Intuit (INTU) Fell Due to Softer-Than-Expected Revenue Guidance

Group 1: Fund Performance - Baron Durable Advantage Fund appreciated 5.6% in Q3 2025 compared to an 8.1% increase for the S&P 500 Index [1] - Year-to-date, the fund is up 13.6% compared to a 14.8% gain for the index [1] - The rally from the start of 2023 remains strong in this quarter [1] Group 2: Intuit Inc. Overview - Intuit Inc. is a leading provider of accounting software for small businesses and tax preparation software for individuals and tax professionals [3] - As of November 17, 2025, Intuit's stock closed at $645.98 per share, with a market capitalization of $180.194 billion [2] - The one-month return for Intuit was -4.30%, and its shares gained 0.28% over the last 52 weeks [2] Group 3: Financial Performance and Outlook - In Q4 2025, Intuit reported revenue of $3.8 billion, representing a 20% year-over-year increase [4] - Intuit's shares fell 13.2% in Q3 2025 due to softer-than-expected revenue guidance for its Global Business Solutions segment [3] - Management expects 12% to 13% revenue growth and 14% to 15% EPS growth in the next fiscal year [3] Group 4: Market Position and Competitive Landscape - Intuit's quarterly financial results exceeded Street expectations due to expansion into larger mid-market customers and faster adoption of TurboTax Live [3] - The company is leveraging its unmatched data to infuse AI into its offerings, which presents numerous growth opportunities [3] - Intuit is not among the 30 most popular stocks among hedge funds, with 105 hedge fund portfolios holding its stock at the end of Q2 2025 [4]