Accenture (ACN 0.21%) is investing in leveraging the increasing enterprise demand for artificial intelligence.
Besides Wall Street's top -and-bottom-line estimates for Accenture (ACN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended November 2024.
Accenture has seen weak performance recently, despite its strong historical record, due to slow growth and reallocation of IT budgets towards AI. The asset-light, labor-intensive business model ensures predictable revenue and earnings, with a significant increase in AI-specific bookings expected to boost growth in 2025. Despite high free cash flow and potential for acquisitions, ACN's premium valuation and moderate growth prospects limit substantial upside, leading to a Sell rating.
Accenture (ACN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Accenture (ACN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Stocks like NVDA, SHOP, ACN and BLK are poised to gain from the ongoing Bitcoin rally.
Accenture (ACN) closed at $359.50 in the latest trading session, marking a -0.88% move from the prior day.
When chipmaker Nvidia says it's partnering with a company to produce an artificial intelligence (AI) product, it's probably something that investors should pay attention to. Considering that the majority of servers built for AI have Nvidia GPUs in them, it knows plenty about what's happening in that part of the computing space.
The only significant news item about Accenture (ACN 1.28%) Friday was a positive one -- a top investment bank upgraded its recommendation on the stock and cranked its price target higher. The shares experienced a modest rally as a result, ultimately closing the day a little over 1% higher.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Accenture (ACN -2.45%) was in the news Tuesday for yet another of the acquisitive company's asset buys. Investors weren't particularly impressed with this one, as they generally traded out of the stock following its announcement.
AWS recently laid out growth plans for 2025 in internal documents. One of the initiatives is focused on working more with consulting firms.