Intuit (NASDAQ:INTU) Releases Q2 2026 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.630-3.680 for the period, compared to the consensus EPS estimate of 3.240. The company issued revenue guidance of $4.5 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion.

Intuit Stock Down 2.0%

Shares of Intuit stock traded down $13.18 during trading on Thursday, reaching $637.44. The company’s stock had a trading volume of 2,499,652 shares, compared to its average volume of 1,814,498. Intuit has a 1-year low of $532.65 and a 1-year high of $813.70. The company has a 50-day simple moving average of $666.42 and a two-hundred day simple moving average of $707.07. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. The company has a market cap of $177.72 billion, a price-to-earnings ratio of 46.39, a P/E/G ratio of 2.53 and a beta of 1.25.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.24. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts forecast that Intuit will post 14.09 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on INTU. Barclays reduced their target price on Intuit from $815.00 to $785.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. KeyCorp dropped their target price on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Oppenheimer increased their price target on Intuit from $742.00 to $868.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. UBS Group decreased their price objective on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. dropped their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $799.35.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,170 shares of the firm’s stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the completion of the sale, the chief financial officer owned 1,295 shares in the company, valued at approximately $876,792.70. This trade represents a 47.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $664.99, for a total transaction of $351,779.71. Following the transaction, the director directly owned 6,162,547 shares of the company’s stock, valued at approximately $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,407 shares of company stock valued at $1,614,913. Insiders own 2.68% of the company’s stock.

Institutional Investors Weigh In On Intuit

Several hedge funds have recently modified their holdings of INTU. Brighton Jones LLC boosted its position in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit in the 1st quarter valued at $785,564,000. Sivia Capital Partners LLC grew its stake in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the period. Finally, Florida Financial Advisors LLC grew its stake in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after buying an additional 51 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.