Intuit - INTU Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 1 hold rating and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" INTU shares.
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22 equities research analysts have issued 12 month target prices for Intuit's shares. Their INTU share price forecasts range from $500.00 to $700.00. On average, they anticipate the company's stock price to reach $566.89 in the next year. This suggests a possible upside of 43.2% from the stock's current price.
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Intuit's stock was trading at $643.22 on January 1st, 2022. Since then, INTU stock has decreased by 38.5% and is now trading at $395.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our INTU earnings forecast.

Intuit Inc. (NASDAQ:INTU) posted its quarterly earnings results on Tuesday, August, 23rd. The software maker reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.12. Intuit had a trailing twelve-month return on equity of 16.47% and a net margin of 16.23%. During the same quarter in the prior year, the business earned $1.28 EPS.
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Intuit declared a quarterly dividend on Tuesday, August 23rd. Shareholders of record on Monday, October 10th will be given a dividend of $0.78 per share on Tuesday, October 18th. This represents a $3.12 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, October 6th. This is a boost from the stock's previous quarterly dividend of $0.68.
Read our dividend analysis for INTU.

Intuit (NASDAQ:INTU) pays an annual dividend of $2.72 per share and currently has a dividend yield of 0.69%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INTU will have a dividend payout ratio of 25.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INTU.

Intuit issued an update on its first quarter 2023 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $1.14-$1.20 for the period, compared to the consensus EPS estimate of $1.86. The company issued revenue guidance of $2.47 billion-$2.51 billion, compared to the consensus revenue estimate of $2.54 billion.

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.

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 (CRM), Alibaba Group (BABA), 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 many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.29%), State Street Corp (4.03%), FMR LLC (2.75%), Bishop Rock Capital L.P. (1.62%), Brown Advisory Inc. (1.32%) and Nicholas Hoffman & Company LLC. (1.31%). Insiders that own company stock include Brad D Smith, Dennis D Powell, Gregory N Johnson, Gregory N Johnson, James Alexander Chriss, Kerry J Mclean, Laura A Fennell, Mark J Flournoy, Mark J Flournoy, Michelle M Clatterbuck, Raul Vazquez, Sasan K Goodarzi, Scott D Cook and Varun Krishna.
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Shares of INTU stock 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 $395.80.

Intuit (NASDAQ:INTU) has a market capitalization of $111.56 billion and generates $12.73 billion in revenue each year. The software maker earns $2.07 billion in net income (profit) each year or $7.25 on an earnings per share basis.

The company employs 17,300 workers across the globe.

Intuit's mailing address is 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039. The official website for the company is www.intuit.com. The software maker can be reached via phone at (650) 944-6000, via email at investor_relations@intuit.com, or via fax at 650-462-2955.