Intuit Guides Q1 Revenue to $4.29B-$4.31B
INTU sits 41% above its 52-week low of $252.84.
Summary
Intuit issued first-quarter revenue guidance of $4.29 billion to $4.31 billion. The company also provided fiscal 2027 revenue guidance of $23.28 billion to $23.51 billion, below the IBES estimate of $23.72 billion. Intuit's bottom line declined in Q4, and the company sees FY27 revenue growth nearly halving from fiscal 2026, with restructuring charges and Mailchimp weakness weighing. The guidance follows a strong Q3 fiscal 2026 report that included double-digit revenue growth and an $8 billion buyback authorization.
At the time of this announcement, INTU was trading at $356.91 on NASDAQ in the Technology sector, with a market capitalization of approximately $97.6B. The 52-week trading range was $252.84 to $705.08. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.