Intuit (NASDAQ:INTU) Issues FY 2026 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 22.980-23.180 for the period, compared to the consensus earnings per share estimate of 20.810. The company issued revenue guidance of $21.0 billion-$21.2 billion, compared to the consensus revenue estimate of $21.2 billion. Intuit also updated its Q3 2026 guidance to 12.450-12.510 EPS.

Intuit Price Performance

Shares of INTU traded up $13.19 during trading hours on Thursday, reaching $394.42. The stock had a trading volume of 9,717,382 shares, compared to its average volume of 4,029,164. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. Intuit has a 12 month low of $349.00 and a 12 month high of $813.70. The stock has a market capitalization of $109.76 billion, a PE ratio of 26.96, a PEG ratio of 1.47 and a beta of 1.24. The company’s 50-day moving average is $536.83 and its two-hundred day moving average is $621.70.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BMO Capital Markets cut their price target on Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 10th. Evercore reiterated an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Susquehanna reduced their target price on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a report on Tuesday. UBS Group set a $739.00 price target on shares of Intuit in a research note on Tuesday, January 6th. Finally, TD Cowen reduced their price objective on shares of Intuit from $802.00 to $658.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given 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 $726.18.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Quarterly results beat consensus on revenue and EPS, with management highlighting solid underlying demand and cash flow; the company’s press release/earnings report is available here. Intuit Press Release
• Positive Sentiment: Intuit raised its FY‑2026 EPS guidance well above consensus (EPS range ~22.98–23.18 vs. ~20.81 consensus), signaling stronger full‑year profitability expectations (management also issued updated Q3 guidance that investors view as mixed).
• Positive Sentiment: The board declared a cash dividend, a signal of capital‑return confidence that can support the stock’s valuation. Intuit Board Declares Cash Dividend
• Neutral Sentiment: Partnership with Anthropic (custom AI agents) continues to underpin a longer‑term AI narrative for Intuit’s products (QuickBooks, TurboTax, Credit Karma) and helped calm some investor AI fears. Intuit partners with Anthropic
• Negative Sentiment: Management issued a softer near‑term (Q3) outlook and warned of higher marketing costs during peak tax season, which pressured sentiment despite the quarter’s beat. Intuit Logs Higher Second‑Quarter Profit, Gives Soft Third‑Quarter Outlook
• Negative Sentiment: Mounting analyst caution and a few price‑target cuts/downgrades have added downward pressure on the stock in recent sessions. Susquehanna Lowers Intuit Price Target
• Negative Sentiment: Short interest has risen and insiders/institutional shifts (documented selling activity) have increased market volatility and the potential for short‑term downside. Quiver Quant: INTU Stock Falls on Q2 Earnings

Institutional Trading of Intuit

Several hedge funds have recently modified their holdings of the stock. Nicholas Hoffman & Company LLC. acquired a new position in Intuit during the 1st quarter valued at about $785,564,000. CIBC Private Wealth Group LLC boosted its position in shares of Intuit by 811.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 457,562 shares of the software maker’s stock valued at $303,098,000 after buying an additional 407,375 shares during the last quarter. FIL Ltd grew its holdings in Intuit by 53.6% during the fourth quarter. FIL Ltd now owns 1,125,878 shares of the software maker’s stock worth $745,804,000 after buying an additional 392,848 shares in the last quarter. Viking Global Investors LP purchased a new stake in Intuit in the 3rd quarter valued at $180,381,000. Finally, AQR Capital Management LLC lifted its stake in Intuit by 88.2% during the 3rd quarter. AQR Capital Management LLC now owns 561,583 shares of the software maker’s stock valued at $383,511,000 after acquiring an additional 263,198 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit Company Profile

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.