Intuit Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Intuit stock.
View analyst ratings for Intuit or view top-rated stocks.

Wall Street analysts have given Intuit a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Intuit wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Intuit is scheduled to release its next quarterly earnings announcement on Tuesday, August 24th 2021.
View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) issued its quarterly earnings data on Monday, May, 24th. The software maker reported $6.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.19 by $0.12. The software maker had revenue of $4.17 billion for the quarter, compared to analysts' expectations of $4.27 billion. Intuit had a net margin of 23.93% and a trailing twelve-month return on equity of 28.76%. The company's revenue was up 39.0% compared to the same quarter last year. During the same period in the previous year, the company posted $4.49 earnings per share.
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. Since then, INTU shares have increased by 80.7% and is now trading at $471.76.
View which stocks have been most impacted by COVID-19.

Intuit announced a quarterly dividend on Tuesday, May 25th. Stockholders of record on Monday, July 12th will be given a dividend of $0.59 per share on Monday, July 19th. This represents a $2.36 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend is Friday, July 9th.
View Intuit's dividend history.

Intuit pays an annual dividend of $2.36 per share and currently has a dividend yield of 0.49%. 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 27.60% next year. This indicates that Intuit will be able to sustain or increase its dividend.
View Intuit's dividend history.

Intuit issued an update on its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share guidance of $9.320-9.370 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.490. The company issued revenue guidance of $9.36 billion-9.40 billion, compared to the consensus revenue estimate of $9.06 billion.

23 equities research analysts have issued 12-month target prices for Intuit's shares. Their forecasts range from $383.00 to $540.00. On average, they expect Intuit's share price to reach $464.00 in the next year. This suggests that the stock has a possible downside of 1.6%.
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), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Nuance Communications (NUAN), Citrix Systems (CTXS), Fair Isaac (FICO), FactSet Research Systems (FDS) and Pegasystems (PEGA).
View all of INTU's competitors.

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.45%), Price T Rowe Associates Inc. MD (8.25%), Edgewood Management LLC (2.25%), Geode Capital Management LLC (1.59%), Brown Advisory Inc. (1.28%) and Ameriprise Financial Inc. (1.18%). Company insiders that own Intuit stock include Brad D Smith, Dennis D Powell, 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 Acadian Asset Management LLC, Schroder Investment Management Group, Arrowstreet Capital Limited Partnership, Los Angeles Capital Management LLC, Janus Henderson Group PLC, Prudential Financial Inc., Winslow Capital Management LLC, and Waddell & Reed Financial Inc.. Company insiders that have sold Intuit company stock in the last year include Brad D Smith, Dennis D Powell, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Price T Rowe Associates Inc. MD, Franklin Resources Inc., OMERS ADMINISTRATION Corp, Foxhaven Asset Management LP, Geode Capital Management LLC, Ameriprise Financial Inc., and Cohen Investment Advisors 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.
Compare Top Brokerages Here.

One share of INTU stock can currently be purchased for approximately $471.76.

Intuit has a market capitalization of $128.91 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]