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Accenture cuts revenue outlook, stock crashes 11% in pre-market trading

Accenture lowered the upper end of its annual revenue growth forecast on Thursday, signalling that companies remain cautious on discretionary technology spending despite continued investment in artificial intelligence and cybersecurity.The consulting giant now expects revenue growth of 3%-4% for FY26, narrowing its earlier guidance of 3%-5%. It also forecast fourth-quarter revenue of $17.75 billion-$18.4 billion, below analysts' consensus estimate of $18.47 billion, according to LSEG data.The w…

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Economic TimesLean R·3h ago
Accenture cuts revenue outlook, stock crashes 11% in pre-market trading
Accenture lowered the upper end of its annual revenue growth forecast on Thursday, signalling that companies remain cautious on discretionary technology spending despite continued investment in artificial intelligence and cybersecurity.The consulting giant now expects revenue growth of 3%-4% for FY26, narrowing its earlier guidance of 3%-5%. It also forecast fourth-quarter revenue of $17.75 billion-$18.4 billion, below analysts' consensus estimate of $18.47 billion, according to LSEG data.The w…
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Accenture cuts revenue outlook, stock crashes 11% in pre-market trading

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