--- canonical_url: https://www.stockexpertai.com/earnings/acn last_updated: 2026-05-03T21:42:56.111Z --- # Accenture plc (ACN) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q2 FY2026 earnings call transcript. Generated: 2026-05-03T21:42:54.828Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $179.83 (▲ 0.63%) | fmp:quote | | Market Cap | $110.7B | fmp:profile | | 52w range | $173.65 – $325.71 | fmp:quote | | Earnings | Thu 18 Jun | fmp:earnings-history | | EPS estimate | $3.68 (+5% YoY) | fmp:earnings-estimate | | Revenue estimate | $18.8B | fmp:earnings-estimate | | Beat streak | 7/4 | fmp:earnings-history | | Rating | A- (overall 4/5) | fmp:ratings | | Analyst median target | $300 (+66.8% upside) | fmp:price-target-consensus | | MoonshotScore | 40/100 | derived | | Council | 4/6 bullish | derived | | Munger verdict | Undervalued | derived | ## Accenture plc — Q4 FY2026 Expectations Q4 consensus: revenue $18.8B^{[FMP est]}, EPS $3.68^{[FMP est]}. 7 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** A- · **Stance:** BUY · **Council:** 4/6 · **Moonshot:** 40 = MoonshotScore 40^{[9-pillar formula]} + Council 4/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (6 metrics) ### 1. Revenue Growth Accenture delivered $18 billion of revenue, growing 4% in local currency and taking significant market share. > "We delivered another strong quarter with $18 billion of revenue, growing 4% in local currency and once again taking significant market share." > — Julie T. Sweet, CEO, Investor Focus · Q2 FY2026 ### 2. Operating Margin Expansion Accenture delivered 30 basis points of operating margin expansion with strong EPS growth year-over-year. > "We delivered 30 basis points of operating margin expansion with strong EPS growth year-over-year, generating significant free cash flow while investing significantly in our business." > — Julie T. Sweet, CEO, Risk Indicator · Q2 FY2026 ### 3. Ai Talent Pool Accenture now has over 85,000 AI and data professionals already exceeding our goal of 80,000 professionals by the end of fiscal 2026. > "We now have over 85,000 AI and data professionals already exceeding our goal of 80,000 professionals by the end of fiscal 2026." > — Julie T. Sweet, CEO, Investor Focus · Q2 FY2026 ### 4. Large Client Bookings Accenture had a record 41 clients with quarterly bookings greater than $100 million, demonstrating the continued demand for reinvention at scale. > "We had a record 41 clients with quarterly bookings greater than $100 million, bringing us to 74 of these bookings in the first half, 12 more than this time last year, demonstrating the continued demand for reinvention at scale." > — Julie T. Sweet, CEO, Investor Focus · Q2 FY2026 ### 5. Acquisition Strategy Accenture now expects to deploy $5 billion in acquisitions this year with capacity to do more for the right opportunities. > "We closed 3 strategic acquisitions, deploying $1.6 billion of capital, and we now expect to deploy $5 billion in acquisitions this year with capacity to do more for the right opportunities." > — Julie T. Sweet, CEO, Investor Focus · Q2 FY2026 ### 6. Fixed Price Work Within bookings, the percentage of our work, which is fixed price, continues to increase over 60% in FY '25. > "Within bookings, the percentage of our work, which is fixed price, continues to increase over 60% in FY '25." > — Angie Park, CFO, Investor Focus · Q2 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 1.0 | weak | Q2 vs Q3: growth slowing (+1.8%, below threshold) | | Gross Margin | 3.0 | weak | Q2: average margin (30.3%) | | Operating Leverage | 1.0 | weak | op margin average (13.8%) | | Cash Runway | 10.0 | strong | FCF very strong ($3.7B, 24.5× CapEx) | | R&D Intensity | 3.0 | weak | low R&D investment (1.1%, weak innovation) | | Price Momentum | 4.0 | medium | RSI 38.1 weak momentum, 50d below | | News Sentiment | 6.0 | medium | majority buy (64%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +66.8% | | Ken Griffin | bear | flow · 50d MA below | | Jim Simons | neutral | quant · RSI 38 | | Klarman | bull | value · target upside +66.8% | | Buffett | bull | quality · ROE score 5/5 | | Munger | bull | valuation · target upside +66.8% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Undervalued - **Financial Health:** Strong - **Margin of Safety:** Strong - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 38.1 — momentum zayıf — oversold yakınında değil ama alıcı baskısı az - **50d MA:** $196 — hisse %8.2 altında — kısa vadeli direnç - **200d MA:** $240 — hisse %25.2 altında — uzun vadeli baskı - **Volume (10d):** -24% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q3 FY25 | $3.49 | $3.35 | BEAT | +3.4% | | Q4 FY25 | $3.03 | $2.98 | BEAT | +2.8% | | Q1 FY26 | $3.94 | $3.74 | BEAT | +0.8% | | Q2 FY26 | $2.93 | $2.84 | +3.2% EPS | -1.7% | Q2 (March 19, 2026): EPS $2.93 vs $2.84 est^[FMP], +3.2% beat. D+1 movement: -1.7%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $3.68 + CapEx discipline** Threshold: EPS > $3.68^{[FMP est]}. Target: Break above median target $300^{[FMP target]}; high target $330^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $3.68 + CapEx < $149.7M** Threshold: EPS ≈ $3.68^{[FMP est]}, Q4 CapEx < $149.7M^[FMP]. Target: Consolidation in the band between current $180^[FMP] and median $300^[FMP]. ### Scenario C · Miss **EPS < $3.57 or CapEx ≥ $149.7M** Threshold: EPS < $3.57^{[FMP est×0.97]}. Target: Current $180 below SMA200 $240^[FMP], if rejection continues, $204^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q2: EPS $2.93 vs $2.84 beat^[FMP], stock -1.7% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q2 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q2 FY26 ### CapEx shock Q2 CapEx $149.7M^{[FMP cashflow]}. Q2 op margin 13.8%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $300 (+66.8% upside vs current $180) - **High / Low:** $330 / $265 - **Buy / Hold / Sell:** 18 / 10 / 0 - **Analyst count:** 1 (last quarter), 101 all-time ## Additional Transcript Insights ### 1. revenue_growth **Claim:** Accenture delivered $18 billion of revenue, growing 4% in local currency and taking significant market share. **Evidence (transcript):** "We delivered another strong quarter with $18 billion of revenue, growing 4% in local currency and once again taking significant market share." **Numbers:** $18 billion, 4% ### 2. record_bookings **Claim:** Accenture had record bookings of $22.1 billion, bringing H1 bookings to a total of $43 billion. **Evidence (transcript):** "We had record bookings of $22.1 billion, bringing H1 bookings to a total of $43 billion." **Numbers:** $22.1 billion, $43 billion ### 3. large_client_bookings **Claim:** Accenture had a record 41 clients with quarterly bookings greater than $100 million, demonstrating the continued demand for reinvention at scale. **Evidence (transcript):** "We had a record 41 clients with quarterly bookings greater than $100 million, bringing us to 74 of these bookings in the first half, 12 more than this time last year, demonstrating the continued demand for reinvention at scale." **Numbers:** 41, $100 million, 74, 12 ### 4. operating_margin_expansion **Claim:** Accenture delivered 30 basis points of operating margin expansion with strong EPS growth year-over-year. **Evidence (transcript):** "We delivered 30 basis points of operating margin expansion with strong EPS growth year-over-year, generating significant free cash flow while investing significantly in our business." **Numbers:** 30 ### 5. acquisition_strategy **Claim:** Accenture now expects to deploy $5 billion in acquisitions this year with capacity to do more for the right opportunities. **Evidence (transcript):** "We closed 3 strategic acquisitions, deploying $1.6 billion of capital, and we now expect to deploy $5 billion in acquisitions this year with capacity to do more for the right opportunities." **Numbers:** 3, $1.6 billion, $5 billion ### 6. ai_talent_pool **Claim:** Accenture now has over 85,000 AI and data professionals already exceeding our goal of 80,000 professionals by the end of fiscal 2026. **Evidence (transcript):** "We now have over 85,000 AI and data professionals already exceeding our goal of 80,000 professionals by the end of fiscal 2026." **Numbers:** 85,000, 80,000, 2026 ### 7. fixed_price_work **Claim:** Within bookings, the percentage of our work, which is fixed price, continues to increase over 60% in FY '25. **Evidence (transcript):** "Within bookings, the percentage of our work, which is fixed price, continues to increase over 60% in FY '25." **Numbers:** 60%, 25 --- *Data source: FMP (live query, 2026-05-03), Q2 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*