Intuit Shares Sink as FY2027 Revenue Growth Slows to 9%-10%

Intuit shares fell 8.69% to $326.39 in after-hours trading on Aug. 25 after the company released fiscal fourth-quarter and full-year 2026 results and issued a fiscal 2027 outlook after the market close. The outlook calls for revenue growth of 9% to 10%, below the company’s 14% growth rate in fiscal 2026 and short of the analyst consensus estimate.

Intuit confirmed the timing of its results release through its investor-relations calendar. Reported market data showed the after-hours drop followed a 3.37% decline during the regular session.

Fiscal 2027 guidance trails consensus as growth slows

According to Reuters reporting published by Investing.com, Intuit forecast fiscal 2027 revenue of $23.279 billion to $23.512 billion, implying growth of 9% to 10%, compared with 14% revenue growth in fiscal 2026. The outlook is below analysts’ approximate $23.72 billion consensus estimate, including at the top end of the range.

Customer acquisition priority underpins the outlook

Management’s stated approach behind the forecast is to prioritize customer acquisition and market-share gains, Reuters reported. That framing places the below-consensus outlook in the context of a growth strategy rather than a change to the forecast range itself.

… Continue reading the full article at the original source below.