Why Intuit Shares Are Moving Lower On Friday

Intuit Inc. INTU shares are trading lower on Friday after the company reported fourth quarter earnings and issued 2025 fiscal year first quarter EPS guidance below estimates.

The Details: Intuit reported earnings after the market closed on Thursday. The company reported an adjusted EPS of $1.99, beating analysts’ estimate of $1.84, and sales of $3.18 billion, beating the $3.08 billion estimate. Intuit reported that its Consumer Group revenue fell 12% to $113 million. Additionally, the company highlighted a 20% increase in its Small Business and Self Employed Group revenue, reaching $2.6 billion; Credit Karma revenue increased by 14% to $485 million.

Outlook: Intuit announced guidance for the 2025 first quarter and fiscal year.

First Quarter: The company sees an adjusted EPS of $2.33 to $2.38, below the $2.79 estimates. Additionally, Intuit expects revenue growth between 5% and 6%.

Fiscal Year: The company sees an adjusted EPS of $19.16 to $19.36, above the $19.15 estimates. Also, Intuit sees sales between $18.16 billion and $18.34 billion versus estimates of $18.18 billion.

Analyst Changes: Following the earnings report, multiple analysts issued price target adjustments.

• Piper Sandler analyst Arvind Ramnani reiterated a Overweight rating on Intuit and raised the price target from $760 to $768.
• B of A Securities analyst Brad Sills maintained a Buy rating on Intuit and raised the price target from $730 to $780.
• BMO Capital analyst Daniel Jester maintained a Outperform rating on Intuit and raised the price target from $700 to $760.
• Stifel analyst Brad Reback maintained a Buy rating on Intuit and raised the price target from $690 to $795.
• Jefferies analyst Brent Thill maintained a Buy rating on Intuit and raised the price target from $770 to $790.
• JP Morgan analyst Sterling Auty maintained a Neutral rating on Intuit and raised the price target from $585 to $600.
• Barclays analyst Raimo Lenschow maintained a Overweight rating on Intuit and lowered the price target from $745 to $740.

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INTU Price Action: At the time of writing, Intuit stock is moving 7.90% lower at $612.72 per data from Benzinga Pro.

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