Investor Sentiment on Intuit (INTU) Shifts Following Weak Earnings Guidance

Intuit Inc. (NASDAQ:INTU) is one of the 11 best software stocks to invest in according to billionaires.

Investor Sentiment on Intuit (INTU) Shifts Following Weak Earnings Guidance

Following the company’s earnings release on February 26, 2026, investors recalibrated their expectations, as Intuit Inc. (NASDAQ:INTU) management’s expectations for Q3 profit are lower than those of Wall Street. After the results, the stock declined 4% in extended trading, drawing attention from analysts at Goldman Sachs.

Analysts at Goldman Sachs remain confident in the company’s efforts to leverage AI for better customer outcomes. On February 27, 2026, Goldman Sachs reiterated a “Neutral” rating and a $519.00 price target.

In the last six months, Intuit Inc. (NASDAQ:INTU) saw a roughly 30% decline in its share price, in line with its peers. Yet the company reported second-quarter revenue at 2.6% and an operating margin approximately 250 basis points above the consensus estimate.

While Intuit Inc. (NASDAQ:INTU) kept its fiscal 2026 guidance unchanged, its third-quarter earnings-per-share guidance fell short of the consensus estimate by 4%.

At the same time, management’s revenue guidance met street expectations. Management’s confidence in its revenue outlook stems from its Global Business Solutions segment, where the company recorded a 24% growth in its QuickBooks Online Accounting sub-segment and an 18% growth in its Online Services sub-segment.

Intuit Inc. (NASDAQ:INTU) focuses on providing business and financial management solutions. The company serves individuals and small businesses for tax preparation and filing purposes.

While we acknowledge the risk and potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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