🔴 Intuit is trading 11.83% down in pre-market after conservative fiscal 2027 guidance

Intuit is trading 11.83% down in pre-market at $315.16 after management issued a conservative fiscal 2027 outlook, despite beating fourth-quarter revenue expectations.

• Fiscal 2027 revenue guidance of $23.28 billion–$23.51 billion implies 9%–10% growth, below fiscal 2026’s 14% pace.
• Adjusted EPS guidance also missed consensus.
• Shares closed August 25 at $357.46, down 3.37%.