Intuit (NASDAQ:INTU) Releases Q1 2027 Earnings Guidance

Intuit (NASDAQ:INTU) updated its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.440-2.480 for the period, compared to the consensus EPS estimate of 3.700. The company issued revenue guidance of $4.3 billion-$4.3 billion, compared to the consensus revenue estimate of $4.4 billion. Intuit also updated its FY 2027 guidance to 22.880-23.120 EPS.

Intuit Stock Performance

INTU opened at $345.88 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit has a 52-week low of $252.84 and a 52-week high of $705.08. The firm has a market cap of $94.61 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 1.12 and a beta of 0.97. The business’s fifty day moving average is $303.91 and its 200-day moving average is $357.37.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.75%. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter last year, the business posted $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts expect that Intuit will post 21.06 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. Intuit’s payout ratio is presently 29.07%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on INTU shares. Argus cut their price target on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Daiwa Securities Group decreased their price objective on Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Piper Sandler raised their target price on Intuit from $250.00 to $290.00 and gave the stock an “underweight” rating in a research report on Wednesday. Evercore reaffirmed an “outperform” rating on shares of Intuit in a report on Tuesday, August 18th. Finally, Morgan Stanley reduced their price target on Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $434.35.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 338 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,239 shares of company stock valued at $348,354. 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: 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 near $3.58. Intuit Beats Fiscal Q4 Targets But Misses With Outlook
• Positive Sentiment: The board raised Intuit’s quarterly dividend 15% to $1.38 per share, while the company repurchased approximately $5.5 billion of stock during fiscal 2026. Intuit Board Declares New Quarterly Cash Dividend
• Neutral Sentiment: Intuit plans to make Mailchimp a separate reportable segment in fiscal 2027, providing greater visibility into the unit’s performance. However, reports indicate the company expects little or no growth from Mailchimp in the coming year. Mailchimp Goes Missing
• Negative Sentiment: Fiscal 2027 revenue guidance of approximately $23.28 billion to $23.51 billion implies 9%–10% growth, below analyst expectations and down from fiscal 2026’s 14% growth. First-quarter guidance also trailed consensus, intensifying concerns about slowing momentum. Intuit’s Annual Forecast Falls Short
• Negative Sentiment: Management is considering lower prices and increased customer-acquisition spending to win TurboTax users and expand market share. Investors are concerned that pricing pressure, competition and potential AI disruption could weigh on revenue and profitability before the strategy produces results. Customers Are Fleeing TurboTax Over Price
• Negative Sentiment: Several analysts lowered their ratings or price targets after the outlook, including JPMorgan, Bank of America, Wolfe Research and Truist, reinforcing the market’s concerns about Intuit’s growth trajectory. JPMorgan Downgrades Intuit
• Negative Sentiment: Multiple law firms publicized securities class actions alleging that Intuit failed to adequately disclose TurboTax competitive and pricing risks. The September 8 lead-plaintiff deadline adds legal overhang, although the allegations have not been proven. Pomerantz Class Action Announcement

Institutional Trading of Intuit

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC increased its holdings 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 purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of 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 in the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit in the first quarter valued at approximately $785,564,000. Sivia Capital Partners LLC lifted its position in Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

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.