Movement Alert|Intuit Falls 3.11% in Regular Trading, FY2027 Guidance Significantly Below Expectations Continues to Weigh on Shares

Market Focus
Sep 17

On September 17, Intuit fell 3.11% in regular trading, trading at approximately $319.02 per share, with turnover of $4.34 billion. The stock remains under sustained selling pressure following its fiscal Q4 earnings report, which delivered a significant miss on forward guidance.

While Intuit's fiscal Q4 results exceeded expectations — with revenue of $4.35 billion and adjusted EPS of $4.03 beating consensus estimates of $4.27 billion and $3.58 respectively — its FY2027 full-year guidance fell sharply short of market expectations. The company guided for non-GAAP EPS of $22.88 to $23.12, far below the Street consensus of $27.30, and revenue of $23.28 billion to $23.51 billion, below the expected $23.70 billion. Management attributed the slowdown to softness in Mailchimp, declining desktop products, and lower TurboTax per-customer revenue as the company shifts focus toward customer acquisition. Multiple investment banks have since cut their price targets, with JPMorgan lowering its target to $331 and Daiwa Securities cutting from $500 to $400. UBS characterized the guidance as a reset rather than confirmed stabilization, flagging risks from AI competition in the tax preparation segment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10