Intuit (NASDAQ:INTU) Releases FY 2026 Earnings Guidance

20 May 2026, 18:40 by Renee Jackson · The Cerbat Gem

Intuit (NASDAQ:INTU – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 23.800-23.850 for the period, compared to the consensus earnings per share estimate of 22.070. The company issued revenue guidance of $21.3 billion-$21.4 billion, compared to the consensus revenue estimate of $21.2 billion. Intuit also updated its Q4 2026 guidance to 3.560-3.620 EPS.

Intuit Stock Performance

Shares of INTU traded down $15.78 during mid-day trading on Wednesday, reaching $383.93. 5,187,810 shares of the company’s stock traded hands, compared to its average volume of 3,617,266. The business’s 50-day moving average price is $410.70 and its 200-day moving average price is $516.31. The stock has a market capitalization of $106.18 billion, a P/E ratio of 24.87, a price-to-earnings-growth ratio of 1.62 and a beta of 1.04. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit has a 12 month low of $342.11 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period in the prior year, the company posted $3.32 EPS. The business’s revenue for the quarter 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. Equities analysts predict that Intuit will post 17.44 earnings per share for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is 31.09%.

Analyst Ratings Changes

Several research firms recently weighed in on INTU. The Goldman Sachs Group reduced their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. UBS Group dropped their price target on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Mizuho reduced their price target on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Wells Fargo & Company decreased their price objective on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a report on Tuesday, February 24th. Finally, BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective on the stock in a research note on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.

Check Out Our Latest Analysis on INTU

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares of the company’s stock, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.49% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit is using the restructuring to speed up AI integration across products like TurboTax, Credit Karma, and QuickBooks, which could improve long-term efficiency and product capabilities. Reuters: Exclusive: Intuit to cut 17% of global jobs to streamline operations, memo shows
Positive Sentiment: Analysts were still expecting solid quarterly results heading into the report, with some noting strong revenue and earnings potential despite the stock’s earlier decline. Benzinga: Intuit Likely To Report Higher Q3 Earnings…
Neutral Sentiment: Intuit is set to report fiscal Q3 results after the close, so investors may be waiting for management to explain whether the job cuts are defensive cost control or part of a broader AI-led transformation. TipRanks: Polymarket Earnings: Will NVDA, INTU, LOW Beat Earnings Tomorrow?
Negative Sentiment: The announced layoffs are weighing on sentiment because they highlight a major internal restructuring and raise concerns about near-term disruption, execution risk, and whether growth is slowing enough to justify the cuts. Fast Company: Intuit layoffs today: Stock takes a dive…
Negative Sentiment: INTU has already been under pressure this year, and the latest news adds to investor concern that the company may be struggling to maintain its prior growth momentum. Yahoo Finance: Is It Time To Reassess Intuit (INTU) After This Year’s Sharp Share Price Slide

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in INTU. Sunbelt Securities Inc. increased its holdings in shares of Intuit by 6.1% in the fourth quarter. Sunbelt Securities Inc. now owns 867 shares of the software maker’s stock valued at $574,000 after buying an additional 50 shares in the last quarter. Compound Planning Inc. boosted its stake in shares of Intuit by 22.9% during the 4th quarter. Compound Planning Inc. now owns 4,692 shares of the software maker’s stock worth $3,108,000 after acquiring an additional 874 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of Intuit by 26.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 9,065 shares of the software maker’s stock worth $6,005,000 after acquiring an additional 1,894 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Intuit in the 4th quarter worth $33,000. Finally, Corient Private Wealth LLC raised its position in shares of Intuit by 47.8% during the fourth quarter. Corient Private Wealth LLC now owns 200,018 shares of the software maker’s stock worth $132,496,000 after purchasing an additional 64,729 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.