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Intuit (INTU) Stock Price, News & Analysis

$633.36
+7.04 (+1.12%)
(As of 07/26/2024 ET)
Today's Range
$628.40
$643.50
50-Day Range
$562.97
$670.27
52-Week Range
$473.56
$676.62
Volume
987,097 shs
Average Volume
1.18 million shs
Market Capitalization
$177.06 billion
P/E Ratio
58.43
Dividend Yield
0.57%
Price Target
$694.27

Intuit MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
9.6% Upside
$694.27 Price Target
Short Interest
Healthy
1.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
0.58mentions of Intuit in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$114.44 M Sold Last Quarter
Proj. Earnings Growth
16.04%
From $11.72 to $13.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Computer And Technology Sector

43rd out of 612 stocks

Prepackaged Software Industry

11th out of 202 stocks

INTU stock logo

About Intuit Stock (NASDAQ:INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

INTU Stock Price History

INTU Stock News Headlines

Intuit TurboTax packages are seen on display in a Costco Warehouse, January 26, 2023, in Pittsburgh…
Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan
Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce
invoice financial analysis spreadsheet on computer screen
Intuit Stock Ready to Soar: RBC Sees Big Upside with GenAI
Intuit NASDAQ: INTU is seated in the technology sector and specializes in providing tax and small-business accounting software. RBC Capital recently initiated coverage on the company, setting a price target of $760, implying a 15% upside from the current price.
Heard about the 72-Hour Profit Surge? Read this…
One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
invoice financial analysis spreadsheet on computer screen
Intuit Stock Ready to Soar: RBC Sees Big Upside with GenAI
RBC Capital recently initiated coverage on Intuit. Their $760 price target implies a 15% upside. RBC believes Intuit can us gen-AI to drive significant value.
PixMob LED Technology Ignites Fan Engagement at Intuit Dome
Heard about the 72-Hour Profit Surge? Read this…
One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
Is It Worth Investing in Intuit Based on Wall Street's Bullish Views?
Steve Ballmer opens up about Intuit Dome
Intuit Dome nearly ready to welcome fans
See More Headlines
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Company Calendar

Last Earnings
5/23/2024
Ex-Dividend for 7/18 Dividend
7/10/2024
Dividend Payable
7/18/2024
Today
7/27/2024
Fiscal Year End
7/31/2024
Next Earnings (Estimated)
8/22/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:INTU
CUSIP
46120210
Employees
18,200
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$694.27
High Stock Price Target
$770.00
Low Stock Price Target
$520.00
Potential Upside/Downside
+9.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
23 Analysts

Profitability

Net Income
$2.38 billion
Pretax Margin
23.30%

Debt

Sales & Book Value

Annual Sales
$14.37 billion
Cash Flow
$12.88 per share
Book Value
$61.62 per share

Miscellaneous

Free Float
271,440,000
Market Cap
$177.06 billion
Optionable
Optionable
Beta
1.23

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Should I Buy Intuit Stock? INTU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Intuit Inc.:

  • Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally.
  • Intuit owns and manages some of the best shopping centers in the UK and Spain, with plans for further expansion.

Cons

Investors should be bearish about investing in Intuit Inc. for these reasons:

  • Intuit's stock price has been volatile in recent periods, which may pose risks for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Intuit pros and cons to contact@marketbeat.com.

INTU Stock Analysis - Frequently Asked Questions

How have INTU shares performed this year?

Intuit's stock was trading at $625.03 at the start of the year. Since then, INTU shares have increased by 1.3% and is now trading at $633.36.
View the best growth stocks for 2024 here
.

How were Intuit's earnings last quarter?

Intuit Inc. (NASDAQ:INTU) posted its earnings results on Thursday, May, 23rd. The software maker reported $9.88 EPS for the quarter, beating the consensus estimate of $8.12 by $1.76. Intuit's quarterly revenue was up 11.9% on a year-over-year basis.
Read the conference call transcript
.

What is Sasan Goodarzi's approval rating as Intuit's CEO?

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

Does Intuit have any subsidiaries?

Intuit subsidiaries include Tradegecko, Credit Karma, ChronoBooks, Origami Logic, Applatix, Tsheets, Exactor, and others.

Who are Intuit's major shareholders?

Top institutional investors of Intuit include Bank of New York Mellon Corp (0.84%), Ninety One UK Ltd (0.52%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.34%) and Lindsell Train Ltd (0.34%). Insiders that own company stock include Scott D Cook, Sasan K Goodarzi, Laura A Fennell, Marianna Tessel, Kerry J Mclean, Sandeep Aujla, Lauren D Hotz, Gregory N Johnson, Michelle M Clatterbuck, Mark P Notarainni, James Alexander Chriss, Mark J Flournoy, Alex G Balazs, Varun Krishna, Eve B Burton and Raul Vazquez.
View institutional ownership trends
.

How do I buy shares of Intuit?

Shares of INTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Intuit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intuit investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA) and Walt Disney (DIS).

This page (NASDAQ:INTU) was last updated on 7/27/2024 by MarketBeat.com Staff

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