Core Insights - Intuit Inc. (NASDAQ:INTU) has received a positive outlook from analysts following its fiscal Q1 2026 earnings report, with multiple analysts reiterating Buy ratings and setting price targets in the range of $840 to $875 [1][2]. Financial Performance - The company reported a quarterly revenue of $3.89 billion, reflecting an 18.34% year-over-year growth, exceeding estimates by $126.20 million [2]. - Earnings per share (EPS) reached $3.34, surpassing estimates by $0.25 [2]. - Global Business Solution revenue contributed significantly, growing 18% to $3 billion [2]. - GAAP operating income saw a substantial increase of 97% year-over-year, amounting to $534 million [2]. Future Outlook - Management provided guidance for Q2 2026, expecting revenue growth of 14% to 15% [3]. - For the full fiscal year, revenue is anticipated to be between $20.99 billion and $21.19 billion, slightly below Wall Street's mid-point expectation of $21.15 billion [3]. - Intuit Inc. operates in the software sector, offering a range of finance-related services including business management, payroll management, marketing automation, and customer relationship management [3].
Wall Street Remains Positive on Intuit Inc. (INTU)