BUSINESS

United States consultancy Accenture slides after $4.18bn cyber deal

PUBLISHED Jun 18, 2026, 10:09 AM ET

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Accenture shares dropped more than 11 percent in pre-market trading on Thursday, June 18, 2026, after the U.S.-listed consultancy announced a $4.18 billion push into industrial cybersecurity alongside a weaker revenue outlook. The company said it will acquire majority stakes and full ownership in Dragos, runZero and NetRise, which together generate $208 million in annual recurring revenue. Accenture cut its annual revenue growth forecast to 3–4 percent from 3–5 percent, citing clients’ reduced discretionary IT consulting spending amid economic uncertainty. It now expects fourth-quarter revenue of $17.75–$18.4 billion, below analyst estimates, and aims to close the deals by August or September, subject to approvals.

By Sarah Whitman | JQJO News

Timeline of Events

2024 Accenture cybersecurity revenue reaches $10bn
Early 2026 Clients trim discretionary IT spending
June 18, 2026 Accenture announces $4.18bn acquisitions
June 18, 2026 Revenue growth forecast revised lower
June 18, 2026 Pre-market share price falls 11%
June 18, 2026 Q4 revenue outlook misses consensus
August 2026 Planned closing of cybersecurity deals
September 2026 Final regulatory approvals anticipated

News Intelligence

Accenture's big cybersecurity push could affect your wallet. If you own Accenture shares, you've seen a dip. If you're a client, expect a focus on cybersecurity. Check your investments and IT budgets.