Core Viewpoint - Intuit Inc. reaffirms its fiscal 2026 outlook during the Investor Day event, maintaining previously issued forecasts for revenue and earnings growth [1][2]. Financial Guidance - Full-year 2026 revenue is expected to be between $20.997 billion and $21.186 billion, reflecting a growth of approximately 12% to 13% [2]. - GAAP operating income is projected to be between $5.782 billion and $5.859 billion, indicating an increase of 17% to 19% [2]. - Adjusted operating income is anticipated to range from $8.611 billion to $8.688 billion, representing a growth of 14% to 15% [2]. Earnings Per Share (EPS) Projections - GAAP EPS is forecasted to be between $15.49 and $15.69, showing an increase of 13% to 15% [3]. - Adjusted EPS is expected to be in the range of $22.98 to $23.18, indicating growth of about 14% to 15% [3]. Segment Performance Expectations - Revenue in the Global Business Solutions segment is projected to grow by 14% to 15% for fiscal 2026, with a 15.5% to 16.5% increase expected when excluding Mailchimp [3]. - Consumer revenue is forecasted to rise by 8% to 9%, with specific growth rates of 8% for TurboTax, 10% to 13% for Credit Karma, and 2% to 3% for ProTax [4]. First Quarter Outlook - The company anticipates first-quarter revenue growth of about 14% to 15% [4]. - GAAP earnings per share for the first quarter are projected to be between $1.19 and $1.26, while adjusted diluted EPS is expected to range from $3.05 to $3.12 [4]. Strategic Focus - The CEO of Intuit emphasized the company's investment in data, AI, and human expertise, positioning it to lead in the AI era and drive sustained growth [5].

1 2 Agenda Welcome Kim Watkins | VP, Investor Relations Company Growth Strategy Sasan Goodarzi | CEO Technology Fueling Our Innovation Alex Balazs | EVP and Chief Technology Officer Business Platform Growth Strategy Marianna Tessel | EVP and GM, Small Business Group Ashley Still | EVP and GM, Mid-Market Group BUSINESS PLATFORM IMMERSION David Hahn | EVP and GM, Services Group Break Consumer Platform Growth Strategy Mark Notarainni | EVP and GM, Consumer Group CONSUMER PLATFORM IMMERSION Arundati Singh | SVP ...

Core Viewpoint - Intuit will reaffirm its financial guidance for Q1 and fiscal year 2026 during its upcoming investor day event [2] Group 1: Company Overview - Intuit owns several well-known financial products including TurboTax, Credit Karma, Mailchimp, and QuickBooks [2] Group 2: Financial Guidance - The company is set to provide updates on its financial expectations for the first quarter and the entire fiscal year 2026 [2]

Core Insights - The investment approach focuses on identifying businesses with potential for long-term growth and significant terminal value generation [1] - Emphasis is placed on understanding core business economics, including competitive advantages, unit economics, reinvestment opportunities, and management quality [1] - The goal is to translate these factors into sustainable free cash flow and shareholder value creation [1] Investment Strategy - The investment strategy is fundamentally driven, concentrating on sectors that exhibit strong secular growth trends [1] - The investor is self-educated and has been managing personal funds for 10 years, initially funded by friends and family [1] - The intention behind sharing insights on Seeking Alpha is to provide valuable analysis and receive feedback from the investment community [1] Analytical Approach - The analysis aims to highlight what truly drives long-term equity value, advocating for a blend of analytical rigor and accessibility [1] - The focus is on high-quality, long-term investment opportunities that can yield substantial returns [1]

Group 1 - Intuit is a global financial technology platform that simplifies financial management for individuals and small/medium businesses (SMBs) [1] - The company's QuickBooks software serves as a financial core for many users, indicating a strong competitive advantage [1] Group 2 - The article highlights the author's focus on growth stocks, particularly those integrating AI and possessing a competitive moat [1] - The investment strategy emphasizes identifying undervalued stocks with high growth potential rather than following market trends [1]

Group 1 - Intuit Inc. is recognized as one of the 10 Unrivaled Stocks for the next three years, with Mizuho maintaining an Outperform rating and a price target of $875 [1] - Mizuho noted that the Global Business Solutions Group (GBSG) growth forecast of 14-15% year-over-year was lower than expected, but the core business momentum remains strong in key growth segments [2] - The guidance for GBSG implies a 19% growth in the QuickBooks Online (QBO) ecosystem, with AI identified as a significant growth driver [3] Group 2 - Mizuho considers the guidance for QBO growth to be conservative, suggesting it could reach 23%, and TurboTax's forecast of 8% growth is also seen as conservative with potential for double-digit growth [4] - The upcoming Investor Day on September 18 is highlighted as a crucial event that may provide further insights into QBO and TurboTax, potentially boosting investor confidence [4]

Core Insights - Artificial intelligence is significantly transforming the fintech industry, creating opportunities for firms that effectively utilize data, automation, and predictive models to improve customer outcomes [1] - Intuit Inc. and Upstart Holdings represent two distinct approaches to leveraging AI in financial services [1][3] Intuit Overview - Intuit is building a comprehensive platform through its ecosystem, which includes QuickBooks, TurboTax, Credit Karma, and Mailchimp, targeting consumers, small businesses, and professionals [2] - The company reported a total revenue growth of 16% in fiscal 2025 and projects a growth of 12-13% for fiscal 2026, indicating strong confidence in sustained growth [4] - Intuit is focusing on unifying its offerings into an all-in-one financial operating system, with significant traction in the mid-market segment, which has an $89 billion total addressable market [5] - TurboTax Live saw a 47% increase in adoption in 2025, while Credit Karma grew by 32%, showcasing the effectiveness of AI in enhancing customer engagement [6] - Despite challenges tied to small business health and consumer spending, Intuit's strategy emphasizes resilience and consistent growth through data consolidation and technology investment [7] Upstart Overview - Upstart aims to revolutionize consumer lending with its AI-driven credit underwriting model, targeting a broad market by underwriting 100% of Americans [8] - The proprietary AI model, "Model 22," has improved underwriting accuracy and borrower acquisition efficiency, leveraging a unique dataset of over 91 million repayment events [8] - Upstart is rapidly expanding its product offerings beyond personal loans into auto refinancing and home equity lines of credit, significantly increasing its total addressable market [9][10] - The company has reduced delinquency rates by up to 32% through machine learning improvements, enhancing loan performance and borrower experience [11] - Upstart's innovative approach positions it as a disruptive force in the lending industry, with a focus on scaling its AI capabilities across various financial products [12] Financial Performance and Valuation - The Zacks Consensus Estimate projects Intuit's fiscal 2026 sales to increase by 11.90%, while Upstart's 2025 sales are expected to rise by 51.36% [13][14] - Intuit shares are trading at a forward Price/Sales ratio of 8.49X, while Upstart is at 5.37X, both below their one-year medians [17] - Over the past six months, Upstart's shares have outperformed those of Intuit and the S&P 500 composite [18] Investment Considerations - Intuit is recognized for its scale, ecosystem synergies, and reliable growth, making it a stable choice in financial software [21] - Upstart presents a more compelling investment opportunity due to its rapid product diversification and disruptive potential in the lending market [21] - Current rankings indicate Intuit holds a Zacks Rank 3 (Hold), while Upstart has a Zacks Rank 2 (Buy) [22]

Core Insights - Intuit Inc. has announced the launch of Clair On-Demand Pay as part of its Enterprise Suite and QuickBooks Payroll offerings [1] - The new service allows employees to access their earnings early through advances provided by Pathward®, N.A., a national bank [1] Company Developments - The partnership with Clair, a fintech company focused on providing early access to earnings, enhances Intuit's financial technology platform [1] - This initiative is aimed at improving employee financial wellness by offering flexible payment options [1]

Intuit Inc. (NASDAQ:INTU) is one of the stocks to invest in before they split next. On August 25, Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on Intuit and set a price target of $875.00. Before this sentiment was released, Intuit reported the earnings for its Q4 2025 quarter, as well as the full FY2025. The company’s total revenue for the fiscal year grew by 16%. In Q4, revenue reached $3.8 billion, which was a 20% increase year-over-year. The Consumer Group revenue particularly grew ...

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Dow Jones U.S. ETF (Symbol: IYY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $176.57 per unit.With IYY trading at a recent price near $160.66 per unit, that mean ...