Software #accenture#it recovery
Accenture Outlook Cut Sparks Fresh Fears Over IT Recovery, Broking Firms Warn of Prolonged Weak Demand
Accenture cut the upper end of its FY26 revenue growth guidance by 100 basis points to 3-4%, sending shares down 18%. The downgrade has renewed concerns over global IT spending recovery, with brokerages Ambit and CLSA warning of prolonged weak demand for Indian IT companies, possibly extending into FY27. CLSA noted the guidance cut reflects macroeconomic challenges rather than AI disruption.
Jun 20, 2026 1 source