Accenture posts strong Q4 results, lifts fiscal 2027 outlook and shares surge
Accenture reported fourth‑quarter revenue of $18.68 billion and earnings per share of $3.29, beating analysts’ expectations. The company forecast fiscal 2027 revenue growth of 3%‑6% in constant currency, with acquisitions expected to contribute roughly 2.5 percentage points. Following the release, the stock jumped more than 20% in pre‑market trading, reaching $226.05.
Why it matters
Jefferies raised its price target to $220, citing the robust quarter, while maintaining a Hold rating; the higher target suggests potential upside for investors holding the stock. The share price increase reflects market enthusiasm for the earnings beat and the optimistic growth outlook.
Key facts
- 1Q4 revenue was $18.68 billion, up 6% in U.S. dollars and 7% in local currency. thecryptobasic.com
- 2Diluted earnings per share for the quarter were $3.29. thecryptobasic.com
- 3New bookings reached $22.17 billion, a 4% rise in U.S. dollars and 5% in local currency. thecryptobasic.com
- 4Accenture guided fiscal 2027 revenue growth to 3%‑6% year‑over‑year in constant currency. thecryptobasic.com
- 5CFO Angie Park indicated acquisitions should add about 2.5 percentage points to fiscal 2027 growth. thecryptobasic.com
- 6Jefferies lifted its price target to $220 from $190 after the earnings release. investing.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.