Intuit (NASDAQ:INTU) Issues Q1 2027 Earnings Guidance

Intuit (NASDAQ:INTU) updated its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) 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.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Mizuho dropped their price objective on shares of Intuit from $500.00 to $430.00 and set an “outperform” rating for the company in a research report on Monday, August 17th. Morgan Stanley cut Intuit from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $580.00 to $335.00 in a research note on Tuesday, July 21st. Piper Sandler restated an “underweight” rating and issued a $250.00 price target on shares of Intuit in a report on Wednesday, August 19th. UBS Group restated a “neutral” rating on shares of Intuit in a research note on Tuesday, August 18th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Intuit in a research note on Tuesday, August 18th. Twenty equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Intuit currently has an average rating of “Moderate Buy” and a consensus price target of $449.65.

Intuit Stock Down 3.4%

Shares of INTU traded down $12.46 during trading on Tuesday, reaching $357.46. The company’s stock had a trading volume of 6,109,254 shares, compared to its average volume of 4,333,711. The company has a market cap of $97.78 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 1.15 and a beta of 0.97. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $300.85 and a two-hundred day moving average of $358.61. Intuit has a twelve month low of $252.84 and a twelve month high of $705.08.

Insider Transactions at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director directly owned 11,758 shares of the company’s stock, valued at $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,239 shares of company stock valued at $348,354 over the last 90 days. Corporate insiders own 2.49% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts expect continued growth, with consensus estimates calling for earnings of roughly $3.58–$3.59 per share, supported by momentum in QuickBooks, Credit Karma and Intuit’s artificial-intelligence initiatives. Intuit to Report Q4 Earnings: What Should Investors Do?
• Positive Sentiment: An Intuit AI executive said the future of finance is moving toward real-time, continuously updated insights rather than monthly reporting, highlighting potential longer-term opportunities for the company’s software platform. Intuit AI expert says future of finance is real-time, not monthly

Institutional Investors Weigh In On Intuit

Institutional investors have recently modified their holdings of the stock. Intesa Sanpaolo Wealth Management acquired a new stake in Intuit during the fourth quarter valued at approximately $25,000. Birchwood Financial Partners Inc. acquired a new position in shares of Intuit in the 4th quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit in the 3rd quarter worth approximately $33,000. Greenline Wealth Management LLC bought a new stake in shares of Intuit in the 4th quarter valued at approximately $45,000. Finally, Rakuten Securities Inc. increased its holdings in shares of Intuit by 362.5% in the 2nd quarter. Rakuten Securities Inc. now owns 74 shares of the software maker’s stock valued at $58,000 after acquiring an additional 58 shares during 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.