Accenture Historical Credibility amid Continued Uncertainty

研报英文原文证据摘录

Accenture Historical Credibility amid Continued Uncertainty

Global Research

18 June 2026ab

Accenture Equities

United StatesHistorical Credibility amid Continued Uncertainty

Industrial Services

12-month rating Buy

Bottom Line

ACN stock is down ~15% today—in excess of its 7.5% implied move—as weaker- 12m price target US$275.00

than-expected bookings and Q4 guidance more than offset FQ3 EPS beat + upsized Prior : US$320.00

capital return. While we monitor AI-induced concern, we believe Q3 + Q4 guidance

Price (18 Jun 2026) US$131.72

impact from the Middle East conflict is being discounted as secular. This as Accenture

continues to position itself for long-term growth amid sizable increased M&A activity— RIC: ACN.N BBG: ACN US

majority stake in Dragos concurrent with purchase of runZero and NetRise for combined

Trading data and key metrics

~$4.175b increasing FY26 inorganic contribution to $9b up from $5b and expanding

52-wk range US$304.78-131.72

cybersecurity business [$10b in annual revenue], specifically their OT TAM by 3x. We

believe these deals position it to capture more of the cybersecurity market as Accenture Market cap. US$82.7b

has grown cybersecurity to $10b [~15% 2025 revenue]—35% CAGR, 4x Accenture's Shares o/s 628m (COM)

total CAGR—from $700m in 2016. Accenture also introduced Accenture Edge—a Free float 100%

new business targeting mid-market, ~$240b TAM as its partner ecosystem fuels Avg. daily volume ('000) 1,639

growth with bookings from emerging AI + Data partners—including Anthropic, Avg. daily value (m) US$301.9

Databricks, Mistral AI, NVIDIA, OpenAI, Palantir, and Snowflake—on pace to double. Common s/h equity (08/26E) US$33.3b

Our confidence comes from an organization with 25+ years of rich public history P/BV (08/26E) 2.4x