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Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts
InvestorsHub24d agobearish
Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts

Intuit (NASDAQ:INTU) shares dropped sharply in premarket trading on Wednesday after the financial software company issued fiscal 2027 guidance below Wall Street expectations as it adjusts its strategy to “accelerate customer growth, increase market share, and strengthen the long-term durability” of its growth model. The stock was down 11.

Intuit Q4 Earnings Call Highlights
MarketBeat24d agoneutral
Intuit Q4 Earnings Call Highlights

Intuit (NASDAQ:INTU) reported fiscal 2026 revenue growth of 14% and said it is shifting investment and execution in fiscal 2027 toward acquiring more new customers, after results showed slower growth in parts of its QuickBooks and TurboTax businesses. For the full year, GAAP and non-GAAP diluted ea

Intuit (NASDAQ:INTU) Posts Better-Than-Expected Sales In Q2 CY2026 But Full-Year Sales Guidance Slightly Misses Expectations
StockStory24d agobearish
Intuit (NASDAQ:INTU) Posts Better-Than-Expected Sales In Q2 CY2026 But Full-Year Sales Guidance Slightly Misses Expectations

Financial technology platform Intuit (NASDAQ:INTU) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 13.7% year on year to $4.35 billion. On the other hand, next quarter’s revenue guidance of $4.31 billion was less impressive, coming in 1.3% below analysts’ estimates. Its GAAP profit of $1.34 per share was 75.1% above analysts’ consensus estimates.

Intuit earnings put Morgan Stanley stock forecast to the test
TheStreet119d agoneutral
Intuit earnings put Morgan Stanley stock forecast to the test

Intuit’s latest earnings report gave investors fresh evidence for the bull case Morgan Stanley laid out before the company’s fiscal third-quarter results, while also leaving some of Wall Street’s biggest concerns around TurboTax and artificial intelligence unresolved. The company reported fiscal ...

Investing.com121d agobearish
Earnings selloff in this software stock has gone too far, Jefferies says

Investing.com -- The post-earnings share price decline for one major software name has been excessive given the limited nature of the miss, Jefferies told investors in a note Thursday, arguing that the stock's valuation has fallen to levels not seen since the 2008 global financial crisis.