Intuit Stock Dips After Strong Q4 as AI Strategy Sparks Skepticism

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Source: Barron's
Intuit Stock Dips After Strong Q4 as AI Strategy Sparks Skepticism
Photo: Barron's
TL;DR Summary

Intuit beat Q4 estimates with adjusted EPS of $4.03 on revenue of $4.35B, but issued FY2027 guidance of $22.88–$23.12 per share on $23.3–$23.5B revenue, well below consensus due to including stock-based compensation. CEO Sasan Goodarzi says the company will use price competition to gain market share amid AI expansion, a stance that contributed to the stock’s drop after the report.

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