Intuit Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Intuit stock.
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21 brokers have issued 1 year target prices for Intuit's stock. Their INTU stock forecasts range from $450.00 to $700.00. On average, they predict Intuit's stock price to reach $559.78 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price.
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Intuit's stock was trading at $643.22 at the beginning of the year. Since then, INTU stock has decreased by 36.8% and is now trading at $406.49.
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Intuit is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
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Intuit Inc. (NASDAQ:INTU) announced its quarterly earnings data on Tuesday, May, 24th. The software maker reported $7.65 earnings per share for the quarter, topping the consensus estimate of $7.58 by $0.07. The software maker earned $5.63 billion during the quarter, compared to analysts' expectations of $5.51 billion. Intuit had a trailing twelve-month return on equity of 20.77% and a net margin of 19.44%. The company's revenue was up 35.0% on a year-over-year basis. During the same period last year, the company posted $5.45 earnings per share.
View Intuit's earnings history.

Intuit declared a quarterly dividend on Thursday, May 26th. Shareholders of record on Monday, July 11th will be paid a dividend of $0.68 per share on Monday, July 18th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, July 8th.
View Intuit's dividend history.

Intuit(NASDAQ:INTU) pays an annual dividend of $2.72 per share and currently has a dividend yield of 0.68%. Intuit has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Intuit is 30.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Intuit will have a dividend payout ratio of 28.51% next year. This indicates that Intuit will be able to sustain or increase its dividend.
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Intuit updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided earnings per share guidance of $11.68-$11.74 for the period, compared to the consensus earnings per share estimate of $11.66. The company issued revenue guidance of $12.63 billion-$12.67 billion, compared to the consensus revenue estimate of $12.32 billion.

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 (CRM), Synopsys (SNPS), Cadence Design Systems (CDNS), Autodesk (ADSK), Workday (WDAY), ANSYS (ANSS), Splunk (SPLK), FactSet Research Systems (FDS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Aspen Technology (AZPN), Fair Isaac (FICO) and Manhattan Associates (MANH).
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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 (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 a number of institutional and retail investors. Top institutional shareholders include Stonebridge Capital Management Inc. (0.01%), Red Spruce Capital LLC (0.00%), Crestwood Advisors Group LLC (0.00%), GoalVest Advisory LLC (0.00%), IMPACTfolio LLC (0.00%) and Vigilant Capital Management LLC (0.00%). Company insiders that own Intuit stock include Brad D Smith, Dennis D Powell, Gregory N Johnson, Gregory N Johnson, James Alexander Chriss, Jeffrey David Ayers, Kerry J Mclean, Laura A Fennell, Mark J Flournoy, Mark J Flournoy, Michelle M Clatterbuck, Raul Vazquez, 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 Stonebridge Capital Management Inc., and Crestwood Advisors Group LLC. Company insiders that have sold Intuit company stock in the last two years include Brad D Smith, Dennis D Powell, Gregory N Johnson, James Alexander Chriss, Kerry J Mclean, Laura A Fennell, Mark J Flournoy, Michelle M Clatterbuck, Raul Vazquez, and Sasan K Goodarzi.
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INTU stock was purchased by a variety of institutional investors in the last quarter, including GoalVest Advisory LLC, Vigilant Capital Management LLC, Red Spruce Capital LLC, and IMPACTfolio LLC.
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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 $406.49.

Intuit (NASDAQ:INTU) has a market capitalization of $114.66 billion and generates $9.63 billion in revenue each year. The software maker earns $2.06 billion in net income (profit) each year or $8.82 on an earnings per share basis.

Intuit employs 13,500 workers across the globe.

Intuit was founded in 1983.

Intuit's mailing address is 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039. The official website for Intuit 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.