Ultime notizie per Accenture (NYSE:ACN) Azioni

Accenture

Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.

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ACCELERA INNOVATIONS INC by Accelera Innovations, Inc.

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News

Accenture Federal Services Launches 'Federal AI Solution Factory' With Google Public Sector

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.accenture.com%2Fus-en%2Fabout%2Fcompany%2Funited-states&amp;esheet=54134974&amp;newsitemid=20241011534028&amp;lan=en-US&amp;anchor=Accenture&amp;index=1&amp;md5=be060dc19101383a76178c415e31ad3c">Accenture</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) has acquired <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.thejoshuatreegroup.com%2F&amp;esheet=54134974&amp;newsitemid=20241011534028&amp;lan=en-US&amp;anchor=Joshua+Tree+Group&amp;index=2&amp;md5=3248348ee43411265288398435e96ac8">Joshua Tree Group</a> ("JTG"), a supply chain consulting firm specializing in distribution center performance. The acquisition will help Accenture make distribution centers more productive and efficient for its clients in retail, consumer goods and other product-based industries. It also expands Accenture's capabilities to design and build more autonomous supply chains, where AI-powered tools improve labor productivity, inventory management and customer fulfillment.
&nbsp;

Accenture Acquires Joshua Tree Group To Enhance Distribution Center Performance For Retail And Consumer Goods Clients; The Terms Of The Deal Were Not Disclosed

Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) has outperformed the market over the past 10 years by 4.91% on an annualized basis producing an average annual return of 16.84%. Currently, Accenture has a market capitalization of $225.13 billion. 
Buying $100 In ACN: If an investor had bought $100 of ACN stock 10 years ago, it would be worth $472.15 today based on a price of $359.64 for ACN at the time of writing.
<h3>Accenture's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728585021_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much $100 Invested In Accenture 10 Years Ago Would Be Worth Today

In the current market session, Accenture Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) stock price is at $359.07, after a 1.25% decrease. However, over the past month, the company's stock went up by 2.63%, and in the past year, by 18.97%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1728581414_0.png" alt="Past Year Chart" />

<h3>How Does Accenture P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Accenture has a lower P/E than the aggregate P/E of 56.69 of the IT Services industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1728581414_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

Price Over Earnings Overview: Accenture

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), saying he likes <a href="https://www.benzinga.com/news/24/03/37876921/reddit-stock-opens-for-trading-at-47-everything-you-need-to-know">the stock very much</a>.
Reddit made its long-awaited entry into the public markets earlier this year as the first major initial public offering of 2024. After pricing its IPO at $34 per share, the stock opened on March 21 for trading at $47. It closed Wednesday at $71 per share.
Carmaer also likes Cava (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>). &#8220;I don't want you to buy it up here,&#8221; he said. &#8220;I do want you <a href="https://www.benzinga.com/quote/CAVA/analyst-ratings">to own it</a>.&#8221;
The &#8220;Mad Money&#8221; host said Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is &#8220;too hard&#8221; and recommended buying Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
When asked about GE HealthCare Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NYSE">GEHC</a>), he said. &#8220;I'd wait for another downgrade and buy more. I would not buy more right here.&#8221;
Cramer said buying McCormick &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>) right here is a &#8220;very good idea.&#8221;
The Mad Money host said GlaxoSmithKline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSK#NYSE">GSK</a>) goes higher.
Cadence Design Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is a &#8220;winner,&#8221; he said.
&#8220;This is a loser. Maybe it can make a comeback,&#8221; Cramer said when asked about Nextracker Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>). &#8220;I got too enthusiastic about it.&#8221;
Cramer said he is not encouraging buying in that sector, when asked about Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>).
Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) is a &#8220;great buy&#8221; here, Cramer said.
Cramer said he just doesn't understand Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>).
Price Action:
<ul>
<li>Cava shares fell 0.1% to settle at $131.86 on Wednesday.</li>
<li>Trump Media &amp; Technology shares fell 5.6% to close at $20.57.</li>
<li>Reddit shares gained 0.3% to close at $71.00.</li>
<li>Accenture shares rose 1.3% to close at $365.08.</li>
<li>Equinor shares fell 2% to settle at $24.88 on Wednesday.</li>
<li>Nextracker shares gained 0.3% to settle at $35.24.</li>
<li>Cadence Design shares gained 3.5% to close at $279.56 on Wednesday.</li>
<li>GlaxoSmithKline shares gained 5.8% to close at $40.24 on Wednesday.</li>
<li>Super Micro Computer shares gained 4.3% to close at $47.29 during the session.</li>
<li>GE Healthcare shares gained 0.1% to close at $90.77 during Wednesday's session.</li>
<li>McCormick shares gained 0.1% to close at $79.71 on Wednesday.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41266054/s-p-settles-at-record-high-as-apple-amazon-shares-surge-investor-optimism-improves-ahead-of-inflati">S&amp;P Settles At Record High As Apple, Amazon Shares Surge: Investor Optimism Improves Ahead Of Inflation Data</a></li>
</ul>
Image: Shutterstock

Long Ideas

Media

CAVA

CDNS

EQNR

GEHC

NVDA

RDDT

SMCI

Jim Cramer Likes Reddit Very Much, Calls Accenture A 'Great Buy'

Following significant lobbying from major tech companies, California Gov. Gavin Newsom (D) has vetoed a bill designed to regulate AI, citing concerns <a href="https://www.benzinga.com/news/24/09/41083785/gavin-newsom-vetoes-controversial-ai-regulation-bill-backed-by-elon-musk-framework-must-keep-pace-wi" target="_blank" rel="noreferrer noopener">that it could stifle innovation</a>.
Telecom &amp; Smartphone
In the&nbsp;settlement with the Federal&nbsp;Communications Commission (FCC,)&nbsp;T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) has pledged to significantly <a href="https://www.benzinga.com/news/24/10/41111077/t-mobile-commits-to-major-cybersecurity-investment-following-fcc-settlement" target="_blank" rel="noreferrer noopener">improve its cybersecurity infrastructure</a>.
Following a warning from&nbsp;Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google,&nbsp;Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has removed&nbsp;Juno, an unofficial YouTube&nbsp;app designed <a target="_blank" href="https://www.benzinga.com/news/24/10/41134764/apple-removes-unofficial-youtube-app-for-vision-pro-from-app-store-developer-disagrees-but-says-zero" rel="noreferrer noopener">for&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41134764/apple-removes-unofficial-youtube-app-for-vision-pro-from-app-store-developer-disagrees-but-says-zero" rel="noreferrer noopener">Vision Pro</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41134764/apple-removes-unofficial-youtube-app-for-vision-pro-from-app-store-developer-disagrees-but-says-zero" rel="noreferrer noopener">, from its&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41134764/apple-removes-unofficial-youtube-app-for-vision-pro-from-app-store-developer-disagrees-but-says-zero" rel="noreferrer noopener">App Store</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41153448/apple-analyst-signals-slower-start-to-the-ai-cycle-as-iphone-16-demand-softens" rel="noreferrer noopener">Apple Analyst Signals &#8216;Slower Start To The AI Cycle&#8217; As iPhone 16 Demand Softens</a>
The&nbsp;National Labor Relations Board&nbsp;has reportedly filed a complaint against&nbsp;Apple, alleging that the tech giant compelled its employees to sign illegal confidentiality, non-compete, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41136199/apple-accused-of-violating-federal-law-over-alleged-illegal-employee-agreements-nlrb-hearing-set" rel="noreferrer noopener">and non-disclosure agreements</a>.
A study conducted by&nbsp;Consumer Intelligence Research Partners or CIRP has&nbsp;once again revealed&nbsp;that&nbsp;Apple's iPhone&nbsp;users tend to retain their <a target="_blank" href="https://www.benzinga.com/news/24/10/41158721/better-quality-or-higher-loyalty-apples-iphone-users-retain-their-devices-longer-than-those-buying-g" rel="noreferrer noopener">smartphones longer than&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41158721/better-quality-or-higher-loyalty-apples-iphone-users-retain-their-devices-longer-than-those-buying-g" rel="noreferrer noopener">Android</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41158721/better-quality-or-higher-loyalty-apples-iphone-users-retain-their-devices-longer-than-those-buying-g" rel="noreferrer noopener">&nbsp;users</a>.
Related: <a target="_blank" href="https://www.benzinga.com/news/24/10/41146507/apples-iphone-16-series-leads-growth-but-high-end-model-preference-declines-analyst" rel="noreferrer noopener">Apple&#8217;s iPhone 16 Series Leads Growth, But High-End Model Preference Declines: Analyst</a>
Social Media, Entertainment &amp; Streaming Platform
Paramount Global&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) Paramount Game Studios&nbsp;and&nbsp;Saber Interactive&nbsp;are teaming up with&nbsp;Avatar Studios&nbsp;to create what they&#8217;re calling the <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41169797/paramount-announces-aaa-avatar-game-featuring-never-before-seen-avatar" rel="noreferrer noopener">&#8220;biggest video game in franchise history,</a>&#8220;
Pavel Durov's Telegram, the widely-used social media platform, has acknowledged its compliance with multiple U.S. <a target="_blank" href="https://www.benzinga.com/news/24/10/41157343/pavel-durovs-telegram-forked-over-data-to-us-law-enforcement-affected-users-108" rel="noreferrer noopener">law enforcement data requests this year</a>.
ByteDance, the parent company of&nbsp;TikTok, reportedly plans to develop a new AI model using <a target="_blank" href="https://www.benzinga.com/news/24/09/41085643/tiktok-parent-bytedance-to-reportedly-use-huawei-chips-to-train-ai-model" rel="noreferrer noopener">chips from&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/09/41085643/tiktok-parent-bytedance-to-reportedly-use-huawei-chips-to-train-ai-model" rel="noreferrer noopener">Huawei Technologies</a>.
YouTube has restricted access to songs by renowned artists such as&nbsp;Adele,&nbsp;Bob Dylan, and&nbsp;Green Day in the U.S. This move is a result of an ongoing legal dispute<a target="_blank" href="https://www.benzinga.com/news/24/09/41085603/youtube-blocks-us-access-to-adele-bob-dylan-songs-amid-rights-dispute-googles-video-platform-respond" rel="noreferrer noopener"> with the performing rights organization,&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/09/41085603/youtube-blocks-us-access-to-adele-bob-dylan-songs-amid-rights-dispute-googles-video-platform-respond" rel="noreferrer noopener">SESAC</a>.
Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) will start producing its&nbsp;Quest virtual reality headsets&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41113372/mark-zuckerberg-follows-tim-cooks-footsteps-meta-to-begin-quest-vr-headset-production-in-vietnam" rel="noreferrer noopener">in Vietnam starting in 2025</a>.
Meta Platforms has confirmed that it may use any image shared with Meta AI for training purposes, including those <a target="_blank" href="https://www.benzinga.com/news/24/10/41157628/mark-zuckerbergs-meta-can-use-ray-ban-images-you-click-to-train-ai-theres-no-opt-out-either" rel="noreferrer noopener">captured on&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41157628/mark-zuckerbergs-meta-can-use-ray-ban-images-you-click-to-train-ai-theres-no-opt-out-either" rel="noreferrer noopener">Ray-Ban Meta</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41157628/mark-zuckerbergs-meta-can-use-ray-ban-images-you-click-to-train-ai-theres-no-opt-out-either" rel="noreferrer noopener">&nbsp;smart glasses</a>.
Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41084112/mark-zuckerberg-says-orion-is-probably-going-to-be-the-next-major-platform-after-phones-metas-new-ar" rel="noreferrer noopener">Mark Zuckerberg Says, Orion &#8216;Is Probably Going To Be The Next Major Platform After Phones&#8217; — Meta&#8217;s New AR Wearables Real-Life Tony Stark Glasses In The Making?</a>
Short-selling firm The Bear Cave publishes a new report targeting Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) for the fourth time since 2022. The report focuses on serious allegations, including the production of child pornography,<a target="_blank" href="https://www.benzinga.com/news/24/10/41170031/short-seller-alleges-roblox-facilitated-widespread-child-abuse-potentially-played-a-role-in-mass-sho" rel="noreferrer noopener"> child kidnapping, and physical abuse</a>.
Technology
According to&nbsp;Microsoft Corp.'s (NASADAQ: MSFT)&nbsp;update&nbsp;released on Sep. 26, the latest Windows 11 update has been causing some devices to restart multiple times or become <a href="https://www.benzinga.com/news/24/10/41136348/another-blue-screen-day-microsofts-windows-11-reboot-might-cause-temporary-glitches-heres-how-to-fix" target="_blank" rel="noreferrer noopener">unresponsive with blue or green screens</a>.
Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has reportedly launched a new AI chatbot named "Cedric," designed to be safer than ChatGPT created <a target="_blank" href="https://www.benzinga.com/news/24/10/41136796/amazon-reportedly-urges-employees-to-use-in-house-ai-chatbot-safer-than-chatgpt" rel="noreferrer noopener">by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41136796/amazon-reportedly-urges-employees-to-use-in-house-ai-chatbot-safer-than-chatgpt" rel="noreferrer noopener">OpenAI&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41136796/amazon-reportedly-urges-employees-to-use-in-house-ai-chatbot-safer-than-chatgpt" rel="noreferrer noopener">for internal use</a>.
Amazon is reportedly set to increase the number of advertisements on its&nbsp;Prime Video platform&nbsp;starting next year. This initiative is part of the company's broader strategy to enhance its <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41162458/amazon-ceo-andy-jassy-said-prime-video-will-have-meaningfully-fewer-ads-than-rivals-2-month" rel="noreferrer noopener">ad-supported streaming services</a>.
Google DeepMind&nbsp;and BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) are collaborating to develop AI lab assistants aimed <a target="_blank" href="https://www.benzinga.com/general/biotech/24/10/41139262/google-deepmind-biontech-unveil-ai-lab-assistants-to-revolutionize-scientific-research" rel="noreferrer noopener">at enhancing scientific research</a>.
Gmail, the email service provided by Google, has introduced dynamic summary cards that will make it easier for users to track purchases, events, bills, and travel <a target="_blank" href="https://www.benzinga.com/news/24/10/41157583/gmail-introduces-dynamic-summary-cards-for-easier-tracking-of-purchases-events-and-more" rel="noreferrer noopener">details directly from their inboxes</a>.
Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41108345/apples-satellite-messaging-feature-emerges-as-lifeline-after-hurricane-helene-leaves-thousands-witho" rel="noreferrer noopener">Apple&#8217;s Satellite Messaging Feature Emerges As Lifeline After Hurricane Helene Leaves Thousands Without Cell Phone Service: Here&#8217;s How You Can Use It</a>
Jensen Huang, CEO of&nbsp;Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), said that the demand for the company's next-gen&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41156900/nvidia-ceo-jensen-huang-says-demand-for-next-gen-blackwell-gpu-platform-insane-everyone-wants-to-hav" rel="noreferrer noopener">Blackwell</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41156900/nvidia-ceo-jensen-huang-says-demand-for-next-gen-blackwell-gpu-platform-insane-everyone-wants-to-hav" rel="noreferrer noopener">&nbsp;GPU&nbsp;platform is "insane.</a>"
Nvidia expanded partnership with Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), establishing a new business group <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details" rel="noreferrer noopener">to scale enterprise AI adoption</a>.
Gaming
Sony Group Corporation&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation 5 dashboard introduced a new advertising system. This recent update saw game icons on the homepage replaced with promotional content and ads that cannot be disabled <a target="_blank" href="https://www.benzinga.com/general/gaming/24/09/41100852/ps5-users-blast-new-ads-on-dashboard-cant-be-disabled-without-internet-disconnect" rel="noreferrer noopener">without disconnecting from the internet</a>.
Epic Games, the developer behind the globally popular game Fortnite, has launched a new legal battle, this time accusing Samsung and&nbsp;Google&nbsp;accusing them of antitrust violations for <a target="_blank" href="https://www.benzinga.com/general/gaming/24/09/41098067/epic-games-files-new-antitrust-lawsuit-against-google-samsung-over-app-store-restrictions" rel="noreferrer noopener">limiting competition in the Google Play Store</a>.
Epic Games adds Time Limit Controls to Fortnite, letting parents manage their kids&#8217; playtime via in-game <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41126126/fortnite-just-made-parenting-easier-how-to-control-your-kids-playtime-with-latest-update" rel="noreferrer noopener">settings or the Epic Account Portal</a>.
Square Enix Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SQNXF#OTC">SQNXF</a>) plans to release Final Fantasy 16 on Xbox, with producer Naoki &#8220;Yoshi-P&#8221; Yoshida confirming<a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41127513/final-fantasy-16-on-xbox-square-enix-hints-at-a-possible-release" rel="noreferrer noopener"> the intention but no specific date</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41086901/mark-zuckerberg-on-why-he-wouldnt-want-his-kids-to-completely-rely-on-ai-theres-some-things-that-you" rel="noreferrer noopener">Mark Zuckerberg On Why He Wouldn&#8217;t Want His Kids To Completely Rely On AI: &#8216;There&#8217;s Some Things That You Need To Able To Do Yourself&#8217;</a>
Elon Musk
Elon Musk&nbsp;reacted sharply to comments made by&nbsp;Paul Graham&nbsp;regarding the renaming of Twitter to X. Graham, a co-founder of Y Combinator, expressed his views on the name change, suggesting it neither harmed <a target="_blank" href="https://www.benzinga.com/news/24/09/41087287/elon-musk-responds-after-y-combinators-paul-graham-says-twitter-name-change-was-a-waste-of-time-you" rel="noreferrer noopener">nor benefited the platform</a>.
Elon Musk&nbsp;announced that the bold font will be removed from&nbsp;X's main timeline. This decision follows what Musk described as "immediate and <a target="_blank" href="https://www.benzinga.com/news/24/10/41111038/elon-musk-gets-bold-font-removed-from-xs-main-timeline-because-of-excessive-use-my-eyes-are-bleeding" rel="noreferrer noopener">excessive use" of the feature</a>.
Tesla&nbsp;and&nbsp;SpaceX&nbsp;CEO&nbsp;Elon Musk&nbsp;has accused&nbsp;OpenAI&nbsp;of unfair funding practices after a report suggested that the&nbsp;AI startup&nbsp;has been discouraging investors from <a target="_blank" href="https://www.benzinga.com/news/24/10/41156902/elon-musk-says-openai-is-evil-after-chatgpt-parent-reportedly-asked-investors-not-to-invest-in-rival" rel="noreferrer noopener">backing rival startups, including&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41156902/elon-musk-says-openai-is-evil-after-chatgpt-parent-reportedly-asked-investors-not-to-invest-in-rival" rel="noreferrer noopener">xAI</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41086806/elon-musk-mocks-vinod-khosla-after-openai-investor-mixes-up-argentinas-poverty-and-unemployment-rate" rel="noreferrer noopener">Elon Musk Mocks Vinod Khosla After OpenAI Investor Mixes Up Argentina&#8217;s Poverty And Unemployment Rates To Draw Parallels Between Javier Milei And Trump: &#8216;Vinod Is Just Actually Not Smart&#8217;</a>
Artificial Intelligence (AI)
Cathie Wood's Ark Venture Fund agreed to invest a minimum of $250 million in&nbsp;OpenAI's&nbsp;latest funding round, making <a target="_blank" href="https://www.benzinga.com/24/10/41156606/cathie-wood-led-ark-venture-fund-agrees-to-invest-at-least-250m-in-openais-historic-funding-round-ch" rel="noreferrer noopener">it&nbsp;one of the largest in&nbsp;startup history</a>.
OpenAI‘s recent artificial intelligence-driven search engine, SearchGPT, is set to challenge&nbsp;Alphabet subsidiary&nbsp;Google‘s&nbsp;long-standing <a target="_blank" href="https://www.benzinga.com/news/24/09/41087674/openais-searchgpt-set-to-disrupt-googles-search-empire-as-former-engineer-sounds-alarm-on-deteriorat" rel="noreferrer noopener">dominance in the search market</a>.
OpenAI&nbsp;has secured more than $6.5 billion in new funding at a valuation of $157 billion as it looks to increase its lead <a target="_blank" href="https://www.benzinga.com/news/24/10/41149788/openai-valuation-soars-to-157b-in-latest-funding-round" rel="noreferrer noopener">in the&nbsp;artificial intelligence space</a>.
Character.ai&nbsp;is pivoting its strategy following the departure of its founders <a href="https://www.benzinga.com/news/24/10/41141844/after-googles-2-7b-acquisition-of-founders-and-staff-this-ai-startup-abandons-large-language-model-p" target="_blank" rel="noreferrer noopener">to&nbsp;</a><a href="https://www.benzinga.com/news/24/10/41141844/after-googles-2-7b-acquisition-of-founders-and-staff-this-ai-startup-abandons-large-language-model-p" target="_blank" rel="noreferrer noopener">Google </a><a href="https://www.benzinga.com/news/24/10/41141844/after-googles-2-7b-acquisition-of-founders-and-staff-this-ai-startup-abandons-large-language-model-p" target="_blank" rel="noreferrer noopener">in a $2.7 billion deal</a>.
Also Read: <a href="https://www.benzinga.com/news/24/10/41137657/spotify-ceo-daniel-ek-says-he-stays-away-from-sports-competition-with-facebook-co-founder-mark-zucke" target="_blank" rel="noreferrer noopener">Spotify CEO Daniel Ek Says He Stays Away From Sports Competition With Facebook Co-Founder Mark Zuckerberg: &#8216;I Know It&#8217;ll End Badly For Both Of Us&#8217;</a>

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OpenAI&#8216;s latest valuation of more than $150 billion, plus Nvidia Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) &#8220;watershed&#8221; partnership with Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), indicates that the &#8220;AI tidal wave&#8221; of spending is hitting its next growth stage, according to a research note from <a href="https://www.benzinga.com/topic/daniel-ives">Wedbush analyst Dan Ives</a>.
Nvidia and Accenture announced an <a href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details">expanded partnership</a> on Wednesday to help enterprises rapidly scale <a href="http://benzinga.com/topic/ai">AI</a> adoption.
&#8220;Accenture will be a key player on the AI Revolution and this is a smart strategic partnership in our view that is the tip of the iceberg on the broader AI Revolution and demand adoption into 2025 and beyond,&#8221; Ives said.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41151741/nvidias-ai-leadership-to-drive-1-trillion-market-growth-with-accenture-partnership-">Nvidia&#8217;s AI Leadership To Drive $1 Trillion Market Growth, With Accenture Partnership Accelerating Adoption, Analyst Says</a>
AI starts with Nvidia, but the transformation is taking place across the broader tech space, Ives said. 
For every $1 spent on an <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41149666/nvidias-blackwell-gpu-sets-new-ai-benchmark-with-over-100-system-configurations-ana">Nvidia GPU</a>, there is an $8 to $10 multiplier across the tech sector, he adds. This reinforces Wedbush&#8217;s bullish view for tech stocks over the next year, especially when coupled with the news out of OpenAI this week.
OpenAI announced Wednesday that it secured $6.6 billion in new funding at a valuation of $157 billion. Ives called it &#8220;eye popping.&#8221; 
The company plans to use the funding to accelerate AI research, increase compute capacity and continue building tools to solve complex problems. 
Check This Out: <a href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details">Accenture And NVIDIA Team Up To Supercharge Global AI Adoption: Details</a>
Ives called OpenAI a &#8220;key foundational linchpin&#8221; of the AI thesis given that the company&#8217;s ChatGPT product acted as the world&#8217;s &#8220;iPhone moment&#8221; in terms of generative AI. 
&#8220;Now we are seeing a $1 trillion of AI Capex over the next three years as OpenAI has been the linchpin to AI success and adoption we are seeing at Nvidia, Microsoft, Google, and across the tech world,&#8221; Ives said. 
Ives noted that there is essentially a fourth Industrial Revolution taking place across <a href="https://www.benzinga.com/topic/chip-stocks">semiconductors</a>, software, infrastructure, smartphones and internet. He anticipates a tidal wave of AI spending on the buildout over the next 12 to 18 months. 
&#8220;We also believe OpenAI now has a much more functional corporate structure which is a positive for the broader tech industry given how important Altman &amp; Co. have become to the AI Revolution,&#8221; Ives said.
OpenAI is restructuring its core business into a for-profit corporation that won&#8217;t be controlled by its non-profit board. The OpenAI non-profit will reportedly remain in place and take a minority stake in the for-profit company, per Reuters.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41156902/elon-musk-says-openai-is-evil-after-chatgpt-parent-reportedly-asked-investors-not-to-invest-in-rival">Elon Musk Says &#8216;OpenAI Is Evil&#8217; After ChatGPT-Parent Reportedly Asked Investors Not To Invest In Rivals, Including xAI: Ark&#8217;s Cathie Wood Says It&#8217;s &#8216;Not True&#8217;&nbsp;</a></li>
</ul>
Photo: Shutterstock

Analyst Color

OpenAI's Latest 'Eye-Popping' Valuation Ignites Analyst Expectations For 'Tidal Wave' Of AI Spending

Accenture's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) short percent of float has fallen 9.91% since its last report. The company recently reported that it has 6.26 million shares sold short, which is 1.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Accenture Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727964913_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Accenture has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Accenture's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Accenture's peer group average for short interest as a percentage of float is 3.83%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Accenture's Recent Short Interest

NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang and Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) CEO Julie Sweet revealed details of their transformative partnership, in an announcement to reshape the landscape of artificial intelligence in business. The collaboration aims to deploy AI agents across corporations, potentially ushering in a <a href="https://www.benzinga.com/news/24/10/41152629/what-happened-with-accenture-stock-today">new era of digital productivity</a>.
What Happened:  Huang, known for his visionary leadership in the tech industry, described Accenture as a &#8220;transformer&#8221; in connecting Nvidia&#8217;s cutting-edge AI technology with real-world business applications. Huang and Sweet <a href="https://www.cnbc.com/video/2024/10/02/nvidia-ceo-jensen-huang-were-looking-at-the-beginning-of-the-next-wave-of-ai.html">appeared</a> together on CNBC&#8217;s Closing Bell Overtime
This partnership comes at a crucial juncture in AI development, as companies worldwide seek to harness the power of generative AI to boost efficiency and innovation.
&#8220;We&#8217;re seeing the beginning of the next and largest wave of AI, which is about companies around the world using AI to become more productive,&#8221; Huang explained. He highlighted the concept of AI as &#8220;digital employees&#8221; or &#8220;co-pilots,&#8221; terms that are gaining traction in the corporate world to describe AI-powered assistants designed to augment human capabilities.
The Nvidia chief outlined two key operating systems at the heart of this AI revolution:
<ol>
<li>Nemo: A system for large language models, forming the backbone of their AI factory work.</li>
<li>Omniverse: A platform that represents digital information in the realm of space and time.</li>
</ol>
These technologies, while powerful, require a bridge to connect them with practical business outcomes. This is where Accenture&#8217;s expertise comes into play.
Sweet shed light on Accenture&#8217;s role in this partnership, revealing the development of a new platform called AI Refinery. This innovative tool is designed to help customers build AI agents, co-pilots, and tools that can access proprietary information, perform tasks, and drive productivity.
To illustrate the potential of this collaboration, Sweet provided a compelling example from Accenture&#8217;s own operations. &#8220;We have a million square feet of manufacturing space where we produce customized automation robotics,&#8221; she said. By leveraging Nvidia&#8217;s AI Foundry and Omniverse technologies, Accenture has managed to reduce the design time for these customized robotic automations by an impressive 50%.
See Also: <a href="https://www.benzinga.com/markets/equities/24/09/41097541/amazon-apple-tesla-brace-for-supply-chain-disruptions-as-potential-east-coast-dockworkers-strike?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Amazon, Apple, Tesla Brace For Supply Chain Disruptions As Potential East Coast Dockworkers Strike Nears</a>
Why It Matters: The collaboration between Nvidia and Accenture is poised to significantly impact the AI landscape. Recently, Accenture launched the <a href="https://www.benzinga.com/news/24/10/41152629/what-happened-with-accenture-stock-today">Accenture Nvidia Business Group</a>, training 30,000 professionals globally to help clients scale AI adoption. This initiative will integrate with other Accenture Business Groups to accelerate AI across the SaaS and Cloud AI ecosystem.
Nvidia AI leadership is expected to drive a $1 trillion market growth, as noted by Wedbush Securities&#8217; analyst Dan Ives. The collaboration aims to equip enterprises with the tools <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41151741/nvidias-ai-leadership-to-drive-1-trillion-market-growth-with-accenture-partnership-">needed to efficiently scale AI adoption</a>.
Additionally, Nvidia&#8217;s upcoming <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41149666/nvidias-blackwell-gpu-sets-new-ai-benchmark-with-over-100-system-configurations-ana">Blackwell GPU platform</a> is set to set new AI benchmarks, with over 100 system configurations. This development is expected to bolster Nvidia&#8217;s financials, as noted by JPMorgan analyst Harlan Sur.
Price Action: Nvidia stock closed at $118.85 on Wednesday, up 1.58% for the day. In after-hours trading, the stock increased further by 1.51%. Year to date, Nvidia has surged by an impressive 146.73%.
Meanwhile, Accenture ended the trading day at $356.29, up 1.22%. After hours, the stock rose an additional 2.30%. Year to date, Accenture has gained 2.70%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41134194/odds-of-tim-walz-winning-the-vp-debate-drop-on-polymarket-as-bettors-favor-jd-vance-harris?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Odds Of Tim Walz Winning The VP Debate Drop On Polymarket As Bettors Favor JD Vance — Harris Maintains Lead Over Trump</a></li>
</ul>
Courtesy of Accenture Plc
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Jensen Huang On Transformative Partnership With Accenture: AI As 'Digital Employees' Will Revolutionize Productivity

Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) shares moved higher Wednesday after the company announced it expanded its partnership with NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) to launch the <a href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details">Accenture NVIDIA Business Group. </a>
The Details: Accenture said the new Accenture Nvidia Business Group launched with 30,000 professionals receiving <a href="https://www.benzinga.com/pressreleases/24/10/b41138752/accenture-and-nvidia-lead-enterprises-into-era-of-ai">training globally</a> to help clients scale enterprise AI adoption with AI agents using Accenture&#8217;s AI Refinery developed on the NVIDIA AI stack.&nbsp;
The Accenture AI Refinery will be available on all public and private cloud platforms and will integrate with other Accenture Business Groups to accelerate AI across the SaaS and Cloud AI ecosystem.
Read Next: <a href="https://www.benzinga.com/news/24/10/41129365/what-happened-with-rivian-stock-today">What Happened With Rivian Stock Today?</a>
Wedbush tech analyst Dan Ives <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41151741/nvidias-ai-leadership-to-drive-1-trillion-market-growth-with-accenture-partnership-">cheered the new venture</a>, describing it as &#8220;the tip of the iceberg on the broader AI Revolution and demand adoption into 2025 and beyond.&#8221;
Ives also mentioned both companies <a href="https://x.com/DivesTech/status/1841495758047952990">in a post </a>on the social media platform X in which he described the partnership as the "AI Revolution taking hold."&nbsp;
Accenture shares are moving higher in Wednesday's extended trading after its CEO Julie Sweet and Nvidia CEO Jensen Huang appeared together on CNBC's Closing Bell Overtime program.&nbsp;
ACN Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Accenture shares are up 2.15% after-hours at $363.96 after climbing 1.20% in Wednesday's regular trading session.&nbsp;
Read Also:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41122476/whats-going-on-with-microstrategy-stock">What&#8217;s Going On With MicroStrategy Stock?</a></li>
</ul>
Photo: Courtesy of Accenture Plc

After-Hours Center

Movers

What Happened With Accenture Stock Today?

In the latest tech news that has investors buzzing, Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Accenture PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) have teamed up to forge a new era in AI <a href="https://www.benzinga.com/topic/artificial-intelligence">adoption within enterprises</a>. 
As they unveil their ambitious plans, Wedbush Securities' analyst Dan Ives has weighed in with insights that paint a promising picture for Nvidia&#8217;s stock.
Accenture's new Nvidia Business Group aims to equip 30,000 professionals globally, enabling companies to reinvent their processes and scale AI adoption efficiently. 
<h2 class="wp-block-heading">&#8216;Tip Of The Iceberg&#8217; In AI Revolution</h2>
"AI starts with the Godfather of AI Jensen and Nvidia," Ives said. He believes this partnership is just the beginning, calling it "the tip of the iceberg on the broader AI Revolution and demand adoption into 2025 and beyond."
The stakes are high, with Ives predicting massive financial ramifications. "For every $1 spent on an Nvidia GPU, there is a $8-$10 multiplier across the tech sector," he said, suggesting that Nvidia is not just a player in the AI space, but a dominant force poised for growth.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details">Accenture And NVIDIA Team Up To Supercharge Global AI Adoption: Details</a>
<h2 class="wp-block-heading">Nvidia&#8217;s GPU&#8217;s = &#8216;New Oil &amp; Gold&#8217; Of The Tech World</h2>
As enterprises ramp up their AI investments, Nvidia&#8217;s GPUs have become the "new oil and gold" in the tech world, a clear sign of its strategic importance.
But what does this mean for Nvidia's future? According to Ives, the upcoming months will be critical. He likens the current landscape to "the 1995 (almost 1996) start of the Internet Moment," distinguishing it from the tumultuous 1999 Tech Bubble.
<h2 class="wp-block-heading">$1T In AI Expenditure Coming Up</h2>
He forecasts that the coming $1 trillion in AI capital expenditures will significantly impact Nvidia&#8217;s position, despite growing competition from rivals like Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
As demand for AI solutions accelerates across the globe, with tech giants like Amazon, Google&#8216;s parent Alphabet Inc, and Microsoft reporting surges in enterprise AI needs, it's clear that Nvidia is at the forefront of this technological renaissance.
With Accenture leading the charge, the stage is set for Nvidia&#8217;s stock to potentially soar as the AI revolution unfolds.
In a world where technology is rapidly shaping our future, all eyes are on Nvidia, the dominant force in the AI sector. With innovations pushing boundaries and markets soaring, investors should brace themselves for a thrilling ride.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41139084/nvidia-expands-ai-offerings-with-new-open-source-models-and-unreal-engine-5-plugins">Nvidia Expands AI Offerings with New Open-Source Models and Unreal Engine 5 Plugins</a></li>
</ul>
Photo: Shutterstock

Analyst Ratings

Nvidia's AI Leadership To Drive $1 Trillion Market Growth, With Accenture Partnership Accelerating Adoption, Analyst Says

Whales with a lot of money to spend have taken a noticeably bearish stance on Accenture.
Looking at options history for Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $260,055 and 3, calls, for a total amount of $120,743.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $320.0 and $380.0 for Accenture, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Accenture's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Accenture's significant trades, within a strike price range of $320.0 to $380.0, over the past month.
<h3>Accenture Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727901133_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ACN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$35.7</td>
<td>$33.8</td>
<td>$35.7</td>
<td>$370.00</td>
<td>$89.2K</td>
<td>62</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>ACN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$15.7</td>
<td>$15.6</td>
<td>$15.6</td>
<td>$360.00</td>
<td>$56.1K</td>
<td>1.0K</td>
<td style="text-align: right;">49</td>
</tr>
<tr>
<td>ACN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.5</td>
<td>$1.45</td>
<td>$1.5</td>
<td>$325.00</td>
<td>$47.2K</td>
<td>252</td>
<td style="text-align: right;">331</td>
</tr>
<tr>
<td>ACN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$27.7</td>
<td>$26.8</td>
<td>$27.7</td>
<td>$370.00</td>
<td>$38.7K</td>
<td>57</td>
<td style="text-align: right;">18</td>
</tr>
<tr>
<td>ACN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$35.6</td>
<td>$33.2</td>
<td>$35.6</td>
<td>$370.00</td>
<td>$35.6K</td>
<td>62</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About Accenture</h3>
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
After a thorough review of the options trading surrounding Accenture, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Accenture</h3>
<ul>
<li>With a volume of 2,228,852, the price of ACN is up 1.22% at $356.29. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 78 days.</li>
</ul>
<h3>Expert Opinions on Accenture</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $376.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Accenture, which currently sits at a price target of $388. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Accenture with a target price of $376. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Accenture, targeting a price of $329. 
&#x2A; Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Accenture with a target price of $390. 
&#x2A; Showing optimism, an analyst from TD Cowen upgrades its rating to Buy with a revised price target of $400. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Accenture with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Spotlight on Accenture: Analyzing the Surge in Options Activity

Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) shares are trading higher on Wednesday. The company inked an expanded partnership with NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which included the establishment of a new NVIDIA Business Group by Accenture to assist global enterprises in <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41138752/accenture-and-nvidia-lead-enterprises-into-era-of-ai" rel="noreferrer noopener">rapidly scaling their AI adoption</a>.
Accenture NVIDIA Business Group will train 30,000 professionals worldwide to assist clients in reinventing processes and scaling enterprise AI adoption using AI agents.
The Accenture AI Refinery platform will help companies accelerate their custom AI journeys by leveraging the complete NVIDIA AI stack.
A network of Accenture AI Refinery Engineering Hubs will open in Europe, Asia, and North America, supporting 57,000 Accenture AI practitioners in large-scale operations, agentic architecture, and foundation model development with NVIDIA AI.
Accenture&#8217;s marketing is leveraging the AI Refinery platform with autonomous agents to streamline campaigns, reducing manual steps by 25-35%, cutting costs by 6%, and increasing speed to market by 25%-55%.
Accenture is launching a new NVIDIA NIM Agent Blueprint for virtual facility robot fleet simulation, integrating NVIDIA Omniverse, Isaac, and Metropolis software to help industrial companies build autonomous, robot-operated factories.
Julie Sweet, Chair and CEO, Accenture, said, &#8220;Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise to help drive continuous change and create value.&#8221;
Jensen Huang, founder and CEO, NVIDIA added, &#8220;NVIDIA&#8217;s platform, Accenture&#8217;s AI Refinery and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.&#8221;
Investors can gain exposure to the stock via&nbsp;Trust For Professional Managers Jensen Quality Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JGRW#NYSE">JGRW</a>) and&nbsp;IShares U.S. Tech Independence Focused ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IETC#BATS">IETC</a>).
Price Action: ACN shares are up 0.82% at $354.88 at the last check Wednesday.
Photo via <a href="https://commons.wikimedia.org/wiki/File:Accenture_Argentina.jpg">Wikimedia Commons</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41069877/accenture-is-a-key-beneficiary-of-genai-analysts-raise-forecasts-after-q4-results" target="_blank" rel="noreferrer noopener">Accenture Is A &#8216;Key Beneficiary Of&#8217; GenAI: Analysts Raise Forecasts After Q4 Results</a></li>
</ul>

Large Cap

Contracts

IETC

Trust for Professional Managers Jensen Quality Growth ETF

JGRW

Accenture And NVIDIA Team Up To Supercharge Global AI Adoption: Details

Accenture And NVIDIA Launch New Business Group To Scale AI Adoption With 30,000 Trained Professionals And Global AI Refinery Hubs In Europe, Asia, And North America

Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) has outperformed the market over the past 10 years by 4.74% on an annualized basis producing an average annual return of 16.11%. Currently, Accenture has a market capitalization of $221.28 billion. 
Buying $100 In ACN: If an investor had bought $100 of ACN stock 10 years ago, it would be worth $434.76 today based on a price of $353.48 for ACN at the time of writing.
<h3>Accenture's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727802032_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Accenture Stock In The Last 10 Years

Barclays analyst Ramsey El-Assal maintains Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) with a Overweight and raises the price target from $350 to $415.

Price Target

Barclays Maintains Overweight on Accenture, Raises Price Target to $415

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>TD Cowen analyst Bryan Bergin upgraded the rating for Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from Hold to Buy and raised the price target from $321 to $400. Accenture shares fell 1.7% to close at $349.70 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Doug Leggate upgraded Hess Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HES#NYSE">HES</a>) from Peer Perform to Outperform and announced a $150 price target. Hess shares gained 2.3% to close at $133.61 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Betsy Graseck upgraded the rating for U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) from Equal-Weight to Overweight and raised the price target from $54 to $57. U.S. Bancorp shares gained 0.4% to close at $45.48 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) from Underperform to Market Perform. Frontier Group shares fell 0.2% to close at $4.84 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst Stephen Scouten upgraded the rating for Amerant Bancorp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NYSE">AMTB</a>) from Neutral to Overweight and increased the price target from $26 to $26.5. Amerant Bancorp shares gained 0.2% to close at $20.51 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ACN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="529" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30092813/image-234-1024x529.png" alt="" class="wp-image-572454" style="width:606px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30092813/image-234-1024x529.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30092813/image-234-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30092813/image-234-768x397.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30092813/image-234.png 1282w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Photo: Shutterstock

Upgrades

AMTB

ULCC

This Accenture Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/09/27/final-trades-meta-accenture-abbvie-and-disney.html">Halftime Report Final Trades</a>,&#8221; Kevin Simpson of Capital Wealth Planning said Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is <a href="https://www.benzinga.com/quote/META/analyst-ratings">hitting on all cylinders</a>.
On Sept. 26, Rosenblatt analyst Barton Crockett maintained Meta Platforms with a Buy and raised the price target from $643 to $811.
Brenda Vingiello of Sand Hill Global Advisors named Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) as her final trade.
On Sept. 26, Accenture reported fourth-quarter fiscal 2024 sales of $16.41 billion compared with the analyst consensus estimate of $16.39 billion, up 3% Y/Y in U.S. dollars and 5% in local currency. Revenues were above the midpoint of the company's guided range of $16.05 billion–$16.65 billion. The adjusted EPS of $2.79 topped the analyst consensus estimate of $2.77.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Jason Snipe of Odyssey Capital Advisors said AbbVie Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) has a great pipeline.
On Sept. 26, AbbVie released topline results from its pivotal Phase 3 TEMPO-1 trial for tavapadon as a monotherapy in early Parkinson's disease.
Joseph M. Terranova of Virtus Investment Partners picked Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), saying streaming profitability is going to be a lot higher than expected for the next year.
Walt Disney let go of at least 300 employees across multiple corporate departments. "We continually evaluate ways to invest in our businesses and more effectively manage our resources and costs to fuel the state-of-the-art creativity and innovation that consumers value and expect from Disney," Variety cites a company representative. The layoffs affected human resources, legal, finance and other <a href="https://www.benzinga.com/news/24/09/41045649/disney-trims-workforce-by-300-targets-corporate-departments-for-cost-management">departments in the U.S</a>.
Price Action:
<ul>
<li>Meta shares fell 0.1% to close at $567.36 during Friday's session.</li>
<li>Accenture shares fell 1.7% to settle at $349.70 on Friday.</li>
<li>AbbVie shares gained 1.5% to close at $194.79 during Friday's session.</li>
<li>Disney shares gained 0.9% to close at $96.01 on Friday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/41075978/top-4-materials-stocks-that-may-implode-in-q3">Top 4 Materials Stocks That May Implode In Q3</a></li>
</ul>
Image: Shutterstock

ABBV

Meta, Accenture, Disney And A Major Health Care Stock On CNBC's 'Final Trades'

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham raised the price target for Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) from $33 to $36. Needham analyst Ryan MacDonald maintained a Buy rating. Zeta Global shares fell 0.8% to close at $29.51 on Friday. <a href="https://www.benzinga.com/quote/zeta/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Cowen increased the price target for Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from $321 to $400. TD Cowen analyst Bryan Bergin upgraded the stock from Hold to Buy. Accenture shares fell 1.7% to close at $349.70 on Friday. <a href="https://www.benzinga.com/quote/acn/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham raised CarMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) price target from $87 to $90. Needham analyst Chris Pierce maintained a Buy rating. CarMax shares fell 1.1% to close at $77.32 on Friday. <a href="https://www.benzinga.com/quote/kmx/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley boosted Cadence Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CADE#NYSE">CADE</a>) price target from $36 to $39. Morgan Stanley analyst Manan Gosalia upgraded the stock from Equal-Weight to Overweight. Cadence Bank shares fell 1.1% to close at $31.28 on Friday. <a href="https://www.benzinga.com/quote/cade/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein raised Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) price target from $201 to $202. Bernstein analyst Mark Moerdler maintained an Outperform rating. Oracle shares gained 0.4% to close at $168.74 on Friday. <a href="https://www.benzinga.com/quote/orcl/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised the price target for U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) from $54 to $57. Morgan Stanley analyst Betsy Graseck upgraded the stock from Equal-Weight to Overweight. U.S. Bancorp gained 0.4% to close at $45.48 on Friday. <a href="https://www.benzinga.com/quote/usb/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) price target from $82 to $90. Baird analyst Peter Benedict maintained an Outperform rating. Walmart shares fell 0.2% to close at $79.78 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc raised the price target for Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) from $265 to $279. Keybanc analyst Sangita Jain maintained an Overweight rating. Constellation Energy shares gained 0.1% to close at $257.00 on Friday. <a href="https://www.benzinga.com/quote/ceg/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank boosted Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $24 to $27. Deutsche Bank analyst Brian Bedell maintained a Buy rating. Robinhood shares gained 6.5% to close at $23.89 on Friday. <a href="https://www.benzinga.com/quote/hood/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) price target from $56 to $75. Baird analyst Vikram Kesavabhotla maintained a Neutral rating. Roku shares gained 1% to close at $74.41 on Friday. <a href="https://www.benzinga.com/quote/roku/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying HOOD stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="463" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30072209/image-233-1024x463.png" alt="" class="wp-image-572152" style="width:613px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30072209/image-233-1024x463.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30072209/image-233-300x136.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30072209/image-233-768x347.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/30072209/image-233.png 1393w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Pre-Market Outlook

CADE

HOOD

ORCL

ROKU

ZETA

Robinhood To Rally Over 13%? Here Are 10 Top Analyst Forecasts For Monday

TD Cowen analyst Bryan Bergin upgrades Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from Hold to Buy and raises the price target from $321 to $400.

TD Cowen Upgrades Accenture to Buy, Raises Price Target to $400

Accenture Pops With Earnings Buy Signal (Technical Analysis)

The technology industry is well-positioned for significant growth thanks to the growing demand for tech-driven solutions. Amid this backdrop, it could be wise to buy tech stocks, such as Accenture (ACN), Jabil (JBL), and Progress Software (PRGS), which are set for big moves after earnings. Continue reading… The increasing availability of the internet worldwide has enabled the creation of new digital markets, products, and services. More people are connected than ever before, allowing businesses to reach larger global audiences.
Thus, investors could consider adding fundamentally sound tech stocks Accenture plc (<a href="https://stocknews.com/stock/ACN/">ACN</a>), Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL)</a>, and Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>), which are set for big moves after their earnings.
Companies are actively seeking automation solutions to boost productivity and streamline processes. This strategic focus on efficiency is a key driver behind the increased demand for IT services in automation.
Moreover, companies are concentrating increasingly on digital transformation projects, which call for IT services for security solutions, software deployment, and infrastructure upgrades. For instance, the software market is expected to grow at a <a href="https://www.statista.com/outlook/tmo/software/worldwide">5.3% CAGR</a> from 2024 to 2028, reaching $858.10 billion.
Considering these factors, let's take a look at the fundamentals of the three tech stock picks.
Accenture plc (<a href="https://stocknews.com/stock/ACN/">ACN</a>)
ACN is a professional services company that provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, intelligent automation, and application management services, as well as software engineering services, strategy and consulting services.
ACN's 1.21x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 95.5% higher than the 0.62x industry average. Furthermore, the stock's 15.46% trailing-12-month EBIT margin is 215.3% higher than the 4.90% industry average.
ACN's revenues for the fiscal fourth quarter that ended August 31, 2024, increased 2.6% from the year-ago value to $16.41 billion. Its non-GAAP net income stood at $7.75 million, up 2.2% over the prior-year quarter. Also, its non-GAAP earnings per share grew 2.4% year-over-year to $11.95.
Analysts expect ACN's revenue for the quarter ending November 30, 2024, to increase 6.3% year-over-year to $17.24 billion. Its EPS is expected to increase 4.6% year-over-year to $3.42 for the same quarter. The company surpassed Street EPS estimates in each of the trailing four quarters, which is impressive.
The stock has gained 5.3% over the past month, closing the last trading session at $362.24.
ACN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ACN has an A grade for Quality and a B for Sentiment and Stability. It is ranked #4 out of nine stocks in the A-rated <a href="https://stocknews.com/category/outsourcing-tech-services/">Outsourcing - Tech Services</a> industry.
Beyond what is stated above, we've also rated ACN for Growth, Momentum, and Value. Get all ACN ratings <a href="https://stocknews.com/stock/ACN/">here</a>.
Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL)</a>
JBL provides global manufacturing services across two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The company specializes in electronics design, production, product management, circuit design, firmware development, prototyping, and the design of plastic and metal enclosures with integrated electro-mechanical components like PCBA.
On October 3, 2024, JBL announced the successful acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management.
This acquisition will provide JBL with critical capabilities to help its customers manage the intense thermal requirements of their current and next-generation products while keeping sustainability and cost considerations at the forefront.
JBL's 1.57x trailing-12-month asset turnover ratio is 153.5% higher than the 0.62x industry average. Furthermore, the stock's 4.98% trailing-12-month EBIT margin is 1.5% higher than the 4.90% industry average.
JBL's net revenue for the second quarter ended August 31, 2024, stood at $6.96 billion. The company's gross profit stood at $633 million. Its non-GAAP core earnings stood at $270 million, and core earnings per share were reported at $2.30.
Street expects JBL's revenue to increase 6.3% year-over-year to $28.74 billion for the year ending August 2026. The company's EPS for the same quarter is expected to increase 15.7% year-over-year to $10.06. Also, JBL surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive.
The stock has gained 10.5% over the past three months to close the last trading session at $121.66.
JBL's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has a B grade for Growth, Value, Quality, and Momentum. JBL is ranked #15 out of 76 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
<a href="https://stocknews.com/stock/JBL/">Click here</a> to access the additional JBL ratings (Sentiment and Stability).
Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>)
PRGS develops, deploys, and manages business applications internationally. The company offers OpenEdge, Chef, Developer Tools, Kemp LoadMaster, Sitefinity, MOVEit, DataDirect, WhatsUp Gold, Flowmon, Corticon, MarkLogic, and Semaphore.
PRGS's 19.55% trailing-12-month EBIT margin is 298.8% higher than the 4.90% industry average. Furthermore, the stock's 86.28% trailing-12-month gross profit margin is 73.6% higher than the 49.71% industry average.
PRGS' revenue for the fiscal third quarter ended August 31, 2024, grew 2% year-over-year to $178.69 million. Its non-GAAP net income and non-GAAP EPS came in at $55.22 million and $1.26, representing increases of 13.3% and 4% year-over-year, respectively.
Street expects PRGS' EPS and revenue for the quarter ending November 2024 to increase 20.2% and 179% year-over-year to $1.23 and $209.36 million, respectively. It surpassed Street revenue and EPS estimates in each of the trailing four quarters.
The stock gained 13.9% over the past month, closing the last trading session at $66.29.
PRGS' POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value. PRGS is ranked #11 in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
In addition to the POWR Ratings highlighted above, one can access PRGS' ratings (Growth, Momentum, Stability, and Sentiment) <a href="https://stocknews.com/stock/PRGS/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ACN shares were trading at $357.31 per share on Monday afternoon, down $4.93 (-1.36%). Year-to-date, ACN has gained 3.04%, versus a 20.98% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/acn-jbl-prgs-3-tech-stocks-set-for-big-moves-after-earnings/>3 Tech Stocks Set for Big Moves After Earnings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Set for Big Moves After Earnings

ClearBridge Large Cap Growth Strategy Q3 2024 Commentary

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Accenture (ACN – Research Report), the Technology sector company, was revisited by a Wall Street analyst on October 14. Analyst David Koning from R...

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Press Releases

CloudBees Brings Thousands of Developers to Annual DevOps World as It Surpasses $150 Million in Revenue and Achieves Profitability

Accenture Federal Services Wins $90 Million Cybersecurity and Infrastructure Security Agency (CISA) Award

The Law Offices of Frank R. Cruz Announces Investigation of Accenture plc (ACN) on Behalf of Investors

Accenture Reports Fourth-Quarter and Full-Year Fiscal 2024 Results

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Mondelēz International Joins Forces with Accenture and Publicis Groupe to Advance AI-Powered Marketing Capabilities

Accenture and NVIDIA Lead Enterprises into Era of AI

New Accenture Research Finds that Companies with AI-Led Processes Outperform Peers

Accenture Acquires Joshua Tree Group to Enhance Distribution Center Performance for Retail and Consumer Goods Clients

Accenture Federal Services Launches 'Federal AI Solution Factory' with Google Public Sector

Accenture Life Trends 2025 Predicts New Dynamics of Trust Will Reshape Relationships Between People and Businesses

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Alpha Technology Group Limited - Ordinary Shares

Alpha Technology Group

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Cognizant Technology Solutions Corporation - Class A Common Stock

Cognizant Tech Solns

Endava plc American Depositary Shares (each representing one Class A Ordinary Share)

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