Intuit (NASDAQ:INTU) shares rose nearly 2% in pre-market trading to $327.80, outperforming broader US equity indices during a weaker session for technology stocks.
The financial software company’s shares were trading above their 52-week low of $252.84 but remained below their 52-week high of $705.08.
The move followed several recent company developments, including its fiscal fourth-quarter results and an increase in its quarterly dividend.
Intuit Raises Quarterly Dividend
Intuit’s board approved a quarterly dividend of $1.38 per share, representing an increase of approximately 15% from a year earlier. The shares are scheduled to trade ex-dividend on October 8, 2026.
The company also recently reported adjusted earnings per share of $4.03 for its fiscal fourth quarter, above analyst estimates.
Full-year revenue reached $21.45 billion, representing growth of approximately 14% from the previous year.
Analysts Maintain Buy Consensus
Analyst coverage of Intuit carries a consensus Buy rating, according to the supplied data.
The average 12-month analyst price target stands at approximately $405, compared with the pre-market share price of $327.80.
Shares Gain as US Indices Decline
Intuit’s advance came as the broader US equity market moved lower. The Nasdaq declined 1.8%, while the S&P 500 fell 0.8% and the Dow Jones was down 0.3%.
Intuit shares nevertheless moved higher in pre-market trading as investors assessed the company’s latest financial results, dividend increase and analyst expectations.
Intuit stock price
