Intuit Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Intuit stock.
View analyst ratings for Intuit or view top-rated stocks.

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Intuit saw a drop in short interest in January. As of January 15th, there was short interest totaling 1,740,000 shares, a drop of 13.4% from the December 31st total of 2,010,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 1.3 days.
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Intuit is scheduled to release its next quarterly earnings announcement on Thursday, May 20th 2021.
View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) posted its earnings results on Tuesday, February, 23rd. The software maker reported $0.68 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.55. The software maker had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. Intuit had a trailing twelve-month return on equity of 40.29% and a net margin of 25.10%. The company's revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.16 EPS.
View Intuit's earnings history.

Intuit's stock was trading at $261.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, INTU stock has increased by 46.4% and is now trading at $382.21.
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Intuit announced a quarterly dividend on Tuesday, February 23rd. Stockholders of record on Monday, April 12th will be given a dividend of $0.59 per share on Monday, April 19th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, April 9th.
View Intuit's dividend history.

Intuit pays an annual dividend of $2.36 per share and currently has a dividend yield of 0.61%. Intuit has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Intuit is 35.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Intuit will have a dividend payout ratio of 33.33% next year. This indicates that Intuit will be able to sustain or increase its dividend.
View Intuit's dividend history.

Intuit updated its FY21 earnings guidance on Tuesday, February, 23rd. The company provided earnings per share (EPS) guidance of $8.20-8.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.36. The company issued revenue guidance of $8.810-8.995 billion, compared to the consensus revenue estimate of $8.92 billion.

20 analysts have issued 1-year price targets for Intuit's shares. Their forecasts range from $380.00 to $500.00. On average, they expect Intuit's share price to reach $426.43 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Intuit or view top-rated stocks among Wall Street analysts.

785 employees have rated Intuit CEO Sasan Goodarzi on Glassdoor.com. Sasan Goodarzi has an approval rating of 92% among Intuit's employees. This puts Sasan Goodarzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Intuit include Adobe (ADBE), salesforce.com (CRM), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), Nuance Communications (NUAN), FactSet Research Systems (FDS) and Aspen Technology (AZPN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Intuit investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), PayPal (PYPL), salesforce.com (CRM), Alibaba Group (BABA), The Walt Disney (DIS), Mastercard (MA), Visa (V) and Tesla (TSLA).

Intuit trades on the NASDAQ under the ticker symbol "INTU."

Intuit's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.25%), Price T Rowe Associates Inc. MD (8.21%), FMR LLC (2.58%), Edgewood Management LLC (2.38%), Fundsmith LLP (1.75%) and Brown Advisory Inc. (1.33%). Company insiders that own Intuit stock include Brad D Smith, Gregory N Johnson, James Alexander Chriss, Jeffrey David Ayers, Kerry J Mclean, Laura A Fennell, Mark J Flournoy, Michelle M Clatterbuck, Sasan K Goodarzi and Scott D Cook.
View institutional ownership trends for Intuit.

INTU stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Winslow Capital Management LLC, Schroder Investment Management Group, Schroder Investment Management Group, Sumitomo Mitsui Trust Holdings Inc., NN Investment Partners Holdings N.V., AJO LP, and Sands Capital Management LLC. Company insiders that have sold Intuit company stock in the last year include Brad D Smith, Gregory N Johnson, James Alexander Chriss, Kerry J Mclean, Laura A Fennell, Michelle M Clatterbuck, and Sasan K Goodarzi.
View insider buying and selling activity for Intuit or view top insider-selling stocks.

INTU stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Price T Rowe Associates Inc. MD, FMR LLC, Mawer Investment Management Ltd., JPMorgan Chase & Co., Morgan Stanley, Robeco Institutional Asset Management B.V., and Tiger Global Management LLC.
View insider buying and selling activity for Intuit or or view top insider-buying stocks.

Shares of INTU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of INTU stock can currently be purchased for approximately $382.21.

Intuit has a market capitalization of $104.66 billion and generates $7.68 billion in revenue each year. The software maker earns $1.83 billion in net income (profit) each year or $6.56 on an earnings per share basis.

Intuit employs 10,600 workers across the globe.

The following companies are subsidiares of Intuit: ACREDE, AisleBuyer, Applatix, Applatix Inc., BankStream, CBS Employer Services, ChronoBooks, Computing Resources, Credit Karma, Dallas Innovative Merchant Solutions, Electronic Clearing House, EmployeeMatters Insurance Agency, Exactor, Exactor (Canada) Inc., Exactor Inc., Intuit (Aotearoa) Limited, Intuit (Check) Software Ltd., Intuit Australia Pty Limited, Intuit Brasil Participações Ltda., Intuit Canada Tax ULC, Intuit Canada ULC, Intuit Consumer Group Inc., Intuit Distribution Inc., Intuit Do-It-Yourself Payroll, Intuit Financing Inc., Intuit France SAS, Intuit Holding Ltd, Intuit India Product Development Centre Private Ltd., Intuit India Software Solutions Private Limited, Intuit Insurance Services Inc., Intuit Limited, Intuit Mint Bills, Intuit Mint Bills Payments, Intuit Payment Solutions, Intuit Payments Inc., Intuit Payroll Holding LLC, Intuit Payroll Services LLC, Intuit Sales Tax LLC, Intuit Singapore Pte. Limited, Lacerte Software Corporation Delaware, Level Up Analytics GmbH, Lion’s Partners, MTS Global (Europe) Limited, Merchant America, Mint Software Inc., Nuance Data, Origami Logic, PayCycle, Payroll Solution, Playbook HR, Quincy Data Center, SecureTax.com, Squire Inc., Superior Bankcard Service LLC, T-Jar Inc., TSheets Holdco Inc., TSheets.com LLC, Tsheets, XpressCheX, XyLeo Labs, and Zeropaper.

Intuit was founded in 1983.

The official website for Intuit is www.intuit.com.

Intuit is headquartered at 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039.

Intuit's mailing address is 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039. The software maker can be reached via phone at 650-944-6000 or via email at [email protected]