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Accenture shares tumble on slashed revenue growth outlook

Accenture shares dropped sharply following a fiscal third-quarter revenue miss and a lowered full-year growth forecast. While earnings topped analyst expectations, the company reduced its 2026 revenue growth outlook to 3-4%. The decline also impacted major Indian IT stocks, which fell up to 7%.

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What changed

Accenture lowered its fiscal 2026 revenue growth guidance and reported a Q3 sales miss.

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  1. Accenture Shares Plunge After Slashed Fiscal 2026 Revenue Outlook

    Accenture shares dropped sharply following a fiscal third-quarter revenue miss and a lowered full-year growth forecast. While earnings topped analyst expectations, the company reduced its 2026 revenue growth outlook to 3-4%. The decline also impacted major Indian IT stocks, which fell up to 7%.

    What's confirmed:

    • Accenture lowered its fiscal 2026 revenue growth forecast to 3-4%.
    • The company reported fiscal Q3 revenue of $18.7 billion, which missed consensus estimates.
    • Fiscal Q3 earnings topped analyst expectations.
    • Accenture shares fell by more than 14% following the update.
    • Indian IT stocks slumped up to 7% after the revenue guidance cut.
    • Fiscal Q3 revenue increased 6% and EPS rose 9% year over year.
    • The company reported results for the period ended May 31, 2026.

    Still unconfirmed:

    • Middle East sales disruptions caused $400 million in losses.
    • Shares fell to their lowest level since 2017 due to AI threats.
    • The stock drop was partly caused by a big acquisition.
    • Shares plunged up to 19%.
    confidence 90%