Accenture plc (NYSE: ACN) is a leading global professional services company specializing in consulting, technology, and outsourcing. It helps businesses innovate and improve operations through digital, cloud, and security solutions, serving clients across various industries worldwide.
Key Takeaways:
- Accenture’s stock price is projected to experience steady growth over the next three decades.
- Technological advancements and digital transformation will likely drive Accenture’s business expansion.
- The company’s diverse portfolio and global presence contribute to its resilience and growth potential.
- Long-term investors may find Accenture an attractive option for portfolio growth.
Overview of Accenture plc
Accenture has a rich history dating back to 1951 when it began as the business and technology consulting division of accounting firm Arthur Andersen.
In 1989, Andersen Consulting split from Arthur Andersen, leading to tensions over profit-sharing and competition. A legal battle ensued, resulting in Andersen Consulting’s complete separation in 2000. On January 1, 2001, the company rebranded as “Accenture,” a name inspired by “Accent on the future,” marking a new era for the consulting giant.
Accenture plc Company Profile
| Company Profile | Accenture plc |
| Country | Ireland |
| Ticker Symbol | ACN |
| Exchange | NYSE |
| Founded | 1989 |
| IPO Date | 2001 |
| Industry | Professional Services |
| Sector | Information Technology |
| Employees | 750,000 |
| CEO | Julie Sweet |
| Market Cap (August 28, 2024) | $211.34 billion |
| Website | accenture |
Accenture plc (ACN) Balance Sheet Analysis
Accenture plc (NYSE: ACN) reported a robust financial position in its 2023 balance sheet. As of August 31, 2023, the company’s total assets reached $51.2 billion, marking a significant increase from the previous year.
The company’s liabilities stood at $24.8 billion, while total equity grew to $26.5 billion. This solid equity base underscores Accenture’s financial strength and ability to fund future growth initiatives.
Accenture maintained a healthy working capital of $5.4 billion, ensuring sufficient liquidity for day-to-day operations. The company’s total debt remained manageable at $3.1 billion, indicating a conservative approach to leverage.
With net tangible assets of $8.0 billion, Accenture demonstrated a strong underlying asset base. The balance sheet reflects the company’s continued growth and financial stability, positioning it well in the competitive professional services sector.
Balance Sheet Data Source: finance.yahoo
Accenture plc Stock Price History
Accenture plc (NYSE: ACN) had its IPO in the year 2001. Accenture plc (NYSE: ACN) reached its all-time high price of $416.95 on December 31, 2021.
As of August 28, 2024, Accenture’s stock price stands at $337.39.
Accenture Stock Price Forecast 2024
For the remainder of 2024, we anticipate Accenture’s stock to continue its upward trend. We project a potential increase of 10% by the end of the year.
Accenture’s focus on digital transformation services is expected to drive growth in 2024. The company’s investments in cloud technologies and AI solutions are likely to attract more clients seeking to modernize their operations. Partnerships with leading tech firms could further boost Accenture’s market position and investor confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $278.10 | $360.91 | $393.72 |
Accenture Stock Price Forecast 2025
In 2025, Accenture is poised to capitalize on the increasing demand for cloud services and artificial intelligence solutions. We forecast a growth rate of 11% for this year.
The company’s expansion into emerging markets could be a key growth driver in 2025. Accenture’s expertise in industry-specific digital solutions may lead to increased market share across various sectors. The ongoing trend of businesses prioritizing digital resilience is likely to benefit Accenture’s consulting and technology services.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $364.19 | $400.61 | $437.03 |
Accenture Stock Price Forecast 2026
The year 2026 could see Accenture further expanding its position in emerging technologies. With an expected growth rate of 12%, the company’s stock price may reflect its expanding market share and innovative solutions.
Accenture’s investments in quantum computing and blockchain technologies may start yielding returns in 2026. The company’s focus on sustainability solutions could attract environmentally conscious clients and investors. Potential acquisitions in niche technology areas might further strengthen Accenture’s service portfolio and market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $407.89 | $448.68 | $489.47 |
Accenture Stock Price Forecast 2027
As digital transformation becomes increasingly critical for businesses worldwide, Accenture’s expertise is likely to be in high demand. We project a 13% growth for 2027.
The integration of AI and machine learning across Accenture’s service offerings could drive significant growth in 2027. The company’s cybersecurity solutions may see increased demand as digital threats evolve. Accenture’s ability to adapt to changing regulatory landscapes in technology could give it a competitive edge.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $460.92 | $507.01 | $553.10 |
Accenture Stock Price Forecast 2028
In 2028, Accenture may benefit from increased government spending on digital infrastructure and cybersecurity. We estimate a growth rate of 14% for this year.
Accenture’s involvement in smart city projects and digital government initiatives could be a major growth catalyst in 2028. The company’s expertise in data analytics and AI might be crucial for public sector digital transformation. Accenture’s global presence could help it capitalize on various government contracts worldwide.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $525.45 | $577.99 | $630.53 |
Accenture Stock Price Forecast 2029
The latter part of the decade could see Accenture expanding its presence in emerging markets. We anticipate a 15% growth rate for 2029.
Accenture’s focus on developing markets in Africa and Southeast Asia might yield significant returns in 2029. The company’s ability to provide localized solutions while leveraging global expertise could be a key differentiator. Investments in training local talent in these regions may enhance Accenture’s reputation and market penetration.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $604.27 | $664.69 | $725.11 |
Accenture Stock Price Forecast 2030
As we enter a new decade, Accenture’s focus on sustainability and responsible business practices may become a key differentiator. We project a 14% growth rate for 2030.
Accenture’s commitment to environmental, social, and governance (ESG) principles could attract socially responsible investors in 2030. This trend is also reflected in other companies’ stock forecasts, such as the Prologis stock price prediction, which emphasizes the importance of sustainable business practices. Accenture’s own progress in achieving sustainability goals might enhance its brand value and stock attractiveness.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $688.87 | $757.75 | $826.63 |
Accenture Stock Price Forecast 2031
In 2031, Accenture’s investments in quantum computing and advanced AI could start yielding significant returns. We forecast a growth rate of 13%.
Accenture’s quantum computing services might revolutionize industries like finance and pharmaceuticals in 2031. The company’s advanced AI solutions could lead to breakthroughs in predictive analytics and decision-making processes. Accenture’s role in shaping ethical AI practices may also boost its reputation and client trust.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $778.42 | $856.26 | $934.10 |
Accenture Stock Price Forecast 2032
The year 2032 may see Accenture benefiting from the widespread adoption of 5G and IoT technologies. We expect a growth rate of 12% for this year.
Accenture’s IoT solutions could transform industries like manufacturing and healthcare in 2032. The company’s expertise in edge computing and 5G applications might lead to innovative service offerings. Accenture’s ability to integrate these technologies with existing systems could be highly valued by clients across sectors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $871.83 | $959.01 | $1,046.19 |
Accenture Stock Price Forecast 2033
As businesses increasingly rely on data-driven decision-making, Accenture’s analytics and insights services could drive substantial growth. We project an 11% increase for 2033.
Accenture’s advanced data analytics capabilities might be crucial for businesses navigating complex global markets in 2033. The company’s ability to provide real-time insights and predictive modeling could be highly sought after. Accenture’s focus on data privacy and ethical data use may also strengthen client relationships and trust.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $967.73 | $1,064.50 | $1,161.27 |
Accenture Stock Price Forecast 2034
In 2034, Accenture’s focus on industry-specific solutions may lead to increased market share across various sectors. We anticipate a growth rate of 10% for this year.
Accenture’s tailored solutions for industries like healthcare, finance, and energy could drive growth in 2034. The company’s ability to combine deep industry knowledge with cutting-edge technology might result in innovative products and services. Accenture’s focus on upskilling its workforce to meet evolving industry needs could be a key competitive advantage.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $1,064.50 | $1,170.95 | $1,277.40 |
Accenture Stock Price Forecast 2035
The mid-2030s could see Accenture at the forefront of integrating human workforce with AI and robotics. We forecast an 11% growth rate for 2035.
Accenture’s solutions for human-AI collaboration might revolutionize workforce management in 2035. This focus on AI integration is a common theme in tech company forecasts, as seen in the Infosys stock prediction, which also highlights the potential of AI in shaping future business landscapes. The company’s expertise in robotic process automation and cognitive AI could lead to significant productivity gains for clients. Accenture’s role in addressing the societal impacts of AI and automation may also enhance its corporate reputation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $1,181.60 | $1,299.75 | $1,417.91 |
Accenture Stock Price Forecast 2036
In 2036, Accenture’s expertise in managing complex digital ecosystems may become increasingly valuable. We project a 12% growth rate for this year.
Accenture’s ability to integrate and manage diverse technologies within enterprise ecosystems could be a key growth driver in 2036. The company’s solutions for seamless data flow and interoperability might be crucial for businesses. Accenture’s focus on creating resilient and adaptive digital infrastructures may attract clients facing rapid technological changes.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $1,323.39 | $1,455.72 | $1,588.06 |
Accenture Stock Price Forecast 2037
As we approach the late 2030s, Accenture’s role in shaping digital governance and ethics could become a key growth driver. We anticipate a 13% increase in stock price for 2037.
Accenture’s involvement in developing global standards for AI ethics and digital governance might boost its reputation in 2037. The company’s solutions for ensuring transparency and accountability in AI systems could be highly sought after. Accenture’s expertise in navigating complex international regulations may also provide a competitive edge.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $1,495.43 | $1,644.96 | $1,794.51 |
Accenture Stock Price Forecast 2038
The year 2038 may see Accenture leveraging its vast data resources to provide unprecedented insights and services. We forecast a growth rate of 14% for this year.
Accenture’s ability to harness big data for strategic decision-making could be a major asset in 2038. The company’s advanced analytics and AI capabilities might lead to breakthrough innovations in various industries. Accenture’s focus on responsible data use and privacy protection could further strengthen client trust and relationships.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $1,704.79 | $1,875.25 | $2,045.74 |
Accenture Stock Price Forecast 2039
In 2039, Accenture’s contributions to space commerce and exploration could open new avenues for growth. We project a 15% increase in stock price for this year.
Accenture’s involvement in space-related technologies and services might be a significant growth driver in 2039. The company’s expertise in managing complex projects could be valuable for space exploration initiatives. Accenture’s solutions for leveraging space-based data and technologies may find applications across various industries on Earth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $1,960.51 | $2,156.54 | $2,352.60 |
Accenture Stock Price Forecast 2040
As we enter the 2040s, Accenture’s role in developing and implementing solutions for climate change and resource management may become increasingly significant. We anticipate a growth rate of 14% for 2040.
Accenture’s focus on sustainable technologies and circular economy solutions could drive growth in 2040. This long-term outlook on sustainability and technology aligns with other industry leaders, as evidenced in the FTS stock forecast, which similarly projects growth based on technological advancements and environmental considerations. The company’s expertise in optimizing resource use and reducing environmental impact might be crucial for businesses adapting to climate change. Accenture’s innovations in green technologies could attract environmentally conscious clients and investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $2,234.98 | $2,458.46 | $2,681.96 |
Accenture Stock Price Forecast 2050
Looking ahead to 2050, Accenture is positioned to be a key player in shaping the future of global business and technology. Our long-term projection sees the stock price reaching $6,500, representing significant growth over the decades.
By 2050, Accenture could be at the forefront of integrating emerging technologies like advanced AI, quantum computing, and biotechnology into business operations. The company’s role in addressing global challenges such as climate change, resource scarcity, and demographic shifts might be substantial. Accenture’s ability to adapt to radical technological and societal changes could be key to its continued success.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $6,175.00 | $6,500.00 | $6,825.00 |
Conclusion
Our analysis suggests that Accenture’s stock price has the potential for substantial growth over the next three decades. We project the price to reached $6,500 in 2050, we anticipate a nearly 20-fold increase. This growth is underpinned by Accenture’s strong market position, its ability to adapt to technological changes, and its strategic focus on high-growth areas.
FAQs
1. What is the future of ACN share price?
According to the forecast, Accenture’s stock price is expected to show consistent growth over the coming years. The projections indicate a steady increase from 2024 through 2040, with annual growth rates ranging from 10% to 15%. By 2040, the average stock price is forecasted to reach $2,458.46. This growth is expected to be driven by Accenture’s focus on digital transformation, cloud technologies, and AI solutions. The company’s ability to adapt to emerging technologies and market trends could contribute significantly to its long-term stock performance.
2. What is the ACN share prediction for 2030?
For 2030, the forecast predicts:
- Low Price: $688.87
- Average Price: $757.75
- High Price: $826.63
This represents a projected growth rate of 14% for that year. The 2030 prediction reflects Accenture’s anticipated success in sustainability initiatives and responsible business practices. The company’s commitment to environmental, social, and governance (ESG) principles is expected to attract socially responsible investors and enhance its brand value in the market.
3. What is the ACN 10 year outlook?
Looking at the 10-year period from 2024 to 2034, the outlook for Accenture appears positive. The forecast suggests consistent growth, with the average stock price potentially rising from $360.91 in 2024 to $1,170.95 in 2034. This represents a significant increase over the decade, driven by factors such as digital transformation services, cloud technologies, AI solutions, and expansion into emerging markets. Accenture’s investments in quantum computing, blockchain, and industry-specific digital solutions are expected to yield substantial returns during this period, potentially strengthening its market position and driving stock growth.
4. Is ACN a buy, hold, or sell?
We would cautiously suggest that ACN could be considered a “buy” or “hold” for long-term investors. Accenture’s focus on key growth areas such as digital transformation, cloud technologies, AI solutions, and sustainability. These are likely to be crucial sectors in the coming years. Accenture’s investments in areas like quantum computing, blockchain, and sustainability solutions indicate a forward-thinking approach that could drive future growth.
5. Who are the major competitors of ACN?
The major competitors of Accenture plc (NYSE: ACN) include:
- IBM Corporation (IBM) – A global technology company offering consulting, IT services, and cloud solutions.
- Cognizant Technology Solutions (CTSH) – Provides IT services, digital, technology, consulting, and operations services.
- Infosys Ltd. (INFY) – An IT services company specializing in consulting, technology, and outsourcing solutions.
- Tata Consultancy Services (TCS) – A multinational IT services and consulting company, part of the Tata Group.
- Capgemini SE (CGEMY) – Offers consulting, technology, and digital transformation services.
- Deloitte – A global professional services network providing consulting, tax, audit, and advisory services.
- Ernst & Young (EY) – Provides consulting, audit, tax, and advisory services to various industries.
- PwC (PricewaterhouseCoopers) – Offers advisory, consulting, and assurance services globally.
- DXC Technology Company (DXC) – An IT services company focusing on digital transformation for enterprises.
- Wipro Limited (WIT) – An IT consulting and outsourcing company providing solutions in cloud, digital, and cybersecurity.
These companies compete with Accenture in areas such as digital transformation, IT consulting, outsourcing, and cloud services.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
