Intuit (NASDAQ:INTU) Issues Q1 2027 Earnings Guidance

Key Points

• Intuit issued below-consensus Q1 2027 guidance: EPS is expected at $2.44–$2.48 versus the $3.70 analyst estimate, while revenue guidance of approximately $4.3 billion trails the $4.4 billion consensus. Full-year 2027 EPS guidance was set at $22.88–$23.12.
• Shares fell $12.46 to $357.46 during Tuesday’s trading session. Despite several analysts cutting price targets, Intuit retains a “Moderate Buy” consensus rating and a $449.65 average price target.
• Institutional investors remain heavily involved: institutions own 83.66% of Intuit, with several firms increasing their holdings, while insiders have sold 1,239 shares worth about $348,000 over the past three months.

Intuit (NASDAQ:INTU - Get Free Report) issued an update on its first quarter 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.440-2.480 for the period, compared to the consensus earnings per share 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.

Intuit Stock Performance

Intuit stock traded down $12.46 during midday trading on Tuesday, reaching $357.46. 5,611,947 shares of the company's stock were exchanged, compared to its average volume of 4,333,711. Intuit has a 52 week low of $252.84 and a 52 week high of $705.08. 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 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 stock's 50-day simple moving average is $300.85 and its 200 day simple moving average is $358.61.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Royal Bank Of Canada cut their price objective on Intuit from $600.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, May 21st. BMO Capital Markets decreased their target price on Intuit from $550.00 to $412.00 and set an "outperform" rating on the stock in a report on Thursday, May 21st. TD Cowen restated a "buy" rating on shares of Intuit in a research note on Tuesday, August 18th. Susquehanna reduced their price objective on shares of Intuit from $550.00 to $427.00 and set a "positive" rating for the company in a research report on Monday, July 20th. Finally, Wells Fargo & Company decreased their price objective on shares of Intuit from $425.00 to $360.00 and set an "equal weight" rating on the stock in a report on Thursday, May 21st. Twenty investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Intuit currently has an average rating of "Moderate Buy" and a consensus price target of $449.65.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of Intuit stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the sale, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,239 shares of company stock worth $348,354. Corporate insiders own 2.49% of the company's stock.

Key Headlines Impacting 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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. raised its stake in Intuit by 6.1% during 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. lifted its stake in Intuit by 22.9% during the fourth quarter. Compound Planning Inc. now owns 4,692 shares of the software maker's stock worth $3,108,000 after purchasing an additional 874 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in Intuit by 26.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 9,065 shares of the software maker's stock worth $6,005,000 after purchasing an additional 1,894 shares during the period. Birchwood Financial Partners Inc. acquired a new position in Intuit in the fourth quarter worth $33,000. Finally, Corient Private Wealth LLC increased its stake in Intuit by 47.8% during the fourth quarter. Corient Private Wealth LLC now owns 200,018 shares of the software maker's stock valued at $132,496,000 after purchasing an additional 64,729 shares during the last quarter. Institutional investors own 83.66% of the company's stock.

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.

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