Intuit Inc., US4612021034

Intuit agrees to buy Sequence as Intuit stock sits at a USD 88.2 billion market value

Published on 10/16/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 revenue guidance is USD 23.279-23.512 billion. Intuit stock costs EUR 293.43 on October 16, 2026, 0.30 percent below its Xetra close.

Acquisition and growth outlook

Intuit signed the Sequence agreement on October 15, 2026.
Fiscal 2027 revenue guidance spans USD 23.279-23.512 billion.
Intuit stock trades at EUR 293.43 at 9:13 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.30 percent below the Xetra close of October 15, 2026.
Intuit's next earnings report is scheduled for November 19, 2026.

Photorealistisches Fintech-Büro von Intuit Inc. mit Entwicklern an Finanzdashboards — Intuit Inc. Softwareentwickler arbeiten im modernen Büro mit Finanzdashboards und Monitoren, ISIN US4612021039, Illustration mit AI erstellt.

Intuit Inc. (ISIN US4612021034) has a USD 88.2 billion market value as of October 15, 2026, while the company announced a new acquisition. On October 15, Intuit said it had signed an agreement to acquire Sequence, an AI-native revenue management platform, according to Intuit.

Three events frame the strategy

On August 25, 2026, Intuit reported fourth-quarter revenue of USD 4.4 billion, up 14 percent year over year, and non-GAAP diluted earnings per share of USD 4.03, up 47 percent, according to Yahoo Finance. On September 30, 2026, Intuit announced a renewed NFL partnership through 2030 in its investor-relations news listing.

The October 15, 2026 Sequence agreement is the latest step. Intuit said Sequence will add quote-to-revenue automation to Intuit Enterprise Suite and QuickBooks Online Advanced, with financial terms undisclosed. The deal targets mid-market businesses and professional services companies.

What does the acquisition add?

The strategic logic is tied to Intuit's fastest-growing operating areas. Management said mid-market revenue rose 39 percent in fiscal year 2026, while the Big Bets of Assisted Tax, Money and Mid-Market grew 34 percent collectively, according to Yahoo Finance. Sequence therefore extends a quantified growth area rather than adding a standalone product line.

For fiscal 2027, Intuit guides to revenue of USD 23.279-23.512 billion, representing 9-10 percent growth after 14 percent growth in fiscal year 2026. The company also guides to non-GAAP diluted earnings per share of USD 22.88-23.12, with the lower revenue-growth rate making execution the central test.

When are the next results due?

Intuit's next earnings report is scheduled for November 19, 2026, after the market close, according to Gekko. The same source lists a Morgan Stanley Hold rating reiterated on October 12 with a USD 315 target, while RBC Capital maintains an Outperform rating and a USD 385 target from October 2. Those targets frame the market's split view on Intuit's growth reset.

Stock tracks the Xetra close

Intuit stock was trading at EUR 293.43 at Lang & Schwarz on October 16, 2026 at 9:13 a.m. CEST, down 0.30 percent versus the Xetra close of October 15, 2026 at EUR 294.30. The primary listing is Nasdaq, where Intuit was last quoted at USD 330.17 after hours on October 15, 2026, according to the structured market snapshot.

The further course of trading is shown by the continuously updated real-time quote of Intuit stock.