What Analysts Think of Accenture Stock Ahead of Earnings | Global News Avenue

Accenture (Acetonitrile) will announce first-quarter fiscal 2025 earnings before the market opens on Thursday, and analysts expect there is still room for growth before the results are released.

Of the 13 brokers tracked by Visible Alpha, nine have a “buy” or equivalent rating, while four have a “hold” rating. The consensus price target is around $386, which represents an 8% premium to Monday’s intraday levels.

Wall Street expects the Dublin-based professional services firm to report net income of $2.2 billion, or $3.41 per share, on revenue of $17.14 billion. A year ago, Accenture reported a first-quarter profit of $2.01 billion, or $3.10 a share, on revenue of $16.22 billion.

last quarternew generative artificial intelligence Reached $1 billion in bookings and Chief Executive Officer (CEO) Julie Sweet said Accenture continues to “accelerate our leadership in generative artificial intelligence, which we believe is the most transformative technology of the next decade.”

Accenture shares were down slightly on Monday afternoon, but were up 2% in 2024.