Latest News - Intuit
Top Corporates Hub
Intuit
Why Intuit (INTU) Shares Are Trading Lower Today
23.05.2026 04:44
Shares of financial technology platform Intuit (NASDAQ:INTU) fell 20.3% in the afternoon session after the company reported underwhelming first quarter financial results and announced plans to cut 17% of its global workforce, or about 3,000 jobs, as part of an 'aggressive AI efficiency push.'
Asana, Atlassian, and BlackLine Shares Are Falling, What You Need To Know
23.05.2026 04:36
A number of stocks fell in the afternoon session after Intuit's plunge spread across the sector and reignited the thesis that generative AI is structurally undermining the legacy SaaS business model. Intuit Inc (NASDAQ:INTU) shares opened about 19% lower despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce.
Sprout Social and Veeva Systems Shares Plummet, What You Need To Know
23.05.2026 04:28
A number of stocks fell in the afternoon session after Intuit's plunge spread across the sector and reignited the thesis that generative AI is structurally undermining the legacy SaaS business model.
These S&P500 stocks have an unusual volume in today's session
22.05.2026 17:05
In today's session, there are S&P500 stocks with remarkable trading volume. Explore the stocks exhibiting unusual volume in Friday's session.
Intuit's Strong Q3 Fuels FY26 Raise: Can Growth Engines Keep Firing?
22.05.2026 14:43
INTU raises its FY2026 outlook after a strong Q3, with double-digit revenue and EPS growth fueled by momentum in tax, money and mid-market solutions.
INTU Q1 Deep Dive: Workforce Reduction and Assisted Tax Growth Amid Market Contraction
22.05.2026 13:48
Financial technology platform Intuit (NASDAQ:INTU) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 10.4% year on year to $8.56 billion. The company expects next quarter’s revenue to be around $4.27 billion, coming in 3.1% above analysts’ estimates. Its non-GAAP profit of $12.80 per share was 1.8% above analysts’ consensus estimates.
Earnings Release: Here's Why Analysts Cut Their Intuit Inc. (NASDAQ:INTU) Price Target To US$525
22.05.2026 12:51
There's been a notable change in appetite for Intuit Inc. ( NASDAQ:INTU ) shares in the week since its third-quarter...
Intuit customers spending more as it improves experiences across brands
22.05.2026 11:20
The company is tapping into a “flywheel effect” with its customers and has seen higher revenue per users with customers using multiple products, CEO Sasan Goodarzi said.
Another California tech company lays off thousands, citing AI
22.05.2026 10:00
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry.
Intuit: Perfect Time To Buy This High-Quality Compounder
22.05.2026 09:00
Intuit presents a rare buying opportunity after a 20% post-earnings crash down to 11.4x forward EPS. Find out why INTU stock is a strong buy.
INTU, LCID, ELF Stocks Slide To 52-Week Lows: Here’s Why
22.05.2026 04:30
Intuit, Lucid Group, and e.l.f. Beauty declined to fresh 52-week lows on Thursday, even as Wall Street has raised concerns about the stocks.
Earnings selloff in this software stock has gone too far, Jefferies says
21.05.2026 13:43
Investing.com -- The post-earnings share price decline for one major software name has been excessive given the limited nature of the miss, Jefferies told investors in a note Thursday, arguing that the stock's valuation has fallen to levels not seen since the 2008 global financial crisis.
Intuit shares drop despite Q3 beat on TurboTax weakness, workforce reduction
21.05.2026 13:38
Intuit Inc (NASDAQ:INTU, XETRA:ITU) shares opened about 19% lower on Thursday despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce. The...
What's going on in today's pre-market session
21.05.2026 12:30
Wondering what's happening in Thursday's pre-market session? Find an overview in this article.
Intuit Raises Fiscal 2026 Outlook Following Third-Quarter Beat; Plans to Reduce Workforce by 17%
21.05.2026 10:44
Intuit (INTU) lifted its full-year outlook and reported fiscal third-quarter results above Wall Stre
Intuit shares tumble after weaker TurboTax outlook despite stronger earnings guidance (INTU)
21.05.2026 10:18
Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme, sending the stock down more than 13% in premarket trading on Thursday.
Intuit Restructures For AI Push As Shares Trade Below Valuation Estimates
21.05.2026 10:16
Intuit (NasdaqGS:INTU) is cutting about 3,000 roles, or 17% of its global workforce, as part of a broad restructuring focused on artificial intelligence. The company is closing certain offices and reshaping its operating model while highlighting new AI driven features such as QuickBooks Workforce and Enterprise Suite updates. The restructuring was announced alongside strong Q3 results and a raised full year outlook. For you as an investor, this move sits at the intersection of software,...
Intuit Inc. (INTU) Expands Enterprise Suite for Mid-Market Businesses
21.05.2026 08:42
Intuit Inc. (NASDAQ:INTU) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Intuit Inc. (NASDAQ:INTU) confirmed it has enhanced its Intuit Enterprise Suite with the inclusion of multi-entity close automation, dimensional reporting capabilities, and construction industry features. The suite will also come with an integrated Human Capital Management solution. […]