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IT Consulting Is Not Having a Good Time
Motley Fool46d agoneutral
IT Consulting Is Not Having a Good Time

Data centers might have a climate problem. With more than 80% of data centers worldwide in regions at high risk of drought, flooding, or wildfires. The implication of these trillions in investment being at elevated risk to weather related disasters could have some major downstream issues. Plus, a dive into Accenture’s earnings and the challenges facing the IT consulting industry.

The AI Race Has Changed: How MSPs Drive Growth for SMBs: Pax8 CSO Ryan Walsh, possibl.ai CEO Nyssa Waters, Live from Pax8 Beyond 2026
Exec Edge46d agoneutral
The AI Race Has Changed: How MSPs Drive Growth for SMBs: Pax8 CSO Ryan Walsh, possibl.ai CEO Nyssa Waters, Live from Pax8 Beyond 2026

Watch Video Highlights Below, or Click HERE: Tech Edge hosted a fireside chat on June 9 at Pax8 Beyond 2026 in Salt Lake City with Ryan Walsh, co-founder, Chief Strategy Officer and Channel Chief at Pax8, and Nyssa Waters, co-founder and Chief Executive Officer at possibl.ai. The in-person interview was joined by Editor-at-Large Jarrett Banks and […] The post The AI Race Has Changed: How MSPs Drive Growth for SMBs: Pax8 CSO Ryan Walsh, possibl.ai CEO Nyssa Waters, Live from Pax8 Beyond 2026 appe

Wall Street Expects Accenture plc (ACN) to Bounce Back Despite a 50% YTD Decline
Insider Monkey47d agoneutral
Wall Street Expects Accenture plc (ACN) to Bounce Back Despite a 50% YTD Decline

Accenture plc (NYSE:ACN) has declined more than 50% year-to-date and around 34% since the start of June. While the share price has been hit due to sector-wide margin concerns, the stock plummeted further after management narrowed its full-year local-currency revenue growth forecast from a range of 3% – 5% to 3% – 4%. ​Wall Street […]

Accenture’s Q2 Earnings Call: Our Top 5 Analyst Questions
StockStory48d agoneutral
Accenture’s Q2 Earnings Call: Our Top 5 Analyst Questions

Accenture’s second-quarter performance was met with a sharp negative market reaction, as investors digested a combination of steady revenue growth and cautious commentary around external disruptions. Management highlighted that broad-based client demand and expanding AI initiatives fueled growth across all regions and service lines. However, CEO Julie Sweet noted that the Middle East conflict and resulting client hesitancy in discretionary spending weighed on consulting revenues, particularly in

Mizuho Trims PT On Accenture (ACN) Following Weaker-Than-Expected Fiscal 2026 Guidance
Insider Monkey48d agoneutral
Mizuho Trims PT On Accenture (ACN) Following Weaker-Than-Expected Fiscal 2026 Guidance

Backed by bullish positioning from 64 hedge funds and analyst expectations of 43.40% upside, Accenture plc (NYSE:ACN) ranks among the top stocks to buy for financial stability. With analysts reassessing near-term growth expectations, Accenture plc (NYSE:ACN) has faced pressure following a softer outlook, even as the company accelerates its expansion in cybersecurity and positions itself […]

Accenture (ACN) Price Target Lowered by $22 at JP Morgan. Here is Why
Insider Monkey48d agoneutral
Accenture (ACN) Price Target Lowered by $22 at JP Morgan. Here is Why

With an annual dividend yield of 5.13%, Accenture plc (NYSE:ACN) is included among the 12 Best S&P 500 Stocks to Buy for Dividends. Accenture plc (NYSE:ACN) provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. On June 21, JPMorgan lowered its […]

Accenture (ACN) Lands Coretura Partnership To Build Software For Commercial Vehicles
Simply Wall St.48d agobullish
Accenture (ACN) Lands Coretura Partnership To Build Software For Commercial Vehicles

Accenture (NYSE:ACN) has entered a multi-year engineering partnership with Coretura, the Daimler Truck and Volvo Group joint venture. The collaboration focuses on building a unified software platform for commercial vehicles, covering trucks and buses across multiple brands. This agreement extends Accenture’s role beyond consulting and IT services into core automotive software engineering and platform development. Accenture is moving deeper into transportation technology at a time when its...

JPMorgan Cuts PT on Accenture (ACN) – Here’s Why
Insider Monkey48d agobearish
JPMorgan Cuts PT on Accenture (ACN) – Here’s Why

Accenture plc (NYSE:ACN) is one of the top high-conviction stocks to buy according to hedge funds. JPMorgan cut the price target on Accenture plc (NYSE:ACN) to $201 from $247 on June 8 and reiterated an Overweight rating on the shares. The rating update came as part of a fiscal Q3 report preview, with the firm trimming […]

Accenture (ACN) to Acquire Stake in Dragos and Buy runZero and NetRise for $4.175B
Insider Monkey49d agobullish
Accenture (ACN) to Acquire Stake in Dragos and Buy runZero and NetRise for $4.175B

Accenture (NYSE:ACN) is one of the most promising stocks with highest upside potential. On June 18, Accenture announced agreements to acquire a majority stake in Dragos, alongside full acquisitions of runZero and NetRise, for a combined enterprise value of ~$4.175 billion. This move aims to deliver a unified, end-to-end cybersecurity platform for “xOT” environments, which […]

Pzena Focused Value Strategy Picked Accenture (ACN) Defying Market Fears
Insider Monkey49d agoneutral
Pzena Focused Value Strategy Picked Accenture (ACN) Defying Market Fears

Pzena Investment Management recently released its first-quarter 2026 commentary for “Pzena Focused Value Strategy.” A copy of the letter can be downloaded here. The equity market faced challenges in the first quarter due to the Iran conflict and the related energy price hike, compounded by continued AI-related uncertainty. Despite this volatility, energy stocks led the […]

AI Disruption Concerns Weighed on Accenture (ACN)
Insider Monkey49d agoneutral
AI Disruption Concerns Weighed on Accenture (ACN)

Aoris Investment Management, a specialist international equity manager, released its Q1 2026 investor letter for “Aoris International Fund”. A copy of the letter is available to download here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During […]

Accenture Expands Share Repurchase Plan by $2 Billion as Confidence in AI Positioning Grows (ACN)
InvestorsHub49d agoneutral
Accenture Expands Share Repurchase Plan by $2 Billion as Confidence in AI Positioning Grows (ACN)

Stock Gains After Enhanced Capital Return CommitmentAccenture (NYSE:ACN) shares moved 2% higher on Tuesday after the consulting and technology services group announced a significant expansion of its fiscal 2026 share repurchase programme. The company increased its planned buyback allocation by $2 billion, reinforcing its commitment to returning capital to shareholders while highlighting confidence in its long-term growth prospects.

Is Accenture (ACN) Sacrificing Near-Term Growth To Reinvent Its Consulting Model Around AI And Cloud?
Simply Wall St.50d agoneutral
Is Accenture (ACN) Sacrificing Near-Term Growth To Reinvent Its Consulting Model Around AI And Cloud?

Accenture’s latest fiscal third-quarter report showed past quarterly sales of US$18.72 billion and net income of US$2.34 billion, but management cut full-year revenue growth guidance and highlighted delayed client deals alongside weaker bookings. At the same time, Accenture has been deepening its role in AI- and cloud-enabled transformations, such as INFRONEER’s rapid SAP Cloud ERP rollout and Unilever’s AI digital twin expansion, underscoring how the company is helping large clients rebuild...

Why Accenture (ACN) Stock Is Down Today
StockStory50d agoneutral
Why Accenture (ACN) Stock Is Down Today

Shares of global professional services company Accenture (NYSE:ACN) fell 7.6% in the afternoon session after It extended its post-earnings selloff that erased nearly a quarter of the company's value in under a week.