NasdaqGS:INTUSoftware
How Investors Are Reacting To Intuit (INTU) Balancing Softer TurboTax Outlook With Bigger Buybacks And Dividend Hike
In late August 2026, Intuit reported fiscal 2026 results, issued more cautious revenue and earnings guidance for fiscal 2027, raised its quarterly dividend to US$1.38 per share, and completed a multi-year buyback totaling 31,064,689 shares for about US$14.72 billion.
At the same time, new class action litigation over alleged misstatements on AI competition and Mailchimp’s prospects, alongside workforce cuts and pricing shifts to address pressure in TurboTax, added fresh questions about how...