Accenture Stock Poised for Turnaround? AI-Fueled Earnings and Analyst Bets Spark Debate
Analysts and experts acknowledge Accenture’s near-term challenges but highlight its strategic strengths. CEO Julie Sweet insists AI will expand the market – We do not see AI as deflationary… we see it as expansionary” investing.com – a view echoed by bullish forecasts. CFRA’s Idlet and others argue the selloff is overdone given Accenture’s solid backlog and financials ts2.tech reuters.com. Still, some worry that if client spending remains stalled, ACN could languish. As Zacks notes, Accenture’s stock is cheap (off 32% YTD nasdaq.com) but the company’s own cautious guidance and macro drag may keep near-term growth muted. In summary, Accenture’s latest