Intuit (NASDAQ:INTU) Updates FY 2027 Earnings Guidance

Intuit (NASDAQ:INTU) updated its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 22.880-23.120 for the period, compared to the consensus EPS 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 Performance

INTU stock traded down $12.46 during trading on Tuesday, reaching $357.46. The stock had a trading volume of 5,611,947 shares, compared to its average volume of 4,333,711. The firm has a market cap of $97.78 billion, a PE ratio of 21.65, a PEG ratio of 1.15 and a beta of 0.97. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average is $300.85 and its two-hundred day moving average is $358.61. Intuit has a 52 week low of $252.84 and a 52 week high of $705.08.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on INTU shares. TD Cowen reiterated a “buy” rating on shares of Intuit in a research note on Tuesday, August 18th. UBS Group restated a “neutral” rating on shares of Intuit in a research report on Tuesday, August 18th. Daiwa Securities Group reduced their target price on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Argus decreased their price target on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Finally, BMO Capital Markets dropped their price target on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and a consensus target price of $449.65.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,239 shares of company stock valued at $348,354 over the last 90 days. 2.49% of the stock is owned by company insiders.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts expect continued growth, with consensus estimates calling for earnings of roughly $3.58–$3.59 per share, supported by momentum in QuickBooks, Credit Karma and Intuit’s artificial-intelligence initiatives. Intuit to Report Q4 Earnings: What Should Investors Do?
• Positive Sentiment: An Intuit AI executive said the future of finance is moving toward real-time, continuously updated insights rather than monthly reporting, highlighting potential longer-term opportunities for the company’s software platform. Intuit AI expert says future of finance is real-time, not monthly

Institutional Investors Weigh In On Intuit

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTU. Intesa Sanpaolo Wealth Management purchased a new position in Intuit during the fourth quarter valued at approximately $25,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Intuit in the fourth quarter worth $33,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit in the third quarter worth $33,000. Greenline Wealth Management LLC bought a new stake in shares of Intuit during the 4th quarter valued at $45,000. Finally, Rakuten Securities Inc. raised its position in shares of Intuit by 362.5% during 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. Institutional investors own 83.66% of the company’s stock.

About Intuit

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.