Intuit (NASDAQ:INTU) Releases Q1 2026 Earnings Guidance

Key Points

• Intuit has provided updated earnings guidance for Q1 2026, projecting earnings per share (EPS) between 3.050 and 3.120, significantly higher than the consensus estimate of 2.510.
• Revenue guidance for the quarter is set at $3.7 billion to $3.8 billion, slightly below the consensus estimate of $3.8 billion, while full-year 2026 EPS guidance is projected at 22.980 to 23.180.
• Shares of Intuit are currently experiencing a 2.0% decline, amidst varying analyst price target adjustments, with the average target set at $791.82 after multiple rating changes from different firms.

Intuit (NASDAQ:INTU - Get Free Report) updated its first quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.050-3.120 for the period, compared to the consensus estimate of 2.510. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.8 billion. Intuit also updated its FY 2026 guidance to 22.980-23.180 EPS.

Intuit Stock Down 2.0%

Shares of NASDAQ INTU opened at $644.92 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit has a 52 week low of $532.65 and a 52 week high of $813.70. The firm has a 50-day moving average price of $689.62 and a 200 day moving average price of $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.

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

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. This is a positive change from Intuit's previous quarterly dividend of $1.04. The ex-dividend date is Thursday, October 9th. Intuit's dividend payout ratio (DPR) is 30.28%.

Analysts Set New Price Targets

INTU has been the subject of a number of research reports. Barclays cut their target price on shares of Intuit from $815.00 to $785.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Stifel Nicolaus cut their target price on shares of Intuit from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Wall Street Zen cut shares of Intuit from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Royal Bank Of Canada restated an "outperform" rating and set a $850.00 target price on shares of Intuit in a research report on Tuesday, September 2nd. Finally, BMO Capital Markets lifted their target price on shares of Intuit from $820.00 to $870.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Intuit currently has an average rating of "Moderate Buy" and an average price target of $791.82.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the sale, the director directly owned 14,475 shares in the company, valued at $9,570,146.25. The trade was a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the business's stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $677.06, for a total transaction of $792,160.20. Following the sale, the chief financial officer owned 1,295 shares of the company's stock, valued at approximately $876,792.70. This represents a 47.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,407 shares of company stock worth $1,614,913 over the last ninety days. 2.68% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit during the first quarter worth $785,564,000. Durable Capital Partners LP raised its holdings in Intuit by 12.1% in the second quarter. Durable Capital Partners LP now owns 782,292 shares of the software maker's stock valued at $616,157,000 after acquiring an additional 84,725 shares in the last quarter. California State Teachers Retirement System raised its holdings in Intuit by 1.2% in the second quarter. California State Teachers Retirement System now owns 435,480 shares of the software maker's stock valued at $342,997,000 after acquiring an additional 5,365 shares in the last quarter. Royal London Asset Management Ltd. raised its holdings in Intuit by 4.7% in the second quarter. Royal London Asset Management Ltd. now owns 317,451 shares of the software maker's stock valued at $250,034,000 after acquiring an additional 14,229 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Intuit by 117.8% in the second quarter. AQR Capital Management LLC now owns 298,385 shares of the software maker's stock valued at $234,053,000 after acquiring an additional 161,397 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

About Intuit

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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