Intuit Inc., US4612021034

RBC reiterates Outperform for Intuit stock at USD 385 target

Published on 10/09/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue reached USD 21.45 billion, up 14.00 percent. Intuit stock costs EUR 270.48 on October 9, 2026 versus EUR 265.45.

Key points in brief

RBC reiterated an Outperform rating and a USD 385.00 target for Intuit stock on October 9, 2026.
Intuit reported fiscal 2026 revenue of USD 21.45 billion, up 14.00 percent year over year.
The stock was trading at EUR 270.48 at Lang & Schwarz on October 9, 2026 at 3:05 p.m. CEST, plus 1.89 percent versus the EUR 265.45 prior close for October 7, 2026.
Intuit's fiscal 2027 revenue guidance is USD 23.279 billion to USD 23.512 billion, representing 9.00 percent to 10.00 percent growth.

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) was trading at EUR 270.48 at Lang & Schwarz on October 9, 2026 at 3:05 p.m. CEST. According to Ground News on October 9, 2026, RBC reiterated an Outperform rating and a USD 385.00 target for Intuit stock.

Three milestones shape the story

On August 25, 2026, Intuit reported fiscal 2026 revenue growth of 14.00 percent and fourth-quarter revenue of USD 4.40 billion, up 14.00 percent, according to Yahoo Finance.

On September 17, 2026, Intuit reaffirmed fiscal 2027 revenue guidance of USD 23.279 billion to USD 23.512 billion, implying growth of 9.00 percent to 10.00 percent, according to Intuit. On October 1, 2026, the company extended its NFL partnership through 2030, a move designed to showcase Intuit Intelligence across four products and four international markets, according to Zacks.

What does the guidance imply?

The fiscal 2027 outlook points to slower top-line growth than fiscal 2026, but the earnings framework remains ambitious. Intuit expects GAAP diluted earnings per share of USD 20.12 to USD 20.36 in fiscal 2027, representing growth of 22.00 percent to 24.00 percent, while adjusted diluted earnings per share is guided to USD 22.88 to USD 23.12, up 23.00 percent to 24.00 percent.

The latest operating data show both scale and pressure. Fiscal 2026 online paying customers grew 3.00 percent year over year to 8.90 million, while mid-market revenue grew 39.00 percent. That contrast explains why management is directing investment toward customer acquisition while continuing to scale its faster-growing business initiatives.

Next payment date is October 16

Intuit's board approved a quarterly dividend of USD 1.38 per share payable on October 16, 2026, according to Yahoo Finance. At Lang & Schwarz, the stock stood at EUR 270.48 on October 9, 2026 at 3:05 p.m. CEST, plus 1.89 percent versus the EUR 265.45 prior close for October 7, 2026.

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