Intuit Shares Slip as Technical Indicators Signal Neutrality; Fiscal 2025 Results Show 16 Percent Revenue Growth

Mountain View, Aug. 29 - Intuit Inc. (NASDAQ: INTU) shares fell sharply on Friday, as mixed technical signals outweighed analysts’ upbeat long-term outlook. The stock declined 6.77 percent after trading opened in New York, settling in a zone of technical neutrality following oversold readings on the Relative Strength Index.

Despite the pullback, Wall Street sentiment remains broadly positive: among recent analyst ratings, four call Intuit a “Strong Buy” and five rate it “Buy,” supported by institutional inflows that outpace retail investor caution. Market watchers note that industry developments-such as Rivian and Volkswagen’s $5 billion software joint venture and U.S. export curbs on semiconductor design tools-could indirectly shape Intuit’s supply-chain dynamics, but the impending earnings release is expected to provide clearer directional guidance.

On the fundamentals side, Intuit’s fiscal year 2025 performance underscores the company’s growth trajectory. According to a report published Friday morning, total revenue reached $18.8 billion, up 16 percent year-over-year, driven by a 19 percent increase in platform revenue across QuickBooks, TurboTax Online, and Credit Karma. Looking ahead, Intuit projects fiscal 2026 revenues between $20.997 billion and $21.186 billion, a 12 percent to 13 percent rise, with GAAP operating income forecast at $5.782 billion to $5.859 billion, or 17 percent to 19 percent growth.

Baron Funds, in its second-quarter investor letter, highlighted Intuit’s resilience: “Intuit continues to perform exceptionally well without experiencing a cyclical downturn. The company reported stable small business revenue growth of 19 percent in its latest quarter, alongside a strong growth rate of 11 percent in its consumer segment and an impressive 31 percent growth in Credit Karma, which supported an upward revision of its annual guidance”.

As investors digest both technical and fundamental signals, all eyes turn to the upcoming detailed earnings release, which is poised to clarify Intuit’s near-term trajectory.