Bryan Bergin, an analyst from TD Cowen, maintained the Buy rating on Accenture. The associated price target remains the same with $295.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Bryan Bergin has given his Buy rating due to a combination of factors that suggest Accenture is poised for modest outperformance in the near term. The company is expected to maintain its messaging amidst a stable demand environment, with potential to raise the lower end of its fiscal year 2026 growth guidance. This is supported by the company’s ability to navigate challenges such as the U.S. Federal government shutdown, which is anticipated to have minimal impact on the overall business.
Bergin also highlights key areas of focus that contribute to the positive outlook, including the Consulting book-to-bill ratio, gross margin stability, and the scaling of GenAI activities. Additionally, Accenture’s partnership with OpenAI and progress in its restructuring program are seen as positive developments. Despite some headwinds, such as foreign exchange impacts and uncertainties in enterprise IT budgets, these factors collectively underpin the Buy rating for Accenture’s stock.
Bergin covers the Technology sector, focusing on stocks such as Accenture, Globant SA, and Block. According to TipRanks, Bergin has an average return of -1.8% and a 42.42% success rate on recommended stocks.