Intuit Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga05-20 18:31

Intuit Inc. (NASDAQ:INTU) will release earnings for its third quarter after the closing bell on Wednesday, May 20.

Analysts expect the Mountain View, California-based company to report quarterly earnings of $12.57 per share, up from $11.65 per share in the year-ago period. The consensus estimate for Intuit's quarterly revenue is $8.54 billion (it reported $7.75 billion last year), according to Benzinga Pro.

On March 16, Intuit said it will significantly speed up its share‑repurchase program and revealed that its senior leadership team is canceling all pre‑scheduled stock‑sale plans.

Intuit shares fell 0.9% to close at $399.71 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Rothschild & Co analyst Omar Sheikh upgraded the stock from Neutral to Buy and raised the price target from $670 to $700 on March 10, 2026. This analyst has an accuracy rate of 57%.
  • Goldman Sachs analyst Kash Rangan maintained a Neutral rating and cut the price target from $720 to $519 on March 2, 2026. This analyst has an accuracy rate of 65%.
  • Mizuho analyst Siti Panigrahi maintained an Outperform rating and slashed the price target from $675 to $600 on March 2, 2026. This analyst has an accuracy rate of 57%.
  • RBC Capital analyst Rishi Jaluria maintained an Outperform rating and cut the price target from $850 to $600 on Feb. 27, 2026. This analyst has an accuracy rate of 52%.
  • Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and lowered the price target from $696 to $558 on Feb. 27, 2026. This analyst has an accuracy rate of 62%.

Considering buying INTU stock? Here’s what analysts think:

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