On September 2, Intuit declined 3.01% in regular trading, trading at approximately $348.37 per share, with turnover of $384 million. The stock remains under sustained pressure following the release of its fiscal Q4 earnings and a sharply disappointing full-year outlook.

While Intuit delivered a strong Q4 beat — revenue of $4.35 billion (up 14% YoY) and adjusted EPS of $4.03 versus the $3.58 consensus — the company's FY2027 guidance came in well below expectations. Non-GAAP EPS guidance of $22.88–$23.12 fell far short of the Street's $27.30 estimate, and revenue guidance of $23.28–$23.51 billion missed the $23.70 billion consensus. Management attributed the growth slowdown to weak Mailchimp sales, declining desktop products, and lower TurboTax per-customer revenue, signaling a strategic pivot toward customer acquisition via free and low-cost offerings.

Multiple Wall Street firms have since cut their price targets, including JPMorgan to $331, Bank of America to $360, Daiwa to $400, and Barclays to $408, while Wolfe Research downgraded the stock to Peer Perform. UBS characterized the guidance as a reset rather than confirmed stabilization, flagging risks from AI-based competition in the tax preparation space.

(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.)