Accenture plc Class A (Ireland) ($ACN) Stock Forecast: Up 5.1% Today

What is Accenture plc Class A (Ireland)?

Accenture (ACN) Market Accenture (ACN) is a multinational professional services company providing solutions in strategy, consulting, digital, technology, and operations. The stock is listed on the NYSE.

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

ACN stock is up 5.1% on Dec 19, 2024 19:00

• 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.

ACN Price Chart

ACN Technical Analysis

ACN News

Unpacking the Latest Options Trading Trends in Accenture - Accenture ( NYSE:ACN )

Deep-pocketed investors have adopted a bearish approach towards Accenture ACN, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/24/12/42596574/unpacking-the-latest-options-trading-trends-in-accenture

Accenture Posts Upbeat Results, Joins Darden Restaurants, CarMax And Other Big Stocks Moving Higher On Thursday - Darden Restaurants ( NYSE:DRI ) , Accenture ( NYSE:ACN )

U.S. stocks were higher, with the Dow Jones index gaining over 150 points on Thursday. Shares of Accenture plc ACN rose sharply in today's session after the company reported better-than-expected first-quarter financial results and raised FY25 revenue growth outlook.

https://www.benzinga.com/24/12/42595352/accenture-posts-upbeat-results-joins-darden-restaurants-carmax-and-other-big-stocks-moving-higher-on-thursday

Is It Worth Investing in Accenture ( ACN ) Based on Wall Street's Bullish Views?

Based on the average brokerage recommendation (ABR), Accenture (ACN) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

https://www.zacks.com/stock/news/2385771/is-it-worth-investing-in-accenture-acn-based-on-wall-streets-bullish-views

Why Is Accenture Stock Trading Higher On Thursday? - Accenture ( NYSE:ACN )

Accenture's Q1 revenue hit $17.7 billion, exceeding the $17.1 billion estimate, with 9% growth in U.S. dollars and $240M above guidance. Adjusted EPS reached $3.59, beating the $3.39 consensus; new bookings totaled $18.7B, including $1.2B from generative AI deals.

https://www.benzinga.com/24/12/42586612/accenture-delivers-q1-revenue-growth-bolstered-by-consulting-and-managed-services

Accenture ( ACN ) Q1 Earnings and Revenues Surpass Estimates

Accenture (ACN) delivered earnings and revenue surprises of 6.21% and 3.08%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2385629/accenture-acn-q1-earnings-and-revenues-surpass-estimates

Trending Today

Movement ($MOVE) Crypto Forecast: Down 5.0% Today

XRP ($XRP) Crypto Forecast: Up 10.7% Today

Ondo ($ONDO) Crypto Forecast: Down 5.1% Today

Chainlink ($LINK) Crypto Forecast: Up 6.7% Today

Memecoin ($MEME) Crypto Forecast: Up 5.1% Today

Horizen ($ZEN) Crypto Forecast: Up 16.2% Today

Dogecoin ($DOGE) Crypto Forecast: Up 5.8% Today

Litecoin ($LTC) Crypto Forecast: Up 5.1% Today

Peanut Squirrel ($PNUT) Crypto Forecast: Up 6.2% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Up 5.1% Today

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.

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.

07.10.2023 - ACN Stock was up 0.1%

• The bullish movement in ACN stock today can be attributed to several factors:
• 1. Market Rebound: The recent rebound in the market, driven by the U.S. Federal Reserve's decision to keep interest rates steady, has positively impacted ACN stock. Investors are optimistic about the potential for economic growth and company earnings.
• 2. Partnership and Acquisitions: The news articles highlight Accenture's partnerships and acquisitions in the life sciences cloud and cybersecurity sectors. These strategic moves are seen as positive developments for the company, enhancing its capabilities and positioning it for future growth.
• 3. Market Sentiment: The overall positive sentiment in the market, as indicated by the market gains mentioned in an article from Zacks Commentary, has likely contributed to the bullish movement in ACN stock. Investors may be more willing to invest in stocks like ACN, which is a well-established and reputable company in the professional services industry.
• 4. Intrinsic Value: The mention of "Navigating Market Uncertainty: Intrinsic Value of Accenture PLC" in an article from GuruFocus suggests that investors may have recognized the intrinsic value of ACN stock, further driving its bullish movement.
• Overall, the combination of market rebound, strategic partnerships and acquisitions, positive market sentiment, and recognition of intrinsic value has likely contributed to the strong bullish movement in ACN stock today.

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.