Industry Odisha Bureau, Aug 26: California’s Mountain View-headquartered American financial technology company Intuit’s annual forecast reportedly indicates a cautious outlook for the company for the fiscal year 2026-27 (FY27).
As per international media reports, “Intuit, the financial technology company that develops financial software and services including TurboTax and Quickbooks, is forecasting its revenue growth for FY27 between $23.28 billion to $23.51 billion, representing a 9% to 10% growth compared to the previous year.”
It has further been reported that, “Intuit expects earnings per share (EPS) to grow in the rnage of $22.88 to $23.12 on an adjusted basis, while the analysts have expected EPS to grow in the range of $27.32.”
International media, citing the ratings of analysts, have added that, “Analysts have a consensus rating of Buy (purchasing shares of a company) for Intuit stock with an average price target of $444.5, suggesting a potential increase of 24.35% over the current stock price.”
