Accenture Plc ACN reported better-than-expected earnings for its second quarter on Thursday.
The company posted second-quarter 2025 earnings of $2.82 per share, slightly above the consensus of $2.81. The company reported sales of $16.66 billion, almost in line with the consensus of $16.62 billion and management guidance of $16.2 billion–$16.8 billion.
"The trust and confidence in our unique strengths and capabilities is reflected in 32 clients with quarterly bookings greater than $100 million and we are very pleased to have another milestone quarter in Gen AI with $1.4 billion in new bookings," commented Accenture chair and CEO Julie Sweet.
Accenture narrowed its fiscal year 2025 revenue growth outlook to 5%-7% in local currency, compared to prior guidance of 4%-7%. The company forecasts 2025 diluted earnings of $12.55-$12.79 per share compared to the consensus of $12.90.
Accenture shares fell 1.2% to trade at $297.26 on Friday.
These analysts made changes to their price targets on Accenture following earnings announcement.
- Baird analyst David Koning maintained Accenture with an Outperform rating and lowered the price target from $390 to $372.
- Guggenheim analyst Jonathan Lee maintained the stock with a Buy rating and slashed the price target from $400 to $395.
Considering buying ACN stock? Here’s what analysts think:
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.