Earnings Preview: What to Expect From Intuit's Report

Core Insights - Intuit Inc. is expected to announce its fiscal Q1 earnings for 2026 soon, with a market cap of $190.4 billion and known for products like QuickBooks and TurboTax [1] Financial Performance - Analysts predict a profit of $1.63 per share for the upcoming quarter, reflecting a 52.3% increase from $1.07 per share in the same quarter last year [2] - For fiscal 2026, the expected profit is $17.19 per share, an 11.8% increase from $15.37 per share in fiscal 2025, with further growth anticipated to $19.67 per share in fiscal 2027, representing a 14.4% year-over-year increase [3] Stock Performance - Intuit's shares have increased by 12.2% over the past 52 weeks, which is lower than the S&P 500 Index's 18.4% return and the Technology Select Sector SPDR Fund's 29.8% increase during the same period [4] Recent Earnings Report - In Q4, Intuit reported revenue of $3.8 billion, a 20.3% year-over-year increase, exceeding consensus estimates by 2.4%. The adjusted EPS was $2.75, up 38.2% from the previous year and 3.8% above analyst expectations [5] - Despite the positive Q4 results, shares fell by 5% in the following trading session due to perceived weak fiscal 2026 guidance, with expected revenue between $21 billion and $21.2 billion, indicating a growth slowdown of 12% to 13% [5] Analyst Ratings - Wall Street analysts maintain a "Strong Buy" rating for Intuit, with 20 out of 29 analysts recommending "Strong Buy," three suggesting "Moderate Buy," five advising "Hold," and one indicating "Strong Sell." The mean price target is $835.46, suggesting a potential upside of 22.3% from current levels [6]