- Price
- $302.75 → $325.15(+7.4%)
- Discount
- 29.6% → 24.4%(−5.2 pts)
- LSEG rating
- 2.36 → 2.34(−0.02)
- Recent events
- 2026-10-14: Intuit made Intuit Intelligence, its AI agent platform for QuickBooks and its accountant software, available outside the United States, with releases from Toronto, London and Sydney. Some new features, such as automatic invoicing, are in beta.
2026-09-17: At its investor day, the CEO said that price was the main reason why do-it-yourself tax customers left TurboTax. In tax year 2025, Intuit tested Credit Karma Tax, with a free federal return and a $15 state return. Intuit said that Credit Karma will now lead with a free offer for price-sensitive filers.
2026-09-17: At its investor day, Intuit reiterated fiscal 2027 guidance: revenue of $23.28 to $23.51 billion (9% to 10% growth) and non-GAAP diluted EPS of $22.88 to $23.12 (23% to 24% growth on the new basis). It also set three-year targets: 10% to 15% yearly growth for Global Business Solutions, 4% to 8% for Consumer, and non-GAAP EPS growth in the high teens or more.
2026-08-25: Intuit reported fiscal 2026 results. Revenue grew 14% to $21.4 billion, and the newer 'Big Bets' products grew 34%. Intuit guided 9% to 10% revenue growth for fiscal 2027 and raised the quarterly dividend 15% to $1.38. From fiscal 2027, non-GAAP earnings include stock pay. The stock fell about 12% on the next day.
2026-08-17: A second class action, Bruce v. Intuit, was filed in the same court. It covers a longer period, from February 25, 2025 to June 1, 2026.
2026-07-10: A shareholder filed a securities class action, Baldwin v. Intuit, in the US District Court for the Northern District of California. It alleges misleading statements about TurboTax's position with do-it-yourself filers from August 22, 2025 to May 20, 2026.
2026-05-20: Intuit reported Q3 fiscal 2026 revenue of $8.56 billion, up 10%. It lowered its TurboTax outlook because it lost price-sensitive filers. It also announced a cut of 17% of its full-time workforce, about 3,000 jobs according to Reuters.
2026-02-24: Intuit announced a multi-year partnership with Anthropic. TurboTax, Credit Karma, QuickBooks and Mailchimp connect to Claude products, and Intuit builds custom AI agents for mid-market businesses with the Claude Agent SDK. Intuit signed a similar deal with OpenAI in November 2025.