What You Need To Know Ahead of Intuit's Earnings Release

Mountain View, California-based Intuit Inc. (INTU) provides financial management, payments and capital, compliance, and marketing products and services in the United States. Valued at a market cap of $90.8 billion, the company operates in two segments: Global Business Solutions and Consumer, and offers QuickBooks services, which include financial and business management online services, desktop software, payroll solutions, time tracking, merchant payment processing and bill pay solutions, and more. 

Intuit is expected to release its Q1 2027 earnings soon. Ahead of the event, analysts expect the company’s EPS to be $2.47 on a diluted basis, up 31.4% from $1.88 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters, which is impressive. 

For fiscal 2027, analysts project EPS of $23.02, up 36.6% from $16.85 in fiscal 2026. Moreover, its EPS is expected to rise by roughly 14.3% year over year (YoY) to $26.30 in fiscal 2028. 

INTU stock has tanked 51.9% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 12.3% rise and the State Street Technology Select Sector SPDR ETF’s (XLK) 26.8% rise during the same time frame.   

INTU stock has not been the go-to tech stock for many investors owing to its less-than-profitable fundamentals. The company’s billings have been rather soft, coming in at $4.4 billion in its Q2, and have averaged 14.2% YoY growth over the last four quarters, which is definitely lagging behind its industry peers, suggesting increasing competition and a smaller customer base. Moreover, analysts expect Intuit’s revenue to rise by 9.1% over the next year, falling from its 17.4% annualized growth for the past five years, indicating some headwinds in the coming days. 

Analysts are also somewhat bullish about INTU, with the stock having a “Moderate Buy” rating overall. Among the 31 analysts covering the stock, 15 recommend a “Strong Buy,” two recommend a “Moderate Buy,” 12 recommend a “Hold,” and two recommend a “Strong Sell.” INTU’s average analyst price target of $421.16 offers a 28.2% upside potential. 

On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.