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NASDAQ:INTU News 5 January 2026 - 21 January 2026

Intuit stock sinks for a 7th day — what to watch before TurboTax’s biggest weeks

Intuit stock sinks for a 7th day — what to watch before TurboTax’s biggest weeks

New York, January 20, 2026, 19:58 EST — After-hours Intuit Inc (INTU.O) fell 3% to $528.95 in Tuesday’s session, its seventh straight decline, as a broad selloff knocked the S&P 500 down 2.06%. Volume in the stock topped its 50-day average, and the close was Intuit’s lowest since Nov. 10, 2023, according to Dow Jones Market Data. (MarketWatch) The timing matters. The IRS has set Jan. 26 as the opening of the nation’s 2026 filing season, and it said it expects to receive about 164 million individual tax returns. That date effectively starts the highest-traffic stretch for TurboTax and can
21 January 2026
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‘No reasons to own’? AI agent fears slam software stocks after Anthropic’s Claude Cowork debut

‘No reasons to own’? AI agent fears slam software stocks after Anthropic’s Claude Cowork debut

NEW YORK, Jan 20, 2026, 10:38 EST U.S. software stocks are off to their worst start in years, as investors question if a fresh wave of AI tools could replace pricey, seat-based subscriptions from long-standing vendors. (The Straits Times) The selloff is sharpening a well-worn divide in tech. The Nasdaq 100 stays close to record highs, while certain software stocks have slid to multi-year lows. Meanwhile, a Morgan Stanley basket tracking SaaS — subscription software delivered online — just hit its lowest valuation ever. (The Decoder) The threat landscape is shifting. Anthropic’s latest launches—like its “Cowork” tool and a healthcare-specific
20 January 2026
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Intuit stock drops again after TurboTax NYC push as Jefferies calls the slide “overdone”

Intuit stock drops again after TurboTax NYC push as Jefferies calls the slide “overdone”

NEW YORK, Jan 16, 2026, 18:37 ET — After-hours Intuit Inc shares dropped 1.7% on Friday to close at $545.29, marking their sixth consecutive day of losses, then held steady in after-hours trading. The TurboTax and QuickBooks parent saw intraday swings between $535.15 and $555.79, now sitting roughly 33% below its 52-week peak reached on July 30. Trading volume hit about 4.7 million shares, well above the 50-day average. This came as Adobe slid, while Paychex and Oracle finished higher amid a slightly softer broader market. (MarketWatch) The pullback comes as tax-filing season heats up and Intuit seeks new ways
17 January 2026
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Intuit stock slips again as AI-agent jitters rattle TurboTax maker ahead of tax season

Intuit stock slips again as AI-agent jitters rattle TurboTax maker ahead of tax season

New York, Jan 16, 2026, 12:06 EST — Regular session Intuit Inc. shares slipped roughly 1.4% on Friday, lagging behind a more stable market. Investors remain cautious about the potential impact of new “AI agents” on the TurboTax maker’s core business. This matters as Intuit approaches its peak consumer tax filing period, where even minor shifts in sentiment can swiftly alter expectations. Traders have also leaned on the stock to gauge if the latest generative AI tools pose a real threat or just background noise for software companies. Intuit, known for TurboTax and QuickBooks, offers products centered on compliance and
16 January 2026
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Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

NEW YORK, Jan 15, 2026, 11:00 EST — Regular session Intuit shares slipped roughly 0.6% to $563.20 Thursday morning, following a sharp nearly 6% plunge Wednesday—their largest single-day percentage drop since April 2025. (Morningstar) The timing coincides with the upcoming U.S. tax-filing season, a key factor for TurboTax demand and its related services. The IRS announced the 2026 filing season will kick off on Jan. 26. Taxpayers will encounter new rules that might affect credits and deductions. (IRS) Wall Street is zeroing in on Intuit’s move into “assisted tax”—where paid help involves a human expert, not just DIY filing—and the
15 January 2026
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Intuit stock drops 6% as new $2.2 billion credit line and Goldman call put tax season in focus

Intuit stock drops 6% as new $2.2 billion credit line and Goldman call put tax season in focus

NEW YORK, Jan 14, 2026, 17:52 (EST) — After-hours trading Intuit shares dropped sharply on Wednesday, falling roughly 6.4% to $566.60 in after-hours trading following an intraday low of $556.83. Roughly 4.8 million shares were traded. The timing is tricky for bulls. The IRS announced the 2026 filing season starts Jan. 26, shifting focus back to Intuit’s critical period for TurboTax and its related services. (IRS) A filing revealed Intuit has entered a new credit agreement, securing a $2.2 billion unsecured revolving credit facility that extends through Jan. 9, 2031, replacing its previous 2024 facility. The company also mentioned the
15 January 2026
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Intuit stock tumbles 7% as software selloff deepens; new $2.2 billion credit line in focus

Intuit stock tumbles 7% as software selloff deepens; new $2.2 billion credit line in focus

New York, January 14, 2026, 13:28 (ET) — Regular session Intuit Inc (INTU.O) shares dropped 7.4% on Wednesday, deepening the retreat in U.S. software stocks. By 1:13 p.m. ET, the stock traded at $560.27, down 7.4%. The decline comes as the company behind TurboTax and QuickBooks enters peak tax season, a period known for rapid volume shifts and keen investor scrutiny for early signals. The change also signals a broader shift in the software sector. Investors are reassessing how much they’ll pay for steady subscription growth, especially amid renewed chatter that emerging “AI agents” might pressure pricing down the line.
14 January 2026
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Intuit stock heads into tax-season test as IRS sets Jan. 26 start; insiders file moves

Intuit stock heads into tax-season test as IRS sets Jan. 26 start; insiders file moves

New York, Jan 11, 2026, 16:42 EST — Market closed Intuit (INTU.O) shares open Monday as U.S. tax season looms, with the IRS set to begin accepting 2025 returns on Jan. 26. The agency faces pressure from significant staffing cuts that could strain its services. (AP News) Why it matters now: the IRS opening day kicks off peak season for TurboTax, Intuit’s flagship tax product. This period often shapes expectations heading into spring. Smooth filings and refunds usually boost confidence in demand for paid tax prep, while any hiccups can prompt filers to hold off. Intuit shares are up roughly
11 January 2026
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Intuit stock slips after Wells Fargo downgrade as IRS sets Jan. 26 start for tax season

Intuit stock slips after Wells Fargo downgrade as IRS sets Jan. 26 start for tax season

NEW YORK, Jan 10, 2026, 17:32 EST — Market closed Intuit Inc (INTU.O) saw its shares slip 0.9% to end Friday at $646.90, following a Wells Fargo downgrade. The bank cut its price target to $700 from $840 for the TurboTax owner. Shares fluctuated between $636.46 and $653.00, with roughly 1.3 million changing hands. (MarketScreener) The timing’s tricky for the stock as the IRS announced this week that the 2026 filing season kicks off Jan. 26—the first day it’ll accept 2025 tax returns. Taxpayers have until April 15, 2026, to file, with the IRS expecting roughly 164 million individual returns,
10 January 2026
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Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

NEW YORK, Jan 6, 2026, 20:59 EST — Market closed Intuit Inc (INTU.O) shares rose 2.1% on Tuesday after Truist Securities began research coverage with a buy rating and a $739 price target, its forecast for where the stock could trade. The stock closed at $647.20. Investing.com Canada The call lands ahead of the busiest stretch of the U.S. tax season, when demand for TurboTax and paid expert help can swing quarterly results. Investors are also sizing up whether Intuit can keep pushing more customers onto subscriptions and financial-technology services such as payments and lending. The broader market offered a
7 January 2026
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Intuit stock edges up after Jefferies flags TurboTax owner as 2026 software pick

Intuit stock edges up after Jefferies flags TurboTax owner as 2026 software pick

New York, Jan 5, 2026, 12:38 EST — Regular session Intuit Inc. shares rose 0.9% to $634.97 on Monday, recovering from an early dip, after Jefferies analyst Brent Thill singled out the TurboTax and QuickBooks owner as one of his preferred large-cap software names for 2026. Thill told investors to “stay underweight” software — meaning hold less than a benchmark allocation — while making exceptions for a short list that included Intuit, according to MarketWatch. MarketWatch The call matters now because Intuit is heading into its seasonally important consumer tax window, when TurboTax demand and pricing can swing sentiment quickly.
5 January 2026
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Intuit stock drops 5% into the new week as IRS ends Direct File and jobs report nears

Intuit stock drops 5% into the new week as IRS ends Direct File and jobs report nears

NEW YORK, Jan 4, 2026, 18:29 ET — Market closed Intuit Inc shares ended Friday down 4.98% at $629.46, after swinging between $622.31 and $665.02 in the first session of 2026. The pullback matters because Intuit is heading into a seasonally important stretch for its TurboTax business, while markets are also repricing high-multiple software names as 2026 begins. The close leaves the stock on the back foot going into Monday’s reopening, with investors split between bargain-hunting and protecting gains. Friday’s tape was choppy beneath the surface. The Dow and S&P 500 eked out gains while the Nasdaq finished flat, and
5 January 2026
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Stock Market Today

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 1:06 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
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