Morgan Stanley Targets $177 Price, Downgrades Accenture with 4% Upside
ACN•Accenture’s Q2 fiscal 2026 revenues rose 8% to $18 billion, driven by cloud, cybersecurity and AI demand. Morgan Stanley set a $177 price target—about 4% upside—and downgraded the stock to equalweight ahead of expected EPS of $3.72 (up 6.6%) for the June quarter.
1. Price Target and Rating Change
Morgan Stanley assigned a $177 price target on Accenture shares, implying a 3.95% upside, and downgraded the stock to equalweight, signaling expectations for performance in line with peer averages.
2. Q2 Fiscal 2026 Revenue Growth
Accenture reported Q2 fiscal 2026 revenues of $18 billion, up 8% year-over-year, backed by broad-based demand in cloud computing, cybersecurity services and artificial intelligence implementations across key markets.
3. EPS Projections and Outlook
Analysts forecast Accenture’s EPS will rise to $3.72 for the upcoming quarter—a 6.6% year-over-year increase—with further EPS growth of 7.4% in fiscal 2026 and 7.7% in fiscal 2027 driven by strategic growth initiatives and recent acquisitions.
