Accenture plc · ACN · FY2025 Q2 · Calendar Q1 2025

Accenture: Strong demand, with federal and margin risks in view

The supplied analysis supports a constructive near-term operating thesis: resilient demand for AI, cloud, security, and transformation services is being reinforced by bookings and a raised outlook. That case is tempered by federal procurement uncertainty, pricing pressure, costs, and dependence on discretionary client spending.

Reported Before market openNYSETechnology $118.35B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $2.83
EPS surprise — Reported versus consensus
Reported revenue — Consensus $16.63B
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -7.3% Event window
SPY move -0.3% Same window
Abnormal move -7.0% Stock minus SPY
Volume 3.2× Versus trailing sessions
Subsequent drift -6.2% Up to 20 sessions
ACNSPY benchmark

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Transcript intelligence

What changed

Relative to the prior-quarter analysis, management again emphasized strong AI-led demand and raised guidance, while the risk discussion put greater focus on federal procurement uncertainty, subcontractor costs, and competitive pricing.

Guidance delta

Management raised its full-year revenue-growth outlook and indicated margin expansion; the supplied analysis does not provide a prior-quarter guidance delta beyond that description.

Key takeaways

  • Management described strong demand for GenAI, cloud, security, and large transformation work.
  • Bookings and revenue growth supported a confident view, while federal procurement remained uncertain.
  • The outlook was raised, but pricing, costs, and discretionary spending remain key tests.

Management priorities

  • Scale AI-enabled transformation and cloud and security services.
  • Continue acquisitions and expand the data and AI workforce.
  • Build regional capabilities through partnerships, including the Telstra joint venture.

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Earnings History

Estimate Beat Miss Match
ACN REVENUE earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q3 '24 estimate $17B Q3 '24 actual $16B, miss Q4 '24 estimate $16B Q4 '24 actual $16B, beat Q3 '25 estimate $17B Q3 '25 actual $18B, beat Q4 '25 estimate $17B Q4 '25 actual $18B, beat Q1 '26 estimate $19B Q1 '26 actual $19B, beat Q2 '26 estimate $18B Q2 '26 actual $18B, beat Q3 '26 estimate $19B Q3 '26 actual $19B, miss Q4 '26 estimate $18B Q4 '26 actual $19B, beat Q1 '27 estimate $19B Q2 '27 estimate $19B Q3 '27 estimate $20B Q4 '27 estimate $20B
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Analyst Consensus ?

ConsensusBuy52 ratings
Bullish3465.4%
Neutral1732.7%
Bearish11.9%

Analyst 52W Price Targets

$196.64Current
$136Low
$283.96Average
$456High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 7, 2026. Not an FN2 forecast.

Firm-level rating actions

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

FirmRatingPrior ratingActionDate
Wells Fargo Equal Weight Equal WeightMaintainOct 2, 2026
Truist Securities Hold HoldMaintainOct 2, 2026
TD Cowen Hold HoldMaintainOct 2, 2026
Susquehanna Neutral NeutralMaintainOct 2, 2026
RBC Capital Outperform OutperformMaintainOct 2, 2026
Show 47 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $196.64. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Mizuho SecuritiesDan Dolev$241$195.05 +22.6%Oct 6, 2026
Truist FinancialArvind Ramnani$220$202.59 +11.9%Oct 2, 2026
RBC CapitalDavid Paige$240$204 +22.1%Oct 2, 2026
Argus ResearchAnalyst unavailable$260$204.03 +32.2%Oct 2, 2026
BMO CapitalAnalyst unavailable$235$212.3 +19.5%Oct 2, 2026
See 129 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.…

Historical context

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-03-06T00:02:54.346456+00:00
  3. Polygon adjusted daily market bars · 2026-10-07T20:30:44.709343+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-07T20:30:44.706506+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 2026-10-07. For educational purposes only; not investment advice.