Is Intuit Stock Underperforming the Nasdaq?

Intuit Inc. (INTU) is a financial technology company that provides software and services for consumers and small businesses, valued at a market capitalization of $97.9 billion. The Mountain View, California-based company’s products include TurboTax, QuickBooks, Credit Karma, and Mailchimp, helping customers manage finances, taxes, accounting, credit, and marketing.

Companies worth $10 billion to $200 billion are generally described as “large-cap stocks,” and INTU definitely fits that description, with its market cap exceeding this threshold and reflecting its substantial size, influence, and dominance within the Application Software industry. Intuit stands out for its strong portfolio of established brands, including QuickBooks, TurboTax, and Credit Karma. Its solid revenue growth, excellent profitability, solid financial health, and growing use of AI to automate financial tasks support customer retention, cross-selling, and continued expansion.

Despite its notable strengths, INTU has slipped 49.2% from its 52-week high of $705.08, reached on September 22, 2025. Over the past three months, INTU stock has climbed 14.4%, outperforming the Nasdaq Composite ($NASX), which declined 1.9% during the same period.

Shares of INTU have declined 46% year-to-date and 46.4% over the past 52 weeks, considerably underperforming the NASDAQ Composite’s 13.6% YTD gain and 21.6% return over the past year.

INTU has been trading above its 50-day moving average since late July but has remained below its 200-day moving average since mid-December last year.

On August 25, INTU shares fell about 3.4% after reporting its fiscal Q4 results as investors reacted to softer fiscal 2027 guidance, with revenue growth expected to slow to 9% to 10% from 14% last year. Pricing pressure in DIY tax, sluggish Mailchimp growth, and higher reported costs also weighed on sentiment. However, adjusted EPS of $4.03 surpassed Wall Street’s estimate of $3.59, while revenue of $4.35 billion beat expectations of $4.27 billion. 

In the competitive Application Software industry, Salesforce, Inc. (CRM) has significantly outperformed INTU, declining just 3.4% year-to-date and posting a marginal gain over the past 52 weeks.

Wall Street analysts are moderately bullish on INTU’s prospects. The stock has a consensus “Moderate Buy” rating from the 31 analysts covering it, while the mean price target of $421.48 suggests potential upside of 17.7% from current price levels.