The law firm Kirby McInerney LLP is investigating Accenture for possible violations of federal securities laws. The investigation follows a Morgan Stanley downgrade on June 16, 2026, and Accenture's own guidance cut on June 18, 2026, when it lowered its fiscal 2026 revenue growth forecast to 3-4% from a prior 3-5% range. Third quarter revenue of $18.7 billion also missed analyst expectations of $18.78 billion, causing Accenture shares to drop approximately 18% from $156.01 to $127.98. No lawsuit has been filed yet, and the firm is encouraging investors to contact them for more information.
Accenture plcAccenture lowered its fiscal 2026 revenue growth forecast and missed Q3 revenue expectations, causing an 18% share drop.