Accenture’s Impressive 8.3% Surge: Will It Fuel Continued Momentum?

Avatar photo

**Accenture (ACN) shares surged 8.3% on Thursday to $207.38**, marking an impressive recovery after a 29.2% decline over the past month. The jump was driven by a new strategic partnership with Mistral AI, reflecting a growing interest in software and consulting firms as the market shifts toward enterprise AI solutions.

In anticipation of its upcoming earnings report, Accenture is projected to post quarterly earnings of $2.87 per share, a 1.8% increase year-over-year, while revenues are expected to reach $17.74 billion, up 6.5% from the previous year. The earnings estimates have remained stable over the past month, contributing to a Zacks Rank of #2 (Buy) for the stock.

**Serve Robotics Inc. (SERV) shares increased by 1.1% to $10.47**, but the company has seen a -15.5% return over the past month. SERV’s consensus EPS estimate stands at -$0.49, representing a significant drop of 113% compared to last year’s figures, and the stock currently holds a Zacks Rank of #3 (Hold).

The free Daily Market Overview 250k traders and investors are reading

Read Now