In the latest trading session, Intuit (INTU - Free Report) closed at $343.39, marking a -3.24% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.52%. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 0.21%.
The stock of maker of TurboTax, QuickBooks and other accounting software has risen by 28.06% in the past month, leading the Computer and Technology sector's loss of 7.7% and the S&P 500's loss of 1.21%.
Analysts and investors alike will be keeping a close eye on the performance of Intuit in its upcoming earnings disclosure. The company is expected to report EPS of $2.47, down 26.05% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $4.3 billion, up 10.81% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $23.5 per share and a revenue of $23.39 billion, demonstrating changes of -3.17% and +9.07%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Intuit. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.03% upward. Intuit is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, Intuit is currently trading at a Forward P/E ratio of 15.1. For comparison, its industry has an average Forward P/E of 17.66, which means Intuit is trading at a discount to the group.
Also, we should mention that INTU has a PEG ratio of 1.15. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.49.
The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 55, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.
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On October 22, 2026, Intuit Inc INTU shares rose 5.8% to a current price of $354.90, moving within a 52-week range of $252.84 to $689.17. This recent uptick follows a 22.0% increase over the past month, yet the stock remains down 45.7% year-to-date and 46.3% over the last year.
GF Value™ verdict: Current price is $354.90, which is 57.4% below the GF Value™ of $833.76. GF Score™: 79/100, indicating an above-average overall performance across key financial metrics. Notable signal: Insider activity shows significant net selling of $357.2 million over the past 12 months, with only $0.5 million in purchases. Is INTU Overvalued or Undervalued? According to the GF Value™, Intuit Inc INTU is currently significantly undervalued, with a fair value estimation of $833.76 compared to the market price of $354.90. This appraisal reflects a substantial margin of safety of 57.4%, presenting an attractive opportunity for potential investors. The GF Value™ is derived from several factors, including historical trading multiples, the company's past growth performance, and future performance estimates, effectively offering a comprehensive view of the stock's intrinsic worth.
Given the current valuation, while the stock shows potential upside, the significant insider selling indicates a cautious sentiment among current stakeholders, which could raise concerns regarding future performance. Therefore, while the undervaluation presents an opportunity, it is essential to consider the broader market context and insider sentiment when evaluating the stock.
How Does INTU's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 21.5x 58.5x Forward P/E 14.9x N/A Currently, Intuit's P/E ratio stands at 21.5x, which is 63% lower than its 5-year median of 58.5x. The forward P/E of 14.9x further emphasizes this undervaluation. This P/E analysis aligns with the GF Value™ verdict, reinforcing the perspective that INTU presents a compelling investment opportunity relative to its historical valuation metrics.
What Does INTU's GF Score™ Tell Us? The GF Score™ serves as a comprehensive measure of a company's financial strength, profitability, growth potential, valuation, and momentum. With a GF Score™ of 79/100, Intuit showcases strong fundamentals, particularly in its profitability and growth rankings, both of which rank at 10/10, reflecting exceptional performance in these areas. However, its valuation rank is notably weaker at 2/10, indicating that the stock may be trading at a less favorable valuation relative to its financial metrics.
Metric Rating GF Score™ 79 Financial Strength 8/10 Profitability 10/10 Growth 10/10 Valuation 2/10 Momentum 1/10 Overall, Intuit's strong profitability and growth scores highlight its robust operational capabilities, while the financial strength score indicates a solid foundation. However, the low valuation and momentum scores suggest that there may be challenges in market perception and price performance that need to be addressed.
What Are Gurus and Insiders Doing with INTU? Currently, 19 gurus hold shares of Intuit Inc INTU, with 17 increasing their positions and 5 trimming their holdings in recent quarters. This indicates a generally positive sentiment among institutional investors, which could be a positive signal for potential buyers.
However, the insider activity presents a more cautious perspective. Over the past 12 months, insiders have sold $357.7 million worth of shares while only purchasing $0.5 million, resulting in a net selling of $357.2 million. This pattern suggests that insiders may have reservations about the company's near-term prospects, which could warrant further scrutiny from potential investors.
What This Means for Investors In conclusion, Intuit Inc INTU is currently undervalued according to the GF Value™, presenting a potential opportunity for investors. Despite the attractive valuation, the notable insider selling and weak momentum signals caution. As such, while the stock's valuation appears compelling, it is essential for investors to consider the broader context and signals from both the market and insiders. For additional details, visit the Intuit Inc (INTU) stock page for more insights.
Frequently Asked Questions What is INTU's GF Score™?
INTU has a GF Score™ of 79/100, indicating above-average performance when assessed across various financial metrics.
Is INTU overvalued or undervalued?
INTU is currently undervalued with a GF Value™ of $833.76, representing a 57.4% margin of safety compared to its current price.
What is INTU's P/E ratio?
INTU's P/E (TTM) is 21.5x, which is significantly below its 5-year median of 58.5x, indicating that the stock is trading at a much lower valuation relative to its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
DUTCH ASSET Corp boosted its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 76.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,730 shares of the software maker’s stock after purchasing an additional 7,706 shares during the quarter. Intuit comprises approximately 2.3% of DUTCH ASSET Corp’s portfolio, making the stock its 11th biggest holding. DUTCH ASSET Corp’s holdings in Intuit were worth $4,888,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of INTU. XXEC Inc. bought a new position in shares of Intuit in the 2nd quarter worth $436,740,000. BlackRock Inc. purchased a new stake in shares of Intuit during the 2nd quarter valued at $6,851,859,000. Corient Private Wealth LP bought a new stake in shares of Intuit during the 2nd quarter worth $40,545,000. Bank of America Corp DE bought a new stake in shares of Intuit during the 2nd quarter worth $589,841,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Intuit during the 2nd quarter worth $564,592,000. 83.66% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades Several research analysts recently issued reports on INTU shares. Susquehanna cut their target price on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th. BMO Capital Markets restated an “outperform” rating on shares of Intuit in a research report on Monday, September 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a research report on Wednesday, August 19th. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a research note on Friday, September 18th. Finally, Barclays cut their price objective on Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Intuit currently has an average rating of “Hold” and an average price target of $431.55.
Get Our Latest Analysis on INTU Insider Activity In other news, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This trade represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.49% of the company’s stock.
Key Headlines Impacting Intuit Here are the key news stories impacting Intuit this week:
Positive Sentiment: Intuit launched Credit Karma Tax, offering free federal tax filing, faster refunds and AI-powered financial assistance. The service could increase engagement across Credit Karma and create additional opportunities to cross-sell financial products. Intuit Launches Credit Karma Tax Positive Sentiment: Investor attention also remains focused on Intuit’s planned acquisition of Sequence, an AI-native revenue-management platform. The deal is intended to automate complex billing workflows and strengthen Intuit’s mid-market enterprise-resource-planning offerings, supporting its broader AI growth strategy. Intuit to Acquire Sequence Positive Sentiment: Intuit expanded its partnership with accounting firm Aprio to accelerate AI-powered advisory and accounting services for mid-market businesses. Separately, Intuit’s global rollout of Intuit Intelligence is adding automation, reporting and workflow tools to QuickBooks and Accountant Suite, reinforcing the company’s effort to monetize AI across its installed base. Aprio Broadens Its AI-Powered Advisory Partnership with Intuit Neutral Sentiment: Credit Karma revenue grew 20% to $2.64 billion in fiscal 2026, but analysts noted that personal loans and credit cards still account for most of the segment’s business. Insurance and other offerings could diversify growth, although tighter lending standards remain a risk. Can Credit Karma Grow Beyond the Lending Cycle? Positive Sentiment: Wall Street’s consensus price target implies roughly 26% potential upside, while upward earnings-estimate revisions provide an additional near-term catalyst. Analysts caution that price targets alone are not reliable predictors. Wall Street Analysts Think Intuit Could Surge 26.36% Intuit Trading Up 3.0% INTU stock opened at $335.29 on Wednesday. The company has a market capitalization of $89.60 billion, a PE ratio of 20.32, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Intuit Inc. has a one year low of $252.84 and a one year high of $689.17. The company’s 50 day moving average price is $320.96 and its two-hundred day moving average price is $326.52. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.
Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the prior year, the company earned $2.75 EPS. The firm’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, analysts predict that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.
Intuit Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were paid a $1.38 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 8th. Intuit’s payout ratio is presently 33.45%.
Intuit Company Profile (Free Report)
Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.
The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.
Further Reading Five stocks we like better than Intuit Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling? Halliburton Gains Traction: Multiyear Upcycle Ahead Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
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Intuit (INTU - Free Report) ended the recent trading session at $335.29, demonstrating a +2.97% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.
Prior to today's trading, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 7.07% outpaced the Computer and Technology sector's loss of 2.28% and the S&P 500's gain of 0.67%.
The investment community will be paying close attention to the earnings performance of Intuit in its upcoming release. On that day, Intuit is projected to report earnings of $2.47 per share, which would represent a year-over-year decline of 26.05%. In the meantime, our current consensus estimate forecasts the revenue to be $4.3 billion, indicating a 10.81% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $23.5 per share and a revenue of $23.39 billion, demonstrating changes of -3.17% and +9.07%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Intuit. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.03% higher within the past month. Currently, Intuit is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, Intuit is currently being traded at a Forward P/E ratio of 13.86. Its industry sports an average Forward P/E of 16.54, so one might conclude that Intuit is trading at a discount comparatively.
One should further note that INTU currently holds a PEG ratio of 0.93. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computer - Software industry had an average PEG ratio of 1.37 as trading concluded yesterday.
The Computer - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 64, this industry ranks in the top 27% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.
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Investors interested in stocks from the Computer - Software sector have probably already heard of Intuit (INTU - Free Report) and Microsoft (MSFT - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, Intuit is sporting a Zacks Rank of #2 (Buy), while Microsoft has a Zacks Rank of #3 (Hold). This means that INTU's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
INTU currently has a forward P/E ratio of 13.86, while MSFT has a forward P/E of 27.15. We also note that INTU has a PEG ratio of 0.93. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. MSFT currently has a PEG ratio of 1.71.
Another notable valuation metric for INTU is its P/B ratio of 4.69. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, MSFT has a P/B of 8.96.
These are just a few of the metrics contributing to INTU's Value grade of B and MSFT's Value grade of D.
INTU sticks out from MSFT in both our Zacks Rank and Style Scores models, so value investors will likely feel that INTU is the better option right now.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--The launch of Credit Karma Tax brings together free Federal tax filing, faster refunds and financial confidence all in one place.
Intuit (INTU - Free Report) closed the last trading session at $325.62, gaining 7.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $411.45 indicates a 26.4% upside potential.
The average comprises 31 short-term price targets ranging from a low of $290.00 to a high of $900.00, with a standard deviation of $126.65. While the lowest estimate indicates a decline of 10.9% from the current price level, the most optimistic estimate points to a 176.4% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in INTU. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why INTU Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 0%, as one estimate has moved higher compared to no negative revision.
Moreover, INTU currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much INTU could gain, the direction of price movement it implies does appear to be a good guide.
Frank Rimerman Advisors LLC grew its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 94.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,451 shares of the software maker’s stock after buying an additional 2,158 shares during the period. Frank Rimerman Advisors LLC’s holdings in Intuit were worth $1,227,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Intuit in the 2nd quarter worth about $6,851,859,000. Arrowstreet Capital Limited Partnership raised its stake in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after acquiring an additional 1,972,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Intuit by 6.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock valued at $870,260,000 after acquiring an additional 215,814 shares during the period. Unisphere Establishment raised its stake in Intuit by 6.5% in the 1st quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock valued at $782,608,000 after acquiring an additional 110,000 shares during the period. Finally, Amundi raised its stake in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock valued at $675,878,000 after acquiring an additional 484,602 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Insider Activity In related news, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. The trade was a 35.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard L. Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth Several equities research analysts have commented on the stock. Evercore reaffirmed an “outperform” rating on shares of Intuit in a report on Friday, September 18th. Barclays reduced their target price on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Royal Bank Of Canada reissued an “outperform” rating and issued a $385.00 price target on shares of Intuit in a research report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Intuit in a research note on Monday, September 21st. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $431.55. Get Our Latest Research Report on Intuit
Key Stories Impacting Intuit Here are the key news stories impacting Intuit this week:
Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative. Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally. Intuit Price Performance Shares of NASDAQ:INTU opened at $325.15 on Monday. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $689.17. The firm has a fifty day moving average of $321.16 and a 200 day moving average of $327.91. The firm has a market capitalization of $86.89 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.
Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The business had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the prior year, the firm earned $2.75 earnings per share. The firm’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, research analysts anticipate that Intuit Inc. will post 23.02 EPS for the current fiscal year.
Intuit Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were given a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.7%. Intuit’s dividend payout ratio is currently 33.45%.
Intuit Profile (Free Report)
Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.
The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.
Further Reading Five stocks we like better than Intuit These 3 Green Stocks Have a Growth Story That Goes Far Beyond Washington Meta Claims Frontier-Class AI Status With New Muse Wonder Models Berkshire Just Backed This Little-Known Stock—Should You Chase It? Broadcom’s CEO Sees Years of AI Demand But Warns of a Bigger Threat to the Boom
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Key Takeaways Intuit's Sequence acquisition will strengthen its mid-market ERP and financial software offerings.Sequence automates pricing, billing, collections and revenue recognition for complex revenue models.The deal could boost cross-selling, accelerate AI innovation and expand Intuit's addressable market. Intuit Inc. (INTU - Free Report) has announced an agreement to acquire Sequence, an AI-native revenue management platform, to expand its capabilities in the mid-market enterprise resource planning (ERP) space. The acquisition is expected to strengthen Intuit Enterprise Suite and QuickBooks Online Advanced by integrating automated quote-to-revenue workflows, including pricing, billing, collections and revenue recognition. The move aligns with Intuit’s strategy to attract growing businesses seeking alternatives to traditional ERP solutions offered by Oracle (ORCL - Free Report) and SAP (SAP - Free Report) .
Sequence’s platform replaces manual billing processes and spreadsheets with AI-powered automation, supporting complex revenue models based on consumption, usage, seats and milestones. These capabilities could help Intuit expand into industries such as B2B software and professional services, where hybrid pricing structures are becoming increasingly common. By simplifying revenue management and reducing administrative workloads, Intuit could improve customer retention and attract businesses that might otherwise consider more established enterprise solutions from Oracle and SAP.
The acquisition also strengthens Intuit’s positioning in an increasingly competitive market for AI-enabled financial software. Oracle offers integrated subscription and revenue management capabilities through its cloud applications, while SAP provides subscription billing and revenue recognition solutions within its enterprise software ecosystem.
Intuit’s strategy of combining AI-native automation with its existing financial management platform could help differentiate its offerings among mid-market customers seeking simpler and more integrated solutions. Sequence’s AI engineering expertise could accelerate product innovation and support Intuit’s ambition to develop a comprehensive AI-native ERP platform.
The acquisition could create cross-selling opportunities across Intuit’s existing customer base while expanding its addressable market in more complex business segments. While competition from Oracle and SAP remains significant, the addition of Sequence could reinforce Intuit’s long-term growth prospects by broadening its mid-market capabilities and strengthening its AI-driven financial software ecosystem.
TD Waterhouse Canada Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 24.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,149 shares of the software maker’s stock after purchasing an additional 5,456 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Intuit were worth $7,957,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in shares of Intuit by 119.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after acquiring an additional 47,148 shares during the period. Beacon Pointe Advisors LLC bought a new stake in Intuit in the 2nd quarter valued at about $1,643,000. Brookstone Capital Management raised its stake in Intuit by 45.8% in the 1st quarter. Brookstone Capital Management now owns 32,135 shares of the software maker’s stock valued at $13,895,000 after acquiring an additional 10,089 shares during the period. J. Safra Sarasin Holding AG increased its stake in shares of Intuit by 831.4% in the first quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock worth $11,817,000 after purchasing an additional 24,402 shares in the last quarter. Finally, Lindsell Train Ltd lifted its stake in shares of Intuit by 20.2% during the 1st quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock valued at $317,237,000 after buying an additional 123,448 shares in the last quarter. 83.66% of the stock is owned by institutional investors.
Analysts Set New Price Targets Several equities analysts have recently weighed in on INTU shares. Truist Financial reiterated a “hold” rating and issued a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. KeyCorp set a $400.00 price objective on shares of Intuit in a research report on Wednesday, August 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $385.00 price objective on shares of Intuit in a research note on Friday, October 2nd. Evercore reaffirmed an “outperform” rating on shares of Intuit in a report on Friday, September 18th. Finally, Morgan Stanley decreased their target price on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $431.55.
Get Our Latest Research Report on INTU Insider Transactions at Intuit In other Intuit news, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director owned 11,531 shares of the company’s stock, valued at $3,751,726.16. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.49% of the company’s stock.
Intuit News Roundup Here are the key news stories impacting Intuit this week:
Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative. Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally. Intuit Price Performance Shares of NASDAQ INTU opened at $325.15 on Monday. The business has a 50-day moving average of $321.16 and a 200-day moving average of $327.91. The firm has a market capitalization of $86.89 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 0.95 and a beta of 1.01. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17.
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter last year, the company posted $2.75 EPS. The business’s quarterly revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts expect that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.
Intuit Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were given a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date was Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.7%. Intuit’s dividend payout ratio is currently 33.45%.
About Intuit (Free Report)
Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.
The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.
See Also Five stocks we like better than Intuit These 3 Green Stocks Have a Growth Story That Goes Far Beyond Washington Meta Claims Frontier-Class AI Status With New Muse Wonder Models Berkshire Just Backed This Little-Known Stock—Should You Chase It? Broadcom’s CEO Sees Years of AI Demand But Warns of a Bigger Threat to the Boom
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Cyndeo Wealth Partners LLC lessened its stake in Intuit Inc. (NASDAQ:INTU – Free Report) by 88.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,061 shares of the software maker’s stock after selling 7,913 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Intuit were worth $293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTU. Fiduciary Financial Advisors purchased a new stake in shares of Intuit during the second quarter valued at about $25,000. Sankala Group LLC purchased a new position in shares of Intuit in the 4th quarter worth approximately $40,000. Whipplewood Advisors LLC purchased a new position in shares of Intuit in the 1st quarter worth approximately $30,000. HHM Wealth Advisors LLC grew its position in shares of Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after buying an additional 30 shares during the last quarter. Finally, CrossGen Wealth LLC bought a new position in shares of Intuit during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Wall Street Analyst Weigh In INTU has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut shares of Intuit from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $605.00 to $331.00 in a research report on Wednesday, August 26th. Citigroup lowered their target price on shares of Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a report on Friday, September 18th. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Intuit in a research report on Thursday, September 24th. Finally, Wolfe Research lowered Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Hold” and a consensus price target of $431.55.
View Our Latest Stock Report on Intuit Intuit Price Performance Shares of NASDAQ INTU opened at $325.15 on Monday. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $689.17. The company has a market cap of $86.89 billion, a PE ratio of 19.71, a P/E/G ratio of 0.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. The business has a 50-day simple moving average of $321.16 and a two-hundred day simple moving average of $327.91.
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities analysts expect that Intuit Inc. will post 23.02 EPS for the current fiscal year.
Intuit Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, October 8th were paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio (DPR) is currently 33.45%.
Trending Headlines about Intuit Here are the key news stories impacting Intuit this week:
Positive Sentiment: Sequence acquisition expands AI and mid-market capabilities. Intuit agreed to acquire Sequence, a Series A company whose platform automates complex quote-to-revenue workflows, including pricing, contracts, invoicing, collections and revenue recognition. Investors viewed the transaction as a strategic expansion of Intuit Enterprise Suite and QuickBooks Online Advanced into larger and more sophisticated businesses. Financial terms were not disclosed. Intuit to Acquire AI-Native Revenue Management Platform Sequence Positive Sentiment: Intuit Intelligence is now available internationally. The wider rollout of Intuit’s AI platform across international markets could increase adoption of its unified ecosystem, including QuickBooks, TurboTax, Credit Karma, Mailchimp and Intuit Enterprise Suite. The announcement reinforces management’s broader effort to use AI to drive customer productivity and cross-selling. Intuit Intelligence Now Available Internationally Positive Sentiment: Fundamentals provide support. Intuit’s latest reported quarter exceeded revenue and earnings expectations, with revenue increasing 13.7% year over year. The company also issued fiscal 2027 EPS guidance of $22.88–$23.12, helping underpin the longer-term growth narrative. Neutral Sentiment: Investor attention is high, but the Zacks reports add little new information. Multiple articles primarily note that INTU is among the most-searched stocks, suggesting elevated interest following the Sequence announcement rather than identifying a separate fundamental catalyst. Intuit Is Attracting Investor Attention Negative Sentiment: Volatility and mixed ownership signals remain risks. The stock has suffered a substantial 12-month decline, while reported institutional activity shows both large purchases and sizable reductions. Recent insider trading has also been weighted toward sales, potentially limiting enthusiasm after the acquisition-driven rally. Insider Buying and Selling In other Intuit news, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. This represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.49% of the company’s stock.
About Intuit (Free Report)
Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.
The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.
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First Citizens Bank & Trust Co. lifted its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 174.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,304 shares of the software maker’s stock after buying an additional 3,372 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Intuit were worth $1,462,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. XXEC Inc. acquired a new position in Intuit in the second quarter valued at about $436,740,000. BlackRock Inc. bought a new stake in Intuit during the second quarter worth about $6,851,859,000. Corient Private Wealth LP acquired a new stake in Intuit during the second quarter worth about $40,545,000. Arrowstreet Capital Limited Partnership grew its stake in Intuit by 102.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock worth $1,684,795,000 after buying an additional 1,972,719 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Intuit by 6.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock worth $870,260,000 after buying an additional 215,814 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.
Key Headlines Impacting Intuit Here are the key news stories impacting Intuit this week:
Positive Sentiment: Sequence automates the end-to-end quote-to-revenue process, including pricing, contracts, invoicing, collections and revenue recognition. Its support for usage-, seat- and milestone-based billing could broaden Intuit’s appeal to software, professional-services and other businesses with complex billing needs. Intuit to Acquire AI-Native Revenue Management Platform Sequence Positive Sentiment: The acquisition is expected to add capabilities to Intuit’s financial system of intelligence and strengthen Intuit Enterprise Suite and QuickBooks Online Advanced. Investors interpreted the transaction as evidence that Intuit is using AI to expand beyond its traditional small-business and consumer tax markets. Intuit deal signals bet on AI demand in revenue management Positive Sentiment: The announcement triggered a broad rally in INTU as market participants focused on potential long-term cross-selling opportunities and growth in mid-market financial-management software. Financial terms were not disclosed, leaving the immediate earnings impact uncertain. Why Intuit Stock Is Trading Up Today Insider Buying and Selling at Intuit In related news, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director directly owned 11,531 shares of the company’s stock, valued at $3,751,726.16. This trade represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.49% of the company’s stock. Analyst Ratings Changes INTU has been the topic of several analyst reports. Oppenheimer reduced their price target on shares of Intuit from $406.00 to $380.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. Royal Bank Of Canada restated an “outperform” rating and set a $385.00 price objective on shares of Intuit in a research report on Friday, October 2nd. Susquehanna lowered their price objective on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th. Jefferies Financial Group cut their target price on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Sunday, August 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Intuit has an average rating of “Hold” and a consensus target price of $431.55.
View Our Latest Stock Analysis on INTU
Intuit Trading Up 6.4% NASDAQ INTU opened at $330.17 on Friday. The company has a market cap of $88.23 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 0.91 and a beta of 1.01. Intuit Inc. has a twelve month low of $252.84 and a twelve month high of $689.17. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The business’s fifty day moving average is $321.16 and its 200 day moving average is $328.64.
Intuit (NASDAQ:INTU – Get Free Report) last posted its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The firm had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. During the same period last year, the company earned $2.75 earnings per share. The business’s quarterly revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, sell-side analysts expect that Intuit Inc. will post 23.02 EPS for the current fiscal year.
Intuit Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio (DPR) is presently 33.45%.
Intuit Company Profile (Free Report)
Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.
Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
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Intuit (INTU - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this maker of TurboTax, QuickBooks and other accounting software have returned +5.4% over the past month versus the Zacks S&P 500 composite's +1.4% change. The Zacks Computer - Software industry, to which Intuit belongs, has gained 7.2% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Intuit is expected to post earnings of $2.47 per share for the current quarter, representing a year-over-year change of -26.1%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.
The consensus earnings estimate of $23.5 for the current fiscal year indicates a year-over-year change of -3.2%. This estimate has changed -2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $26.38 indicates a change of +12.3% from what Intuit is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Intuit is rated Zacks Rank #3 (Hold).
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Intuit, the consensus sales estimate for the current quarter of $4.3 billion indicates a year-over-year change of +10.8%. For the current and next fiscal years, $23.39 billion and $25.68 billion estimates indicate +9.1% and +9.8% changes, respectively.
Last Reported Results and Surprise HistoryIntuit reported revenues of $4.35 billion in the last reported quarter, representing a year-over-year change of +13.7%. EPS of $4.03 for the same period compares with $2.75 a year ago.
Compared to the Zacks Consensus Estimate of $4.27 billion, the reported revenues represent a surprise of +1.91%. The EPS surprise was +12.26%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Intuit is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Intuit. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
MOUNTAIN VIEW, Calif. & LONDON--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU) today announced it has signed an agreement to acquire Sequence, a Series A revenue management company that automates the end-to-end quote-to-revenue process for businesses. The acquisition will extend Intuit's financial system of intelligence with new revenue management capabilities and strengthen its mid-market offerings, including Intuit Enterprise Suite and QuickBooks Online Advanced. Sequence replaces spreadsheets a.
QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit's financial intelligence system and boost its mid-market offerings.
Intuit Inc. (NASDAQ:INTU) stock is trading higher by more than 6% on Thursday after the company announced to acquire Sequence, an AI-native revenue management platform.
The acquisition expands Intuit’s revenue management offerings for mid-market businesses.
• Intuit stock is charging ahead with explosive momentum. Why is INTU stock surging?
AI-native ERP Expands for IntuitFounded in 2021, Sequence leverages AI to help B2B finance and commercial teams automate the full quote-to-revenue lifecycle, including deal configuration and pricing, billing, invoicing, collections, and revenue recognition.
The acquisition will strengthen the capabilities of Intuit’s Intuit Enterprise Suite, a resource planning and consolidation platform, and QuickBooks Online Advanced, its cloud-based accounting platform.
The acquisition will also expand Intuit’s reach to sectors, including B2B software, professional services, construction, healthcare, and manufacturing.
Sequence co-founder and CEO Riya Grover highlighted the growing need for revenue management automation as business complexity grows with usage-based and hybrid pricing revenue models.
Ashley Still, executive vice president and general manager, Small Business & Mid-Market Group at Intuit, said the acquisition further extends Intuit Enterprise Suite directly into industries that increasingly leverage AI consumption models and is a meaningful step forward for the company to deliver AI-native ERP for complex businesses.
Following the acquisition, Grover and the Sequence team will join Intuit’s Mid-Market product organization.
Intuit held $4.7 billion in cash and cash equivalents and had total debt of $7.7 billion as of July 31.
Financial terms of the deal were not disclosed.
Intuit Reiterates First Quarter and Full Year Fiscal 2027 GuidanceIntuit reiterated its financial guidance for the first quarter and full year fiscal 2027 in conjunction with its Investor Day on Sept. 17.
Intuit expects fiscal 2027 revenue to be between $23.279 billion and $23.512 billion, representing 9% to 10% growth.
GAAP EPS is projected at $20.12 to $20.36, while adjusted EPS is expected at $22.88 to $23.12, compared with the analyst consensus estimate of $24.04.
The company expects first-quarter fiscal 2027 revenues between $4.29 billion to $4.31 billion and adjusted EPS at $2.44 to $2.48.
Analyst OutlookThe stock carries a Buy rating with an average price forecast of $378. Recent analyst moves include:
RBC Capital: Outperform (Maintains target to $385 on Oct. 2) Evercore ISI Group: Outperform (Maintains target to $400 on Sept. 18) Mizuho: Outperform (Maintains target to $430 on Sept. 18) INTU Price Action: Intuit shares were up 6.04% at $329.20 at the time of publication on Thursday, according to Benzinga Pro data.
Copeland Capital Management LLC lifted its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 2,043.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,358 shares of the software maker’s stock after purchasing an additional 2,248 shares during the period. Copeland Capital Management LLC’s holdings in Intuit were worth $650,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Intuit by 119.5% in the first quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after buying an additional 47,148 shares during the period. Beacon Pointe Advisors LLC purchased a new position in shares of Intuit in the second quarter worth approximately $1,643,000. Brookstone Capital Management raised its holdings in shares of Intuit by 45.8% during the first quarter. Brookstone Capital Management now owns 32,135 shares of the software maker’s stock valued at $13,895,000 after acquiring an additional 10,089 shares during the period. J. Safra Sarasin Holding AG raised its holdings in shares of Intuit by 831.4% during the first quarter. J. Safra Sarasin Holding AG now owns 27,337 shares of the software maker’s stock valued at $11,817,000 after acquiring an additional 24,402 shares during the period. Finally, Lindsell Train Ltd raised its holdings in shares of Intuit by 20.2% during the first quarter. Lindsell Train Ltd now owns 733,699 shares of the software maker’s stock valued at $317,237,000 after acquiring an additional 123,448 shares during the period. 83.66% of the stock is currently owned by institutional investors.
Intuit Price Performance INTU opened at $310.44 on Thursday. The stock has a market cap of $82.96 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 0.88 and a beta of 1.01. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $689.17. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average price of $320.99 and a 200 day moving average price of $329.25.
Intuit (NASDAQ:INTU – Get Free Report) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same quarter in the previous year, the company posted $2.75 earnings per share. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts forecast that Intuit Inc. will post 23.02 EPS for the current fiscal year. Intuit Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.8%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio is presently 33.45%.
Wall Street Analysts Forecast Growth Several equities research analysts recently commented on INTU shares. Mizuho restated an “outperform” rating and issued a $430.00 price target on shares of Intuit in a research report on Friday, September 18th. Susquehanna lowered their price objective on shares of Intuit from $427.00 to $415.00 and set a “positive” rating on the stock in a research report on Wednesday, August 26th. Piper Sandler boosted their target price on shares of Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research note on Wednesday, August 26th. Wells Fargo & Company cut their target price on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Finally, Citigroup reduced their target price on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $431.55.
Read Our Latest Stock Report on Intuit
Insider Activity at Intuit In other news, Director Richard L. Dalzell sold 285 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director owned 11,531 shares in the company, valued at $3,751,726.16. This represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. This represents a 35.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.49% of the company’s stock.
Intuit News Summary Here are the key news stories impacting Intuit this week:
Positive Sentiment: Intuit’s stock gained in the latest session despite a weaker market. The move was attributed largely to renewed interest in the company’s valuation after its substantial year-over-year decline. Why the Market Dipped But Intuit Gained Today Positive Sentiment: A renewed NFL partnership extending through 2030 could support Intuit’s brand visibility, customer acquisition and long-term growth. The stock’s sharp decline has also prompted arguments that it may be undervalued relative to its earnings profile. Intuit Stock May Be Undervalued as NFL Partnership Expands Positive Sentiment: RBC retained an Outperform rating and a $385 price target, indicating continued confidence in Intuit’s long-term outlook and potential upside from current levels. RBC Keeps Outperform Rating on Intuit Intuit Profile (Free Report)
Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.
Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
Further Reading Five stocks we like better than Intuit Tesla Wants to Make Its Own Chips—What Could Go Wrong? IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver? PBF Energy’s Stunning Rally Faces a Critical Test Citi Stock Falls Despite Earnings Beat: What Investors Need to Know Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
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Intuit (INTU - Free Report) ended the recent trading session at $310.44, demonstrating a +2.98% change from the preceding day's closing price. This change outpaced the S&P 500's 1.11% loss on the day. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 1.88%.
The maker of TurboTax, QuickBooks and other accounting software's stock has dropped by 8.45% in the past month, falling short of the Computer and Technology sector's gain of 3.49% and the S&P 500's gain of 2.06%.
The investment community will be paying close attention to the earnings performance of Intuit in its upcoming release. The company's earnings per share (EPS) are projected to be $2.47, reflecting a 26.05% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $4.3 billion, reflecting a 10.8% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $23.5 per share and a revenue of $23.39 billion, demonstrating changes of -3.17% and +9.07%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Intuit. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.01% decrease. Intuit currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Intuit is currently being traded at a Forward P/E ratio of 12.83. This denotes a discount relative to the industry average Forward P/E of 17.08.
Meanwhile, INTU's PEG ratio is currently 0.86. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Computer - Software industry had an average PEG ratio of 1.46 as trading concluded yesterday.
The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 60, finds itself in the top 25% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Key Takeaways Intuit lost 3 percentage points of DIY tax e-file share as U.S. TurboTax units fell 2% to 39 million.Credit Karma Tax will offer free federal filing and $15 state filing to attract price-sensitive customers.TurboTax FY27 revenue growth to slow to 2-3%, while dual-product users generate twice the average revenues. Intuit Inc. (INTU - Free Report) is revamping its do-it-yourself (DIY) tax preparation strategy to regain market share amid growing competition from lower-cost providers. The company is prioritizing customer acquisition over near-term revenue per customer, a shift that could moderate TurboTax revenue growth in fiscal 2027.
In fiscal 2026, total U.S. TurboTax units declined 2% year over year to 39 million, while online units fell 2% to 34.9 million. Intuit also lost 3 percentage points of its DIY tax e-file share. Management acknowledged that pricing had become the primary reason customers left TurboTax, prompting plans to offer more competitive entry-level pricing and improve affordability.
At its September 2026 Investor Day, Intuit outlined plans to expand Credit Karma Tax, targeting free federal tax filing and $15 state filing. The strategy aims to attract price-sensitive customers while preserving TurboTax's premium positioning through AI-powered tax preparation, expert assistance and differentiated services.
However, lower average revenue per customer could weigh on near-term growth. Management expects TurboTax revenues to increase 2-3% in fiscal 2027, down from 7% in fiscal 2026. TurboTax Live revenue growth is also expected to moderate to the mid-teens from 37% in the prior year, reflecting slower upgrades from DIY customers.
The strategy offers long-term opportunities. Customers using both TurboTax and Credit Karma generate approximately twice the average revenue per customer of single-product users. Intuit's ability to regain market share, attract new filers and cross-sell higher-value services will be crucial to offsetting near-term pricing pressure and sustaining growth.
How Are INTU’s Competitors Faring?H&R Block (HRB - Free Report) , a direct competitor to Intuit's TurboTax, reported fourth-quarter fiscal 2026 revenues of $1.14 billion, up 3% year over year. However, DIY tax preparation revenues declined 2.2% to $148.8 million, highlighting pricing and demand challenges in the segment. Adjusted EPS increased to $2.38 from $2.27.
Thomson Reuters (TRI - Free Report) , a competitor in professional tax and accounting software, reported second-quarter 2026 revenues of $1.95 billion, up 9.5% year over year. Its Tax, Audit & Accounting Professionals segment revenues rose 14% to $311 million, reflecting sustained demand for professional tax solutions.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 7.8% over the past three months, underperforming the broader industry but outperforming the S&P 500 composite.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.38X, which is at a discount to the industry average of 6.51X.
Image Source: Zacks Investment Research
Intuit’s estimate revisions reflect a negative trend. The Zacks Consensus Estimate for fiscal 2027 EPS has been revised upward by a cent to $23.50 over the past week. The consensus estimate for 2027 calls for a year-over-year decline of 3.2%.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
NorthCrest Asset Manangement LLC raised its stake in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 73,452 shares of the software maker’s stock after buying an additional 1,863 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Intuit were worth $22,320,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. Avior Wealth Management LLC lifted its holdings in shares of Intuit by 8.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,131 shares of the software maker’s stock valued at $312,000 after buying an additional 92 shares during the last quarter. Perpetual Ltd grew its stake in shares of Intuit by 50.9% in the 3rd quarter. Perpetual Ltd now owns 6,808 shares of the software maker’s stock valued at $1,877,000 after buying an additional 2,297 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI grew its stake in shares of Intuit by 13.0% in the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 52,782 shares of the software maker’s stock valued at $14,553,000 after buying an additional 6,068 shares in the last quarter. Bullock Wealth Management Group acquired a new position in Intuit in the third quarter worth approximately $36,000. Finally, Riversedge Advisors LLC acquired a new position in Intuit in the third quarter worth approximately $337,000. Institutional investors and hedge funds own 83.66% of the company’s stock.
Wall Street Analyst Weigh In INTU has been the topic of several recent research reports. Barclays cut their price objective on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Wolfe Research downgraded shares of Intuit from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, August 26th. TD Cowen restated a “hold” rating and set a $346.00 price target on shares of Intuit in a research note on Friday, September 18th. Bank of America downgraded shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price target on the stock. in a report on Wednesday, August 26th. Finally, Stifel Nicolaus restated a “hold” rating and set a $300.00 price target on shares of Intuit in a report on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $431.55.
Read Our Latest Analysis on INTU Intuit Stock Performance INTU opened at $305.99 on Tuesday. The company has a market cap of $81.77 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 0.88 and a beta of 1.01. The stock has a 50-day moving average of $321.79 and a 200-day moving average of $330.99. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $689.17. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51.
Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the firm posted $2.75 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts forecast that Intuit Inc. will post 23.01 earnings per share for the current fiscal year.
Intuit Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.8%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio is 33.45%.
Insider Buying and Selling In other news, CAO Lauren Hotz sold 907 shares of Intuit stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.49% of the company’s stock.
Intuit Profile (Free Report)
Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.
Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
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Key Takeaways Intuit's Mailchimp revenues fell 1% to $1.3 billion in fiscal 2026, with growth expected to remain weak.Mailchimp's operating margin expanded 4.9 percentage points to 47.5%, while operating income rose 10%.INTU focuses on retention, value-based pricing and cross-selling, with separate FY27 reporting for Mailchimp. Intuit (INTU - Free Report) is working to stabilize Mailchimp amid weak revenue growth and rising customer churn. Mailchimp’s fiscal 2026 revenues declined 1% year over year to $1.3 billion, contrasting with Intuit’s overall revenue growth of 14%. The outlook remains challenging, with management expecting Mailchimp’s fiscal 2027 revenues to range between $1.256 billion and $1.266 billion, indicating a decline of 1% to flat growth.
Despite these challenges, Mailchimp is making progress on profitability. Its fiscal 2026 operating margin expanded 4.9 percentage points to 47.5%, while operating income increased 10% to $604 million. These improvements reflect better cost discipline, although sustained profitability gains alone may not be enough to revive revenue growth.
High-value, sales-assisted mid-market bookings’ monthly recurring revenues grew 9% year over year in fiscal 2026. Paid SMS customers increased 35%, while average spending among SMS customers was 11% higher. Active high-value customer dollar churn also improved 1% year over year, suggesting progress in retaining valuable customers.
Intuit is strengthening accountability by managing Mailchimp as a separate operating segment from August 2026, with independent reporting beginning in fiscal 2027. Management is prioritizing customer retention, value-based pricing, cross-selling and disciplined spending to improve monetization and profitability. However, higher effective prices are expected to offset increased customer churn, highlighting the challenges facing its growth strategy.
Margin expansion, SMS adoption and improving high-value customer retention provide encouraging signs, but the near-term revenue outlook remains subdued for Mailchimp. Sustained customer retention and stronger bookings conversion will be essential for Mailchimp to return to meaningful growth and contribute more significantly to Intuit’s performance.
How Are INTU’s Competitors Faring?Klaviyo (KVYO - Free Report) provides AI-powered marketing automation and customer relationship management solutions, helping businesses deliver personalized customer experiences through email, SMS and other digital channels. In the second quarter of 2026, revenues increased 26% year over year to $370.6 million. The company raised its full-year revenue guidance to $1.526-$1.534 billion.
Braze (BRZE - Free Report) offers a customer engagement platform that enables businesses to deliver personalized, cross-channel marketing campaigns through mobile apps, email and other digital channels. In the second quarter of fiscal 2027, revenues grew 26.2% year over year to $227.2 million, supported by new customer additions, upselling and renewals.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 8.3% over the past three months, underperforming the broader industry but outperforming the S&P 500 composite.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.43X, which is at a discount to the industry average of 6.43X.
Image Source: Zacks Investment Research
Intuit’s estimate revisions reflect a negative trend. The Zacks Consensus Estimate for fiscal 2027 EPS has been revised downward 15.8% to $23.49 over the past two months. The consensus estimate for 2027 calls for negative 3.2% growth year over year.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the latest close session, Intuit (INTU - Free Report) was up +2.23% at $303.88. The stock's performance was ahead of the S&P 500's daily loss of 0.47%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.
The maker of TurboTax, QuickBooks and other accounting software's stock has dropped by 5.32% in the past month, falling short of the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
Investors will be eagerly watching for the performance of Intuit in its upcoming earnings disclosure. The company is predicted to post an EPS of $2.46, indicating a 26.35% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.3 billion, indicating a 10.8% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $23.49 per share and a revenue of $23.39 billion, signifying shifts of -3.21% and +9.06%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Intuit. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 2.04% fall in the Zacks Consensus EPS estimate. As of now, Intuit holds a Zacks Rank of #3 (Hold).
Investors should also note Intuit's current valuation metrics, including its Forward P/E ratio of 12.65. This denotes a discount relative to the industry average Forward P/E of 16.77.
Also, we should mention that INTU has a PEG ratio of 0.85. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. INTU's industry had an average PEG ratio of 1.49 as of yesterday's close.
The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 64, finds itself in the top 27% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Key Takeaways INTU shares gained 8.7% in three months, driven by mid-market and financial services growth.Intuit expects 9%-10% revenue growth in fiscal 2027 despite sluggish customer gains.INTU's premium valuation and competitive tax pricing call for caution amid acquisition challenges. After a difficult stretch earlier this year, Intuit Inc. (INTU - Free Report) is showing signs of stabilization. Its latest results highlight demand for QuickBooks, TurboTax Live and financial services, while management shifts attention toward attracting new users. Coming quarters will test whether these businesses can support a recovery in customer acquisition.
Over the past three months, INTU shares have advanced approximately 8.7%. Over the same period, tax-services rival H&R Block (HRB - Free Report) rose 11.6%, while financial-technology player Block (XYZ - Free Report) declined 1.7%. These differing price paths reflect contrasting investor expectations for growth.
Intuit spans tax preparation, small-business accounting, consumer finance and payments. H&R Block focuses on tax services, whereas Block serves merchants and consumers through Square and Cash App. Intuit's broader product mix brings several revenue opportunities but leaves it exposed to pricing competition, changing customer preferences and artificial intelligence.
3-Month Price Performance
Image Source: Zacks Investment Research
INTU’s Growth Engines Extend Beyond Traditional Tax SoftwareIntuit ended fiscal 2026 with revenues of $21.4 billion, up 14%, and GAAP diluted earnings per share growth of 20%. Its assisted-tax, money and mid-market businesses collectively expanded more than 30%, representing about 30% of total revenues. Mid-market revenues jumped 39% to $1.6 billion, supported by demand for QuickBooks Online Advanced and Intuit Enterprise Suite. Business money revenues increased 31% to $1.8 billion, showing how payments and related services are becoming more important.
The opportunity lies in expanding these relationships rather than relying only on subscription increases. Intuit Enterprise Suite's annualized revenue exceeded $145 million in the fourth quarter, four times the year-earlier level. Meanwhile, Intuit said 2.5 million customers use Intuit Intelligence automations and insights monthly. These tools could improve retention and service adoption, although higher usage will need to translate into sustained revenue growth.
Fiscal 2027 Could Test INTU’s Customer Acquisition PlanOn the Investor Day, Management reaffirmed fiscal 2027 revenue guidance of $23.28-$23.51 billion, implying growth of 9-10%, slower than fiscal 2026. Global Business Solutions revenues are projected to grow 13-14%, while TurboTax revenues are expected to rise only 2-3%. The company is deliberately adjusting tax pricing to compete with lower-cost alternatives, which may reduce revenue earned per new tax customer initially. Management aims to return to durable double-digit company revenue growth over the longer term.
Customer growth remains the key weakness. Total online paying customers increased just 3% in fiscal 2026, including Mailchimp, and TurboTax lost one percentage point of IRS e-filing share. QuickBooks Free and Lite aim to widen the entry point for smaller firms, while more competitive TurboTax offers seek to rebuild the do-it-yourself customer base. These changes may support longer-term gains, but results will depend on conversion, retention and cross-selling.
INTU’s Balance Sheet and Capital Returns Provide SupportThe balance sheet and capital returns provide some support. Intuit repurchased $5.5 billion in shares during fiscal 2026 and raised its quarterly dividend by 15%. Its renewed NFL partnership through 2030 and expanded small-business accelerator program may also increase customer awareness. Spending to attract new customers and improve AI capabilities remains an important factor to monitor.
INTU’s Estimate Revisions Depict a Mixed Trend of LateINTU’s estimates for fiscal 2027 have remained unchanged over the past 30 days. However, the same for fiscal 2028 has been revised marginally upward over the same period.
Image Source: Zacks Investment Research
INTU's Premium Valuation Warrants a Closer LookIntuit trades at about 3.33 times forward 12-month sales, compared with 1.27 times for H&R Block and 1.62 times for Block. The premium reflects Intuit's broader software and services reach, faster recent revenue growth and opportunities to serve customers throughout the year.
Valuation
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What Should Investors Do With INTU Stock Now?Intuit's recent share-price recovery has support from mid-market growth, expanding financial services and improving AI adoption. Fiscal 2027 guidance also points to continued earnings growth despite a slower revenue outlook. Still, the customer acquisition reset, competitive tax pricing and a valuation above H&R Block and Block leave limited room for disappointing execution.
Existing shareholders have reasons to remain invested while following quarterly evidence of better customer gains and sustained service adoption. For investors considering fresh exposure, waiting for clearer signs that QuickBooks entry-level offerings and TurboTax pricing changes are strengthening growth appears more measured than acting solely on the recent rally.
At present, INTU carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Intuit's Accountant Suite had more than 150,000 accountants on the platform in fiscal 2026.Accountant-driven IES deals rose fivefold from the first to fourth quarter of fiscal 2026.Monetization remains key as Intuit seeks paying users, cross-selling and stronger revenue growth. Intuit (INTU - Free Report) is expanding its reach among accounting professionals with Accountant Suite, an AI-powered platform designed to help firms manage clients, teams and workflows through a unified system. The platform combines practice management, portfolio-wide insights, bookkeeping and tax workflows while using AI to automate repetitive tasks.
Adoption is showing early promise. More than 150,000 accountants were on the platform in fiscal 2026, while users reported spending about 30% more time on advisory work. Intuit also said 85% of users reported streamlined operations through a single platform.
The bigger opportunity could come from Accountant Suite's ability to strengthen Intuit's broader ecosystem. Accountants influence technology decisions for businesses, and Intuit estimates that more than 65% of QuickBooks Online users work with accountants. The company also reported a fivefold increase in accountant-driven new Intuit Enterprise Suite (IES) deals between the first and fourth quarters of fiscal 2026, with accountants accounting for 25% of new IES deals during the year.
Intuit's broader business provides a supportive backdrop. Fiscal 2026 revenues rose 14% to $21.45 billion, while Online Ecosystem revenues increased 19% to $9.9 billion. Still, investors will need to monitor whether Accountant Suite adoption translates into paying users, higher cross-selling, additional mid-market customers and stronger revenue growth.
Accountant Suite could become an important growth channel for Intuit by connecting accounting firms more closely with its business ecosystem. Yet monetization remains an important factor to watch as adoption expands.
How Are Intuit’s Competitors Faring?Sage Group (SGPYY - Free Report) reported revenues of £699 million in the third quarter of 2026, up 12% year over year. Growth was supported by Sage Business Cloud, including increasing adoption of Sage Intacct and AI-powered solutions. The company continues to expand its cloud-based offerings for small and mid-sized businesses.
BlackLine (BL - Free Report) reported second-quarter 2026 revenues of $187.8 million, up 9.2% year over year. GAAP operating margin improved to 5.9% from 4.4%, supported by its expanding financial automation platform and increasing adoption of AI capabilities.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 8.7% over the past three months, underperforming the broader industry and outperforming the S&P 500 composite.
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In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.33X, which is at a discount to the industry average of 6.38X.
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Intuit’s estimate revisions reflect a negative trend. The Zacks Consensus Estimate for fiscal 2027 EPS has been revised downward 15.8% to $23.49 over the past two months. The consensus estimate for 2027 calls for negative 3.2% growth year over year.
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Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Rockland Trust Co. lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,444 shares of the software maker’s stock after purchasing an additional 6,628 shares during the period. Rockland Trust Co.’s holdings in Intuit were worth $22,731,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. XXEC Inc. acquired a new position in shares of Intuit in the second quarter worth approximately $436,740,000. BlackRock Inc. bought a new stake in Intuit in the second quarter valued at approximately $6,851,859,000. Corient Private Wealth LP acquired a new stake in Intuit during the 2nd quarter valued at approximately $40,545,000. Bank of America Corp DE bought a new position in Intuit during the 2nd quarter worth approximately $589,841,000. Finally, Bank of New York Mellon Corp bought a new position in Intuit during the 2nd quarter worth approximately $564,592,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling In other Intuit news, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.
Analyst Upgrades and Downgrades INTU has been the subject of several recent analyst reports. Bank of America cut shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective for the company. in a research report on Wednesday, August 26th. Royal Bank Of Canada restated an “outperform” rating and issued a $385.00 target price on shares of Intuit in a report on Friday. Wells Fargo & Company cut their price target on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 26th. UBS Group reiterated a “neutral” rating on shares of Intuit in a report on Friday, September 18th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Intuit in a research report on Monday, September 21st. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $431.55. Check Out Our Latest Analysis on INTU
Intuit Stock Up 0.3% Shares of INTU traded up $0.72 during trading hours on Monday, reaching $281.80. The stock had a trading volume of 1,398,140 shares, compared to its average volume of 4,282,503. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17. The firm has a 50-day simple moving average of $324.10 and a 200 day simple moving average of $337.49. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $75.31 billion, a price-to-earnings ratio of 17.08, a P/E/G ratio of 0.82 and a beta of 1.01.
Intuit (NASDAQ:INTU – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts predict that Intuit Inc. will post 23.01 earnings per share for the current fiscal year.
Intuit Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a $1.38 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. Intuit’s payout ratio is presently 29.09%.
Intuit Profile (Free Report)
Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.
Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
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Key Takeaways Intuit targets a $300B-plus TAM across business and consumer financial markets, with just 7% penetration.AI is driving automation and engagement across Intuit's platform, serving 82M consumers and 10M businesses.Mid-market revenue rose 39% in FY26, but 3% online user growth underscores acquisition needs. Intuit Inc. (INTU - Free Report) is targeting a massive opportunity as it expands across business and consumer financial markets. At Investor Day, the company estimated its total addressable market (TAM) at more than $300 billion, with only about 7% penetration. The opportunity includes $186 billion in business markets and $142 billion in consumer markets, providing significant room for expansion.
AI is central to Intuit’s strategy. The company is building an AI-driven expert platform that combines proprietary data, domain expertise, AI models and human experts to automate financial work. Its scale provides a strong foundation, with 82 million consumers and 10 million businesses on its platform. AI experiences are already improving engagement, helping customers get paid faster and reducing manual work.
The mid-market is another major growth opportunity. Intuit estimates nearly $90 billion of TAM in this segment, where customer growth reached 28%, and revenues increased 39% in fiscal 2026. Intuit Enterprise Suite is gaining traction, while vertical-specific offerings and lower-friction products such as QuickBooks Free and Lite could support customer acquisition.
However, customer growth remains a challenge. Online paying customers increased just 3% at the end of fiscal 2026, while Online Ecosystem average revenue per customer rose 15%. Expanding payments, financing, payroll and other services can increase customer value, but Intuit also needs to broaden its customer base. Balancing customer acquisition, monetization and AI investments will remain important as the company works to capture more of its $300 billion-plus TAM across its broader business and consumer financial ecosystem.
How Are INTU’s Competitors Faring?Block, Inc.’s (XYZ - Free Report) second-quarter 2026 gross profit rose 25% to $3.17 billion, with Square gross profit up 13% and Cash App up 31%. Square gross payment volume increased 13%, while AI is increasingly embedded across operations and merchant services.
PayPal's (PYPL - Free Report) second-quarter 2026 revenues increased 5% to $8.7 billion, while total payment volume rose 10% to $486.4 billion. Active accounts were 439 million, giving PayPal substantial consumer and merchant scale as it expands checkout, Venmo, Braintree and financial services.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 3.3% over the past three months, underperforming the broader industry and outperforming the S&P 500 composite.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.16X, which is at a discount to the industry average of 6.24X.
Image Source: Zacks Investment Research
Intuit’s estimate revisions reflect a negative trend. The Zacks Consensus Estimate for fiscal 2027 EPS has been revised downward 15.8% to $23.49 over the past two months. The consensus estimate for 2027 calls for negative 3.2% growth year over year.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the latest trading session, Intuit (INTU - Free Report) closed at $279.84, marking a -1.04% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 1.19%.
The maker of TurboTax, QuickBooks and other accounting software's stock has dropped by 17.87% in the past month, falling short of the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Intuit will be of great interest to investors. The company's upcoming EPS is projected at $2.46, signifying a 26.35% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.3 billion, up 10.8% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $23.49 per share and revenue of $23.39 billion, which would represent changes of -3.21% and +9.06%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Intuit. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.04% lower within the past month. Intuit is currently a Zacks Rank #3 (Hold).
Looking at valuation, Intuit is presently trading at a Forward P/E ratio of 12.04. This valuation marks a discount compared to its industry average Forward P/E of 15.71.
We can additionally observe that INTU currently boasts a PEG ratio of 0.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Computer - Software industry currently had an average PEG ratio of 1.45 as of yesterday's close.
The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Jim Cramer rattled off the companies he thinks Meta's new AI platform will hurt, but one glaring omission caught traders' attention and sent them rushing into short-dated call options before they even had time to think.
Partnership provides guided path in QuickBooks Workforce for seamless and compliant closure of payroll-related tax accounts in less than 10 minutes, with access to broader dissolution services as needed
SANTA MONICA, Calif.--(BUSINESS WIRE)--SimpleClosure, the industry standard for responsible company shutdowns, today announced a partnership with Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite, to help QuickBooks Workforce customers properly close state payroll tax accounts when they stop running payroll. For customers who are shutting down their business entirely, the partnership also provides easy access to SimpleClosure dissolution services, which includes handling the 95+ moving parts of a shutdown.
Partnership provides guided path in QuickBooks Workforce for seamless and compliant closure of payroll-related tax accounts in less than 10 minutes
Share Payroll tax accounts can remain open even after active payroll stops. This discrepancy can leave business owners responsible for ongoing filing requirements, and exposed to notices, fees and penalties not on their radar. SimpleClosure helps to manage the closing of these accounts, whether due to operational changes like workforce restructuring, a transition to a Professional Employer Organization (PEO), or no longer employing workers in a specific state, in addition to business closure.
With more than 100 state tax agencies and thousands of local agencies across the U.S., requirements for closing these accounts vary widely by location, and business owners are often left to determine on their own which accounts need to be closed, where to file, and what steps are required. Through this partnership, QuickBooks Workforce customers will have access to SimpleClosure's guided experience and can securely transfer their company and state payroll tax account details from QuickBooks to SimpleClosure, so they don't have to start from scratch. SimpleClosure then collects any necessary additional information from the customer and manages the state-specific closure process, typically in under 10 minutes.1
"Payroll software has made it easy to start payroll in minutes, but closing payroll is not a simple flip of the switch. It is a fragmented process, convoluted by various individual state and federal taxes,” said Dori Yona, founder and CEO of SimpleClosure. “By partnering with Intuit, we enable their QuickBooks Workforce customers to complete the entire offboarding cycle at exactly the moment they need it, and mitigate their risk of being blindsided by unforeseen fees and penalties in the future."
"Closing out payroll tax accounts is a manual, multi-step process that is often challenging for small and mid-market businesses to navigate,” said Olivier Bartholot, vice president, workforce solutions, Intuit QuickBooks. “Integrating SimpleClosure directly into QuickBooks Workforce turns that process into a seamless, done-for-you experience that helps reduce the research, guesswork, and risk of surprise penalties down the road. This integration is a natural extension of how we’re continuing to expand our workforce solutions to provide the right tools to support businesses through the entire company lifecycle."
SimpleClosure is currently partnered with several payroll providers operating in the U.S. and has closed approximately 14,000 payroll tax accounts for more than 7,000 customers to date.
About SimpleClosure
SimpleClosure is the standard for responsible shutdown. We handle the legal filings and compliance work a startup shutdown requires, directly and completely—one team, responsible for the full process. We also identify and protect the value still sitting in a company, from codebases to databases to workspace data, so nothing is lost in the transition. To date, SimpleClosure has helped support thousands of venture-backed companies, protecting remaining value along the way.
Key Takeaways Intuit extends its NFL partnership through 2030, expanding rights across four international markets.Intuit Intelligence will showcase data, AI and human expertise across four key financial products.Intuit will feature Peyton Manning, the Kittles and small-business owners throughout the NFL season. Intuit (INTU - Free Report) is putting its latest AI push in front of a much bigger audience. The company has extended its National Football League (“NFL”) partnership for four years through 2030, with the expanded deal designed to showcase Intuit Intelligence to more than 400 million NFL fans worldwide. The agreement also expands Intuit’s official rights to Canada, the U.K., Australia and New Zealand.
The campaign moves beyond advertising individual products. Intuit Intelligence brings together data, AI and human expertise across TurboTax, Credit Karma, QuickBooks and Mailchimp. Credit Karma is also joining Intuit’s NFL portfolio, helping the company showcase more of its broader financial technology platform to NFL fans.
Intuit plans to keep the campaign visible throughout the season. Peyton Manning will introduce Intuit Intelligence, while QuickBooks will feature George and Claire Kittle and small-business owners. Credit Karma will run its latest financial-guidance campaign during the regular season, while TurboTax will be exclusively featured in the postseason as the sponsor of the AFC and NFC Divisional Round and Championship games.
The move builds on years of AI investment. In June 2023, Intuit introduced GenOS, its generative-AI operating system, followed by Intuit Assist in September 2023, which brought personalized AI-powered recommendations across its products. In 2025, Intuit added AI agents to QuickBooks to automate accounting, finance and other business workflows.
That technology now has considerable data behind it. Intuit's platform spans 82 million consumers, 10 million businesses and 650,000 accountants, while its AI agents can use more than 60 large language models and 100-plus AI skills.
ConclusionThe NFL deal could therefore serve as a large-scale brand-building channel for Intuit’s broader AI strategy. Fiscal 2026 revenues rose 14% to $21.4 billion, while its Big Bets grew 34% and represented 30% of revenues. Greater awareness of Intuit Intelligence could support platform adoption and customer growth if the campaign converts NFL visibility into greater engagement with Intuit’s products.
In the past three months, shares of this Zacks Rank #3 (Hold) company have gained 0.1% compared with the industry's growth of 23.4%.
Image Source: Zacks Investment Research
Stocks to ConsiderSome better-ranked stocks from the Zacks-Computer Software sector are Cadence Design Systems (CDNS - Free Report) and Synopsys (SNPS - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CDNS’ 2026 earnings per share (EPS) has moved 2 cents northward to $8.12 over the past two months.
The Zacks Consensus Estimate for SNPS’ fiscal 2026 EPS has moved 3 cents upward to $15.13 over the past month.
Enterprise software names are surging ahead of the broader tech market, but one company in the group carries something the others do not, and it changes how you should read this rally.
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Enterprise software is leading a rebound across technology stocks, and shares of ServiceNow (NYSE:NOW | NOW Price Prediction) sit at the front of the group. ServiceNow stock is up 4% to $139.73, moving in step with the closest names in application software. Gains are spread across several major application vendors at once, a sign of broad sector participation.
Also, shares of Intuit (NASDAQ:INTU) are up 4% to $285.50, matching the gain in ServiceNow stock. Meanwhile, Adobe (NASDAQ:ADBE) shares are climbing 3% to $246.49, a slightly smaller gain pointed the same way. Workday (NASDAQ:WDAY) rounds out the enterprise software cluster, adding another large application vendor exposed to the same artificial intelligence (AI) debate.
Notably, the iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is up 1% to $107.95. The Invesco QQQ Trust (NASDAQ:QQQ) is up 0.5% to $743.20, a smaller advance for large-cap technology. Software’s lead over that broader benchmark marks this as a group bid concentrated in application vendors.
Software Fund Outpaces Large-Cap Tech ServiceNow stock’s rally tracks a broad bid across enterprise software. The software sector fund is beating large-cap technology, and the two closest peers, Intuit and Adobe, are moving the same direction by similar amounts. That combination points to sector repair across the group, and ServiceNow stock is benefiting as money flows back into application software, since broad buying of that kind tends to lift the strongest operators and the weakest ones alike.
Workday belongs to the enterprise software cluster and faces the same questions about how AI changes application spending. Alongside ServiceNow, Intuit, and Adobe, Workday gives the group coverage of workflow, financial, creative, and human resources software, so the rebound reaches well beyond one product category. That breadth makes the enterprise cluster a cleaner read on sector sentiment than any single stock.
Disclosed AI Revenue Separates ServiceNow Inside the group, ServiceNow carries a distinguishing fact: its AI products are already producing disclosed revenue. In the most recently reported quarter, ServiceNow stated that annual contract value from its AI products exceeded $1 billion. That figure speaks to the first argument around the company, which is whether AI products convert into reported sales.
ServiceNow also reported a renewal rate of 98% in that quarter, a sign the subscription base is holding while the market debates whether generative AI replaces software-as-a-service applications. Together, the two disclosures give ServiceNow stock stronger fundamental basis than a sector bounce supplies on its own.
What to Watch Next For ServiceNow, a clear signal is whether the IGV fund keeps its lead over the broader technology benchmark, and traders can watch for whether that spread holds because it defines the rally lifting ServiceNow, Intuit, and Adobe shares. Any closing of that gap would suggest the software bid is fading into a more dull technology tone.
Traders should watch Intuit and Adobe shares. If they stop moving in step with ServiceNow stock, that split would hurt the sector-repair reading. A strong next quarterly update from ServiceNow could confirm that AI contract value keeps converting into reported revenue.
ServiceNow pairs disclosed AI traction with a 98% renewal rate, which reinforces the case for upside, while the displacement debate supports caution. Those holding the stock should size their positions carefully given that a single rally for software leaves that debate unresolved.
Contact [email protected] for any questions or corrections.
Intuit (INTU - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this maker of TurboTax, QuickBooks and other accounting software have returned -19.6%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Computer - Software industry, which Intuit falls in, has lost 3%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Intuit is expected to post earnings of $2.46 per share, indicating a change of -26.4% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $23.49 for the current fiscal year indicates a year-over-year change of -3.2%. This estimate has changed -2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $26.38 indicates a change of +12.3% from what Intuit is expected to report a year ago. Over the past month, the estimate has changed +0.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Intuit.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Intuit, the consensus sales estimate of $4.3 billion for the current quarter points to a year-over-year change of +10.8%. The $23.39 billion and $25.68 billion estimates for the current and next fiscal years indicate changes of +9.1% and +9.8%, respectively.
Last Reported Results and Surprise HistoryIntuit reported revenues of $4.35 billion in the last reported quarter, representing a year-over-year change of +13.7%. EPS of $4.03 for the same period compares with $2.75 a year ago.
Compared to the Zacks Consensus Estimate of $4.27 billion, the reported revenues represent a surprise of +1.91%. The EPS surprise was +12.26%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Intuit is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Intuit. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Key Takeaways Intuit is prioritizing new customer growth after additions slowed in key parts of the business.QuickBooks Free and Lite aim to attract entrepreneurs earlier and monetize them as their needs expand.Intuit expects fiscal 2027 revenue growth of 9%-10% as it spends more on acquisition and adjusts pricing. Intuit Inc.’s (INTU - Free Report) fiscal 2027 playbook is shifting toward bringing more customers into its ecosystem. After years of leaning on pricing, upgrades and higher-value services, management is putting more focus on bringing new users into QuickBooks and TurboTax. The swing follows a year when customer additions slowed in important parts of the business.
On the business side, Intuit is widening the entry point with QuickBooks Free and QuickBooks Lite. The idea is to reach entrepreneurs earlier, lower the barrier to entry and build the relationship as their needs expand. Intuit can then monetize those users through payments, payroll, financing and higher-tier accounting products over time.
This matters because Intuit has already shown it can deepen relationships once customers are on the platform. Mid-market revenues grew 39% in fiscal 2026, while business money revenues rose 31%. The next challenge is to rely less on upgrades from existing users and bring more new businesses directly into the franchise.
TurboTax is getting a similar reset. Intuit said that it lost quality DIY customers to lower-cost providers, with price becoming the main reason customers leave. In response, the company plans to sharpen pricing, widen distribution and use AI to simplify filing, even if that means lower revenue per DIY customer initially.
This creates a near-term trade-off. Intuit expects fiscal 2027 revenue growth of 9%-10%, down from 14% in fiscal 2026, as it spends more on customer acquisition and adjusts pricing. At the same time, management is counting on broader platform use to support revenue per customer as those relationships develop.
Intuit’s Peers Sharpen Their Customer Growth PlaybooksH&R Block, Inc. (HRB - Free Report) is taking a similar route by improving client mix, expanding expert-led digital services and using technology to strengthen relationships beyond a single filing season. H&R Block said fiscal 2026 revenues rose 5%. For fiscal 2027, H&R Block is focusing on scaling what works while improving customer outcomes.
BILL Holdings, Inc. (BILL - Free Report) is also trying to deepen its role with small businesses through a broader, AI-enabled finance platform. BILL Holdings ended fiscal 2026 serving nearly 480,000 businesses and is pushing wider use of payments, expense and automation tools. BILL Holdings expects continued core revenue growth as platform adoption expands.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 3.5% over the past three months, underperforming the broader industry but outperforming the S&P 500 composite.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.01X, which is at a discount to the industry average of 6.14X.
Image Source: Zacks Investment Research
Over the past 30 days, estimates for INTU’s fiscal 2027 and 2028 EPS have been revised northward.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Unity Software jumped after announcing day-one support for Meta's next-generation VR headset, but a timely product catalyst and a struggling business are not the same thing, and traders now face the harder question of which one matters more.
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Unity Software (NYSE:U | U Price Prediction) stock rose 5% to $41.56 as traders weighed the company’s newly announced day-one support for Meta VR Glasses. The product news arrives as Unity works to reinforce its role in extended-reality development, though concerns around sales growth and billings still give investors reasons to remain selective.
The broader software group also moved higher. The iShares Expanded Tech-Software Sector ETF (BATS:IGV) gained 1.5% to $106.81, while the SPDR S&P 500 ETF Trust (NYSE ARCA:SPY) added 0.41% to $767.30.
Unity Gains a VR Glasses Catalyst Unity announced immediate engine support for Meta VR Glasses, Meta Platforms’ next-generation virtual-reality device that is expected to reach retail customers in spring 2027. Unity said developers can begin building and testing experiences now, providing more time to prepare titles for the device’s launch.
For existing Quest developers, Unity said projects built with OpenXR can carry forward with minimal changes. The company also highlighted support for eye and hand tracking, quad views rendering that can reduce GPU demands, and spatial-audio tools designed for more immersive experiences.
Unity’s early compatibility could make the engine more attractive to studios planning games, entertainment products, training software, and other immersive applications for Meta VR Glasses. The company said developers can test certain VR Glasses interactions within the Unity Editor before receiving physical hardware.
Meta Alignment Could Matter Meta Platforms (NASDAQ:META) is central to the opportunity because Meta VR Glasses will sit within the same ecosystem as Meta’s existing Quest products. Unity said existing Quest apps can run on VR Glasses from day one, which could reduce development friction for studios already using Unity’s tools.
That compatibility matters because developers typically prefer to reuse assets, workflows, and code across multiple devices when possible. Unity’s product announcement emphasized a single codebase that can support multiple platforms, potentially helping studios reach additional players without rebuilding projects from scratch.
The opportunity, however, depends on adoption after Meta brings VR Glasses to market. Unity may need to demonstrate that developers are using the new tools, launching successful projects, and expanding their subscriptions or platform spending before the announcement becomes a meaningful financial catalyst.
Adobe and Intuit Join the Advance Adobe (NASDAQ:ADBE) stock climbed 3% to $239.37, adding to the software-sector strength. Adobe remains closely associated with creative and document software, making Adobe stock a familiar way for investors to track demand for productivity tools and AI-enhanced workflows.
Intuit (NASDAQ:INTU) stock gained 2% to $273.21 as software names broadly advanced. Intuit operates consumer and business-focused financial software platforms, and Intuit stock can respond to expectations for customer growth, recurring revenue, and operating leverage.
The gains in Adobe stock and Intuit stock helped show that Unity’s move was not occurring in complete isolation. Still, Unity’s 5% rise outpaced both peers and the IGV ETF, suggesting that the Meta VR Glasses news gave traders a company-specific reason to focus on Unity.
Unity Stock: Growth Questions Remain Important The positive product headline does not eliminate the concerns surrounding Unity’s underlying business performance. Recent commentary has pointed to stagnant sales, slower billings growth, and a stock that has remained under pressure despite the latest 5% advance.
Unity’s long-term case may depend on whether new platform support translates into broader Create-segment demand and more durable revenue growth. The company has a clear technical story around VR Glasses, yet investors will likely want evidence that product momentum is producing measurable business results.
For now, Unity stock has a timely catalyst, while Adobe stock and Intuit stock are participating in a broader software-sector rally. Investors should watch for signs that Unity’s VR Glasses support leads to new developer adoption, launch titles, and stronger financial metrics, while keeping position sizes modest given the company’s execution risks.
Contact [email protected] for any questions or corrections.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit is expanding its small business accelerator program and introducing a new cohort ahead of the LA28 Olympic and Paralympic Games.
Intuit (INTU - Free Report) ended the recent trading session at $269.40, demonstrating a -2.32% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.77%. Elsewhere, the Dow saw a downswing of 0.67%, while the tech-heavy Nasdaq depreciated by 0.92%.
Shares of the maker of TurboTax, QuickBooks and other accounting software have depreciated by 22.98% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.26%, and the S&P 500's gain of 0.96%.
Market participants will be closely following the financial results of Intuit in its upcoming release. It is anticipated that the company will report an EPS of $2.46, marking a 26.35% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $4.3 billion, up 10.8% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $23.49 per share and a revenue of $23.39 billion, signifying shifts of -3.21% and +9.06%, respectively, from the last year.
Any recent changes to analyst estimates for Intuit should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.02% higher within the past month. Intuit presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Intuit is presently being traded at a Forward P/E ratio of 11.74. This signifies a discount in comparison to the average Forward P/E of 16.23 for its industry.
Investors should also note that INTU has a PEG ratio of 0.79 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Computer - Software industry had an average PEG ratio of 1.51 as trading concluded yesterday.
The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Choosing between established software leaders requires balancing specialized fintech growth against broad enterprise cloud infrastructure. Investors must decide if Intuit (INTU -0.48%) or Oracle (ORCL -1.75%) offers the better value today.
Intuit dominates the personal tax and small business accounting landscape through its suite of financial tools. Oracle has pivoted from legacy databases to become a major force in cloud infrastructure and enterprise applications. Comparing them helps clarify whether you prefer a consumer-facing fintech powerhouse or an infrastructure backbone for large organizations.
The case for IntuitIntuit focuses on financial technology for consumers and small businesses. Its ecosystem includes well-known brands like TurboTax and QuickBooks, serving roughly 93 million users worldwide. In its latest annual report, filed for FY 2025, the company highlighted how it relies on partnerships with third-party providers such as Amazon (AMZN +0.12%) for cloud services and distributes apps through platforms owned by Apple (AAPL +1.53%).
In FY 2026, revenue reached nearly $21.4 billion, representing a growth rate of approximately 13.9% over the previous year. This expansion helped the company achieve net income of close to $4.6 billion, yielding a net margin of about 21.3%. Net margin is a profitability ratio that shows what percentage of revenue remains as profit after all expenses are paid.
As of its July 2026 balance sheet, Intuit maintained a debt-to-equity ratio of roughly 0.4x. This ratio compares total debt to shareholder equity, with lower values typically indicating less reliance on borrowing. The current ratio was about 1.5x, which measures the ability to cover short-term debts with liquid assets. Free cash flow reached approximately $8.6 billion, though stock-based compensation represented roughly 23.3% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
The case for OracleOracle provides a wide range of solutions among tech stocks, ranging from enterprise software to infrastructure services. Its business increasingly revolves around Oracle Cloud Infrastructure and cloud applications, serving government agencies and businesses in over 145 countries. In its latest annual report, the company noted strategic multicloud partnerships for interoperability with major competitors like Microsoft (MSFT +3.66%).
For FY 2026, the company reported revenue of close to $67.4 billion, a 17.4% increase compared to the prior year. Net income for the period was approximately $17.1 billion, resulting in a net margin of roughly 25.4%. This indicates a high level of profitability relative to its total sales volume over the fiscal period.
On its May 2026 balance sheet, Oracle reported a debt-to-equity ratio of nearly 3.7x. This indicates that total debt is significantly higher than the value of shareholder equity, reflecting a more leveraged position. The current ratio was approximately 1.1x, while free cash flow was a negative $23.7 billion due to heavy capital spending required to build out data centers.
Risk profile comparisonIntuit faces intense competition from both large technology firms and low-cost tax software alternatives that might use artificial intelligence to disrupt traditional models. Its business is highly seasonal, with a significant portion of revenue tied to the U.S. tax season from November to April. Furthermore, the company manages sensitive financial data, making it a constant target for cyberattacks and data privacy concerns.
Oracle deals with significant risks regarding data privacy and recently faced a $115 million settlement related to its data broker activities. The company also faces stiff competition from industry leaders like Salesforce (CRM -1.76%) and SAP (SAP +0.75%) in the enterprise software market. Additionally, heavy reliance on sole-source suppliers for critical hardware components like AI accelerators creates potential vulnerabilities in its supply chain.
Valuation comparisonIntuit appears to trade at a lower P/S ratio and Forward P/E than Oracle based on sales over the past twelve months and future earnings estimates. The P/S ratio measures market value against sales over the past twelve months, while the Forward P/E compares price to future earnings estimates.
MetricIntuitOracleForward P/E12.0x16.9xP/S ratio3.5x5.5xValuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
I'd go with Oracle, though this is a more complicated pick than it first appears. Cloud infrastructure revenue more than doubled in the most recent quarter, total revenue grew at its fastest pace in years, and a backlog exceeding $600 billion signals demand stretching well into the future. Oracle is undoubtedly becoming one of the most important AI infrastructure companies in the world.
But it is worth understanding what comes with that. Oracle is spending aggressively to build data centers, which has pushed free cash flow negative and added significant debt to the balance sheet. A heavy reliance on OpenAI as a key customer adds concentration risk that investors should not overlook.
Intuit crossed $20 billion in annual revenue for the first time in the most recent quarter and keeps beating estimates. But slower growth guidance for the year ahead and valid concerns about AI disrupting its core tax and accounting businesses create uncertainty that is hard to dismiss.
Both stocks carry real risks. But Oracle's upside feels larger if the AI infrastructure build-out plays out as expected, and right now that's the better bet for a patient investor with a long horizon.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
A month has gone by since the last earnings report for Intuit (INTU - Free Report) . Shares have lost about 17.1% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Intuit due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
Intuit Q4 Earnings & Revenues Beat on Online GrowthIntuit delivered fourth-quarter fiscal 2026 non-GAAP earnings of $4.03 per share, which jumped 46.5% year over year and beat the Zacks Consensus Estimate of $3.59. Revenues rose 13.7% to $4.35 billion, topping the $4.27 billion estimate.
QuickBooks Online Accounting benefited from higher effective prices, customer growth and mix shift. Total online payment volume, including bill pay, increased 32%, highlighting continued adoption of Intuit’s money offerings.
INTU's Online Ecosystem Carries Business GrowthGlobal Business Solutions revenues reached $3.42 billion, up 14% year over year. Online Ecosystem revenues increased 17% to $2.60 billion. QuickBooks Online Accounting revenues advanced 20% to $1.32 billion, while Online Services revenues rose 15% to $1.28 billion.
Money and payroll drove Online Services growth. Within money, payments, capital and bill pay contributed to the increase. QuickBooks Capital loan volume rose 54% to $1.9 billion, while Online Ecosystem revenues from QuickBooks Online Advanced and Intuit Enterprise Suite climbed 38%.
Intuit's Customer Push Broadens the Growth FunnelTotal online paying customers increased 3% at the end of fiscal 2026, about two percentage points below the prior year’s growth rate. U.S. QuickBooks Online customers, excluding Self-Employed, rose 6%, sharpening management’s focus on accelerating new-to-the-franchise additions.
QuickBooks Free and QuickBooks Lite are central to that effort. Intuit said more than 20,000 customers were actively using QuickBooks Free or had converted to paid offerings as of the prior month. Intuit Enterprise Suite annualized revenues also surpassed $145 million in the fourth quarter, four times the year-ago level.
INTU's Consumer Mix Shows Assisted StrengthConsumer segment revenues were $930 million, up 14% year over year. TurboTax revenues increased 3% to $153 million, Credit Karma revenues climbed 16% to $743 million, and ProTax revenues rose 6% to $34 million.
Credit Karma growth was driven by personal loans, auto insurance and credit cards. For fiscal 2026, TurboTax Live revenues grew 37%, and customers increased 38%. Management is reshaping the DIY tax model after losing quality customers to lower-cost providers, with a more competitive price-value equation aimed at rebuilding the customer funnel.
Intuit's Profitability Absorbs Restructuring CostsGAAP operating income increased to $475 million from $339 million a year ago. Non-GAAP operating income jumped 42.5% to $1.45 billion, while the non-GAAP operating margin expanded to 33.3% from 26.5%.
Total costs and expenses rose 11.1% to $3.88 billion. The quarter included a $293 million restructuring charge. Research and development expense increased to $857 million from $801 million, while selling and marketing expense edged up to $1.26 billion from $1.25 billion.
INTU's Capital Returns Stay ElevatedIntuit ended fiscal 2026 with $7.2 billion in cash and investments and $7.7 billion of debt. The company repurchased $2.1 billion of stock in the fourth quarter, up 179% year over year. Full-year repurchases totaled $5.5 billion, helping reduce weighted-average shares outstanding by 2%.
The board approved a quarterly dividend of $1.38 per share, up 15% year over year, and Intuit retained $7.9 billion of repurchase authorization. Full-year operating cash flow increased to $8.84 billion from $6.21 billion. The company also issued $1.75 billion of senior notes in June to strengthen liquidity ahead of fiscal 2027 debt maturities.
Intuit’s Fiscal 2027 GuidanceFor fiscal 2027, Intuit expects revenues of $23.28 billion to $23.51 billion, implying growth of 9% to 10%. Global Business Solutions revenues are projected to rise 13% to 14%, while Consumer revenues are expected to grow 4% to 6%. TurboTax growth is forecast at 2% to 3%, Credit Karma at 11% to 13% and Mailchimp between down 1% and flat.
Under the revised non-GAAP definition that includes share-based compensation, fiscal 2027 earnings are projected at $22.88 to $23.12 per share, representing growth of 23% to 24%. For the first quarter, revenues are expected at $4.29 billion to $4.31 billion, up about 11%, with non-GAAP earnings of $2.44 to $2.48 per share.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.
VGM ScoresAt this time, Intuit has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Following the exact same course, the stock was allocated a score of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Intuit has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Intuit has shed more than half its value while peers like ADP and Paychex held steady or climbed, leaving analysts split on whether a cratered franchise is a generational buying opportunity or the first casualty of an AI disruption nobody…
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Intuit (NASDAQ:INTU | INTU Price Prediction) currently trades near $292.35 while the consensus Wall Street price target sits at $405.60, an implied upside of roughly 38.7%.
Intuit runs TurboTax, QuickBooks, Credit Karma, and Mailchimp. The bull case rested on pricing power layered atop AI. In 2026 that flipped: investors now fear autonomous AI agents will perform tax and bookkeeping work Intuit charges for.
The gap between price and target is stark. A mega-cap software franchise trades like a broken growth story, even as analysts model a return to the low $400s.
Agentic AI Panic Cut Intuit Roughly In Half Intuit shares are down 55.44% year to date and sit about 58% below the 52-week high of $696.14. That qualifies as a full-blown crash, and it happened even though the fundamentals kept beating estimates.
The trigger was fiscal 2027 guidance with Q4 results. Management guided to 9% to 10% revenue growth, down from FY26’s 13.9%, and disclosed online paying customer growth slowed to 3%. CEO Sasan Goodarzi said “price is now the number one reason customers leave TurboTax” and that Intuit is “deliberately accepting lower initial DIY tax ARPC” to compete against lower-cost AI-native rivals.
A 17% workforce reduction and $293 million restructuring charge in Q4 signaled a defensive posture. Securities class action filings with a September 8, 2026 lead-plaintiff deadline weighed on sentiment.
Mizuho’s $430 Call And Why 35 Analysts Haven’t Bailed Siti Panigrahi at Mizuho Securities trimmed his target from $500 to $430 but reiterated Outperform, implying roughly 47% upside. His thesis: accelerating QuickBooks Online Advanced adoption, GenAI monetization through Intuit Assist, and Credit Karma as a cross-sell funnel for financial services.
The broader analyst community has moved lower on estimates but not on conviction. 5 Strong Buy, 16 Buy, 12 Hold, 1 Sell, and 1 Strong Sell ratings still tilt the book positive. Fiscal 2027 EPS estimates have been cut hard, with 24 downward revisions against 5 upward in the last 30 days, pulling the consensus to $23.9420. Yet the median target of $405.60 sits far above the current price, meaning analysts have re-based earnings while holding the multiple.
Catalysts include QuickBooks Online paying-customer reacceleration, monetization of Intuit Enterprise Suite, whose annualized revenue crossed $145 million and grew 4x year over year, and evidence the DIY funnel rebuilds in the coming tax season. Goodarzi said with agentic AI, “we will be the disruptor.” Whether that plays out in fiscal 2027 or slips to fiscal 2028 is the ballgame.
Intuit fell alone. Comparable US-listed names in payroll, HCM, and tax prep held up or rose year to date, making the Intuit selloff highly company-specific.
Automatic Data Processing (NASDAQ:ADP) trades at $269.64, up 7.15% year to date, versus a $287.60 target. That is roughly 6.7% upside, with 4 Buy, 12 Hold, and 2 Sell ratings. Wall Street sees ADP as fully priced.
Paychex (NASDAQ:PAYX) sits at $114.53, up 5.58% year to date, against a $121 target for roughly 5.6% upside. Ratings are cautious at 2 Buy, 11 Hold, and 5 Sell.
H&R Block (NYSE:HRB) trades at $42.86, roughly flat on the year, against a $51.67 target for about 20.6% upside. Coverage is thin at 1 Strong Buy, 3 Hold, and 1 Sell.
Intuit carries by far the largest implied upside among peers. The market has re-rated it as if disruption is unique to its business.
A Cratered Stock In A Rising Market Intuit trades at $292.35, off 57.88% over the past year and 20.34% in the past month alone. Over the same year, the S&P 500 has advanced 15.99%, and it is up 13.42% year to date. That divergence is the whole story.
The consensus target of $405.60 implies roughly 38.7% upside, and Mizuho’s $430 stretches that to about 47%. Intuit trades at a trailing P/E near 18 and forward multiple near 13, unusual for a business posting $21.448 billion in full-year revenue and $24.27 non-GAAP EPS.
Fiscal 2026 delivered a fifth straight EPS beat, $5.5 billion in buybacks, and a 15% dividend hike to $1.38 quarterly. Insider activity is net buying.
Bull And Bear Scenarios For Intuit From Here The bull case holds if management’s fiscal 2027 reset is genuine offensive repositioning, with QuickBooks Online Advanced and Intuit Enterprise Suite reaccelerating paying-customer growth into the high single digits by fiscal 2028. At a forward multiple near 13 on a franchise growing double digits with fortress cash flow, that outcome supports analyst targets.
The bear case dominates if agentic AI proves structural. If lower-cost AI-native competitors keep peeling away DIY filers and 24 downward EPS revisions in the last 30 days are just the first cut, then $405 is a mirage.
The peer group’s resilience says the market is punishing Intuit specifically. The balance sheet and buyback pace give management runway. Risk/reward skews constructive given peer resilience and the balance sheet, though volatility remains elevated for a stock that has already lost half its value in a year.
Contact [email protected] for any questions or corrections.
Intuit Inc. (NASDAQ:INTU) shares are slipping Tuesday as traders lean into a risk-off move in the stock, with enterprise software names broadly under pressure amid growing questions about whether Meta’s new Muse AI agent could reduce demand for legacy software offerings.
Intuit stock is taking a hit today. What’s behind INTU decline? Intuit Drops Sharply Despite a Constructive Broader MarketToday’s decline looks out of step with the rest of the market. The Nasdaq is up 0.66% and the S&P 500 has added 0.08%, and Technology stocks as a group are higher by 0.55%. Seven sectors are advancing against just four declining, a backdrop that points to something specific to Intuit driving the move rather than a broader risk-off wave.
Intuit’s own chart may offer a clue. Shares have slid considerably over the trailing 12 months, and traders have periodically used bounces back toward the stock’s moving averages as chances to lighten positions rather than buy in. Today’s weakness looks consistent with that same pattern playing out again.
Muse Partnerships Raise Questions About Legacy Software DemandSeparately, a wave of new deals connecting Meta Platforms Inc.’s (NASDAQ:META) recently launched Muse AI agent to online shopping and checkout tools has investors rethinking how much business legacy software platforms might lose if AI agents start handling more day-to-day tasks on their own.
PayPal Holdings Inc. (NASDAQ:PYPL) disclosed its own arrangement with Meta this week, saying the setup would let customers “seamlessly shop and check out using their Muse personal AI agents” anywhere PayPal is accepted.
Shopify Inc. (NASDAQ:SHOP) shares climbed too after revealing a comparable partnership, linking its merchant base directly into Muse so buyers can finish transactions through Shop Pay, the company’s streamlined one-click payment system. Shopify chief executive Tobias Lütke described the goal as making the Muse shopping experience “easy and delightful.”
Meta chief executive Mark Zuckerberg confirmed the news on X, framing it as a way to help both shoppers and merchants while hinting that additional similar partnerships are on the way. Since these deals push commerce and payment activity through Meta’s own AI system rather than relying on dedicated third-party software, some investors appear to be weighing whether companies like Intuit could see less demand for their standalone tools as more everyday tasks shift toward agentic AI.
Wall Street Remains Bullish Despite Today’s DropDespite today’s selloff, Intuit carries an overall Buy rating on Wall Street, with an average price target of $378. Recent analyst actions include Evercore ISI maintaining an Outperform rating with a $400 target on September 18, Mizuho maintaining an Outperform rating with a $430 target that same day, and Stifel maintaining a Hold rating with a $300 target, also on September 18.
INTU Shares Are SlippingINTU Price Action: Intuit shares were down 4.79% at $289.56 at the time of publication on Tuesday, according to Benzinga Pro.
Key Takeaways Intuit's Big Bets made up about 30% of fiscal 2026 revenues and grew more than 30% year over year.Assisted Tax rose 37% to $2.8B, while Mid-Market revenues jumped 39% to $1.6B in fiscal 2026.Intuit sees a $300B-plus addressable market, but fiscal 2026 new-customer growth missed expectations. Intuit Inc. (INTU - Free Report) is trying to make three businesses a larger part of its revenue mix. Assisted Tax, Money and Mid-Market, which Intuit calls its “Big Bets,” represented about 30% of fiscal 2026 revenues and grew more than 30% year over year. Since fiscal 2023, these businesses have compounded above 30% annually versus 14% for revenues.
The growth is broad-based. Assisted Tax revenues rose 37% to $2.8 billion, while customers increased 38% to 13 million. Business Money revenues climbed 31% to $1.8 billion, Consumer Money revenues increased 26% to $600 million, and Mid-Market revenues jumped 39% to $1.6 billion as customers grew 28% to 449,000.
Intuit sees room to expand. Management estimates a total addressable market above $300 billion with 7% penetration. This includes $97 billion in small business, $89 billion in mid-market and $142 billion in consumer opportunities.
AI is central to scaling these businesses. Intuit says its platform draws on data from 82 million consumers, 10 million businesses and 650,000 accountants. Its AI agents can use more than 60 large language models and 100-plus Intuit AI skills, while human expertise remains part of workflows requiring accuracy and compliance.
However, the pressure point is customer acquisition. Intuit said fiscal 2026 new-customer growth fell short of expectations, with TurboTax IRS e-file share down one point and DIY share down three points. For fiscal 2027, management expects revenue growth of 9%-10% and Global Business Solutions growth of 13%-14% while investing to widen customer entry points and keep scaling the Big Bets.
Intuit’s Peers Scale AI, Tax & Small-Business Growth EnginesH&R Block (HRB - Free Report) is pairing expert-led tax preparation with AI to deepen its core franchise. H&R Block’s fiscal 2026 revenues rose 4.9% to $3.95 billion, while AI Tax Assist handled 4.1 million client messages, up 88%. With fiscal 2027 revenues guided to $4.11-$4.16 billion, H&R Block is scaling technology alongside experts.
Paychex (PAYX - Free Report) is scaling AI across payroll and HR, with WISE moving from launch to adoption. Paychex fiscal 2026 revenues rose 17% to $6.51 billion. As of Aug. 31, more than 50,000 businesses were using WISE. Paychex also reported that nearly 90% of flagged time and pay-rate errors were corrected before payroll processing.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 17.6% over the past three months, underperforming the broader industry but outperforming the S&P 500 composite.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.42X, which is at a discount to the industry average of 6.06X.
Image Source: Zacks Investment Research
INTU’s estimates for both fiscal 2027 and 2028 have been revised southward over the past month.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Intuit is making AI central to growth after fiscal 2026 revenue rose 14% and Big Bets topped 30% growth.Intuit reported 40% higher coding velocity, with 70% of merged pull requests supported by AI.Intuit expects fiscal 2027 revenue of $23.28-$23.51 billion, implying growth of 9-10%. Intuit Inc. (INTU - Free Report) is making artificial intelligence central to its next phase of growth. The company says its AI strategy rests on proprietary financial data, industry expertise and human support. The push comes after fiscal 2026 revenues rose 14%, while its three “Big Bets” grew more than 30% and reached 30% of total revenues.
The scale behind Intuit Intelligence is notable. Intuit says its platform draws on more than 40 years of data covering 82 million consumers, 10 million businesses and 650,000 accountants. It cites about 70,000 data points per consumer and 625,000 per business, giving its AI tools financial context across taxes, payments, payroll and accounting.
Intuit is also using AI to change how products are built. The company reported a 40% increase in coding velocity, with 70% of merged pull requests AI-assisted. It aims to double product-development lifecycle velocity by the end of fiscal 2027, potentially allowing faster releases across QuickBooks, TurboTax and other platforms.
However, the growth challenge is customer acquisition. In fiscal 2026, TurboTax’s IRS e-file share fell one point, DIY tax share dropped three points, and business-platform online paid customers grew 4%, two points slower than a year earlier. Intuit plans to use AI-driven products and new entry points to reach more customers while expanding usage among existing ones.
For fiscal 2027, Intuit reaffirmed revenue guidance of $23.28 billion to $23.51 billion, implying 9-10% growth. GAAP EPS is expected to be $20.12-$20.36, up 22-24%. Investors need to watch whether AI-led product gains translate into customer growth without slowing margin progress.
Intuit’s Peers Push AI Deeper Into Financial WorkflowsH&R Block (HRB - Free Report) is pairing AI with human tax expertise as competition in digital filing intensifies. H&R Block said fiscal 2026 revenues rose 4.9% to $3.95 billion, while AI Tax Assist handled 4.1 million messages, up 88%. H&R Block expects fiscal 2027 revenue of $4.11-$4.16 billion as adoption continues to expand.
Paychex (PAYX - Free Report) is pushing AI deeper into payroll and HR through its WISE Workforce Intelligence Engine, launched across its HCM platforms. Paychex reported fiscal 2026 revenues of $6.51 billion, up 17%, with adjusted EPS rising 11%. Paychex expects fiscal 2027 revenue growth of 5-6% and adjusted EPS growth of 7-9%, respectively.
INTU’s Price Performance, Valuation and EstimatesShares of Intuit have gained 17.3% over the past three months, underperforming the broader industry but outperforming the S&P 500 composite.
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In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 3.53X, which is at a discount to the industry average of 6.15X.
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INTU’s estimates for fiscal 2027 have been revised southward over the past month. However, the same for fiscal 2028 has been revised marginally upward over the past week.
Image Source: Zacks Investment Research
Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite, reiterated its financial guidance for the first quarter and full year fiscal 2027 in conjunction with its Investor Day. The event is being held today at the company's Mountain View, CA headquarters and begins at 8:00 a.m. PT. "Intuit is creating the future of financial intellig.
From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend PayoutsIntuit NASDAQ: INTU used its 2026 Investor Day to outline a strategy centered on scaling its AI-driven “Intuit Intelligence” platform, expanding its mid-market and assisted-tax businesses, and restoring new customer growth after falling short of internal targets in fiscal 2026.
Chairman and CEO Sasan Goodarzi said the company delivered strong overall results, supported by its three major growth bets: assisted tax, money benefits and mid-market offerings. Together, those businesses account for about 30% of Intuit’s revenue and are growing about 30%, he said. However, Intuit did not meet its new-customer targets, particularly in do-it-yourself tax filing and its core QuickBooks Online business.
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MarketBeat Week in Review – 08/24 - 08/28“We fell short of our new customer targets, which impacted our tax performance,” Goodarzi said. “While we gained share in assisted tax, where we lost share was in DIY, and we lost quality DIY customers. The number one reason why customers left us was price.”
AI platform and customer-growth priorities Goodarzi described Intuit Intelligence as a financial system of intelligence built on permissioned customer data, financial and industry expertise, and AI and human-intelligence capabilities. The company said it has data on 10 million businesses, averaging more than 625,000 data points per business.
Intuit’s Earnings Reset May Be More Pivot Than PlungeIntuit plans to make most of its DIY tax-preparation experience AI-native for the coming tax season. Under that approach, AI would gather data, prepare tax returns and answer customer questions, while customers review and approve outcomes. In assisted tax, Intuit plans to use AI to automate preparation work while tax experts review, sign and take accountability for returns.
Chief Technology Officer Alex Balazs said Intuit has integrated with more than 60 large language models and uses different AI models, traditional machine learning, deterministic code and human oversight depending on the task. He said Intuit’s product-development transformation improved coding velocity by 40% during its first 90 days while reducing failure rates by 31%.
Balazs also said 70% of Intuit’s code pull requests were delivered by AI and that the company is on pace to double development velocity by the end of the fiscal year.
The company identified two main priorities: scaling its existing growth bets and accelerating new-customer acquisition. Intuit plans to broaden entry points through offerings including QuickBooks Free, QuickBooks Lite, money-related front doors, expanded local presence and partnerships with large language model providers.
Business platform targets mid-market, payments and accountants Ashley Still, executive vice president and general manager of Intuit’s Small Business and Mid-Market Group, said the business platform grew nearly 18% to nearly $12 billion in fiscal 2026. Mid-market revenue and money-related offerings each grew more than 30%, she said.
David Hahn, executive vice president and general manager of Intuit’s Services Group, said Intuit ended the fiscal year with nearly 8 million online paid customers, up 4% year over year, while retention remained at 83%. He said Intuit’s online-services revenue grew 24%, including 31% growth in its money portfolio and 17% growth in workforce solutions.
Intuit said it will seek to gain customers through lower-friction offerings aimed at businesses that do not yet use financial-management software. In the first six months after launch, 20,000 customers were actively using QuickBooks Free, converting to paid offerings or using payments services, Hahn said.
Payments and bill-pay volume totaled $229 billion, up 30%. Payroll volume totaled $355 billion. Bill-pay volume reached $54 billion, up 89% year over year. Capital loan volume reached $7 billion, up 75% year over year. Still said mid-market revenue rose 39% and customer growth rose 28% in fiscal 2026. Intuit Enterprise Suite reached nearly $150 million in annualized revenue, a fourfold increase from the prior year. The company plans to expand industry-specific offerings, beginning with construction and extending to manufacturing and nonprofit organizations.
Intuit also emphasized accountants as direct customers rather than solely channel partners. Its Intuit Accountant Suite has been adopted by more than 150,000 accounting firms, according to the company. More than 70% of mid-market businesses work with an external accountant, and 25% of new Intuit Enterprise Suite contracts came from accountant referrals during the year.
The company’s business platform is expected to generate compound annual revenue growth of 10% to 15% over the next three years.
Consumer strategy focuses on Credit Karma and tax share Mark Notarainni, executive vice president and general manager of Intuit’s Consumer Group, said consumer revenue grew 11% to $8.6 billion in fiscal 2026. Intuit lost one point of IRS e-file share, reflecting weaker-than-needed growth in its DIY tax franchise.
The company plans to position Credit Karma as a year-round entry point for money, tax and personal-finance services. Intuit reported 37.4 million platform customers, up 2%, and average revenue per platform customer of $198, up 11%.
To attract price-sensitive filers, Intuit is expanding Credit Karma Tax, which offers federal filing at no charge and state returns for $15, with no interruptive upsells. The company said a tax-year 2025 pilot generated 80% customer incrementality, meaning most customers would otherwise have been lost, while 34% of Credit Karma Tax Gen Z customers were new to the Credit Karma platform.
Intuit also plans to expand assisted tax through AI-native service experiences, transparent pricing and a local-market expansion of more than 30%. The company said nearly 25% of its full-service tax growth came from a $150 transparent-price offer, while assisted-tax share nearly doubled in fiscal 2026.
The consumer platform is expected to grow revenue at a 4% to 8% compound annual rate over the next three years.
Financial outlook and capital returns CFO Sandeep Aujla said Intuit’s total revenue increased 14% in fiscal 2026 to more than $21 billion. GAAP operating income and earnings per share each grew 20%, while the company returned nearly 80% of its cash flow to shareholders through dividends and repurchases.
For fiscal 2027, Intuit reaffirmed guidance for companywide revenue growth of 9% to 10%. The business platform is expected to grow 13% to 14%, while the consumer platform is expected to grow 4% to 6%. TurboTax revenue is forecast to rise 2% to 3%, and Credit Karma revenue is expected to increase 11% to 13%.
Intuit expects GAAP margin expansion of 440 basis points and non-GAAP margin expansion of 260 basis points in fiscal 2027. The company also declared a 15% dividend increase and said buybacks would continue to play a meaningful role in its capital-allocation strategy.
Separately, Intuit said that effective Aug. 1, 2026, Mailchimp became a separate reportable segment and share-based compensation is no longer excluded from non-GAAP financial measures. Prior-period measures were revised to reflect those changes.
About Intuit (NASDAQ:INTU)Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.
Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
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