Accenture plc (ACN)

Currency in USD
258.51
+4.14(+1.63%)
Closed·
258.90+0.39(+0.15%)
·

ACN Comments

ACN slid 1.8% to $260.50 and it's one of the more talked-about names right now. Worth tracking into the next session to see if the selling continues. Not financial advice.
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Yesterday, mindless Algos buying semi hardware and probably shorting software and IT services. Trade makes no sense. Can't monetize semi hardware without software being integrated, implemented, managed and secured. ACN offers the most value at scale.
ACN down 1.8% at $260.50 today. Keeping an eye on how it opens next session. Not financial advice.
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CEO Julie Sweet purchase of $3 million of ACN sharers around $246 /shr is material.
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Sec filing: Purchased on 10/26/26
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ACN at $268.30 would be unchanged for 2026 but lower than all time high around $417 in Dec 2021. ACN generated around $74 billion and $50 billion in fiscal 2026 and 2021, respectively.
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insert total revenue.
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ACN traded at $398 in 2/2025.
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ACN CEO said ACN taking significant market share.
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Microsoft is Accenture's major partner.
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MSFT considered ACN largest partner.
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Algos trading should be ringfenced just like AI agents.
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Holding long term should beat the Algos.
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Per SEC filing: On 10/26/26, CEO Julie Sweet purchased around $3 million of ACN shares average price around $ 246.
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Mindless Algos buying semi hardware and probably shorting software and IT services. Trade makes no sense. Can't monetize semi hardware without software being integrated, implemented, managed and secured. ACN offers the most value.
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Based on ACN 10K, ACN repurchased around 5.3 million shares between 8/31/26 and 10/02/26
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ACN reported $6.9 billion share available buyback program on earnings day. Expects to reduce float around 3% for fiscal 2027.
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It's my understanding: Executive equity compensation awards vested/settled on 10/20/26, the fair market value of the shares became immediately taxable as ordinary income. Broker automatically withheld and liquidated roughly half of the total shares directly to satisfy tax withholding obligations.
it doesn't mean don't buy micron for 600. but then 300 dollars need to come back to IT
don't panic. llm is soft and soft is written developers and we are in the begging of the understanding that this is shift
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Remember: Trump's comments pumped semiconductor hardware companies, triggering a selloff in software and IT services stocks this year. The trade made no sense.
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ACN at $268.30 would be unchanged for 2026.
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My answer to clown analysts using the low price as a measure.
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ACN is the TSMC of the AI IT consulting Industry with AA- credit rating. Globally, excluding financial institutions and state owned enterprises, there are less than 100 corporations with AA- credit rating or better.
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Technicals: Charts reflecting and other charts very close to Golden Cross buy signal. 50 DMA above 200 DMA.
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ACN doubled TAM to $3 trillion.
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Includes growing new businesses.
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ACN conservatively targeting mid to high single digit revenue growth for fiscal 2029 due to AI. Remember the total revenue base which will be growing. ACN emphasized beating prior years targets.
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ACN Fiscal 2027 Guidance Operating Cash Flow $11.9B – $12.7B Property & Equipment Additions $900M Free Cash Flow $11.0B – $11.8B Capital Return at least $9.5B
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Accenture indicated it's growing and taking market share with $84.5 billion in new bookings for fiscal 2026. Eventually, the consulting business should return to higher growth level due to AI software integration, implementation, and security. It's not if but when. The whole AI enterprise market needs AI software for monetization which includes integration , implementation and security by Accenture.
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Strong buy
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ACN forward PE ratio around 13 based on ACN guidance S & P 500 forward PE ratio around 19.
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