Intuit (NASDAQ:INTU) Updates Q4 2026 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.560-3.620 for the period, compared to the consensus earnings per share estimate of 2.840. The company issued revenue guidance of $4.2 billion-$4.3 billion, compared to the consensus revenue estimate of $4.1 billion. Intuit also updated its FY 2026 guidance to 23.800-23.850 EPS.

Intuit Stock Performance

Shares of NASDAQ INTU traded down $15.78 during midday trading on Wednesday, reaching $383.93. 5,605,278 shares of the company traded hands, compared to its average volume of 3,633,717. Intuit has a 52 week low of $342.11 and a 52 week high of $813.70. The stock has a 50-day moving average price of $410.70 and a 200 day moving average price of $516.31. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $106.18 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.62 and a beta of 1.04.

Intuit (NASDAQ:INTU) last released its earnings results 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. The firm had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.Intuit’s revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts anticipate that Intuit will post 17.44 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors 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 yield of 1.3%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on INTU shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Intuit in a report on Sunday, April 19th. Oppenheimer lowered their target price on Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Barclays reaffirmed an “overweight” rating and set a $540.00 target price on shares of Intuit in a report on Monday, March 16th. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. Finally, Stifel Nicolaus dropped their price target on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average price target of $634.26.

Insiders Place Their Bets

In related news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The stock was 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 approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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: 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

Hedge Funds Weigh In On Intuit

Several institutional investors and hedge funds have recently bought and sold shares of INTU. Nicholas Hoffman & Company LLC. purchased a new position in Intuit during the 1st quarter valued at about $785,564,000. CIBC Private Wealth Group LLC grew its stake in Intuit by 811.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 457,562 shares of the software maker’s stock valued at $303,098,000 after acquiring an additional 407,375 shares in the last quarter. FIL Ltd grew its stake in Intuit by 53.6% during the 4th quarter. FIL Ltd now owns 1,125,878 shares of the software maker’s stock valued at $745,804,000 after acquiring an additional 392,848 shares in the last quarter. Viking Global Investors LP purchased a new position in Intuit during the 3rd quarter valued at about $180,381,000. Finally, AQR Capital Management LLC grew its stake in Intuit by 88.2% during the 3rd quarter. AQR Capital Management LLC now owns 561,583 shares of the software maker’s stock valued at $383,511,000 after acquiring an additional 263,198 shares in the last quarter. Hedge funds and other institutional investors 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.