Reported 3 days ago
Stifel has reaffirmed its Buy rating on Accenture plc (NYSE:ACN), despite a 33% drop in share price since the start of 2025 and ongoing challenges related to artificial intelligence and economic conditions. With projected organic revenue growth of about 2% for fiscal 2026, well below pre-pandemic averages, Accenture's performance is affected by macroeconomic headwinds and AI adoption complexities. However, Stifel believes these issues will lessen over time, noting Accenture's strong dividend history, with a current yield of 2.79% and a quarterly return of $1.63 per share.
Source: YAHOO