IT Services

Accenture stock drops even after Wells Fargo upgrade as investors stay cautious on IT services

Accenture stock drops even after Wells Fargo upgrade as investors stay cautious on IT services

Accenture shares fell 1.6% to $220.61 by early afternoon Tuesday after a Wells Fargo upgrade failed to lift the stock. About 4.9 million shares traded as Accenture forecast Q2 revenue of $17.35 billion to $18.0 billion and kept its full-year growth outlook. Analyst upgrades from Wells Fargo and Zacks cited improved bookings and higher earnings estimates. The company reports fiscal Q2 results March 19.
February 17, 2026