The stock price of Accenture (ACN) has shown volatility recently, with the Relative Strength Index (RSI) indicating oversold conditions at 23.75. The MACD is negative but nearing convergence, suggesting potential bullish momentum. Current Fibonacci levels show resistance at 335.75 and support at 298.78.
Accenture reported strong quarterly revenue of $16.66 billion, up from $15.8 billion last year, with net profit rising to $1.79 billion. The company's expansion into AI with its AI Refinery platform positions it well in a growing market.
Analysts maintain a Strong Buy consensus with an average price target of $379, despite recent target reductions. This reflects confidence in Accenture's resilience and growth prospects.
Based on oversold RSI, strong fundamentals, and positive analyst sentiment, the stock is expected to rise next week. Predicted price: $312. Recommendation: Buy.
The price of ACN is predicted to go up 13.01%, based on the high correlation periods with UEIC. The similarity of these two price pattern on the periods is 98.9%.
ACN
UEIC
Year
ACN Price Forecast($)
Potential Return(%)
2025
356.000
0.610
2026
420.000
20.520
2027
450.000
29.120
2028
500.000
43.470
2029
520.000
49.210
2030
550.000
57.820
Accenture will increase wallet share with its enterprise customers as the technology landscape becomes increasingly complex.
Accenture will rely more on automation to handle some of its business process outsourcing, allowing for margin expansion.
Accenture's mix shift away from more commoditized offerings should boost profitability.
Barclays
2025-03-24
Price Target
$415 → $390
Upside
+26.98%
RBC Capital
2025-03-21
Price Target
$399 → $392
Upside
+28.29%
Guggenheim
2025-03-21
Price Target
$400 → $395
Upside
+29.28%