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Accenture Tumbles on Mixed Q3, Big OT-Security Spend Spooks Investors
business21 days ago

Accenture Tumbles on Mixed Q3, Big OT-Security Spend Spooks Investors

Accenture stock opened about 18.9% lower after a mixed Q3 report: revenue rose 6% to $18.7B and EPS of $3.80 beat estimates, but full-year revenue growth guidance was cut from 4% to 3.5% and the company announced $4.18B in operational-technology cybersecurity acquisitions. Investors balk at the hefty spend amid slowing growth, with the shares down roughly 50% year-to-date and trading at cheap valuation multiples. Management argues AI’s revolution requires critical infrastructure and OT security, suggesting a longer-term upside despite today’s drop.

via The Motley Fool|
#accenture#business#cybersecurity
Accenture's Q3 2026: Growth in AI-led services offsets Middle East headwinds
business22 days ago

Accenture's Q3 2026: Growth in AI-led services offsets Middle East headwinds

Accenture reported Q3 2026 revenue of $18.7B, up 6% in USD (3% local currency), with a 17% operating margin and EPS of $3.80, up 9%. Free cash flow was $3.6B; share repurchases totaled $1.2B and the dividend rose to $1.63 per share. New bookings were $19.3B, down 2% USD; Consulting revenue rose ~4% and Managed Services ~8%. Growth was driven by AI-related demand and strategic OT cybersecurity acquisitions (Dragos), plus mid-market expansion and the new Accenture Edge. A Middle East conflict reduced about $100M of consulting work, and some large managed‑services deals have been delayed into FY27. Macro uncertainty and longer EMEA decision cycles pose headwinds, but management remains confident in margin and EPS expansion and TAM growth from AI and security offerings, as well as ongoing shareholder returns.

via Yahoo Finance|
#accenture#ai#business
Accenture Slumps After Softer Revenue Outlook Sparks AI-Shift Concerns
business23 days ago

Accenture Slumps After Softer Revenue Outlook Sparks AI-Shift Concerns

Accenture plc (ACN) tumbled about 20% after signaling a softer near-term revenue outlook for Q3 (revenue guidance of $17.75–$18.4 billion vs. consensus around $18.47B). For the quarter ended May 31, bookings declined about 2% and revenue rose to $18.7B, just below analyst estimates, while adjusted EPS rose 9% to $3.80. CEO Julie Sweet attributed roughly $100 million in revenue reductions from the Middle East conflict and about $400 million in sales impact. The company maintained full-year local-currency revenue growth guidance of 3–4% and adjusted EPS of $13.78–$13.90. Accenture cited ongoing AI-driven reinvention demand but faces investor concern that AI could disrupt traditional consulting demand; the stock has fallen more than 50% this year amid similar pressure on peers. The firm also announced intended acquisitions (Dragos, runZero, NetRise) for about $4.2 billion in total.

via Yahoo Finance|
#accenture#acn#bookings
Accenture slides after trimming 2026 revenue outlook
business23 days ago

Accenture slides after trimming 2026 revenue outlook

Accenture shares fell almost 15% after lowering its fiscal 2026 revenue growth outlook to 3-4% in local currency (4-5% excluding roughly a 1% impact from its US federal business), even as the company posted a Q3 beat with adjusted EPS of $3.80 on $18.7 billion in revenue. Bookings were $19.3 billion; operating margin rose to 17.0%; free cash flow was $3.6 billion, with $2.2 billion returned to shareholders via buybacks and dividends. Management pointed to strong demand for large-scale reinvention projects and AI transformation, including 104 bookings of $100 million or more year-to-date, up 13%.

via Yahoo Finance|
#accenture#acn#business
Accenture Bets on End-to-End OT Cybersecurity with Dragos-RunZero-NetRise Deal
technology23 days ago

Accenture Bets on End-to-End OT Cybersecurity with Dragos-RunZero-NetRise Deal

Accenture plans to acquire a majority stake in Dragos and 100% of runZero and NetRise for about $4.175 billion to create a unified, end-to-end OT cybersecurity platform. By combining Dragos’ OT threat detection with runZero’s exposure assessment and NetRise’s software-supply-chain and firmware visibility, the deal aims to secure the extended OT (xOT) environment against accelerating AI-driven threats and geopolitical risks. Dragos will operate as an independent unit, led by its co-founder CEO, and Accenture will leverage its relationships to scale adoption. Closing is expected in Aug–Sep 2026, with the trio projected to generate ~ $208 million in annual recurring revenue by mid-2026 and to be accretive to EPS and free cash flow over time.

via Accenture|
#accenture#ai-threats#dragos
States rely on consultants to enforce Trump-era Medicaid work rules
health-policy3 months ago

States rely on consultants to enforce Trump-era Medicaid work rules

States are paying Deloitte, Accenture, Optum and other contractors millions to update Medicaid and SNAP eligibility systems to implement Trump’s work requirements, a move likely to drive up upfront costs while analysts project about 7.5 million fewer people could be uninsured by 2034 and roughly 2.4 million losing food assistance; Wisconsin, Iowa, Kentucky, Illinois and Vermont are among states lining up multi-million-dollar contracts as the federal government foots most of the bill.

via CBS News|
#accenture#deloitte#health-policy
Accenture to Buy Ookla for $1.2B, Bolstering AI-Driven Network Data
technology4 months ago

Accenture to Buy Ookla for $1.2B, Bolstering AI-Driven Network Data

Accenture agreed to acquire Ookla (owner of Speedtest, Downdetector, RootMetrics, and Ekahau) from Ziff Davis for $1.2 billion in cash, with plans to embed Ookla’s data into offerings for telecoms, hyperscalers, and governments to optimize Wi‑Fi and 5G, enhance AI infrastructure resilience, improve fraud prevention, and enable analytics. Ookla reports ~250 million tests per month, ~430 employees, and 2025 revenue of $230.7 million with net income of $76.1 million. The deal is expected to close in coming months, with Accenture continuing to operate Ookla’s business as is.

via Ars Technica|
#accenture#downdetector#manda
Accenture to Acquire Ookla's Downdetector and Speedtest for $1.2B
cybersecurity4 months ago

Accenture to Acquire Ookla's Downdetector and Speedtest for $1.2B

Accenture is buying Ziff Davis's Connectivity division, which runs Downdetector and Speedtest (Ookla), for about $1.2 billion in cash. The move lets Ziff Davis focus on its core brands (IGN, Mashable, Everyday Health) while Accenture adds end-to-end network intelligence capabilities for AI-driven transformation. Downdetector and Speedtest will continue to operate under Ziff Davis during the transition, and the deal may take several months to finalize; Ookla’s growth in part came from 5G rollout and pandemic-era bandwidth demand.

via Engadget|
#accenture#cybersecurity#downdetector
Accenture Surges in Revenue Amid AI Growth Despite Stock Drop
business6 months ago

Accenture Surges in Revenue Amid AI Growth Despite Stock Drop

Accenture exceeded Wall Street revenue expectations in Q1, driven by strong demand for AI-driven IT services and strategic partnerships with AI startups, despite some challenges in the public sector. The company reported $18.74 billion in revenue, surpassing estimates, and plans to continue its AI expansion, though it forecasted slightly lower revenue for the next quarter.

via Yahoo Finance|
#accenture#ai-services#ai-strategy
Accenture Expands Data Center Capabilities with DLB Acquisition
business6 months ago

Accenture Expands Data Center Capabilities with DLB Acquisition

Accenture is acquiring a majority stake in DLB, a leader in data center development services, to enhance its end-to-end capabilities in infrastructure and capital projects, especially to support the growing demand for AI-driven data centers. This move expands Accenture's global presence and expertise in supporting hyperscalers and cloud providers, aligning with its strategy to grow in infrastructure services and AI readiness.

via Accenture|
#accenture#acquisition#ai-infrastructure
Accenture Warns Staff of Job Losses Without AI Adoption
business9 months ago

Accenture Warns Staff of Job Losses Without AI Adoption

Accenture emphasizes the importance of AI skills for its staff, investing heavily in upskilling and hiring, while preparing to exit employees who cannot adapt to AI-driven roles, as part of its broader business optimization strategy. The company has seen significant revenue growth from AI services but faces challenges with US government contracts and is optimistic about future opportunities.

via theregister.com|
#accenture#ai#business