Technical Analysis: Based on the latest trading data, ACN is showing mixed signals. The RSI(14) at 57.58 indicates a neutral position, neither overbought nor oversold. The MACD at 0.32 suggests a slightly bullish momentum.
The stock closed at $362.41 on January 24, 2025, with a trading range of $360.15-$364.00. Using Fibonacci levels, key resistance points are at $361.69 and $366.32, while support levels are at $346.69 and $342.06.
Fundamental Analysis: Recent analyst reports show strong bullish sentiment. Goldman Sachs has upgraded ACN to Buy with a price target of $420. The company's investment in GenAI is expected to help gain market share as client demand grows. Accenture's Q4 2024 results showed solid performance with:
News Sentiment: Recent positive developments include:
Price Prediction for Next Week: Based on technical and fundamental analysis:
Recommendation: BUY Entry point: Current market price ($362.41) Target: $366.32 Stop loss: $354.19
The strong fundamental outlook, positive analyst sentiment, and technical indicators suggest upward momentum. The company's strategic investments in AI and solid financial performance support this bullish stance.
Year
ACN Price Forecast($)
Potential Return(%)
2025
356.000
0.610
2026
416.000
17.560
2027
450.000
27.170
2028
450.000
27.170
2029
450.000
28.080
2030
500.000
42.320
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.
Jefferies
Price Target
$385 → $355
Upside
-0.07%
BMO Capital
Price Target
$390 → $425
Upside
+15.2%
Jefferies
Price Target
$355 → $385
Upside
+4.36%