Intuit Inc. (INTU) is a leading financial software and technology company that develops products and services to help individuals, small businesses, and accounting professionals manage finances, taxes, and marketing. Its well-known offerings include QuickBooks for small business accounting, TurboTax for tax preparation, Credit Karma for personal finance and credit monitoring, and Mailchimp for email marketing. The company is headquartered in Mountain View, California, and has aย market cap of $147.3 billion, reflecting its position as one of the most valuable software firms.
It is expected to announce its fiscal Q2 2026 earnings soon. Ahead of this event, analysts expect this company to report aย profit of $2.21 per share, up 6.8% fromย $2.07 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Streetโs bottom-line estimates in each of the last four quarters.
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For fiscal 2026, analysts expect INTU to report a profit of $17.23 per share, representing a 12.1% increase fromย $15.37 per share in fiscal 2025. Moreover, its EPS is expected to grow 14.2% year-over-year to $19.68 in fiscal 2027.ย
Shares of Intuit haveย declined 12.4% over the past 52 weeks, underperforming both the S&P 500 Indexโs ($SPX)ย 13.3% return and the Technology Select Sector SPDR Fundโs (XLK)ย 21.2% uptick over the same time frame.
Intuitโs stock is witnessing a significant slump this month, driven by investor concerns about slowing near-term growth and tougher year-over-year comparisons after a strong 2025 season, andย analyst downgrades that lowered price targets and tempered expectations for 2026 growth. Additionally,ย fears about AI-related disruption in the software sector and caution over the pace of Intuitโs AI integration have weighed on sentiment.
Wall Street analysts areย cautiously optimistic about INTU, with an overall โModerate Buyโ rating. Among the 30 analysts covering the stock, 19 recommend โStrong Buy,โ three indicate โModerate Buy,โ seven suggest โHold,โ and one advises a โStrong Sellโ rating. The mean price target for INTU is $814.31, implying a 53.9% potential upside from the current levels.
On the date of publication, Subhasree Kar did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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