The shares of Accenture plunged nearly 20% on June 18, extending a year-long decline of about 50%. The drop followed fiscal third-quarter results which showed revenues of $18.7 billion — up $1 billion year-over-year but below expectations and a 2% decline in new bookings compared to the same quarter last year.

Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even as they invest in artificial…

Accenture stock dropped 19% after the consulting giant cut its FY2026 revenue growth guidance to 3%-4%, citing US federal business slowdowns and contract

Accenture reports $18.7 billion Q3 revenue, lowers FY26 growth forecast, and sees shares drop by 10 per cent premarket.