5 Stocks That Tanked: Why Larry Robbins’ Top Picks Are Struggling in 2026

4. Accenture plc (NYSE:ACN)

YTD Decline in Share Price: 33%

Glenview Capital’s Stake: $51 million

Accenture plc (NYSE:ACN) is a new addition to the 13F portfolio of Glenview Capital. Filings for the fourth quarter of 2025 show that the fund owned just under 200,000 shares in the company. Accenture provides strategy and consulting, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers systems integration and application management, security, intelligent platform, infrastructure, software engineering, data, AI, cloud, and automation and global delivery services. The company also operates business processes for specific enterprise functions.

Accenture plc (NYSE:ACN) is a company that is the poster child of the billable hours routine. However, the advent of AI is threatening this model. Analysts have pointed out that if AI can automate 30–50% of routine coding, testing, and documentation work, the massive workforce of the firm might become a liability rather than an asset. The rise of autonomous AI agents in early 2026, systems that execute tasks rather than just assist humans, threatens to destroy the demand for large-scale offshore eams. Analysts fear the revenue per project for the firm will shrink even if their internal margins improve. To combat AI cannibalization, Accenture is shifting toward fixed-price, outcome-based contracts.

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