2 hours ago
3
Joel South
Fri, March 20, 2026 astatine 12:46 PM CDT 3 min read
-
Accenture (ACN) bushed Q2 net with $2.93 EPS versus $2.84 estimate, posted grounds $22.11B successful bookings, and raised full-year escaped currency travel guidance to $10.8B-$11.5B, yet the banal fell 23.69% twelvemonth to day arsenic Wall Street questions whether AI is driving caller gross oregon replacing accepted consulting work.
-
AI could beryllium structurally reducing request for the large-scale IT consulting and managed services contracts that built Accenture’s business, with the halfway hazard being that ratio gains from AI alteration clients to bash much with less consultants alternatively than grow spending.
-
A caller survey identified 1 azygous wont that doubled Americans’ status savings and moved status from dream, to reality. Read much here.
Accenture (NYSE:ACN) bushed net estimates again connected Thursday, raised full-year guidance, and posted grounds bookings. The banal inactive fell sharply. That disconnect is precisely what has 2 Wall Street firms cutting their terms targets today, and it points to a deeper question astir whether AI is really driving caller gross maturation astatine Accenture, oregon softly shrinking the IT spending pastry it depends on.
Q2 FY26 EPS came successful astatine $2.93 against a $2.84 estimate, and gross of $18.04B bushed estimates and grew 8.3% twelvemonth implicit year. New bookings deed a grounds $22.11 billion, with 41 clients booking much than $100 cardinal successful the quarter. Management raised full-year guidance, lifting escaped currency travel guidance to $10.8B-$11.5B from $9.8B-$10.5B.
Yet the banal dropped to $186.31 successful the hr aft filing, and it is present down 23.69% twelvemonth to day and 35.81% implicit the past year. The expert statement people sits astatine $268.51, astir 30% supra wherever the banal trades today, yet targets are moving lower, not higher.
Read: Data Shows One Habit Doubles American’s Savings And Boosts Retirement
Most Americans drastically underestimate however overmuch they request to discontinue and overestimate however prepared they are. But information shows that people with 1 habit person much than treble the savings of those who don’t.
The bearish space circulating among analysts is not that Accenture is failing astatine AI. It is that AI whitethorn beryllium structurally reducing the request for the large-scale IT consulting and managed services contracts that built Accenture's gross base. The concern, framed by BMO and echoed by astatine slightest 1 different steadfast cutting targets today, is whether AI functions arsenic a longer-term tailwind done ratio gains alternatively than a nett caller gross driver. In different words: if AI helps clients bash much with less consultants and less managed work hours, Accenture could beryllium enabling its ain borderline compression implicit time.
English (CA) · 
English (US) · 
Spanish (MX) ·