Accenture slides after downbeat revenue forecasts

Accenture

18/06/2026 12:35

** Shares of IT services and consulting firm Accenture ACN.N drop 11% to $137.7 premarket
** Co cuts the top end of its annual revenue growth forecast range
** Co now expects annual revenue growth of between 3% to 4%, compared with its prior forecast of 3% to 5%
** ACN forecasts Q4 revenue between $17.75 billion and $18.4 billion, below analysts estimate of $18.47 billion, according to data compiled by LSEG 
** Co strikes deal to acquire majority stake in Dragos, fully acquire runZero and NetRise in a combined deal valued at $4.18 billion
** Third-quarter revenue of $18.72 billion misses analysts estimate of $18.75 billion
** Up to last close, stock down ~42% YTD



 (Reporting by Anzar Mehraj in Bengaluru)
 ((Anzar.Mehraj@thomsonreuters.com))