Intuit (NASDAQ:INTU) Releases FY 2026 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 22.980-23.180 for the period, compared to the consensus EPS 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 Stock Up 3.5%

Shares of INTU stock traded up $13.19 during trading on Thursday, reaching $394.42. The company’s stock had a trading volume of 9,717,382 shares, compared to its average volume of 4,029,164. Intuit has a one year low of $349.00 and a one year high of $813.70. The business has a fifty day moving average price of $536.83 and a 200-day moving average price of $621.70. The company has a market cap of $109.76 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.47 and a beta of 1.24. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. BNP Paribas Exane decreased their price objective on Intuit from $600.00 to $340.00 and set an “underperform” rating for the company in a report on Monday. Susquehanna reduced their price target on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research report on Tuesday. Mizuho set a $675.00 price target on Intuit in a research report on Thursday, February 19th. Evercore reissued an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a report on Tuesday, November 18th. Finally, Weiss Ratings cut shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Twenty-two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average price target of $726.18.

Insider Activity at Intuit

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the transaction, the director directly owned 5,668,182 shares of the company’s stock, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 388,464 shares of company stock valued at $255,514,393. 2.49% of the stock is currently owned by insiders.

Key Headlines 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC grew its position in Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares in the last quarter. United Bank bought a new stake in shares of Intuit during the 2nd quarter valued at approximately $734,000. Sivia Capital Partners LLC increased its position in Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in Intuit by 44.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 537 shares of the software maker’s stock worth $423,000 after purchasing an additional 164 shares in the last quarter. Institutional investors and hedge funds 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.