BayCurrent Inc strengthens upward momentum, spurred by Accenture's surge
BayCurrent, Inc. <6532> has built upward momentum. The major comprehensive consulting firm outlined a plan for the fiscal year ending February 2027 targeting a 28% year-on-year increase in revenue and a 27% rise in net profit, pointing to strong growth in both top and bottom lines and extending its record earnings streak.
Accenture plc reported fourth-quarter (June-August 2026) earnings on Oct. 1, with both revenue and earnings per share beating market expectations. Strong new orders were also well received, sending its shares up nearly 16%.
For BayCurrent, which had been weighed down by lingering concerns over AI substitution in consulting, Accenture's post-earnings surge served as a catalyst. The stock broke above its 25-day moving average and briefly reclaimed the 8,000 yen level.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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