Intuit stock slips as broader market rises, with the financial software maker closing at $341.50 on Friday, a decline of 3.76% from the prior session. The drop stood in contrast to the S&P 500, which added 0.32% on the day. The Dow Jones Industrial Average fell 0.46%, while the Nasdaq Composite, weighted toward technology shares, gained 1.09%.
The move lower came despite a strong recent stretch for the stock. Over the past month, Intuit has climbed 16.77%, outpacing a 5.4% loss for the S&P 500 and an 18.34% decline across the Computer and Technology sector. The company is known for TurboTax, QuickBooks and other accounting and financial software products.
Earnings Report on the Horizon
Investors are looking ahead to Intuit’s next earnings release, scheduled for Nov. 19, 2026. The consensus estimate calls for earnings per share of $2.47, which would represent a 26.05% decrease from the same quarter a year earlier. Revenue is projected at $4.3 billion, up 10.81% from the prior-year period.
For the full year, the Zacks Consensus Estimates project earnings of $23.5 per share and revenue of $23.39 billion. Those figures imply a 3.17% decline in earnings and an 11.8% increase in revenue compared with the previous year.
Analyst Estimate Revisions and Rank
Recent changes to analyst estimates are often viewed as a signal of shifting short-term business trends. Upward revisions tend to reflect a more favorable view of a company’s health and profitability, and research has linked such revisions to near-term share price movement.
The Zacks Rank, a model that incorporates these estimate changes, currently places Intuit at #3 (Hold). Over the past month, the consensus EPS estimate has edged 0.03% higher. The rank system spans from #1 (Strong Buy) to #5 (Strong Sell) and has an outside-audited track record showing that #1 stocks have returned an average of 25% annually since 1988.
Valuation Compared With Industry
Intuit trades at a forward price-to-earnings ratio of 15.1. Its industry carries an average forward P/E of 17.01, suggesting the stock is changing hands at a discount on that measure. The company also has a price/earnings-to-growth ratio of 1.15, which accounts for projected earnings growth. By comparison, the average PEG ratio for the Computer – Software industry was 1.44 at the previous market close.
Industry Group Strength
The Computer – Software industry sits within the broader Computer and Technology sector. Its Zacks Industry Rank of 69 places it in the top 28% of more than 250 industries tracked. The rank is based on the average Zacks Rank of the individual stocks in each group. Research cited by Zacks indicates that the top 50% of rated industries outperform the bottom half by a factor of two to one.
Intuit’s next trading sessions and its upcoming earnings report will be watched for signs of whether the stock can resume the momentum it built over the past month.
