Accenture plc shares ACN remained under pressure on Monday as Wall Street analysts lowered expectations following the company's disappointing fiscal third-quarter report. The stock fell 7.1% to $118.88, extending a sharp decline that began after earnings were released last week.
Analysts continue lowering estimates and price targets after Accenture's disappointing earnings report raised fresh concerns about growth, bookings, acquisitions, and AI disruption.
TOKYO--(BUSINESS WIRE)--INFRONEER Holdings Inc., in collaboration with Accenture and SAP Japan, today announced that it has built a new financial data and insights platform.
Stocks of major Indian information technology companies fell as much as 7% on Friday. Infosys led sector declines as the Nifty IT index dropped more than 5%.
Indian IT shares fell sharply on Friday after Accenture's weaker outlook revived concerns that global technology spending remains fragile despite strong investor enthusiasm around artificial intelligence. The Nifty IT index dropped as much as 5.8%, making it one of the worst-performing sector gauges in Mumbai, after Accenture lowered the upper end of its annual revenue growth forecast and issue...
India's Nifty IT index slumped 5.6% on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business.
Accenture guided investors to expect 3-5% full-year revenue growth while undisclosed headwinds were already pressuring the business -- then cut the outlook and watched the stock fall more than 18% NEW YORK, June 18, 2026 /PRNewswire/ -- Accenture (NYSE: ACN) shareholders lost approximately 18.5% of their investment value today after the company slashed its fiscal year 2026 revenue growth foreca...
