Intuit (NASDAQ:INTU) Updates Q1 2027 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on 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 earnings per share 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 Up 0.4%

NASDAQ:INTU traded up $1.45 during midday trading on Monday, reaching $359.51. The company had a trading volume of 1,842,109 shares, compared to its average volume of 4,382,581. The firm has a market capitalization of $98.34 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 0.92 and a beta of 0.97. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $307.36 and its 200-day simple moving average is $356.13. Intuit has a 12-month low of $252.84 and a 12-month high of $705.08.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.Intuit’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, sell-side analysts anticipate that Intuit will post 23.07 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This is a positive change 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 dividend on an annualized basis and a yield of 1.5%. Intuit’s dividend payout ratio (DPR) is presently 33.45%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on INTU shares. Citigroup decreased their price target on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Truist Financial cut their target price on Intuit from $350.00 to $300.00 and set a “hold” rating on the stock in a research report on Wednesday, August 26th. Royal Bank Of Canada cut their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Stifel Nicolaus set a $300.00 target price on Intuit in a research report on Wednesday, August 26th. Finally, Morgan Stanley cut their target price on Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 26th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $434.68.

Insider Activity

In related news, Director Richard L. Dalzell sold 338 shares of the business’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 in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. This trade represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,146 shares of company stock worth $662,666 in the last 90 days. 2.49% of the stock is currently owned by insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Hedge Funds Weigh In On Intuit

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp increased its position in Intuit by 1.2% during the 3rd quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after purchasing an additional 158,456 shares during the period. Morgan Stanley increased its position in Intuit by 1.2% during the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after purchasing an additional 60,910 shares during the period. Northern Trust Corp increased its position in Intuit by 4.8% during the 3rd quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock worth $2,356,040,000 after purchasing an additional 158,843 shares during the period. Charles Schwab Investment Management Inc. increased its position in Intuit by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,008,432 shares of the software maker’s stock worth $1,330,426,000 after purchasing an additional 47,624 shares during the period. Finally, Unisphere Establishment increased its position in Intuit by 13.3% during the 3rd quarter. Unisphere Establishment now owns 1,700,000 shares of the software maker’s stock worth $1,160,947,000 after purchasing an additional 200,000 shares during the period. 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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.