- Accenture (ACN, Financial) is set to announce Q3 earnings with a positive growth outlook for EPS and revenue.
- Analyst price targets indicate potential upside, accompanied by a strong "Outperform" recommendation.
- GuruFocus estimates suggest a suitable GF Value for Accenture, reinforcing its investment potential.
Accenture (ACN) is gearing up to release its highly anticipated Q3 earnings report before the market opens on June 20th. Analysts predict an earnings per share (EPS) of $3.32, which is a notable 6.1% increase compared to the previous year. Moreover, revenue is expected to hit $17.32 billion, reflecting a 5.2% year-over-year rise. Recent adjustments to EPS forecasts have been more upward than downward, signaling growing investor confidence.
Wall Street Analysts Forecast
According to projections from 22 financial analysts, the average one-year price target for Accenture PLC (ACN, Financial) is set at $355.15. This forecast encompasses a high estimate of $395.00 and a low of $290.00. The average target price implies a significant upside of 15.92% from the current stock price of $306.38. For more granular data, explore the Accenture PLC (ACN) Forecast page.
The consensus recommendation from 25 brokerage firms rates Accenture PLC (ACN, Financial) with an average brokerage recommendation of 1.9, suggesting an "Outperform" status. On a rating scale from 1 to 5, 1 indicates a Strong Buy, while 5 signifies a Sell. This underscores the market's positive view on Accenture's potential performance.
From a valuation standpoint, GuruFocus estimates indicate that the GF Value for Accenture PLC (ACN, Financial) in one year is projected to be $358.27. This reflects a potential upside of 16.94% from the existing price of $306.38. The GF Value is derived from historical trading multiples, past business growth, and future performance projections. Additional detailed insights can be accessed on the Accenture PLC (ACN) Summary page.
