Intuit (NASDAQ:INTU) Releases Q1 2027 Earnings Guidance

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on INTU shares. Bank of America started coverage on Intuit in a report on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price target on the stock. Oppenheimer lowered their price objective on Intuit from $558.00 to $406.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. BNP Paribas Exane cut their target price on Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and issued a $400.00 target price on shares of Intuit in a research note on Thursday, May 21st. Finally, Northcoast Research reduced their price target on shares of Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $449.65.

Intuit Stock Performance

Shares of INTU traded down $12.46 during trading hours on Tuesday, reaching $357.46. 5,611,947 shares of the company’s stock traded hands, compared to its average volume of 4,333,711. Intuit has a twelve month low of $252.84 and a twelve month high of $705.08. The business’s fifty day simple moving average is $300.85 and its two-hundred day simple moving average is $358.61. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization 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.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,239 shares of company stock worth $348,354. 2.49% of the stock is currently owned by company insiders.

Key Intuit News

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 Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTU. Brighton Jones LLC boosted its stake in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in Intuit during the first quarter worth about $785,564,000. Sivia Capital Partners LLC grew its holdings in Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares during the period. Finally, Florida Financial Advisors LLC raised its position in Intuit by 12.2% in the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares in the last quarter. Institutional investors and hedge funds 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.