Analyst Price Target News: Accenture, CarMax, Kroger – June 23rd, 2025

By: Matthew Otto

Accenture Lifts Full-Year Outlook Despite Second Straight Booking Decline in Q3 FY25

Accenture reported third-quarter fiscal 2025 revenue of $17.7 billion, exceeding the consensus estimate of $17.27 billion. Diluted earnings per share came in at $3.49, $0.18 higher than the analyst estimate of $3.31. Operating margin expanded to 16.8%, up 80 basis points from the prior year. Free cash flow totaled $3.5 billion for the quarter.

According to company data, generative AI-related bookings contributed $1.5 billion, though total new bookings declined 6% to $19.7 billion—below the Visible Alpha estimate of $21.54 billion. The number of clients with bookings over $100 million fell slightly to 30, compared to 32 in the previous quarter.

Accenture now projects full-year revenue growth of 6% to 7% in local currency, with a positive 0.2% foreign exchange impact. The expected operating margin was revised to 15.6%, an increase of 10 basis points over the prior outlook. Full-year diluted earnings per share are now forecast in the range of $12.77 to $12.89, and free cash flow guidance was raised to between $9.0 billion and $9.7 billion.

Analysts Trim Price Targets Following Results and Adjustments

BMO Capital analyst Keith Bachman maintained a Market Perform rating but lowered the price target from $355 to $325.
Barclays analyst Ramsey El-Assal kept an Overweight rating but cut the price target from $390 to $360.
Guggenheim analyst Jonathan Lee lowered the price target to $335.

Which Analyst has the best track record to show on ACN?

Analyst Arvind Ramnani (PIPER SANDLER) currently has the highest performing score on ACN with 28/34 (82.35%) price target fulfillment ratio. His price targets carry an average of $69.76 (24.46%) potential upside. Accenture stock price reaches these price targets on average within 176 days.

CarMax Surpasses Q1 Expectations on Retail Performance and Operational Leverage

CarMax exceeded Wall Street expectations in the first quarter of fiscal 2026, posting diluted earnings per share of $1.38, a $0.19 above the analyst consensus of $1.19. Revenue came in at $7.55 billion, also topping the estimated $7.54 billion.

CarMax cited a 9% year-over-year increase in retail used vehicle sales and an 8.1% rise in comparable store sales as contributing factors. Gross profit improved 12.8% to $893.6 million, supported by higher volumes and record profitability, including a gross profit per used retail unit of $2,407. CarMax also bought 336,000 vehicles from consumers and dealers, up 7.2%, with a notable 38.4% increase in dealer-sourced inventory.

Selling, general and administrative (SG&A) expenses rose 3.3% to $659.6 million, but improved cost efficiency brought SG&A as a percentage of gross profit down by 680 basis points to 73.8%. CarMax Auto Finance (CAF) reported income of $141.7 million, down 3.6%, as higher loan loss provisions offset gains in net interest margin.

CarMax expanded its non-prime loan program and reclassified $637.9 million in loans as held for sale. It also repurchased 3.0 million shares for $199.8 million during the quarter and opened two new reconditioning and auction centers in Arizona and Texas.

Analysts Maintain Cautious Optimism Following Q1 Earnings Beat

Needham analyst Chris Pierce reaffirmed a Buy rating and a $92 price target.
Truist Securities analyst Scot Ciccarelli kept a Hold rating but raised the price target from $72 to $74.
Mizuho analyst David Bellinger reiterated a Neutral rating and a $80 price target.

Which Analyst has the best track record to show on KMX?

Analyst Daniel Imbro (STEPHENS) currently has the highest performing score on KMX with 2/4 (50%) price target fulfillment ratio. His price targets carry an average of $14.93 (19.89%) potential upside. CarMax stock price reaches these price targets on average within 4 days.

Kroger Raises Full-Year Sales Guidance Following Q1 Performance

The Kroger Co. reported first quarter fiscal 2025 earnings per share (EPS) of $1.49, exceeding the analyst estimate of $1.45 by $0.04. Adjusted EPS rose from $1.43 in the year-ago period, while reported EPS remained flat at $1.29.

Revenue for the quarter totaled $45.12 billion, below the consensus estimate of $45.28 billion. It is also down from $45.3 billion in the same quarter last year, which included $917 million from Kroger Specialty Pharmacy. Identical sales excluding fuel increased 3.2% year-over-year, led by gains in pharmacy, eCommerce (up 15%), and fresh categories.

Gross margin improved to 23% from 22%, supported by the sale of the specialty pharmacy unit, lower shrink, and reduced supply chain costs. Kroger recorded a $100 million impairment charge related to the planned closure of roughly 60 underperforming stores.

According to Kroger, full-year guidance was raised for identical sales excluding fuel to a range of 2.25% to 3.25%, up from a previous 2% to 3% range. Full-year adjusted EPS guidance was reaffirmed at $4.6 to $4.8, which brackets the consensus estimate of $4.76. Adjusted FIFO operating profit is expected to be between $4.7 billion and $4.9 billion.

Analysts Raise Price Targets Following Q1 Earnings and Sales Outlook

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating and raised the price target from $73 to $82.
Deutsche Bank analyst Paul Trussell maintained a Hold rating while lifting the price target from $57 to $67.
Citi analyst Paul Lejuez kept a Neutral rating and raised his price target from $65 to $74.
Morgan Stanley analyst Simeon Gutman raised the price target from $71 to $76.

Which Analyst has the best track record to show on KR?

Analyst Simeon Gutman (MORGAN STANLEY) currently has the highest performing score on KR with 22/22 (100%) price target fulfillment ratio. His price targets carry an average of $2.04 (2.96%) potential upside. The Kroger Co. stock price reaches these price targets on average within 147 days.