Intuit Stock Forecast, Price & News

Intuit's stock was trading at $261.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INTU stock has increased by 18.2% and is now trading at $308.59.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 2 sell ratings, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Intuit is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) posted its quarterly earnings data on Tuesday, August, 25th. The software maker reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.95. The software maker earned $1.80 billion during the quarter, compared to analyst estimates of $1.57 billion. Intuit had a return on equity of 40.79% and a net margin of 23.78%. The firm's quarterly revenue was up 81.1% on a year-over-year basis. During the same period last year, the firm earned ($0.09) EPS.
View Intuit's earnings history.

Intuit declared a quarterly dividend on Thursday, August 27th. Investors of record on Monday, October 12th will be paid a dividend of $0.59 per share on Monday, October 19th. This represents a $2.36 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit's previous quarterly dividend of $0.53.
View Intuit's dividend history.

18 brokerages have issued 1 year target prices for Intuit's shares. Their forecasts range from $249.00 to $405.00. On average, they expect Intuit's stock price to reach $360.29 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts' price targets for Intuit.

News coverage about INTU stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Intuit earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Intuit.

Some companies that are related to Intuit include Adobe (ADBE), salesforce.com (CRM), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), Cadence Design Systems (CDNS), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO), Pegasystems (PEGA) and Nuance Communications (NUAN).
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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), Walt Disney (DIS), Visa (V), Mastercard (MA) 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 BlackRock Inc. (8.85%), Vanguard Group Inc. (7.95%), FMR LLC (2.46%), Nuveen Asset Management LLC (1.35%), Bank of New York Mellon Corp (1.14%) and Bank of America Corp DE (1.01%). Company insiders that own Intuit stock include Brad D Smith, Dennis D Powell, Gregory N Johnson, Henry Tayloe Stansbury, 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 FMR LLC, GQG Partners LLC, AQR Capital Management LLC, Bank of Nova Scotia, SG Americas Securities LLC, Advisor Group Holdings Inc., Balyasny Asset Management LLC, and Alyeska Investment Group L.P.. 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, Sasan K Goodarzi, and Scott D Cook.
View insider buying and selling activity for Intuit.

INTU stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nordea Investment Management AB, Sumitomo Mitsui Trust Holdings Inc., Third Point LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, Marshall Wace North America L.P., and Prudential Financial Inc..
View insider buying and selling activity for Intuit.

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

One share of INTU stock can currently be purchased for approximately $308.59.

Intuit has a market capitalization of $80.79 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 official website for Intuit is www.intuit.com.

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]