Intuit Inc., US4612021039

Intuit Inc. stock slides after guidance cut as investors eye Investor Day

Published on 09/11/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intuit Inc. stock closed at USD 312.77 on Nasdaq on September 10, 2026, after a sharp selloff driven by softer fiscal 2027 guidance. The company reported fiscal 2026 revenue of USD 21.4 billion, up 14 percent year over year, and plans an Investor Day on September 17, 2026 to detail its strategy.

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Intuit Inc. stock (ISIN US4612021039) is trading well below its recent highs after investors reacted negatively to reduced long term guidance, with the shares closing at USD 312.77 on Nasdaq on September 10, 2026 and leaving the stock down more than 50 percent over the past year.

Guidance reset weighs on Intuit Inc. stock

As Stocktwits reports, Intuit issued a fiscal 2027 revenue forecast in the range of USD 23.28 billion to USD 23.51 billion, below Wall Street expectations of around USD 23.72 billion, which triggered an overnight share price drop of about 10.3 percent and intensified concerns about slowing growth.

According to Stocktwits, the company also acknowledged that pricing in its TurboTax franchise has driven some customers away and indicated that a lower cost offering is planned, highlighting the need to balance revenue growth with competitive pressure in consumer tax preparation.

For investors, the guidance reset means that the implied fiscal 2027 growth rate is now more modest relative to fiscal 2026, where revenue reached USD 21.4 billion, so the new forecast of up to USD 23.51 billion points to roughly 10 percent growth at the top of the range versus the 14 percent increase just achieved.

Recent results show strong fiscal 2026 performance

Intuit reported fiscal 2026 revenue of USD 21.4 billion, an increase of 14 percent compared with the previous fiscal year, underlining that the underlying business is still expanding at a double digit clip despite investor worries about the outlook, according to Kalkine Media.

In the same fiscal 2026 report, net income came in at USD 4.6 billion and diluted earnings per share were USD 16.46, providing a net income margin of around 21 percent and underscoring that profitability remains robust alongside revenue growth, as noted by Kalkine Media.

Data compiled by Seeking Alpha show that Intuit posted gross profit margin of 80.98 percent, EBIT margin of 28.80 percent and net income margin of 21.29 percent over the most recent period, which positions the company among the more profitable large software names.

According to Seeking Alpha, Intuit delivered non GAAP earnings per share of USD 4.03 and revenue of USD 4.4 billion in its latest reported quarter, beating consensus EPS estimates by USD 0.44 and revenue expectations by USD 130 million, which indicates the company is still capable of outperforming analyst models even as guidance dampens sentiment.

Analyst views and valuation context

Analyst sentiment on Intuit remains mixed after the guidance cut, with a consensus Hold stance and a wide range of price targets that reflect both the quality of the franchise and the uncertainty around growth and competitive dynamics.

According to MarketBeat on September 10, 2026, seventeen analysts rate Intuit a Buy, eleven a Hold and three a Sell, leading to a consensus rating of Hold and an average price target of USD 434.68, which stands roughly 39 percent above the recent closing price near USD 312.

An analysis published by Tikr notes that Intuit generated about USD 6.6 billion in free cash flow over the trailing twelve months and repurchased USD 5.5 billion of stock in fiscal 2026, nearly double the prior year, which supports the case that the company is actively returning capital to shareholders even as the share price has fallen more than 50 percent from a peak around USD 705 over the past year.

For investors, the combination of a depressed share price, still strong margins and substantial buybacks creates a tension between fears of further disruption for products like TurboTax and the potential for recovery if management can execute on its strategy for artificial intelligence and new services, themes expected to feature prominently at the upcoming Investor Day.

Upcoming Investor Day and earnings date

Intuit is preparing for its annual Investor Day on September 17, 2026, where management plans to outline strategies for fiscal 2027 and beyond, as noted in the company overview on Yahoo Finance, and this event is likely to be closely watched by shareholders looking for more clarity on growth levers and pricing changes.

Looking ahead to formal results, the next earnings release for Intuit is expected on November 19, 2026 for the quarter ending October 2026, with a Zacks Consensus Estimate of USD 2.46 in earnings per share, implying a forecast year over year decline of about 26.35 percent, according to Zacks.

For retail investors, those dates mark key checkpoints at which management will have the opportunity to convince the market that slower expected earnings in the near term are a tradeoff for investments that can sustain the franchise in tax, accounting and personal finance software over the longer run.

Stock trades near multi month lows

On the market side, Intuit stock closed at USD 312.77 on Nasdaq on September 10, 2026, with the shares down around 0.37 percent on the day and showing a decline of about 8.80 percent since the start of the year, according to price data cited in an event transcript on MarketScreener.