Intuit (NASDAQ:INTU) Releases FY 2026 Earnings Guidance

Key Points

• Intuit has revised its FY 2026 earnings guidance, projecting earnings per share (EPS) between 22.980 and 23.180, surpassing the consensus estimate of 20.780.
• The company also updated its revenue guidance to range between $21.0 billion and $21.2 billion, in line with market expectations.
• Intuit's recent quarterly dividend will increase from $1.04 to $1.20, reflecting a strong annualized yield of 0.7%.

Intuit (NASDAQ:INTU - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 22.980-23.180 for the period, compared to the consensus estimate of 20.780. The company issued revenue guidance of $21.0 billion-$21.2 billion, compared to the consensus revenue estimate of $21.1 billion. Intuit also updated its Q1 2026 guidance to 3.050-3.120 EPS.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Intuit from $770.00 to $750.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. KeyCorp cut their price objective on Intuit from $850.00 to $825.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Weiss Ratings reissued a "buy (b-)" rating on shares of Intuit in a research report on Wednesday. Wall Street Zen cut Intuit from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Finally, Barclays cut their price objective on Intuit from $815.00 to $785.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Intuit has an average rating of "Moderate Buy" and an average price target of $791.82.

Intuit Stock Performance

Shares of INTU opened at $644.92 on Friday. The stock's 50-day simple moving average is $689.62 and its 200 day simple moving average is $692.95. The stock has a market capitalization of $179.80 billion, a price-to-earnings ratio of 46.94, a price-to-earnings-growth ratio of 2.54 and a beta of 1.25. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36. Intuit has a 52-week low of $532.65 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. The business had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The firm's quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Research analysts forecast that Intuit will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, October 9th. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. This is an increase from Intuit's previous quarterly dividend of $1.04. Intuit's dividend payout ratio is currently 30.28%.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 529 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the transaction, the director directly owned 6,162,547 shares in the company, valued at approximately $4,098,032,129.53. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard L. Dalzell sold 333 shares of the company's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $661.15, for a total value of $220,162.95. Following the completion of the transaction, the director owned 14,475 shares of the company's stock, valued at $9,570,146.25. The trade was a 2.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,407 shares of company stock worth $1,614,913 in the last ninety days. 2.68% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Intuit

Several institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker's stock worth $2,233,000 after buying an additional 1,350 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock worth $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit in the 1st quarter worth approximately $785,564,000. Sivia Capital Partners LLC lifted its holdings in Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker's stock worth $698,000 after buying an additional 166 shares during the period. Finally, Florida Financial Advisors LLC lifted its holdings in Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker's stock worth $370,000 after buying an additional 51 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

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