Stifel Reiterates Buy on Accenture (ACN) Ahead of December 18 Earnings

Accenture plc (NYSE:ACN) is one of the Trending AI Stocks on Wall Street. On December 12, Stifel maintained its Buy rating on the stock with a price target of $315.00. The firm believes that the impact of artificial intelligence is being oversimplified, noting that enterprises will require third-party support to scale AI use cases.

As such, the recent slowdown in growth can be largely attributed to economic and technology uncertainty instead of fundamental shifts in the service model.

The firm further noted how historically, Accenture has been able to adapt well to technological shifts and eventually reaccelerate growth. Data points have also been encouraging in this regard, including stable pricing trends, improved reliance on service providers by AI-native companies, and federal sector stability.

The firm anticipates ACN to deliver in-line quarterly results, with a possible bias toward the higher end of guidance. Foreign exchange tailwind has also moderated to an estimated 50-70 basis points.

ACN’s earnings are scheduled for December 18^th, with FY2026 EPS forecasted at $13.96.

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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