Accenture Stock Surges 60% in 3 Months: Is ACN Still a Buy?

Accenture (ACN) shares surged 60% in three months driven by enterprise AI adoption and digital transformation optimism. While the company benefits from strong AI capabilities, diversified services, and $11.6 billion in free cash flow, analysts recommend a 'Hold' rating. Modest organic revenue growth (4.2% projected for fiscal 2027), pricing pressures, and restrained enterprise spending suggest the recent rally may have outpaced fundamental improvements, warranting caution for new investors.