Accenture (ACN)
Market Price (11/23/2025): $252.58 | Market Cap: $157.3 BilSector: Information Technology | Industry: IT Consulting & Other Services
Accenture (ACN)
Market Price (11/23/2025): $252.58Market Cap: $157.3 BilSector: Information TechnologyIndustry: IT Consulting & Other Services
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 6.9% | Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -76% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 11 Bil, FCF LTM is 11 Bil | ||
| Low stock price volatilityVol 12M is 28% | ||
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Cybersecurity, Cloud Computing, and Automation & Robotics. Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 6.9% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 11 Bil, FCF LTM is 11 Bil |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Cybersecurity, Cloud Computing, and Automation & Robotics. Show more. |
| Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -76% |
Market Valuation & Key Metrics
ACN Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are five key points explaining Accenture's stock movement from approximately July 31, 2025, to November 23, 2025:
**1. Lowered Fiscal Year 2026 Revenue Guidance**
Accenture's forecast for full-year fiscal 2026 revenue growth, projected to be between 2% and 5% in local currency (or 3% to 6% excluding the U.S. federal business impact), was slightly below analyst estimates. This guidance, announced on September 25, 2025, indicated a more cautious outlook for future revenue expansion.
**2. Decline in Fiscal 2025 New Bookings**
New bookings for the full fiscal year 2025 decreased by 1% in both U.S. dollars and local currency compared to fiscal 2024. This "bookings softness" and "declining new bookings" were identified as risks to near-term growth by market analysts in subsequent reports.
**3. Significant Business Optimization Costs**
In the fourth quarter of fiscal 2025, Accenture initiated a six-month business optimization program and recorded a substantial charge of $615 million. This expense contributed to a 15% decrease in GAAP diluted earnings per share for the quarter.
**4. Decrease in GAAP Operating Margin**
The company's GAAP operating margin for the fourth quarter of fiscal 2025 experienced a notable decline of 270 basis points, reaching 11.6%. This indicated a reduction in operational profitability during the period.
**5. Analyst Downgrades and Target Price Reductions**
Following the release of the Q4 earnings report, several financial analysts revised their outlook for Accenture, leading to reductions in target prices. For example, on September 26, 2025, Royal Bank of Canada reduced its target from $372.00 to $285.00, and Deutsche Bank cut its target from $260.00 to $235.00. These revisions reflected a less optimistic sentiment from the investment community.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ACN Return | 26% | 61% | -35% | 34% | 2% | -27% | 31% |
| Peers Return | -3% | 34% | -15% | 10% | 5% | -1% | 26% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| ACN Win Rate | 58% | 67% | 33% | 67% | 58% | 30% | |
| Peers Win Rate | 58% | 57% | 42% | 55% | 57% | 48% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| ACN Max Drawdown | -31% | -7% | -39% | -7% | -19% | -33% | |
| Peers Max Drawdown | -43% | -7% | -27% | -15% | -21% | -21% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: IBM, CTSH, G, TDC, DXC. See ACN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/21/2025 (YTD)
How Low Can It Go
| Event | ACN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -40.7% | -25.4% |
| % Gain to Breakeven | 68.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -33.5% | -33.9% |
| % Gain to Breakeven | 50.3% | 51.3% |
| Time to Breakeven | 94 days | 148 days |
| 2018 Correction | ||
| % Loss | -23.3% | -19.8% |
| % Gain to Breakeven | 30.3% | 24.7% |
| Time to Breakeven | 94 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -39.1% | -56.8% |
| % Gain to Breakeven | 64.3% | 131.3% |
| Time to Breakeven | 365 days | 1480 days |
Compare to IBM, CTSH, G, TDC, DXC
In The Past
Accenture's stock fell -40.7% during the 2022 Inflation Shock from a high on 12/29/2021. A -40.7% loss requires a 68.8% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
Trade Ideas
Select past ideas related to ACN. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | ZBRA | Zebra Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -10.5% | -10.5% | -15.2% |
| 10312025 | ACN | Accenture | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.7% | 0.7% | -4.0% |
| 10312025 | ADBE | Adobe | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -4.7% | -4.7% | -8.2% |
| 10312025 | TXN | Texas Instruments | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -5.0% |
| 10242025 | MRVL | Marvell Technology | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.9% | -7.9% | -8.9% |
| 12312022 | ACN | Accenture | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 16.6% | 33.6% | -7.4% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | ZBRA | Zebra Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -10.5% | -10.5% | -15.2% |
| 10312025 | ACN | Accenture | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.7% | 0.7% | -4.0% |
| 10312025 | ADBE | Adobe | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -4.7% | -4.7% | -8.2% |
| 10312025 | TXN | Texas Instruments | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -5.0% |
| 10242025 | MRVL | Marvell Technology | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.9% | -7.9% | -8.9% |
| 12312022 | ACN | Accenture | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 16.6% | 33.6% | -7.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Accenture
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 60.17 |
| Mkt Cap | 22.3 |
| Rev LTM | 16,786 |
| Op Inc LTM | 2,013 |
| FCF LTM | 1,851 |
| FCF 3Y Avg | 1,546 |
| CFO LTM | 2,252 |
| CFO 3Y Avg | 1,929 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.9% |
| Rev Chg 3Y Avg | 2.6% |
| Rev Chg Q | 6.9% |
| QoQ Delta Rev Chg LTM | 1.7% |
| Op Mgn LTM | 14.9% |
| Op Mgn 3Y Avg | 14.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 15.5% |
| CFO/Rev 3Y Avg | 14.1% |
| FCF/Rev LTM | 14.2% |
| FCF/Rev 3Y Avg | 12.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 22.3 |
| P/S | 1.7 |
| P/EBIT | 12.5 |
| P/E | 18.9 |
| P/CFO | 11.5 |
| Total Yield | 6.7% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 7.1% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 8.2% |
| 3M Rtn | 1.9% |
| 6M Rtn | -0.2% |
| 12M Rtn | -7.2% |
| 3Y Rtn | -2.7% |
| 1M Excs Rtn | 10.2% |
| 3M Excs Rtn | -0.2% |
| 6M Excs Rtn | -14.0% |
| 12M Excs Rtn | -14.9% |
| 3Y Excs Rtn | -68.6% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/25/2025 | -2.7% | 1.9% | 5.2% |
| 6/20/2025 | -6.9% | -3.4% | -5.9% |
| 3/20/2025 | -7.3% | -4.1% | -12.5% |
| 12/19/2024 | 7.1% | 3.7% | 3.7% |
| 9/26/2024 | 5.6% | 5.7% | 8.5% |
| 6/20/2024 | 7.3% | 6.8% | 15.9% |
| 3/21/2024 | -9.3% | -10.4% | -16.4% |
| 12/19/2023 | -0.1% | 3.4% | 6.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 15 |
| # Negative | 12 | 11 | 9 |
| Median Positive | 6.2% | 3.7% | 6.8% |
| Median Negative | -3.5% | -3.3% | -5.6% |
| Max Positive | 7.7% | 10.5% | 16.4% |
| Max Negative | -9.3% | -10.4% | -16.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 8312025 | 10102025 | 10-K 8/31/2025 |
| 5312025 | 6202025 | 10-Q 5/31/2025 |
| 2282025 | 3202025 | 10-Q 2/28/2025 |
| 11302024 | 12192024 | 10-Q 11/30/2024 |
| 8312024 | 10102024 | 10-K 8/31/2024 |
| 5312024 | 6202024 | 10-Q 5/31/2024 |
| 2292024 | 3212024 | 10-Q 2/29/2024 |
| 11302023 | 12192023 | 10-Q 11/30/2023 |
| 8312023 | 10122023 | 10-K 8/31/2023 |
| 5312023 | 6222023 | 10-Q 5/31/2023 |
| 2282023 | 3232023 | 10-Q 2/28/2023 |
| 11302022 | 12162022 | 10-Q 11/30/2022 |
| 8312022 | 10122022 | 10-K 8/31/2022 |
| 5312022 | 6232022 | 10-Q 5/31/2022 |
| 2282022 | 3172022 | 10-Q 2/28/2022 |
| 11302021 | 12162021 | 10-Q 11/30/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Sweet Julie Spellman | Chair and CEO | 10302025 | Sell | 252.05 | 1,329 | 334,970 | 5,592,151 | Form |
| 1 | Sekido Ryoji | Co-CEO Asia Pacific | 10232025 | Sell | 248.37 | 494 | 122,695 | 843,464 | Form |
| 2 | Sweet Julie Spellman | Chair and CEO | 10232025 | Sell | 248.20 | 1,218 | 302,313 | 7,768,304 | Form |
| 3 | Sharma Manish | Chief Strategy & Services Ofcr | 10232025 | Sell | 250.01 | 6,902 | 1,725,547 | 465,013 | Form |
External Quote Links
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