What is KeyCorp’s Forecast for Intuit Q1 Earnings?

Intuit Inc. (NASDAQ:INTUFree Report) – Analysts at KeyCorp issued their Q1 2027 earnings per share (EPS) estimates for shares of Intuit in a report issued on Wednesday, August 26th. KeyCorp analyst A. Markgraff anticipates that the software maker will earn $2.48 per share for the quarter. The consensus estimate for Intuit’s current full-year earnings is $23.03 per share. KeyCorp also issued estimates for Intuit’s Q2 2027 earnings at $3.41 EPS, Q3 2027 earnings at $13.79 EPS, Q4 2027 earnings at $3.44 EPS, FY2027 earnings at $23.06 EPS, Q1 2028 earnings at $3.08 EPS, Q2 2028 earnings at $4.08 EPS and Q3 2028 earnings at $15.71 EPS.

Several other analysts have also weighed in on the company. Morgan Stanley reduced their price objective on Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Evercore reissued an “outperform” rating on shares of Intuit in a report on Tuesday, August 18th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Intuit in a research note on Wednesday, August 26th. TD Cowen reiterated a “buy” rating on shares of Intuit in a report on Tuesday, August 18th. Finally, Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $434.68.

View Our Latest Stock Analysis on Intuit

Intuit Trading Down 0.6%

Shares of INTU stock opened at $342.94 on Thursday. Intuit has a fifty-two week low of $252.84 and a fifty-two week high of $705.08. The stock’s fifty day moving average price is $312.74 and its two-hundred day moving average price is $354.92. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. The company has a market cap of $93.81 billion, a PE ratio of 20.78, a P/E/G ratio of 1.01 and a beta of 0.98.

Intuit (NASDAQ:INTUGet Free Report) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the previous year, the company 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.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This is an increase 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 1.6%. Intuit’s dividend payout ratio (DPR) is currently 33.45%.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the sale, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,146 shares of company stock worth $662,666. Corporate insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in INTU. XXEC Inc. purchased a new position in Intuit in the 2nd quarter valued at approximately $436,740,000. California State Teachers Retirement System increased its position in shares of Intuit by 25,506.0% during the 2nd quarter. California State Teachers Retirement System now owns 108,342,405 shares of the software maker’s stock valued at $28,277,368,000 after purchasing an additional 107,919,292 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Intuit in the second quarter worth about $6,851,859,000. State Street Corp increased its stake in Intuit by 1.4% in the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after purchasing an additional 180,069 shares during the period. Finally, Corient Private Wealth LP bought a new position in shares of Intuit during the second quarter valued at about $40,545,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Analysts and commentary remain constructive on Intuit’s long-term fundamentals. Credit Karma is expanding into additional product categories, while deeper TurboTax integration could support sustained double-digit growth. Intuit’s Credit Karma Expands Reach: Can Double-Digit Growth Last?
  • Positive Sentiment: TurboTax Live’s assisted-tax offering is gaining customers, with artificial intelligence and broader ecosystem adoption viewed as potential future growth drivers. Intuit’s TurboTax Live: Can Assisted Tax Sustain the Momentum?
  • Positive Sentiment: Intuit recently raised its dividend, adding to shareholder returns. KeyCorp also projects fiscal 2028 earnings of $26.84 per share, above current-year consensus estimates, supporting the argument that the selloff may have created value. Stocks That Boosted Dividend Payouts
  • Neutral Sentiment: Several analysts and commentators describe INTU as a beaten-down technology stock with substantial upside if it regains its prior highs. However, that thesis depends on renewed growth and does not remove near-term execution risks. Forget AI Stocks: Buy This Tech Stock Now for Value and 130% Upside
  • Negative Sentiment: Multiple law firms are promoting or expanding securities-fraud class actions involving Intuit investors, with a September 8 lead-plaintiff deadline. The notices allege that the company and executives misrepresented TurboTax growth and cite insider stock sales; the allegations have not been proven, but the litigation adds reputational and financial uncertainty. Pomerantz Class Action Announcement
  • Negative Sentiment: The central operating concern is a reduction in TurboTax growth guidance, which prompted a reassessment of analyst price targets and contributed to INTU’s weaker recent performance. Intuit’s fiscal 2027 outlook still calls for growth, but at a slower pace of roughly 9% to 10%. Intuit Q4 2026 Earnings Call Transcript

Intuit Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Intuit (NASDAQ:INTU)

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