Valued at $197.9 billion by market cap, Dublin, Ireland-based Accenture plc (ACN) is a global leader in professional services. Accenture partners with top businesses, governments, and organizations worldwide to enhance their digital foundations, optimize operations, accelerate revenue growth, and improve public services.

Companies worth $10 billion or more are generally described as "large-cap stocks." ACN fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the tech sector.

Despite its strengths, Accenture has dropped 20.2% from its three-year high of $398.35 touched on Feb. 5. Moreover, ACN stock prices have plunged 8.8% over the past three months, significantly underperforming the Technology Select Sector SPDR Fund’s (XLK) 2.7% gains during the same time frame.

Accenture has underperformed the tech sector over the longer term as well. ACN stock prices have plummeted 9.7% on a YTD basis and gained 6.7% over the past 52 weeks, lagging behind XLK’s marginal 38 bps dip in 2025 and 7.2% returns over the past year.

To confirm the bearish trend, ACN stock has traded consistently below its 200-day moving average since early March and below its 50-day moving average since late February, but has observed some signs of reversal in recent weeks.

Accenture’s stock prices dropped 7.3% after the release of its mixed Q2 results on Mar. 20. The company reported a 5.4% year-over-year growth in revenues to $16.7 billion, exceeding the Street’s topline expectations by a small margin. Although the company’s earnings increased nearly 7% year-over-year to $2.82 per share, it missed the Street's expectations by a small margin. Meanwhile, the company’s new bookings during the quarter decreased 3% year-over-year to $20.9 billion, unsettling investor confidence. However, following the initial drop in prices, ACN stock remained green for the next four trading sessions.

Accenture has significantly underperformed its peer, International Business Machines Corporation’s (IBM) 17.7% surge on a YTD basis and 52.5% gains over the past year.

Nevertheless, analysts remain optimistic about the stock’s prospects. Among the 24 analysts covering the ACN stock, the consensus rating is a “Moderate Buy.” As of writing, Accenture’s mean price target of $359.39 suggests a 13.1% upside potential from current price levels.