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Accenture stock could rise 30% as AI boosts digital transformation despite recent dips.

Analyst Insights
02 Oct 2026
24/7 Wall Street
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Bullish
Accenture stock could rise 30% as AI boosts digital transformation despite recent dips.

Accenture's stock fell nearly 60% from its peak amid fears that AI would reduce its consulting revenue, but it surged nearly 16% after a strong earnings report. Analyst Kevin McVeigh from UBS maintains a $275 price target, seeing 30% upside due to Accenture's ability to scale AI revenue and a strong backlog of digital transformation projects. Despite a slight revenue miss and some pricing pressures, the company beat fourth-quarter revenue expectations and showed strong client bookings. While the stock is down nearly 10% over the past year and lags the S&P 500, the AI opportunity and ongoing IT spending recovery support a bullish outlook, though organic growth remains a key factor to watch.

Accenture's stock is trading at USD 211.85 on Pluang, down 0.21% as of Oct 02, 2026 18:31 WIB. The stock's market cap stands at $129.92 billion, with a 52-week high of $288.54 and a low of $124.41, showing significant volatility over the past year.

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