Intuit (NASDAQ:INTU) Issues Q3 2026 Earnings Guidance

Intuit (NASDAQ:INTU) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 12.450-12.510 for the period, compared to the consensus estimate of 12.350. The company issued revenue guidance of $8.5 billion-$8.5 billion, compared to the consensus revenue estimate of $8.5 billion. Intuit also updated its FY 2026 guidance to 22.980-23.180 EPS.

Intuit Trading Up 3.7%

Shares of Intuit stock opened at $409.03 on Friday. Intuit has a 1-year low of $349.00 and a 1-year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $113.82 billion, a PE ratio of 26.49, a P/E/G ratio of 1.61 and a beta of 1.24. The company’s fifty day simple moving average is $526.10 and its 200-day simple moving average is $618.06.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.02% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period in the previous year, the firm earned $3.32 EPS. The firm’s revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts anticipate that Intuit will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is currently 32.81%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on INTU shares. Susquehanna cut their price target on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a report on Tuesday. UBS Group reduced their price objective on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a research note on Friday. Daiwa Securities Group lifted their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. The Goldman Sachs Group decreased their price objective on Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Weiss Ratings lowered shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Twenty-three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $660.07.

Insiders Place Their Bets

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director directly owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 388,464 shares of company stock worth $255,514,393 in the last 90 days. 2.49% of the stock is currently owned by company insiders.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 results beat: Intuit reported stronger-than-expected fiscal Q2 results — revenue grew ~17% and EPS topped consensus, and the company reaffirmed its FY26 revenue and EPS framework (FY26 EPS guide ~22.98–23.18). This confirms ongoing growth momentum and investor confidence in underlying businesses. Intuit Tops Q2 Earnings, Reaffirms FY26 Growth Outlook Amid AI Push
• Positive Sentiment: AI positioning: Management and analysts highlight Intuit’s AI investments (TurboTax, QuickBooks, Credit Karma integrations) as a structural tailwind — executives say AI is fueling the next growth phase and should deepen switching costs rather than displace the business. Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
• Positive Sentiment: Board signals confidence with dividend: Intuit declared a quarterly cash dividend of $1.20 per share (record April 9, pay April 17), underscoring cash generation and capital return policy. This supports income-oriented investor demand. Intuit Board Declares Cash Dividend, Signals Ongoing Confidence
• Neutral Sentiment: Analyst target updates mixed: Several firms trimmed price targets (Goldman, JPMorgan, Oppenheimer, RBC, others) but most maintained Buy/Outperform/Overweight stances — signaling caution on near-term multiple expansion while still backing the longer-term thesis. Monitor how these revisions affect sentiment and flows. Goldman Sachs adjusts price target on Intuit to $519 from $720; maintains neutral rating
• Negative Sentiment: Soft near-term guidance & higher marketing spend: Intuit’s Q3 guidance was softer than some expected — management flagged elevated marketing investment for peak U.S. tax season that will weigh on near-term margins and profit expectations, which triggered short-term selling pressure across headlines. Intuit Shares Tumble Despite Earnings Beat as Tax Season Outlook Disappoints
• Negative Sentiment: Market reaction: Despite the beat, coverage and write-ups emphasize the softer FQ3 outlook and tax-season margin pressure — multiple headlines note the stock initially slid after hours, reflecting sensitivity to forward guidance versus reported results. Investors should watch guidance execution and marketing ROI. Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Betterment LLC grew its holdings in Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares in the last quarter. One Capital Management LLC increased its stake in Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after purchasing an additional 18 shares during the last quarter. Quadcap Wealth Management LLC grew its holdings in shares of Intuit by 1.0% during the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock valued at $1,230,000 after purchasing an additional 18 shares during the last quarter. Sepio Capital LP lifted its position in Intuit by 6.6% in the 4th quarter. Sepio Capital LP now owns 451 shares of the software maker’s stock valued at $299,000 after purchasing an additional 28 shares during the last quarter. Finally, CYBER HORNET ETFs LLC boosted its stake in Intuit by 4.1% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 753 shares of the software maker’s stock valued at $514,000 after purchasing an additional 30 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

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.