Intuit reported 10% revenue and earnings growth in Q3 FY26, raised its guidance, and announced a 17% workforce reduction to focus on AI development. Despite a 60% stock drop due to concerns over AI and legacy platform risks, the company is confident in its value, backing this with $3.34 billion in buybacks year-to-date and a new $8 billion buyback authorization plus dividends. Intuit aims to leverage AI and its strong data assets to turn potential disruption into growth opportunities, signaling resilience amid macroeconomic challenges.
Intuit Inc. reported a 10.4% revenue growth in Q3/26, alongside margin expansion and strong performance in its Global Business Solutions segment. The company is undergoing restructuring to streamline operations and invest in AI-driven growth, while t...
Intuit's stock has fallen 58% despite steady growth in revenue and earnings, with no missed analyst estimates since 2025. The company now trades at about 12 times forward earnings, suggesting it is undervalued. Due to this compressed valuation and a ...
Intuit (INTU) has experienced a more than 50% decline in its stock price year-to-date, yet it continues to show double-digit growth and has recently raised its financial outlook. The company trades at relatively low price-to-earnings ratios for fisca...
Intuit reported strong third-quarter results and raised its full-year 2026 guidance, despite recent market volatility and concerns about AI disruption. The company announced a 17% reduction in its workforce while increasing shareholder returns, signa...
Intuit is under investigation for potential securities fraud related to misleading statements about TurboTax's pricing strategy for the 2026 tax season. The company claimed it was offering the lowest prices to DIY tax filers, but later admitted it lo...
