ACN → $85.00 by Sep 14, 2026.

Over the last 2 years, Accenture moved into legacy IT vendor. AI erodes premium-rate X hours-billed across coding, marketing, testing, design and even consulting Organic growth flat, over-bloated headcount (800k), huge payroll, bolt-on acquisition, non-visionary management IT service providers and legacy staffing peers (like Cognizant, Wipro, or Infosys) carry forward multiples sitting in the single digits to low teens. ACN still commands a premium over the group. A return to the industry median EV/EBITDA of \~6x–7x for commoditized delivery model …