{
  "id": 14443427,
  "title": "Accenture stock rallies on upbeat long-term growth targets",
  "url": "https://urgent.news/2026/10/14/accenture-stock-rallies-on-upbeat-long-term-growth-targets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T12:10:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/accenture-stock-rallies-on-upbeat-longterm-growth-targets-4949099"
  },
  "original_language": "en",
  "account": "Accenture's stock price surged around 4% following its investor day presentation, as the company unveiled growth targets for fiscal year 2029 that surpassed market expectations. The IT services giant anticipated revenue growth of mid- to high-single digits in local currency for fiscal 2029, a significant improvement from the previous guidance of 3% to 6% for fiscal 2027. Additionally, Accenture projected an annual expansion of operating margins by 10 to 30 basis points for fiscal years 2027, 2028, and 2029.\n\nThe company attributes its optimistic outlook to acquisitions, which are expected to contribute roughly 2% to 2.5% of revenue in fiscal 2027, up from around 1.5% in fiscal 2026. For fiscal year 2026, which concluded on August 31, Accenture reported revenue of $74.2 billion, marking a 5% increase in local currency and reaching the top of its initial guidance range of 2% to 5%. This figure represented a notable jump from $61.6 billion in fiscal 2022. Furthermore, adjusted earnings per share (EPS) for fiscal 2026 stood at $13.97, surpassing the forecasted range of $13.52 to $13.90. Accenture also reported free cash flow of $11.6 billion, outpacing the upper limit of its guidance of $9.8 billion to $10.5 billion.\n\nBookings for fiscal 2026 totaled $84.5 billion, with a book-to-bill ratio of 1.1x. Throughout the year, the company returned $11.5 billion to shareholders, including an additional $2 billion in buybacks during the fourth quarter. Looking ahead to fiscal 2027, Accenture aims to generate at least $9.5 billion in free cash flow, allocate $5.5 billion in share repurchases, and increase dividend payouts by 5% per share. The company also estimates its total addressable market at $3 trillion.",
  "summary": null,
  "key_points": [
    "Accenture's stock rose 4% post-investor day presentation",
    "Company targets mid- to high-single digit revenue growth for FY 2029",
    "Acquisitions expected to boost revenue by 2% to 2.5% in FY 2027"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}