Accenture PLC experienced huge unusual put and call options activity after its stock fell 5% today, adding to an 18% drop last Thursday following lower revenue guidance in its fiscal third-quarter earnings release. The company guided for lower revenue but higher earnings per share for fiscal 2026 ending August 31. Call option volume at the $130 strike expiring August 21, 2026 was over 115 times the prior outstanding contracts, while $120 strike put options for the same expiry had over 96 times prior outstanding contracts. Analysts maintain an average price target of $197.95 according to Yahoo Finance, implying a 63% upside from the current price of $121.22, and the stock's forward price-to-earnings ratio stands at just 9 times, well below its five-year average of about 24 times.
Accenture plcAccenture lowered revenue guidance in its fiscal Q3 earnings release, causing a 5% drop and an 18% decline last Thursday.
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