Analysts revise targets for 3 high-dividend tech stocks

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Reviewed by
Radhika SScanX News Team
Key Highlights

Analysts from TD Cowen, Mizuho, Keybanc, RBC Capital, Goldman Sachs, and UBS have issued revised ratings and price targets for Accenture Plc, Skyworks Solutions Inc, and HP Inc. The three technology stocks offer dividend yields between 4.76% and 5.05%. Recent corporate developments include AI service launches and a strategic partnership with OpenAI.

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Top Wall Street analysts have revised their ratings and price targets for three information technology stocks offering high dividend yields, providing new guidance for investors seeking income. Accenture Plc, Skyworks Solutions Inc, and HP Inc are the focus of recent analyst updates, with yields ranging from 4.76% to 5.05%. These adjustments reflect shifting perspectives on the companies' valuations and future performance amidst market turbulence.

Accenture Plc

Accenture Plc currently offers a dividend yield of 4.76%. TD Cowen analyst Bryan Bergin maintained a Hold rating but increased the price target from $150 to $151 on June 26, 2026. Bergin holds an accuracy rate of 53%. Conversely, Mizuho analyst Dan Dolev maintained an Outperform rating while slashing the price target from $280 to $226 on June 23, 2026. Dolev has an accuracy rate of 63%. On June 29, ServiceNow, in collaboration with Accenture, launched new AI-powered services designed to accelerate migration from legacy risk platforms to agentic AI.

Skyworks Solutions Inc

Skyworks Solutions Inc offers a dividend yield of 4.94%. Keybanc analyst John Vinh downgraded the stock from Overweight to Sector Weight on July 14, 2026. Vinh has an accuracy rate of 79%. RBC Capital analyst Srini Pajjuri maintained a Sector Perform rating and raised the price target from $72 to $80 on June 23, 2026. Pajjuri holds an accuracy rate of 87%. Skyworks Solutions announced it will host a conference call to discuss its third quarter fiscal results on July 28.

HP Inc

HP Inc provides a dividend yield of 5.05%. Goldman Sachs analyst Michael Ng maintained a Sell rating and boosted the price target from $16 to $19 on June 2, 2026. Ng has an accuracy rate of 77%. UBS analyst David Vogt maintained a Neutral rating and increased the price target from $20 to $26 on May 28, 2026. Vogt holds an accuracy rate of 75%. On June 28, HP announced a strategic partnership with OpenAI to deploy its Frontier platform across global operations.

Company Dividend Yield Analyst Rating Price Target Change Accuracy Rate
Accenture Plc 4.76% Bryan Bergin (TD Cowen) Hold $150 to $151 53%
Accenture Plc 4.76% Dan Dolev (Mizuho) Outperform $280 to $226 63%
Skyworks Solutions Inc 4.94% John Vinh (Keybanc) Sector Weight Downgrade 79%
Skyworks Solutions Inc 4.94% Srini Pajjuri (RBC Capital) Sector Perform $72 to $80 87%
HP Inc 5.05% Michael Ng (Goldman Sachs) Sell $16 to $19 77%
HP Inc 5.05% David Vogt (UBS) Neutral $20 to $26 75%
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Accenture's new AI-powered services with ServiceNow impact its revenue growth and competitive positioning in the consulting market?

What factors might drive the significant divergence in price targets between Mizuho and TD Cowen for Accenture?

Will Skyworks Solutions' upcoming earnings call reveal sufficient progress to reverse Keybanc's recent downgrade?

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Accenture posts $18.7 billion Q3 revenue, announces $9 billion acquisition plan

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Reviewed by
Naman SScanX News Team
Key Highlights

Accenture PLC delivered strong Q3 FY26 results with $18.7 billion in revenue and a 9% rise in EPS to $3.80, alongside a 17% operating margin. The firm announced a $9 billion investment plan for acquisitions, including Dragos, Run Zero, and Netrise, to bolster its OT cybersecurity capabilities. For FY26, Accenture projects 3-4% revenue growth in local currency and an operating margin of 15.8%.

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Accenture PLC reported strong financial results for the third quarter of fiscal 2026, achieving $18.7 billion in revenue, a 6% increase in US dollars and 3% in local currency. The company delivered broad-based growth across all geographic markets, industry groups, and types of work, while returning $2.2 billion to shareholders through repurchases and dividends. Despite a $100 million revenue impact from the Middle East conflict and delays in large managed services opportunities, the firm maintained a robust operating margin of 17% and grew diluted earnings per share by 9% to $3.80.

Financial Performance

The company demonstrated solid profitability and cash generation during the quarter. Operating income stood at $3.2 billion, reflecting a 20 basis point expansion in operating margin to 17% compared to the same period last year. Free cash flow was $3.6 billion, resulting from cash generated by operating activities of $3.8 billion, net of property and equipment additions of $186 million. Accenture repurchased or redeemed 6 million shares for $1.2 billion at an average price of $198.84 per share and paid a quarterly cash dividend of $1.63 per share, totaling $1 billion.

Metric Q3 FY26 Q3 FY25
Revenue $18.7 billion Not provided
Diluted EPS $3.80 $3.49
Operating Margin 17% 16.8%
Free Cash Flow $3.6 billion Not provided

Strategic Acquisitions and Growth

Accenture announced a significant capital deployment strategy, expecting to invest approximately $9 billion in acquisitions during fiscal 2026. This includes the acquisition of a majority stake in Dragos, a platform for operational technology cybersecurity, and the acquisition of all of Run Zero and Netrise. These moves are designed to create a first-of-its-kind OT security platform and expand the company's total addressable market in the cybersecurity sector. Additionally, the company is launching Accenture Edge, targeting the mid-market segment, which it estimates as a $240 billion addressable market.

Business Outlook

Looking ahead to the full fiscal year 2026, Accenture provided guidance reflecting continued growth and investment. The company expects revenue growth of 3% to 4% in local currency, with an adjusted operating margin of 15.8%. Management anticipates returning at least $9.5 billion to shareholders through dividends and share repurchases. For the fourth quarter, revenue is projected to be between $17.75 billion and $18.4 billion, assuming local currency growth of 1% to 5%.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the integration of Dragos, Run Zero, and Netrise impact Accenture's competitive positioning in the operational technology cybersecurity sector?

What specific risks does the $100 million revenue impact from the Middle East conflict pose to future geographic growth stability?

Can the launch of Accenture Edge effectively capture the estimated $240 billion mid-market opportunity given current economic headwinds?

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