Dec 20, 2024
 in 
Hot Stocks 🔥

Accenture plc up 7.06% After Q1 Earnings Report | Nemo

Name of opportunity: 👀

Accenture plc

Successful earnings report 🎉

Accenture plc has seen a price surge over the past day, attracting investors after a positive Q1 earnings report. Analysts are currently calling this stock a ‘buy’. 

Accenture plc is classified as a growth stock, which means it reinvests its profits for business growth, despite offering a dividend yield of 1.42% to shareholders. This means that If you invested $1000, you might be paid $14.20 a year in dividends (based on the last 12 months).

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Accenture plc might increase from $372.16 to $384.71 in the next 12 months. If you invested $1000, you might profit $33.73.

Accenture plc’s Q1 earnings report for the fiscal year 2025 came out strong, which might be why the stock has shot up in price. Typically after a strong earnings report, a company's stock price tends to rise as investors are keen to buy in. For Accenture plc, this seems to be the case!

Accenture plc revenues were reported to be $17.7 billion, which is an increase of 9% in U.S. dollars compared to Q1 of the last fiscal year, and also an increase of 8% in local currency.  It’s been reported that the consulting company has surpassed estimates, which usually bodes well for the stock price.

The consultancy firm is also a fortune global 500 company - making it all the more promising for investors especially beginners who might be looking for a stable, large cap company to invest in.

Female lead consulting company 🙌

Accenture plc is a global professional services company that originated in the United States but is currently headquartered in Dublin, Ireland. The company specialises in information technology services and consulting services. 

Which neme?: 🔍

Female Leaders

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Han Tan

Han Tan is Chief Market Analyst at Nemo.money, bringing over a decade of experience in financial markets as both a seasoned journalist and analyst. Known for his sharp insights into stocks, currencies, and commodities, Han has become a familiar face to national audiences through appearances on Bloomberg TV Malaysia, BFM 89.9, and NTV7 — earning him a trusted reputation in financial media. Before joining Nemo, Han served as Market Analyst at Exinity Group from 2019, where his commentary on macroeconomic trends and market-moving news was regularly featured by global outlets including Reuters, Bloomberg, CNN, BBC, and AFP. Today, Han brings that same clarity and depth to Nemo’s community, delivering content-led ideas that empower first-time investors to confidently navigate global markets.