Intuit Inc. has seen its stock price drop 20.02% to $307.07, marking the company's worst decline since 2003. In light of slowing growth, the CFO announced that approximately 3,000 jobs will be cut, equating to about 17% of the workforce. Analysts have reacted by lowering price targets, with one firm adjusting its estimate from $576 to $504, casting further doubt on Intuit's financial stability despite a revenue guidance increase for fiscal 2026.
“INTU · has value · 307.07 · 307.07”
“INTU · last · price · 307.07”
“INTU · chg. % · change percentage · -20.02%”
“INTU · Price · $307.07”
“INTU · Price · Day's Change % · -20.02%”
“Intuit Inc. · headquartered in · Mountain View, California”
“Intuit · suffers · worst plunge · since 2003”
“Intuit · CFO discusses · job cuts · amid slowing growth”
“INTU · is trading at a · premium · 319%”
“INTU · has a fair value of · Fair Value · $757.00”
“INTU · has a high uncertainty rating · Uncertainty · High”
“INTU · has a market cap of · Market Cap · $106.18B”