Accenture plc · ACN · FY2026 Q4 · Calendar Q4 2026

Accenture: AI demand supports strong Q4, while pricing and geopolitics remain risks

The current analysis supports the view that resilient enterprise AI demand and continued acquisitions can sustain Accenture’s growth trajectory, but the thesis depends on converting AI activity into organic growth while managing pricing pressure, geopolitical exposure and integration or regulatory timing.

Reported Before market openNYSETechnology $129.92B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $3.29 Consensus $3.18
EPS surprise +3.5% Reported versus consensus
Reported revenue $18.68B Consensus $18.03B
Revenue surprise +3.6% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +15.8% Event window
SPY move +0.2% Same window
Abnormal move +15.6% Stock minus SPY
Volume 5.5× Versus trailing sessions
Subsequent drift 0.0% Up to 20 sessions
ACNSPY benchmark

Ask FN2 about ACN FY2026 Q4

Transcript, numbers and history already loaded
Why did ACN rise 15.8% after beating EPS estimates in FY2026 Q4?What changed in ACN's guidance and outlook in FY2026 Q4?Give me the bull and bear case for ACN after FY2026 Q4 earnings.

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Transcript intelligence

What changed

The current analysis shifts the focus to strong Q4 revenue and bookings, FY27 growth and margin guidance, broader AI-led demand, and a further $5 billion of planned inorganic investment. It also highlights new AI-safety investment and continued pricing and geopolitical risks.

Guidance delta

The current analysis points to FY27 guidance of 3–6% local-currency revenue growth and 10–30 basis points of margin expansion, with continued strong free cash flow generation.

Key takeaways

  • Q4 revenue and bookings exceeded guidance, according to the transcript analysis.
  • Management identified enterprise AI adoption, data platforms and digital-core projects as key growth drivers.
  • Acquisition activity remains central, with $4.9 billion deployed in FY26 and $5 billion planned for FY27.
  • Pricing competition, Middle East exposure and acquisition-regulatory timing are the main offsets to the growth outlook.

Management priorities

  • Scale enterprise AI and data-platform work.
  • Continue ecosystem partnerships and strategic acquisitions.
  • Invest in R&D, learning and talent development for AI capabilities.
  • Build the AI safety lab and expand the Anthropic partnership.
  • Use the October 14 Investor Day to detail long-term strategy.

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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 $4.02 Q4 '27 estimate $3.57
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Analyst Consensus ?

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

Analyst 52W Price Targets

$204.05Current
$136Low
$283.96Average
$456High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 8, 2026. Not an FN2 forecast.

Firm-level rating actions

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

FirmRatingPrior ratingActionDate
Mizuho Outperform OutperformMaintainOct 6, 2026
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
Show 47 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $204.05. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Mizuho SecuritiesDan Dolev$241$195.05 +18.1%Oct 6, 2026
Truist FinancialArvind Ramnani$220$202.59 +7.8%Oct 2, 2026
RBC CapitalDavid Paige$240$204 +17.6%Oct 2, 2026
Argus ResearchAnalyst unavailable$260$204.03 +27.4%Oct 2, 2026
BMO CapitalAnalyst unavailable$235$212.3 +15.2%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

All ACN earnings
-18.0%FY2026 Q3 · Calendar Q2 2026+4.3%FY2026 Q2 · Calendar Q1 2026-2.7%FY2025 Q4 · Calendar Q3 2025

Technology peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
JBL Jabil Inc. FY2026 Q4 · Calendar Q3 2026 +8.1% -10.0% Jabil enters FY2027 with AI-led growth and capacity risks
MU Micron Technology, Inc. FY2026 Q4 · Calendar Q3 2026 +5.4% +0.0% Micron: Strong AI Memory Demand, Higher Capex, and HBM4E Ahead
SNX TD Synnex Corp FY2026 Q3 · Calendar Q3 2026 +20.9% -9.9% TD SYNNEX: AI-led growth accelerates, but mix and cash flow matter
ADBE Adobe Inc. FY2026 Q3 · Calendar Q3 2026 +0.8% +1.4% Adobe raises FY26 outlook as AI strategy broadens
ORCL Oracle Corporation FY2027 Q1 · Calendar Q3 2026 +10.3% -1.7% Oracle raises FY27 outlook as AI demand accelerates cloud growth
SAIL SailPoint, Inc. FY2027 Q2 · Calendar Q3 2026 +13.8% -1.2% SailPoint pairs 25% ARR growth with accelerating AI-driven adoption

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-10-01T19:06:58.005511+00:00
  2. FN2 earnings calendar · 2026-10-02T01:23:12.402275+00:00
  3. Polygon adjusted daily market bars · 2026-10-02T07:36:14.796741+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T07:36:14.794081+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 2026-10-02. For educational purposes only; not investment advice.