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Intuit Stock Dips After Strong Q4 as AI Strategy Sparks Skepticism
technology46 minutes ago

Intuit Stock Dips After Strong Q4 as AI Strategy Sparks Skepticism

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.