On July 2, Accenture rose 3.17% in regular trading, trading at $135.17/share with turnover of $57.57 million, extending a technical recovery following its June 18 earnings-driven crash.

On the news front, Accenture and ServiceNow jointly launched an AI-powered enterprise risk platform migration solution on June 29, integrating capabilities in process automation and security to help enterprises accelerate transformation toward agentic AI architectures. The collaboration continues to support market sentiment.

Accenture had previously plunged approximately 18% in a single session after lowering its fiscal 2026 revenue growth guidance and reporting pressure from Middle East operations. The RSI dropped to 26, entering deep oversold territory. Multiple investment banks subsequently cut price targets, with BNP Paribas reducing to $130, Morgan Stanley to $130, and TD Cowen slashing to $150 with a downgrade to Hold. The company also raised its share repurchase authorization by $2 billion to $7.5 billion, providing additional support for the ongoing recovery momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)