Capgemini Guidance BOOST Offers More IT Comfort

研报英文原文证据摘录

Capgemini Guidance BOOST Offers More IT Comfort

Global Research

30 July 2026ab

Accenture Equities

United StatesCapg Guidance BOOST Offers More IT Comfort

Industrial Services

12-month rating Buy

Capgemini H126 as Guidance nudged higher

The ACN stock has rally +25% the last 5 days albeit from an extremely oversold position 12m price target US$275.00

amid some sector rotation as we see Capgemini H126 results as another datapoint that

should eventually help. Capgemini RAISED 2026 guidance to 8.5-9.0% cc YoY from

Price (29 Jul 2026) US$173.17

6.5-8.5% (Ste 8.4%). Importantly, CAP [covered by UBS analyst Michael Briest] is poised

to achieve 2026-28 targets as it benefits from structural changes in IT Services including RIC: ACN.N BBG: ACN US

acceleration in modernization of technology debt and agentification of products &

Trading data and key metrics

services creating a new agentic technology stack. We also see Buy-rated Accenture

52-wk range US$288.54-124.44

benefiting from large-scale transformational projects—including projects embracing AI-

related technology amid its Reinvention Services pivot—an almost 12% free cash yield Market cap. US$109b

suggests the market thinks otherwise. We offer key highlights leveraging research Shares o/s 628m (COM)

from UBS analyst Michael Briest; Free float 100%

Avg. daily volume ('000) 2,115

Capgemini 2026 guidance suggests organic acceleration—calls for constant Avg. daily value (m) US$317.8

currency revenue growth of 8.5-9.0%—up from 6.5-8.5%; cons. 8.4%—within

Common s/h equity (08/26E) US$33.3b

inorganic expected to be 500bp (was 450-500bp), implying organic growth of

P/BV (08/26E) 3.2x

3.5-4.0% (was 2.0-3.5%; cons. 3.5%). The guidance implies organic growth of

Net debt to EBITDA (08/26E) 0.2x