INTU is trading at $381.07 (-3.38%) in after-hours sessions following the release of its Q2 fiscal 2026 earnings report that beat analyst expectations.
- Revenue grew 17% to $4.7B and non-GAAP EPS rose 25% to $4.15, though the stock is reversing a 6.28% pre-earnings surge amid concerns over guidance or margins.
- Broader market pressure is weighing on the stock, with the NASDAQ closing down 1.21% during the regular session.
- The decline follows recent analyst price target cuts, suggesting high expectations were already priced in prior to the release.