Intuit (INTU), the parent company of TurboTax, QuickBooks, Credit Karma, and Mailchimp, will report its first-quarter earnings for fiscal 2026 on November 20, after the market closes. Analysts expect the company to post adjusted earnings per share of $3.09 and revenue of $3.76 billion. That would be an increase from the same quarter last year, when Intuit earned $2.50 per share on $3.28 billion in revenue.
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Investors will be watching closely to see how Intuit’s main business units, especially Credit Karma and its small business software group, perform. Indeed, these areas have shown strong growth recently, as demonstrated by the image below.
Intuit’s investments in AI and automation are also key, as the company uses them to improve its products. In addition, investors will be looking for updates on Intuit’s guidance for the rest of the year, especially since there is a lot of uncertainty in the economy right now, along with growing competition.
What Do Options Traders Anticipate?
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. Indeed, the at-the-money straddle suggests that options traders expect a 6.4% price move in either direction. This estimate is derived from the $650 strike price, with call options priced at $21.59 and put options at $19.95.
Is INTU Stock a Buy, Sell, or Hold?
Turning to Wall Street, analysts have a Strong Buy consensus rating on INTU stock based on 16 Buys, one Hold, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average INTU price target of $831.40 per share implies 28% upside potential. Separately, TipRanks’ AI analyst has an Outperform rating with a $735 price target.
