Accenture shares extend rebound, traders watch the 200-day line

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-27, 08:25.

Accenture (IE00B4BNMY34) traded at $129.09 in NASDAQ-linked price data on June 27, 2026, after a recent run of analyst cuts and a reduced fiscal 2026 outlook. Reuters reported on June 18 that the company trimmed its full-year revenue growth forecast to 3 percent to 4 percent, from 3 percent to 5 percent.

What Reuters reported

Reuters said the third-quarter fiscal 2026 revenue came in at $18.7 billion, below analyst expectations of $18.78 billion. The same report said the stock fell sharply after the update, with investors reassessing the pace of AI-related spending at large clients. A June 26 litigation notice also referenced the June 18 results and the guidance cut.

Analysts stay active

JPMorgan cut Accenture's price target to $179 from $201 on June 24, according to the price-history feed on INDmoney. TD Cowen also raised its target to $151 from $150 and kept a Hold rating, while Morgan Stanley earlier lowered its target to $177 from $240, as cited in recent market coverage. Recent market commentary pointed to the same sequence of analyst revisions.

Accenture's consulting engine

Accenture sells consulting, technology, and outsourcing services, with cloud migration and digital transformation still at the center of its model. The company also markets Accenture Song, its creative and customer-experience unit, across enterprise clients.

Price data on NASDAQ

The Accenture shares (IE00B4BNMY34) traded on June 27, 2026, at $129.09 on NASDAQ.

Disclaimer: This article is for information only and does not constitute investment advice.