Intuit (NASDAQ:INTU) Issues FY 2027 Earnings Guidance

Intuit (NASDAQ:INTUGet Free Report) updated its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 22.880-23.120 for the period, compared to the consensus earnings per share estimate of 26.040. The company issued revenue guidance of $23.3 billion-$23.5 billion, compared to the consensus revenue estimate of $23.7 billion. Intuit also updated its Q1 2027 guidance to 2.440-2.480 EPS.

Intuit Stock Down 3.4%

Shares of INTU opened at $357.46 on Wednesday. The firm has a 50 day simple moving average of $302.38 and a two-hundred day simple moving average of $357.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit has a one year low of $252.84 and a one year high of $705.08. The company has a market cap of $97.78 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.16 and a beta of 0.97.

Intuit (NASDAQ:INTUGet Free Report) last issued its quarterly earnings results 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. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter last year, the company posted $2.75 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Intuit will post 18.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

INTU has been the subject of a number of research reports. KeyCorp dropped their target price on shares of Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. HSBC cut their price objective on Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Mizuho reduced their price objective on Intuit from $500.00 to $430.00 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Royal Bank Of Canada cut their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Finally, Piper Sandler restated an “underweight” rating and set a $250.00 price target on shares of Intuit in a report on Wednesday, August 19th. Twenty research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $449.65.

Check Out Our Latest Stock Analysis on INTU

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,239 shares of company stock valued at $348,354 over the last quarter. Insiders own 2.49% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Intuit reported fiscal Q4 revenue of $4.35 billion, up 13.7% year over year and above the $4.27 billion consensus estimate. Adjusted earnings of $4.03 per share also exceeded expectations of approximately $3.58, while fiscal 2026 revenue reached $21.45 billion. Intuit fiscal fourth-quarter earnings report
  • Positive Sentiment: The board approved a quarterly dividend of $1.38 per share, and Intuit repurchased approximately $5.5 billion of stock during fiscal 2026, providing shareholder returns and potential support for earnings per share. Intuit dividend announcement
  • Neutral Sentiment: Management said it is prioritizing customer acquisition and market-share gains, including a better price-value proposition, which could support longer-term growth but may reduce near-term revenue and margins.
  • Neutral Sentiment: Intuit highlighted adoption of its AI tools, with 75% of enterprise customers reportedly using AI agents monthly. However, management also acknowledged growing AI competition, making the technology strategy an important execution risk. Intuit AI customer adoption
  • Negative Sentiment: Fiscal 2027 revenue guidance of $23.28 billion to $23.51 billion implies slower growth of roughly 9% to 10%, below Wall Street expectations. Adjusted EPS guidance of $22.88 to $23.12 also fell well short of the supplied consensus estimate of $26.04; first-quarter guidance was similarly below expectations. Reuters report on Intuit’s annual forecast
  • Negative Sentiment: Cost-conscious customers are leaving TurboTax because of pricing, while TurboTax revenue grew only 3% in the quarter. The CEO said Intuit is working on lower-cost offerings, but that strategy could pressure near-term sales. MarketWatch report on TurboTax pricing
  • Negative Sentiment: Mailchimp is being reported as a separately disclosed business with an outlook for zero growth, adding to concerns about Intuit’s slowing expansion and competitive position. Multiple law firms have also announced securities lawsuits tied to alleged disclosures about TurboTax, AI growth and competitive risks, creating an additional overhang.

Institutional Investors Weigh In On Intuit

Institutional investors have recently modified their holdings of the company. Intesa Sanpaolo Wealth Management acquired a new position in Intuit in the fourth quarter valued at $25,000. Birchwood Financial Partners Inc. acquired a new stake in Intuit during the 4th quarter worth about $33,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Intuit in the 3rd quarter worth about $33,000. Greenline Wealth Management LLC acquired a new position in shares of Intuit in the 4th quarter valued at about $45,000. Finally, Rakuten Securities Inc. lifted its stake in shares of Intuit by 362.5% in the 2nd quarter. Rakuten Securities Inc. now owns 74 shares of the software maker’s stock valued at $58,000 after purchasing an additional 58 shares during the period. 83.66% of the stock is owned by institutional investors.

About Intuit

(Get Free Report)

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.

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