Intuit Reports Strong Earnings Amid Stock Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2026
0mins
Should l Buy INTU?
Source: Fool
Intuit Inc. experienced a significant decline of 5.54% in its stock price, hitting a 52-week low, despite the broader market showing gains with the Nasdaq-100 up 0.34% and the S&P 500 up 0.12%.
The company's fiscal Q1 results revealed a revenue of approximately $3.9 billion, marking an 18% year-over-year increase, with non-GAAP earnings per share at $3.34. However, concerns arose as Intuit reiterated its fiscal 2026 revenue growth guidance of 12% to 13%, a slowdown from the previous year's 16% growth, leading to investor apprehension about future challenges. Additionally, while Intuit's AI-driven tools have attracted 2.8 million customers, the stock's 24% decline this year reflects a broader market trend of re-evaluating software company valuations.
Despite the stock's decline, Intuit's strong earnings performance and the growth of its AI capabilities suggest potential for recovery. Investors may find the current valuation attractive, especially given the company's robust financial health and the increasing demand for its financial management solutions.
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Analyst Views on INTU
Wall Street analysts forecast INTU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTU is 814.59 USD with a low forecast of 700.00 USD and a high forecast of 880.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 434.910
Low
700.00
Averages
814.59
High
880.00
Current: 434.910
Low
700.00
Averages
814.59
High
880.00
About INTU
Intuit Inc. offers a financial technology platform that helps consumers and small and mid-market businesses prosper by delivering financial management, compliance, and marketing products and services. It also provides specialized tax products to accounting professionals. Its offerings include TurboTax, Credit Karma, QuickBooks, and Mailchimp. Lacerte, ProSeries, and ProConnect Tax Online. Its Global Business Solutions segment serves small and mid-market businesses around the world, and the accounting professionals who assist and advise them. Its Consumer segment serves consumers and includes do-it-yourself and assisted TurboTax income tax preparation products and services sold in the United States and Canada. Its Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations for credit card, home, auto, and personal loan, and insurance products. Its ProTax segment serves professional accountants in the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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