Latest news with #Accentureplc
Yahoo
a day ago
- Business
- Yahoo
Accenture (ACN) Target Price Raised by JP Morgan
Accenture plc (NYSE:ACN) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, JPMorgan analyst Tien Tsin Huang reiterated an Overweight rating on the stock and increased the price target to $353 from $349. The adjustment underscores a positive outlook on the company's performance. Pixabay/Public Domain Additionally, the analyst reiterated the Overweight rating based on the expectation that Accenture would deliver better-than-expected fiscal third-quarter results. The company is expected to report revenue in line with forecasts, with a slight increase in earnings due to currency fluctuations. Accenture's fiscal 2025 revenue is expected to remain steady at its midpoint. Accenture plc (NYSE:ACN) is a global professional services company that provides a wide range of services, including strategy, consulting, digital, technology, and operations. Its solutions help clients reinvent their businesses, leveraging technology, data, AI, and new working methods. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None.
Yahoo
13-06-2025
- Business
- Yahoo
Accenture Upskills 500,000 Employees to Meet Growing Demand for AI Consulting
Accenture plc (NYSE:ACN) is one of the best stocks for a . The company recently announced that it has equipped 500,000 of its employees with skills in generative artificial intelligence, responding to rising demand for services in this space. A team of data experts gathered around a computer monitor analyzing customer data. According to CEO Julie Sweet, the company's generative AI-related revenue has jumped to $2.6 billion over the past six months, a sharp rise from $300 million in the initial half-year after ChatGPT's 2022 launch. Sweet made the following comment: 'When you think about the scale of that transformation in the last 2.5 years - you can see that we've really focused on rotating all of our offerings, rotating how we deliver for our clients and, of course, using it to operate ourselves.' Globally, consulting and professional services firms have been adopting generative AI to cut down on repetitive and time-consuming tasks traditionally handled by junior staff. At Accenture, consultants are now using the technology to automate routine duties such as creating presentations, Sweet noted. She further stated: 'By being able to use some of the work that is pretty rote in terms of the presentation - we're able to mentor our young leaders about the underlying content more. They're actually able to focus and do more shadowing of senior leaders.' Accenture plc (NYSE:ACN) is a global professional services firm that offers consulting, technology, and outsourcing solutions to both businesses and government entities. The company supports clients in areas such as system integration, strategic planning, and enhancing operational efficiency, all with the goal of helping them achieve greater success. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer Advises to 'Buy Accenture (ACN)'
We recently published a list of . In this article, we are going to take a look at where Accenture plc (NYSE:ACN)stands against other stocks that Jim Cramer discussed recently. Inquiring about Accenture plc (NYSE:ACN), a caller asked if the strategy of breaking the company up would be a good way forward. In response, Cramer said: 'No, don't need to do that. No, don't need to do that. Now, this stock went down because of DOGE. Now that Elon Musk is back to Tesla, I actually think you'd buy Accenture. I've been listening to Julie Sweet. I think she's smart as a whip, and Accenture may be a company that can really help a lot of companies right here.' A team of data experts gathered around a computer monitor analyzing customer data. Accenture (NYSE:ACN) is a professional services company focused on strategy, consulting, technology, and operations. The company provides offerings that include intelligent automation and application-based solutions. Madison Investments stated the following regarding Accenture plc (NYSE:ACN) in its Q1 2025 investor letter: 'Accenture plc (NYSE:ACN) shares were weak in the quarter due to possible contract cancelations from the U.S. Federal government. While some lost business does seem likely, Accenture's overall exposure to this end market is limited and the headwind appears manageable.' Overall, ACN ranks 4th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of ACN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-05-2025
- Business
- Yahoo
Was Jim Cramer Right About Accenture plc (ACN)?
We recently published a list of In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against other stocks that Jim Cramer discusses. Back in 2024, on May 16, a caller on the Mad Money show asked about Accenture plc (NYSE:ACN), which had dropped 20% post-earnings at the time. Cramer acknowledged the weak sentiment but suggested better options while still supporting Accenture: 'Boy, I'll tell you — I saw the downgrade yesterday too, and I couldn't believe all the way down here they downgraded. And I was thinking maybe it's Kindryl picking up the slack, maybe it's IBM. But I'm with you — I think Accenture's too low. But Professor, I think SAP is better. And I like ServiceNow more too.' Although the stock did climb initially, it fell back down to what it was back then, overall up 3.15% since. A team of data experts gathered around a computer monitor analyzing customer data. Accenture plc (NYSE:ACN) is trying to rediscover its AI positioning but has struggled to regain sustained investor enthusiasm since its correction. Cramer refrained from recommending it lately. When asked about it in April, Cramer said this: 'Accenture got, apparently, the way that people are looking at Accenture is that Accenture's being hurt by the DOGE crowd, and if that's the case, you can't go against DOGE. It's, I'll tell you the truth, it's better to buy Palantir.' Overall, ACN ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of ACN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has 100x upside potential, check out our report about this cheapest AI stock. cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Globe and Mail
02-05-2025
- Business
- Globe and Mail
The Zacks Analyst Blog Highlights NVIDIA, Visa, HIVE Blockchain and Accenture
For Immediate Release Chicago, IL – May 2, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Visa Inc. V, HIVE Blockchain Technologies Ltd. HIVE and Accenture plc ACN. Here are highlights from Thursday's Analyst Blog: Bitcoin On Track to Resume Rally: 4 Crypto Stocks in Focus The cryptocurrency market suffered in the first quarter of 2025 and struggled to rebound in April. The crypto market has been taking a hit as part of the broader market slump. However, the final days of April saw cryptocurrencies staging a rebound, with Bitcoin (BTC) back in the race to surpass $100,000. Bitcoin price is still more than 10% lower than its all-time high attained in December 2024. However, experts believe that the cryptocurrency is on track to surpass $140,000 once global trade tensions ease and the Federal Reserve resumes its rate cuts. Given this situation, it would be ideal to buy the dip. We have selected four stocks, namely NVIDIA Corp., Visa Inc., HIVE Blockchain Technologies Ltd. and Accenture plc. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the last 90 days. Bitcoin on Track to Surpass $100,00 Bitcoin's rebound came as the broader market rebounded last week after President Donald Trump said that he is ready for trade negotiations with China, while the White House is already having trade talks with several nations. Trump's comments gave the broader market a major boost. Cryptocurrencies also rallied. The momentum continued into this week, with Bitcoin surpassing $95,000 on Wednesday. Trump's tariff announcement triggered a major stock market selloff over the next few sessions, causing Bitcoin's value to drop below $74,000. However, markets have rebounded since he announced a 90-day halt on tariffs earlier in April. Market participants are also hopeful that the Federal Reserve could resume its rate cuts after inflation dipped in March for the first time since May 2020. Also, Trump has been pushing for rate cuts to bolster the economy. The Commerce Department reported on Wednesday that the U.S. GDP shrank 0.3% in the first quarter, raising concerns among investors. However, investors still held their nerves as many believe that one of the major factors behind this is that consumers spent less and saved more after Trump announced reciprocal tariffs. However, the fears have eased substantially over the past few weeks, and the economy may have recovered in April. 4 Crypto-Centric Stocks with Upside NVIDIA NVIDIA Corporation is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence and the mining or production of cryptocurrencies. NVIDIA's expected earnings growth rate for the current year is 41.8%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. Currently, NVIDIA has a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Visa Visa Inc. is taking a significant step toward modernizing cross-border money movement. In a move aimed at enhancing the efficiency of global transactions, V is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain. This expansion of V includes collaboration with prominent merchant acquirers Worldpay and Nuvei, marking a pivotal development in the world of digital payments. Visa Inc.'s expected earnings growth rate for the current year is 12.4%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 90 days. V currently has a Zacks Rank #3. HIVE Blockchain Technologies HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. The company validates transactions on blockchain networks, as well as provides crypto mining and builds bridges between crypto and traditional capital markets. HIVE Blockchain's expected earnings growth rate for the current year is 72.3%. The Zacks Consensus Estimate for current-year earnings has improved 34.8% over the last 90 days. HIVE presently carries a Zacks Rank #3. Accenture Accenture plc is a worldwide system integrator that offers consulting, technology and various services. The company promotes Ethereum-based blockchain solutions to businesses, aiming to simplify payment processing. Accenture's expected earnings growth rate for the current year is 6.3%. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 90 days. ACN currently carries a Zacks Rank #3. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN): Free Stock Analysis Report Visa Inc. (V): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report
