We recently published a list of the Analysts Are Bullish On These 10 Stocks For 2025, Here’s Why. In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against the other stocks that analysts are bullish for 2025.
US stocks registered a great start to the week with the S&P 500 index registering a gain of 100 points to close at +1.76%. The Nasdaq index, which had taken a beating recently, also registered a 2.2% gain. The renewed optimism comes as analysts price in rather moderate tariffs, much more lenient than originally thought.
Wall Street analysts continuously evaluate stocks based on recent earnings, market outlook, and economic trends. When they find a stock with a potential upside, they adjust their rating accordingly. 2025 has started off with extreme volatility but analyst upgrades continue to provide investors with a reliable source to pick up their next stock for the year.
We decided to look at what stocks the analysts are looking at and why they are bullish on these stocks. We then looked at the catalysts that could trigger this upside and came up with this list. For this top 10 list, we only considered stocks with a market cap of at least $5 billion.
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Accenture plc (NYSE:ACN)
Accenture plc (NYSE:ACN) is an industry X, technology & operation, song, and strategy and consulting services provider. The company offers security, infrastructure, data and AI, integration & application management, intelligent platform, software engineering, and automation services.
Accenture plc (NYSE:ACN) was upgraded by the Baird Equity Research firm from Neutral to Outperform with a target price of $390. Analysts noted that the company’s stock suffered in recent years due to weak IT demand and fears of Government budget constraints. Despite this, they anticipate a beat in Accenture‘s Q2 2025 earnings and strong Managed Services demand.
Accenture (NYSE:ACN) released its Q2 FY 2025 earnings recently and reported 8.5% revenue growth in Euro currency. In terms of USD, the revenue growth stood at 5%. This growth was mainly powered by 11% growth in the Americas segment. Gross margins were slightly down from the last year.
The projected revenue lies between $16.9 billion to $17.5 billion for Q3 FY 2025 considering approximately -0.5% currency exchange rate effect. As per the guidance, Accenture (NYSE:ACN) is planning to invest up to $3 billion this fiscal year in acquisitions, focusing on key growth areas. The expected revenue growth for FY 2025 is 5% to 7% in local currency.
Overall, ACN ranks 8th on our list of stocks that analysts are bullish for 2025. While we acknowledge the potential of ACN as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as ACN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
