Accenture Shares Drop 5% on Q3 Bookings Miss Despite Revenue Growth

Accenture reported strong third-quarter fiscal 2025 results, with revenue of $17.7 billion, beating analyst expectations by $380 million and a GAAP EPS of $3.49, surpassing forecasts. Despite solid earnings and revenue growth of about 8%, the company's total new bookings fell 6% short of estimates at $19.7 billion, which led to a nearly 4-5% drop in its stock price in premarket trading. Operating margin expanded to 16.8%, and the company declared a quarterly dividend of $1.48 per share, marking a 15% increase over the previous year. Accenture raised its full-year revenue growth guidance to 6-7% and increased its EPS forecast to a range of $12.77 to $12.89, signaling confidence despite the bookings shortfall. Analysts maintain an average price target around $355, implying a potential upside of roughly 16%, and consensus brokerage recommendations rate Accenture as an 'Outperform'. GuruFocus projects a GF Value of $358.47 for the stock in one year, reflecting an estimated 17% upside based on historical and projected business performance.