Accenture plc · ACN · FY2024 Q4 · Calendar Q3 2024

Accenture: GenAI and bookings support FY25 growth outlook

The analysis supports a constructive but conditional view: record bookings, expanding GenAI work, and cloud and managed-services demand can support growth, provided Accenture converts bookings effectively while managing acquisitions, margins, FX, and discretionary-spending risk.

Reported Before market openNYSETechnology $152.60B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $2.79 Consensus $2.78
EPS surprise +0.4% Reported versus consensus
Reported revenue $16.41B Consensus $16.37B
Revenue surprise +0.2% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +5.6% Event window
SPY move +0.4% Same window
Abnormal move +5.2% Stock minus SPY
Volume 1.9× Versus trailing sessions
Subsequent drift +2.4% Up to 20 sessions
ACNSPY benchmark

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What changed

Relative to the prior-quarter analysis, the current analysis describes FY24 as a platform for FY25: GenAI bookings increased to $3 billion for FY24, the AI-practitioner count reached about 57,000, and management outlined FY25 revenue, margin, and EPS guidance alongside $3 billion of planned acquisitions.

Guidance delta

No change in guidance is identified: management maintained its outlook while emphasizing large transformation deals, GenAI, cloud, and managed services.

Key takeaways

  • Record FY24 bookings and continued GenAI demand provide the main growth supports in the analysis.
  • Management paired its FY25 outlook with planned acquisitions, talent investment, and continued cloud and managed-services expansion.
  • Execution timing, discretionary client spending, FX, and acquisition integration remain the principal risks.

Management priorities

  • Scale GenAI tools across managed services and client engagements.
  • Invest in acquisitions focused on AI, health, public sector, and capital projects.
  • Expand technology talent and upskilling, with emphasis on India and the AI workforce.

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Earnings History

Estimate Beat Miss Match
ACN EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q3 '24 estimate $3.15 Q3 '24 actual $3.13, miss Q4 '24 estimate $2.78 Q4 '24 actual $2.79, match Q3 '25 estimate $3.35 Q3 '25 actual $3.49, beat Q4 '25 estimate $2.98 Q4 '25 actual $3.03, beat Q1 '26 estimate $3.74 Q1 '26 actual $3.94, beat Q2 '26 estimate $2.86 Q2 '26 actual $2.93, beat Q3 '26 estimate $3.70 Q3 '26 actual $3.80, beat Q4 '26 estimate $3.18 Q4 '26 actual $3.29, beat Q1 '27 estimate $3.95 Q2 '27 estimate $3.14 Q3 '27 estimate $4.00 Q4 '27 estimate $3.58
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Analyst Consensus ?

ConsensusBuy52 ratings
Bullish3363.5%
Neutral1834.6%
Bearish11.9%

Analyst 52W Price Targets

$249.37Current
$136Low
$281.96Average
$456High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Baird Neutral OutperformDowngradeOct 21, 2026
TD Cowen Hold HoldMaintainOct 15, 2026
Susquehanna Neutral NeutralMaintainOct 15, 2026
Mizuho Outperform OutperformMaintainOct 6, 2026
Wells Fargo Equal Weight Equal WeightMaintainOct 2, 2026
Show 47 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $249.37. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Robert W. BairdDavid Koning$252$239.12 +1.1%Oct 21, 2026
Stifel NicolausDavid Grossmam$242$226.95 -3.0%Oct 15, 2026
UBSAnalyst unavailable$278$227.28 +11.5%Oct 15, 2026
SusquehannaAnalyst unavailable$230$214.96 -7.8%Oct 15, 2026
Mizuho SecuritiesDan Dolev$241$195.05 -3.4%Oct 6, 2026
See 133 more

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Company context

Snapshot as of publication

Accenture plc is a global professional services firm that delivers a wide array of strategy, consulting, interactive, technology, and operations services worldwide. Its comprehensive offerings include application services such as agile transformation, DevOps implementation, application modernization, enterprise architecture, software and quality engineering, and data management. It also specializes in intelligent automation, incorporating robotic process automation, natural language processing, and virtual agents, alongside liquid application management and various program, project, and service management solutions. The company provides strategic consulting, focusing on critical data elements, data governance, platform architecture, and enabling product-centric organizations to ensure business adoption and value realization. Accenture supports the digitization of engineering and research & development, designs and develops smart connected products, modernizes product platforms, and facilitates product-as-a-service models.…

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
  3. Polygon adjusted daily market bars · 2026-10-25T15:50:42.135773+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T15:50:42.132937+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.