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Intuit (INTU) Increases Despite Market Slip: Here's What You Need to Know
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In the latest trading session, Intuit (INTU - Free Report) closed at $334.43, marking a +2.82% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.06%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq decreased by 0.32%.
Shares of the maker of TurboTax, QuickBooks and other accounting software witnessed a gain of 18.29% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.78%, and the S&P 500's gain of 3.42%.
The upcoming earnings release of Intuit will be of great interest to investors. The company's earnings report is expected on August 25, 2026. It is anticipated that the company will report an EPS of $3.59, marking a 30.55% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $4.27 billion, showing a 11.52% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $23.85 per share and revenue of $21.37 billion. These totals would mark changes of +18.36% and +13.48%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Intuit. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.29% rise in the Zacks Consensus EPS estimate. Intuit is currently a Zacks Rank #3 (Hold).
In the context of valuation, Intuit is at present trading with a Forward P/E ratio of 11.89. This valuation marks a discount compared to its industry average Forward P/E of 18.13.
Investors should also note that INTU has a PEG ratio of 0.79 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Computer - Software industry had an average PEG ratio of 1.61.
The Computer - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Intuit (INTU) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Intuit (INTU - Free Report) closed at $334.43, marking a +2.82% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.06%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq decreased by 0.32%.
Shares of the maker of TurboTax, QuickBooks and other accounting software witnessed a gain of 18.29% over the previous month, beating the performance of the Computer and Technology sector with its gain of 2.78%, and the S&P 500's gain of 3.42%.
The upcoming earnings release of Intuit will be of great interest to investors. The company's earnings report is expected on August 25, 2026. It is anticipated that the company will report an EPS of $3.59, marking a 30.55% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $4.27 billion, showing a 11.52% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $23.85 per share and revenue of $21.37 billion. These totals would mark changes of +18.36% and +13.48%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Intuit. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.29% rise in the Zacks Consensus EPS estimate. Intuit is currently a Zacks Rank #3 (Hold).
In the context of valuation, Intuit is at present trading with a Forward P/E ratio of 11.89. This valuation marks a discount compared to its industry average Forward P/E of 18.13.
Investors should also note that INTU has a PEG ratio of 0.79 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Computer - Software industry had an average PEG ratio of 1.61.
The Computer - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.