Accenture Plc. (NYSE:ACN) is one of the cheap AI stocks to buy right now. On September 24, analysts at UBS reiterated a “Buy” rating on the stock but reduced their price target to $315 from $363. The price cut comes as the company’s 2026 outlook came in lighter than what analysts expected.
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For the fourth quarter of fiscal 2025, the company delivered a 9% increase in earnings per share to $3.03, driven by 7% increase in revenue to $17.6 billion. During the quarter, the consulting firm faced lower US federal government spending and weakness in the consulting business. Bookings totaled $21.3 billion, including $1.8 billion in artificial intelligence-related bookings.
Accenture expects revenue growth of between $18.1 billion and $18.75 billion for the first quarter of 2026, compared to the $18.51 billion that analysts expect. The company expects revenue growth of between 2% and 5%, with full-year earnings per share ranging from $13.19 to $13.57, representing a 12% increase.
Accenture Plc. (NYSE:ACN) is a global professional services company that provides strategy, consulting, technology, and operations services to help businesses reinvent themselves using technology, data, and AI. It offers expertise in areas such as cloud computing, artificial intelligence, digital transformation, supply chain management, and cybersecurity, helping clients solve complex business and societal problems.
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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Disclosure: None. This article is originally published at Insider Monkey.