Intuit Inc (NASDAQ:INTU, XETRA:ITU) reported better-than-expected results for the fiscal second quarter, but its shares came under pressure as its guidance fell short of expectations. The company behind the platforms Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp said it expects earnings between $12.45 and $12.51 for the current quarter, below the consensus $12.97.
INTU gears up for fiscal Q2 results with double-digit revenue growth forecast and strong momentum across QuickBooks, TurboTax and Credit Karma.
Intuit's stock has been the S&P 500's worst performer this year. Now the company is teaming up with the company that's fueled investor fears.
Get a deeper insight into the potential performance of Intuit (INTU) for the quarter ended January 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Alliance Wealth Advisors LLC UT increased its holdings in Intuit Inc. (NASDAQ: INTU) by 386.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,727 shares of the software maker's stock after acquiring an additional 1,372 shares during the quarter. Alliance Wealth
No, artificial intelligence isn't going to put every software company out of business. ServiceNow performs mission-critical automations for companies, making it difficult to uproot.
Intuit has lost $100B in market value amid AI disruption fears, but I see this as an overreaction. INTU's proprietary 'Financial DNA' and deep contextual data create a durable moat against commoditized AI solutions. The company is shifting from tools to outcome-driven workflows, leveraging AI to enhance automation and increase switching costs.
Intuit (INTU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
At its October 2019 Investor Day, Intuit announced a strategic and transformational shift to become an AI-driven platform. This was well before the ChatGPT release of November 2022. With such a forward-looking vision, I doubt that Intuit's management was caught by surprise by the ongoing and structural trend toward AI agents. With an unparalleled amount of high-quality data accumulated over decades in software like TurboTax or QuickBooks, Intuit developed its own large language models specialized in tasks like taxes or accounting.
Intuit (INTU) concluded the recent trading session at $389.57, signifying a +2.74% move from its prior day's close.
The latest trading day saw Intuit (INTU) settling at $379.17, representing a -5.07% change from its previous close.
Intuit Inc. (INTU) is rated Buy, due to its resilient business model, robust AI integration, and strong financial metrics, despite recent stock declines. INTU leverages AI-driven 'done-for-you' solutions, driving higher ARPU, customer stickiness, and pricing power across SMB and consumer segments. Q1'26 saw 18% revenue growth, 126% net income growth, and expanding margins, with AI adoption fueling ecosystem expansion and cross-selling.