised revenue outlook may have dampened investor confidence, influencing the bearish performance of ACN stock.

21.02.2024 - ACN Stock was down 8.5%

• Following the second-quarter fiscal 2024 sales missing consensus expectations, Accenture's stock witnessed a bearish trend.
• The company's decision to lower its full-year revenue growth guidance added to the negative investor sentiment.
• Despite an overall positive market outlook with U.S. stocks trading higher, Accenture's stock faced concerns regarding sales and new bookings, resulting in the downward adjustment of its guidance.
• Accenture attributed the downward revision of its annual revenue forecast to uncertainties in the macro environment and a slowdown in the consulting market, which further impacted its stock price negatively.

11.06.2024 - ACN Stock was up 2.7%

• The bullish movement of Accenture's stock today is linked to its strategic acquisitions in the semiconductor design services sector, including Excelmax Technologies and Cientra.
• These acquisitions have bolstered Accenture's silicon design and engineering capabilities, positioning the company for growth in consumer devices, data centers, AI, and edge AI deployments.
• Initially, the lack of detailed information about the acquisitions might have led to some investor uncertainty. However, the overall market sentiment appears to have acknowledged the long-term potential of these strategic moves, resulting in the upward movement of Accenture's stock price today.

01.07.2024 - ACN Stock was down 1.1%

• Today's bearish movement in Accenture's stock (ACN) could be attributed to several factors:
• Highlighted growth projections in consulting services and healthcare BPO markets may have raised concerns among investors about potential competition and market saturation for Accenture.
• The company's partnership expansion to strengthen data encryption and protect against cyber threats could indicate increased expenses or investments in cybersecurity measures, impacting short-term profitability.
• Overall market sentiment or broader economic factors may have influenced the bearish trend in ACN stock, as investors may be adjusting their portfolios in response to macroeconomic indicators or geopolitical events.