Intuit stock steadies ahead of August 25 earnings after guidance raise

Intuit Inc. (US4612021039) stock is trading in the mid-$330 range as of August 13, 2026, with investors positioning ahead of the company’s upcoming fiscal fourth-quarter and full-year 2026 earnings release scheduled for August 25, 2026 after the market close. Per recent coverage, Intuit has already reported double-digit revenue and earnings growth for fiscal Q3 2026 and raised its guidance for the full year, which keeps expectations elevated going into the next set of numbers.

Q3 2026 results show broad-based growth

According to a recent earnings overview that summarizes Intuit’s fiscal Q3 2026 report, revenue in the third quarter of fiscal 2026 increased 10% year-over-year to $8.56 billion, ahead of consensus expectations of $8.52 billion. This beat, while modest in dollar terms, signals that the company is still growing faster than analysts projected at the time of the release.

The same overview notes that consumer revenue in fiscal Q3 2026 rose 8% year-over-year to $5.3 billion, driven by growth in TurboTax and Credit Karma within the consumer ecosystem. On the B2B side, global business solutions revenue grew 15% year-over-year to $3.3 billion in the quarter, highlighting that the expansion of QuickBooks and related services is currently outpacing the consumer segment.

Non-GAAP earnings per share in fiscal Q3 2026 climbed 10% year-over-year to $12.80, above the consensus estimate of $12.48 per share. This EPS beat of $0.32 underscores that Intuit is not only growing its top line but also maintaining profitability leverage, a key point for investors watching margins through the tax season and beyond.

Guidance raised for fiscal 2026

The same Q3 2026 analysis reports that Intuit raised its full-year fiscal 2026 outlook alongside the results. Management now expects revenue growth of 13% to 14% for fiscal 2026, with a projected range of $21.34 billion to $21.37 billion, compared with prior expectations that were lower. This implies that the company believes its mix of consumer tax, credit, and small-business software can sustain mid-teens growth across the fiscal year.

On the earnings side, the company’s non-GAAP EPS guidance for fiscal 2026 is set to grow 18% to a range between $23.80 and $23.85, reflecting confidence that cost discipline and operating leverage can support faster profit growth than revenue. As a quantified comparison, this guided EPS growth rate is meaningfully higher than the 10% year-over-year increase delivered in fiscal Q3 2026, suggesting a planned acceleration into the fiscal fourth quarter and the rest of the year.

Forecast data compiled in the same coverage further indicate that analysts expect EPS to continue expanding beyond fiscal 2026. For fiscal 2027, the consensus calls for EPS to reach $21.11, up from $18.18 estimated for fiscal 2026 on that basis, and EPS for Q4 2026 alone is projected to grow 26% year-over-year to $2.14. While these figures are forward-looking estimates rather than reported results, they frame the growth expectations that are contributing to current valuation levels.

Stock performance, price levels, and volatility

Market data pages tracking Intuit’s share price show that the stock last closed at $334.71 on August 12, 2026, at 4:00 p.m. Eastern Time, with a subsequent before-hours indication on August 13, 2026, showing a price of $338.00, up $3.29 or 0.98%. This places the shares in the mid-$330s heading into the next regular trading session, a level that is now being watched against both recent lows and the wider year-to-date performance.

The same data set notes that Intuit reached a 52-week low of $252.84 on June 22, 2026, and that the shares are now up 31% from that level based on more recent trading. That rebound from the June 22, 2026 low illustrates how quickly sentiment can shift when investors regain confidence in the company’s earnings trajectory and tax-season execution, even after a period of pressure in more price-sensitive customer segments.

Another performance snapshot indicates that Intuit shares were trading at $662.42 on January 1, 2026, and have since declined to the mid-$340 range, representing a decrease of around 48% year-to-date on that basis. This sharp quantified drop shows that, despite the recent 31% recovery from the 52-week low, the stock remains well below its starting level for 2026, reflecting lingering concerns tied to tax-season dynamics and competitive pricing pressure.

Analyst targets and sentiment around the stock

Analyst overview data that aggregate multiple price targets show an average target price pointing to a potential upside of 37.80% from the recent closing level of $334.71 as of August 12, 2026. This suggests that, collectively, analysts still see substantial room for the shares to recover over their typical 12-month horizon, even after the drawdown earlier in the year.

In addition, one international investing platform cites a target price of $454.65 for Intuit shares, describing this as a 26.38% upside compared to the same current price of $334.71. The gap between these upside percentages and the 48.4% year-to-date decline since January 1, 2026 highlights how the market’s reset in valuation has created a wide range between historical peaks and what analyst models currently anticipate.

Individual analyst actions also reflect this recalibration. A recent note summarized in a market-data service reports that a major bank has adjusted its price target on Intuit to $457 from $591 while maintaining a positive rating stance. That cut of $134 in the target price, combined with the retained favorable rating, illustrates a nuanced view: analysts are tempering valuation assumptions but still expect earnings and cash flow growth to support future share appreciation.

Legal overhang from securities class action

Alongside the fundamental story, investors now face a legal dimension as a federal securities class action has been filed against Intuit in relation to its communications around the tax season and Q3 2026 performance. A law firm notice dated August 13, 2026 reminds investors of a September 8, 2026 deadline to seek the role of lead plaintiff in that case, which centers on alleged misstatements and omissions ahead of and during the tax season reporting period.

The same notice recaps that on May 20, 2026, Intuit released its fiscal Q3 2026 financial results, including 2026 tax season revenue, and acknowledged that it did not have the overall tax season it expected. The company stated that it faced pressure among the most price-sensitive DIY filers and that it lost on price in certain segments, prompting plans to evolve its business model with a different lineup and price points for simple filers at the low end.

The notice also points out that the company indicated TurboTax online paying units were expected to grow by only 2%, while total IRS filers were expected to decline by 30 basis points in what was described as the most significant industry-wide contraction since the post-COVID tax season. On this news, Intuit’s stock price fell $76.86 per share, or 20.02%, to close at $307.07 on May 21, 2026, underscoring how sensitive the shares are to changes in tax-season performance metrics and guidance.

Tax-season pressure and business model adjustments

Further investor alerts that summarize the same events emphasize that Intuit’s shares closed at $307.07 on May 21, 2026, down $76.86 in a single session, a 20.02% decline after weaker-than-expected tax-season results were fully disclosed. The day before, the stock had already fallen $15.78, or 3.95%, to $383.93 on layoff news, indicating that the market was reacting to both operational and cost-structure signals in rapid succession.

These alerts recount that in the wake of fiscal Q3 2026 results, management indicated TurboTax revenue grew only 7% compared with an internal target of 8%, and acknowledged pressure among filers earning less than $50,000 per year. While a 1 percentage point shortfall may sound small in isolation, it can be material when multiplied across a large base of tax-filing customers and when investors have priced in more aggressive growth.

The pressure among price-sensitive filers led Intuit to outline plans to adjust its product lineup and pricing structure to better match simple filers’ needs. For shareholders, the key question is how quickly those changes can translate into renewed unit growth and improved tax-season economics without undermining the company’s broader positioning as a premium, full-service tax solution provider.

Upcoming Q4 2026 earnings as the next catalyst

Against this backdrop, the scheduled release of fiscal Q4 2026 and full-year 2026 results on August 25, 2026 is now the next major known catalyst for Intuit stock. Earnings calendars compiled by financial portals list the report as coming after the close that day, which means investors will likely see the headline numbers and initial market reaction in extended trading before the following regular session.

Consensus expectations for Q4 2026, as summarized in the same coverage, call for EPS to grow 26% year-over-year to $2.14. If Intuit delivers or exceeds this growth rate, it would reinforce the narrative that the company can recover from the tax-season stumble and regain momentum in both consumer and business segments. A miss, by contrast, would raise fresh questions about whether the guidance and analyst targets remain too optimistic.

Beyond EPS, investors will pay attention to whether Q4 2026 revenue growth tracks within the guided 13% to 14% range and whether management maintains, lifts, or trims the full-year outlook for fiscal 2027. Any adjustments to the revenue or EPS trajectory in the upcoming guidance could interact strongly with the existing year-to-date share price decline and the legal overhang, potentially amplifying volatility around the release.

TurboTax as a flagship consumer product

Within Intuit’s portfolio, TurboTax stands out as a flagship consumer product that directly reflects the company’s positioning in the tax-preparation market. In the fiscal Q3 2026 breakdown cited earlier, consumer revenue of $5.3 billion, up 8% year-over-year, was attributed in part to growth in TurboTax and Credit Karma, underlining how central these offerings are to the company’s revenue mix.

TurboTax competes with both traditional tax-preparation services and other online platforms by offering software that can handle a range of filing complexities, from simple returns to more involved situations with deductions and investments. The recent commentary around losing on price among the most price-sensitive DIY filers suggests that the product’s value proposition is being tested at the low end of the market, where even small changes in pricing can shift user behavior.

For Intuit, the challenge and opportunity with TurboTax lie in balancing price, usability, and perceived value so that the platform can retain and attract simple filers without eroding margins or diluting the experience for more complex users. The company’s planned evolution of its lineup and price points is likely to manifest directly within TurboTax’s tiers and bundles, making future tax seasons a key proving ground for these strategy adjustments.

Shares trading on Nasdaq with mid-$330 price level

Intuit Inc. shares trade on the Nasdaq exchange under the ticker INTU, with recent quote pages showing a closing price of $334.71 as of August 12, 2026, 4:00 p.m. Eastern Time, and a before-hours indication of $338.00 on August 13, 2026. At these levels, the stock sits well above its 52-week low of $252.84 from June 22, 2026 but still far below the $662.42 level at which it opened the year on January 1, 2026.

This positioning means that, as of mid-August 2026, Intuit is in a recovery phase: the shares have gained 31% from the June 22, 2026 low, yet remain down around 48% from the January 1, 2026 mark. For investors, that combination of partial rebound and still-elevated drawdown reinforces the importance of the upcoming August 25, 2026 earnings release and any subsequent guidance updates in determining whether the recovery has further to run.

Read more

More on Intuit stock

Intuit’s consumer tax ecosystem

Beyond TurboTax as a single product, Intuit operates a broader consumer tax ecosystem that includes support tools, integrations with financial accounts, and links to services like Credit Karma. The fiscal Q3 2026 revenue mix underscores how these products collectively delivered $5.3 billion in consumer revenue, an 8% year-over-year increase that remained a key pillar of the company’s overall $8.56 billion revenue in the quarter.

Within that ecosystem, users can often move from basic tax-preparation tasks to more comprehensive financial management and credit monitoring, a flow that supports cross-selling and higher lifetime value per customer. However, the recent admission that the company lost on price among certain DIY filers indicates that the broader ecosystem still needs to accommodate customers who are highly sensitive to upfront costs, especially in segments where competing low-cost or free offerings exist.

Stock level and investor lens

As of the most recent completed regular session on August 12, 2026, Intuit’s closing share price of $334.71 on Nasdaq, with extended and before-hours indications near $338.00 on August 13, 2026, provides a concrete reference point for investors tracking the stock’s recovery from its 52-week low and its decline since the start of the year. This price level sits against a backdrop of double-digit revenue and EPS growth in fiscal Q3 2026, raised guidance for fiscal 2026, and a material year-to-date drawdown that is still being digested by the market.

Fact box

Company: Intuit Inc.
ISIN: US4612021039
Ticker: INTU
Exchange: Nasdaq
Price (as of August 12, 2026, 4:00 p.m. ET): $334.71 USD
Sector / Industry: Information technology / Application software
Index membership: Nasdaq-100