Intuit Inc logo

Intuit IncNasdaq: INTU

Information Technology · Application Software

$398.68

+2.62%

Vol: 1.5M

Research Digest

Friday, May 1, 2026

Positive

Intuit completes FedNow certification for instant payments April 9; Q3 FY26 earnings due May 20.

Intuit completed FedNow service certification April 9, 2026, enabling instant payments through financial institution partnerships. Q2 FY2026 EPS $4.15 vs $3.68 forecast (+12.77%), revenue $4.65B vs $4.53B est, +2.3% stock gain. Revenue +17% YoY to $4.7B, non-GAAP operating income $1.5B (+15%) on AI products. Q3 FY26 earnings due May 20, 2026.

Price 50d 200d

Previous Market Intelligence

13 days
Apr 30Intuit and Anthropic announce multi-year AI partnership; company won FTC appeal on TurboTax advertising and secures FedNow certification.Positive

Intuit partnered with Anthropic to bring custom AI agents and trusted financial intelligence to consumers and businesses through Claude, with TurboTax, QuickBooks, and other tools now available. The company completed FedNow Service Certification for instant payments in April 2026. Intuit won a significant regulatory victory by prevailing in an FTC appeal regarding TurboTax advertising practices. Analysts maintain Strong Buy consensus with $799.32 average price target (46.59% upside). Earnings report scheduled for May 21, 2026.

Apr 16Intuit completes FedNow certification; Q2 revenue $4.7B +17% YoY; AI disruption fears easePositive

Intuit completed Federal Reserve FedNow Service certification on April 9, enabling instant payments via invoicing, payroll, and bill pay. Q2 FY2026 revenue reached $4.7B, up 17% YoY, driven by strong QuickBooks growth. Board approved 15% dividend increase to $1.20/share (payable April 17). Major bank upgraded INTU to Top Pick, noting AI disruption fears overstated. Stock rallied 5.79% on April 15 after prior month decline of -22.41%. 52-week decline -40.87% reflects valuation reset. Analyst consensus: Buy (29 analysts); 12-month PT $599.51.

Apr 15Intuit stock plunged 22% in April after Anthropic unveiled Managed Agents service, but company achieved FedNow certification.Negative

Intuit stock collapsed 22% in April as Anthropic's new Managed Agents service triggered fears that autonomous AI could disrupt traditional SaaS models. However, the company achieved Federal Reserve FedNow Service certification, enabling instant payments. The company approved a 15% dividend increase to $1.20/share payable April 17. Stock fell to 4-year technical lows at $351. Consensus price target is $603 (28 analysts Buy), implying 72% upside.

Apr 14FedNow certification completion and strong Q2 results drive momentum; analyst consensus upgrades to Strong Buy with 47% upside.Positive

Intuit completed Federal Reserve certification for FedNow Service, enabling enhanced instant payment capabilities. Q2 FY2026 results showed EPS of $4.15 beating the $3.68 forecast and revenue of $4.65B exceeding $4.53B estimate. Non-GAAP operating income grew 15% YoY. Analyst consensus upgraded to Strong Buy with $799.32 price target. The Anthropic partnership is driving AI capabilities optimism.

Apr 13Intuit stock plunged to 4-year lows (~$361); Anthropic Managed Agents launch sparked AI disruption fears; FedNow certification completed.Negative

Intuit faced significant headwinds as Anthropic's launch of Managed Agents autonomous AI systems spooked investors. Stock declined 4.3% in recent trading after falling 8.5% following the announcement, with shares down 24% YTD. Company completed Federal Reserve FedNow Service certification, enabling instant payments. Despite Intuit reporting Q2 fiscal 2026 earnings beat in March, fundamental headwinds persist from government-sponsored free tax filing expansion and AI disruption fears.

Apr 10Intuit achieves FedNow certification but stock crashes 8% on AI competition and IRS Direct File threats.Negative

Intuit achieved FedNow Service certification on April 9, enabling enhanced instant payment solutions for business customers. However, stock fell sharply as IRS announced its free Direct File tax system will become permanent and expanded, threatening TurboTax core consumer tax business. Additional pressure came from AI competition concerns about impact on Intuit pricing power. Stock dividend of $1.20 per share payable April 17.

Apr 9Intuit beats Q2 FY26 expectations with 18% revenue growth and multi-year AI collaboration with AnthropicPositive

Intuit reported Q2 fiscal 2026 revenue of $4.65 billion (+17.36% YoY), beating consensus estimate of $4.62 billion. Gross profit was $3.65 billion (+19.23% YoY), operating profit $855 million (+44.18% YoY), net income $693 million (+47.13% YoY), and diluted EPS $2.48 (+48.5% YoY). In March 2026, Intuit was added to the NASDAQ Internet Index. The company declared a quarterly dividend of $1.20 per share (record date April 9, 2026; payment April 17), representing a 15% increase YoY. A major development is Intuit's multi-year AI collaboration with Anthropic supporting AI agents to automate complex workflows for mid-market and SMB customers. The company will host its annual Investor Day on September 17, 2026. Wall Street consensus: Buy with average 12-month target of $799.32 (+46.59% from current price). 22 analysts maintain Buy consensus with $698.73 average target.

Apr 8Intuit shares climb on accelerated buyback announcement; ex-dividend April 9.Positive

Intuit announced significant acceleration of share-repurchase program, lifting stock price. Q2 FY2026: revenue $4.7B (+17%), QuickBooks Online +24%, TurboTax +12% to $581M. Multi-year AI collaboration with Anthropic ongoing. Ex-dividend date April 9. 19 analysts rate Strong Buy with target $799.32 (+46.59%).

Apr 7Intuit beats Q2 guidance; multi-year AI partnership with Anthropic; Investor Day Sept 17.Positive

Intuit reported strong Q2 fiscal 2026 results exceeding expectations with revenue growth of 17% to $4.7 billion, added to NASDAQ Internet Index. Signed multi-year AI collaboration with Anthropic supporting Intuit AI agents automating workflows for SMBs. FY2026 guidance $20.997-21.186 billion (+12-13% growth). Board approved $1.20 quarterly dividend (+15% YoY) payable April 17. Halted insider sales and accelerated share repurchase program. Investor Day scheduled September 17, 2026.

Apr 6Intuit Q2 FY2026 beats: revenue $4.65B (+17% YoY), EPS $4.15 (+25% YoY); stock +18.3%; dividend +15%.Positive

Intuit Q2 FY2026 revenue $4.65B (+17% YoY), EPS $4.15 (+25% YoY). Board approved $1.20 quarterly dividend (+15% YoY), payable April 17. Repurchased $961M; $3.5B remains. Partnered with Qodo for AI code review. 90-day return -35.71%. Consensus PT $603.49 with 28 Buys.

Apr 3Intuit beat Q2 FY26 earnings expectations (EPS $4.15 vs $3.68 forecast) and announced multi-year partnerships with Anthropic and OpenAI.Positive

Intuit delivered strong Q2 fiscal 2026 results with revenue of $4.65 billion and EPS of $4.15, 12.77% above consensus. The company announced strategic partnerships with Anthropic and OpenAI to integrate custom AI agents into its platform. Despite a 2.83% weekly decline, the stock is up 5.82% over the past month. The Strong Buy consensus has a $799.32 price target, implying 46.59% upside.

Apr 1Intuit reported strong Q2 FY2026 earnings with $4.65B revenue (+16.7% YoY) and $4.15 EPS beating estimates, driven by AI integration and Anthropic partnership.Positive

Intuit delivered robust second-quarter fiscal 2026 results with revenue of $4.65 billion versus $4.53 billion expected and EPS of $4.15 beating the $3.68 forecast. The company is expanding AI capabilities through partnerships with Anthropic for custom AI agents and with Affirm for QuickBooks Payments integration. Strategic launches include the Intuit Enterprise Suite Construction Edition. Analyst consensus rates INTU as Strong Buy with 12-month price target of $799.32, implying 46.6% upside.

Mar 31Intuit beat Q2 FY2026 with $4.15 EPS and $4.65B revenue; Anthropic AI Agents partnership.Positive

Intuit revenue $4.65B exceeded $4.53B forecast, EPS $4.15 beat $3.68. Partnership with Anthropic for Custom AI Agents. 28 Buy recommendations. $1.20 dividend. Stock at $416-422, P/E 27.02.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
ORCLORACLE$171.78+6.44%+10.9%20.1x1.60$464.2B
PLTRPALANTIR$144.27+3.71%-6.0%74.6x1.67$333.5B
APPAPPLOVIN$461.07+3.30%+8.2%21.9x2.50$150.1B
CRMSALESFORCE$184.10+4.29%-4.6%11.8x1.29$144.4B
INTUINTUIT$398.68+2.62%-6.9%14.7x1.21$108.1B
ADBEADOBE$250.47+1.78%+0.7%9.3x1.52$99.5B

Key Fundamentals

Market Cap$108.1B
P/E (TTM)25.3
Forward P/E14.7
Beta1.21
Div Yield117.00%
Prev Close$388.50

RSI (14-Day)

59Neutral
0305070100

52-Week Range

$342.11$398.68$813.70
From High-51.0%
From Low+16.5%

Moving Averages

50d SMA
$413.90-3.7%
200d SMA
$591.16-32.6%

Price below 200d MA — bearish structure.

Historical Returns

1W
-2.5%
1M
-7.1%
3M
-26.0%
6M
-41.5%
1Y
-35.2%
YTD
-36.5%

Volume

Today1.5M
20d Avg3.3M
Ratio0.46x