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. MarketScreener
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.
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.
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.
The filing said the trade was executed under a Rule 10b5-1 plan, a pre-arranged program that sets out stock transactions in advance.
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.
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.
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.
Intuit’s annual stockholder meeting is scheduled for Jan. 22, according to its investor relations calendar.
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.
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.
