Intuit (NASDAQ:INTU) Issues FY 2027 Earnings Guidance

Intuit (NASDAQ:INTU) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 22.880-23.120 for the period, compared to the consensus earnings per share estimate of 26.040. The company issued revenue guidance of $23.3 billion-$23.5 billion, compared to the consensus revenue estimate of $23.7 billion. Intuit also updated its Q1 2027 guidance to 2.440-2.480 EPS.

Intuit Trading Down 3.2%

NASDAQ INTU opened at $345.88 on Thursday. The firm has a market cap of $94.61 billion, a PE ratio of 20.96, a P/E/G ratio of 1.12 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm’s fifty day moving average is $303.91 and its two-hundred day moving average is $357.37. Intuit has a one year low of $252.84 and a one year high of $705.08.

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

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be given a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. Intuit’s payout ratio is 29.07%.

Analyst Ratings Changes

INTU has been the topic of several recent analyst reports. Stifel Nicolaus set a $300.00 target price on Intuit in a research report on Wednesday. JPMorgan Chase & Co. lowered shares of Intuit from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $605.00 to $331.00 in a research report on Wednesday. Wolfe Research lowered Intuit from an “outperform” rating to a “peer perform” rating in a research note on Wednesday. Wells Fargo & Company dropped their price target on Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Susquehanna reduced their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating on the stock in a research report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intuit currently has an average rating of “Hold” and a consensus price target of $434.35.

Insider Activity

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

Intuit News Roundup

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 Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Intesa Sanpaolo Wealth Management bought a new stake in shares of Intuit during the fourth quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Intuit in the third quarter worth $33,000. Birchwood Financial Partners Inc. bought a new stake in Intuit during the fourth quarter worth approximately $33,000. Greenline Wealth Management LLC acquired a new stake in Intuit in the fourth quarter worth approximately $45,000. Finally, Rakuten Securities Inc. boosted its stake in Intuit by 362.5% during the 2nd quarter. Rakuten Securities Inc. now owns 74 shares of the software maker’s stock valued at $58,000 after purchasing an additional 58 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

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.