Shares of International Business Machines Corp. (NYSE: IBM) experienced a decline in Thursday's trading session following a revision in fiscal guidance by competitor Accenture plc (NYSE: ACN). The adjustment in Accenture's fiscal 2026 projections was made public before the market opened, resulting in a widespread selloff in the information technology services sector. Accenture revised its full-year sales guidance to a new range of $71.763 billion to $72.460 billion, a decrease from the previous range of $71.763 billion to $73.157 billion. Wall Street analysts have maintained an annual revenue estimate of $74.006 billion. Additionally, Accenture revised its full-year adjusted EPS guidance to a range of $13.65 to $13.90.