Accenture (ACN) Faces Headwinds, but Analyst Maintains Buy With $315 Target

Accenture plc (NYSE:ACN) is one of the Must-Watch AI Stocks on Wall Street. On September 16, Stifel analyst David Grossman lowered the price target on the stock to $315.00 from $355.00 while maintaining a Buy rating.

The firm noted how Accenture has lagged the equal-weight S&P by an estimated 2500 basis points over the last 90 days driven by flattish to low-single-digit industry growth and stronger performance of AI-leveraged software and semiconductor sectors.

Several higher-risk areas were highlighted for Accenture, including Song (digital marketing), application services, and government services (DOGE). The firm has deemed these headwinds to be legitimate while suggesting market fears “could easily exceed reality.”

Looking ahead, the firm anticipates potential outperformance with an estimated 2% year-over-year constant currency organic revenue growth backed by stable macroeconomic conditions and stronger U.S. federal results.

Stifel has deemed the risk-reward profile to be “very compelling” for patient investors.

Accenture plc (NYSE:ACN) offers strategy and consulting services.

While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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