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Accenture Stock Crashes To 52-Week Low On Weak Outlook, Fed Jitters

Benzinga·
Accenture Stock Crashes To 52-Week Low On Weak Outlook, Fed Jitters

Accenture shares plummeted 16.81% to a 52-week low after reporting Q3 earnings that beat EPS estimates but missed revenue expectations. The company issued weaker-than-expected fiscal 2026 revenue guidance of $71.76-$72.46 billion, below analyst estimates of $74.01 billion. The decline was also driven by a hawkish Federal Reserve stance pressuring IT stocks and the company's announced $4.18 billion cybersecurity acquisition spree.

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