Core Insights - Intuit Inc. is a leading financial software and technology company with a market cap of $147.3 billion, known for products like QuickBooks, TurboTax, Credit Karma, and Mailchimp [1] Financial Performance Expectations - Analysts anticipate Intuit will report a profit of $2.21 per share for fiscal Q2 2026, reflecting a 6.8% increase from $2.07 per share in the same quarter last year [2] - For fiscal 2026, the expected profit is $17.23 per share, a 12.1% increase from $15.37 per share in fiscal 2025, with further growth projected to $19.68 per share in fiscal 2027, representing a 14.2% year-over-year increase [3] Stock Performance and Market Sentiment - Intuit's shares have declined by 12.4% over the past 52 weeks, underperforming the S&P 500 Index's 13.3% return and the Technology Select Sector SPDR Fund's 21.2% increase [4] - Recent stock performance has been negatively impacted by concerns over slowing growth, tougher year-over-year comparisons, analyst downgrades, and fears regarding AI-related disruptions in the software sector [6] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for Intuit, with 19 out of 30 analysts recommending "Strong Buy," three suggesting "Moderate Buy," seven indicating "Hold," and one advising "Strong Sell" [7] - The mean price target for Intuit is $814.31, indicating a potential upside of 53.9% from current levels [7]
Here’s What to Expect From Intuit’s Next Earnings Report