Accenture Experiences Bullish Options Activity Amid Price Drop

Accenture sees bullish sentiment despite a 2.33% drop in stock price. The volume and open interest analysis indicates strong interest in options trading for ACN, hinting at potential price movements and market confidence.

Date: 10-01-2025

AI Rating: 6

Options Trading Activity
Accenture's options history reveals 10 unusual trades, with 70% being bullish, highlighting confidence among traders. There were 5 put options with a total value of $1,208,500 and 5 call options valued at $387,240, suggesting a mixed sentiment yet leaning towards optimism.
Price Targets and Expert Ratings
The analysis indicates projected price targets for Accenture between $290.0 and $380.0. Additionally, five analysts converged on a consensus target price of $425.4, with some recommending even higher targets, showcasing overall positive market sentiment.
Current Market Performance
Currently, Accenture's stock price is down by -2.33% at $349.39, but the RSI indicates a neutral condition, suggesting that the price drop may not severely impact investor sentiment. The upcoming earnings report scheduled in 69 days could further influence market performance.
Overall, the bullish options activity paired with the analyst target prices points to a potentially favorable outlook for Accenture, despite the current negative stock price movement.

Stocks: ACN