Intuit Stock Forecast, Price & News

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 3 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Intuit wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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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) issued its earnings results on Tuesday, February, 23rd. The software maker reported $0.68 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.55. The software maker earned $1.58 billion during the quarter, compared to analyst estimates of $1.61 billion. Intuit had a net margin of 25.10% and a trailing twelve-month return on equity of 40.29%. The business's revenue for the quarter was down 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.16 earnings per share.
View Intuit's earnings history.

Intuit's stock was trading at $261.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, INTU stock has increased by 55.8% and is now trading at $406.78.
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Intuit declared a quarterly dividend on Tuesday, February 23rd. Shareholders 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 0.58%. The ex-dividend date 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 0.58%. 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 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 brokerages have issued 12 month price objectives for Intuit's shares. Their forecasts range from $383.00 to $500.00. On average, they expect Intuit's share price to reach $430.24 in the next twelve months. This suggests a possible upside of 5.8% 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), Tyler Technologies (TYL), SS&C Technologies (SSNC), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), FactSet Research Systems (FDS) and Pegasystems (PEGA).
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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 many different retail and institutional investors. Top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.38%), Royal London Asset Management Ltd. (0.13%), New York State Teachers Retirement System (0.12%), LGT Capital Partners LTD. (0.07%), Chevy Chase Trust Holdings Inc. (0.07%) and Retirement Systems of Alabama (0.04%). 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 New York State Teachers Retirement System, Sentry Investment Management LLC, DnB Asset Management AS, Mitsubishi UFJ Asset Management UK Ltd., Chevy Chase Trust Holdings Inc., Retirement Systems of Alabama, Gofen & Glossberg LLC IL, and Cypress Capital Group. 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 purchased by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., TIAA FSB, LGT Capital Partners LTD., Harbour Capital Advisors LLC, Everence Capital Management Inc., Boston Trust Walden Corp, Louisiana State Employees Retirement System, and HYA Advisors Inc.
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 $406.78.

Intuit has a market capitalization of $111.39 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]