Accenture Stock Buy or Sell? ACN Stocks Forecast

Market Capitalization: 236 676 940 000 $
EBITDA: 11 303 738 000 $
Price to Earnings: 34.98
Quarterly Earnings Growth YOY: 0.006
Quarterly Revenue Growth YOY: 0.03
Trailing PE: 34.98
Forward PE: 31.35
Shares Outstanding: 626992000






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Accenture Stock Buy or Sell? ACN Stocks Analytic Forecasts

Updated on March 4, 2024 (10:10)

Accenture plc (ACN prediction charts) Sector: Technology

We present you the most up-to-date and complete review of analytical trend forecasts and views on the ACN stock market. Experts share their opinions on what to expect from the Accenture plc stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Accenture stocks.

Accenture plc Stock Market Experts’ Analysis and Forecasting – Sell or Buy ACN Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Khen Elazar and is titled

“Accenture May Push Digital Frontiers, But Its Valuation Keeps It A Hold”

is published on January 29 (2024) and has 0 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Accenture is a prominent company in the IT sector known for its resilience and adaptability in a dynamic industry.
  • The company has seen significant sales and EPS growth over the past decade, driven by strategic acquisitions and cost optimization.
  • While Accenture has opportunities for growth, its high valuation raises concerns about investment attractiveness, making it a HOLD.

The author starts his analytic review with the following:

Introduction In the rapidly evolving landscape of the IT (information technology) sector, companies focusing on innovation and strategic growth tend to succeed. This sector, desirable for its resilience and adaptability in economic shifts, is often chosen by investors seeking robust and future-proof investments. Accenture (NYSE:ACN), a global professional services and consulting giant, emerges as a prominent company. Accenture is renowned for its vast services, from strategy and consulting to digital transformation and technology. In this analysis, I explore why Accenture, mainly due to its high valuation, is a HOLD.

The opinion of the author can be considered quite authoritative.
The number of 9147 followers confirms this.
Khen Elazar is the contributor of experts community
since 2015 and has 507 works published.


One more noteworthy article is written by Michael Wiggins De Oliveira under the title

“Accenture: Navigating Challenges, Strong Free Cash Flow And Balance Sheet”

on January 16 (2024) and has 0 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add ACN stocks to your investment portfolio or not, and helps to work out your own Accenture stock selling strategies:

  • Despite modest growth rates, Accenture plc’s strong cash flows and (near) debt-free status enable a focus on returning capital to shareholders.
  • Strategic investments in generative AI, cloud capabilities, and global acquisitions position Accenture for future success.
  • Accenture’s commitment to capital returns, coupled with a forward run-rate of approximately $9 billion in free cash flow, positions the company as an attractive investment.

Michael Wiggins De Oliveira starts analysis with such words:

Investment Thesis Accenture plc (NYSE:ACN) is a professional services firm specializing in consulting and outsourcing.

This author is very popular among the auditory. He has 44909 followers

Michael Wiggins De Oliveira is the contributor of experts community since 2014. Has published at least 2449 articles.


Another analysis presented by Dan Victor, CFA came out on December 28 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for ACN stocks. It sounds like

“Accenture: Capitalizing On The Generative AI Growth Driver”

Article has got 3 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Accenture plc, the expert says the following:

  • Accenture reported its fiscal Q1 earnings with EPS beating expectations.
  • The company is seeing strong client demand for projects to implement new AI tools.
  • We like the stock with an expectation for firming margins and climbing earnings as a tailwind into 2024.

And here, what comes first:

Accenture PLC (NYSE:ACN) emerged as an impressive turnaround story this year with shares climbing more than 30%, reversing the bulk of its 2022 selloff. The consultancy giant has benefited from resilient macro conditions while driving earnings growth through solid financial execution.

This author is very popular among the auditory. He has 18711 followers.

Dan Victor, CFA is the contributor of experts community since 2018 and has at least 1382 analytic reviews published.


The Share Price of Accenture plc (ACN) for now

What analysts predict: $378.31
52-week high/low: $380.3 / $239.11

50/200 Day Moving Average: $357.81 / $323.06

The average stock price over the previous 50/200 days. For Accenture stocks, the 50-day moving average is the resistance level for now. For ACN stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for ACN stock with charts and tables

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