Tech firm Accenture (ACN) saw its stock surge 15.8% intraday on Oct. 1 after the company reported solid fourth-quarter results for fiscal 2026. The company provided an upbeat FY2027 outlook, expecting revenue growth of 3% to 6% (in local currency), with the midpoint above the 3.9% average analyst estimate, according to LSEG data.
Accenture CEO Julie Sweet believes that artificial intelligence (AI) has been a growth driver for the company. AI is also considered a way to improve business outcomes. In this effort, Accenture partnered with Anthropic in September to independently assess its frontier AI models. The two companies also committed at least $1 billion each over five years to expand AI safety and testing capabilities.