NEW YORK, January 2, 2026, 19:11 ET — After-hours
Intuit Inc (INTU) shares fell 4.99% on Friday to $629.46, and were little changed in after-hours trading.
The drop put Intuit among the day’s laggards in large-cap software at the start of the new year. Investors often use early-January moves to reset positioning after year-end rallies and tax-related portfolio shifts.
Wall Street was choppy, with gains in some cyclical corners offset by weakness in parts of tech and consumer names, a Reuters market report said. “The next Fed Chair is probably going to be much more dovish than Jerome Powell,” said Dennis Dick, chief market strategist at Stock Trader Network. 1
By the close, the S&P 500 rose 0.2% and the Dow gained 0.7%, while the Nasdaq edged slightly lower, weighed by declines in Microsoft and Tesla, AP reported. 2
Intuit also lagged some close peers tied to tax prep and payroll. H&R Block fell 2.23% and Paychex dropped 3.19% on the day, while Intuit slid 4.98%, according to MarketWatch data. 3
There was no fresh company announcement on Friday, but an SEC filing published after the close showed Intuit co-founder and director Scott Cook sold 1,402 shares at $668.02 on Dec. 31 through a family trust. 4
The filing said the trade was executed under a Rule 10b5-1 plan, a pre-arranged program that sets out stock transactions in advance. 4
The slide also pushed Intuit below its 50-day moving average — a widely watched trend gauge based on average closing prices — of about $660.78. Intuit is about 22.6% below its 52-week high of $813.70 and roughly 18% above its 52-week low of $532.65, according to Yahoo Finance data. 5
The next macro test comes next week, when traders get U.S. services activity, consumer sentiment and government jobs data ahead of the Federal Reserve’s late-January meeting, AP reported. 2
For Intuit holders, the dividend calendar is close. Intuit’s shares are set to trade ex-dividend on Jan. 9 — meaning buyers on or after that date won’t receive the payout — with the $1.20 quarterly dividend due Jan. 16, the company’s investor site shows. 6
Intuit’s annual stockholder meeting is scheduled for Jan. 22, according to its investor relations calendar. 7
The company has not announced a date for its next earnings update; several third-party calendars estimate a late-February report. When it reports, investors will focus on demand trends across TurboTax, QuickBooks, Credit Karma and Mailchimp, and on whether Intuit stays on track with its second-quarter outlook for 14%–15% revenue growth and non-GAAP EPS of $3.63 to $3.68 for the quarter ending Jan. 31, as it guided last quarter. 8
After Friday’s drop, traders will watch whether Intuit can stabilize above the session low near $622 and reclaim the 50-day average as the year’s first full slate of economic data arrives.
