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. Since then, INTU stock has increased by 45.7% and is now trading at $380.37.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 15 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 MarketBeat's top 5 stock picks.

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1,428 employees have rated Intuit CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Intuit's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Intuit is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) issued its earnings results on Wednesday, November, 18th. The software maker reported $0.94 EPS for the quarter, beating the consensus estimate of $0.04 by $0.90. The software maker had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.20 billion. Intuit had a net margin of 25.10% and a return on equity of 40.29%. During the same period in the prior year, the company earned $0.55 EPS.
View Intuit's earnings history.

Intuit declared a quarterly dividend on Thursday, November 19th. Shareholders of record on Monday, January 11th will be paid a dividend of $0.59 per share on Tuesday, January 19th. This represents a $2.36 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Friday, January 8th.
View Intuit's dividend history.

Intuit pays an annual dividend of $2.36 per share and currently has a dividend yield of 0.61%. 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 Monday, December, 7th. The company provided EPS guidance of $8.20-8.40 for the period, compared to the Thomson Reuters consensus estimate of $8.53. The company issued revenue guidance of $8.810-8.995 billion, compared to the consensus revenue estimate of $8.35 billion.

19 equities research analysts have issued 1-year target prices for Intuit's shares. Their forecasts range from $303.00 to $460.00. On average, they anticipate Intuit's share price to reach $405.00 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts' price targets for Intuit or view Wall Street analyst' top-rated stocks.

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), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), 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 retail and institutional investors. Top institutional shareholders include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.39%), Pendal Group Limited (0.12%), LGT Capital Partners LTD. (0.07%), James Hambro & Partners (0.05%), Investment House LLC (0.05%) and DAVENPORT & Co LLC (0.04%). 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 Pacer Advisors Inc., Pendal Group Limited, Appleton Partners Inc. MA, Autus Asset Management LLC, State of Alaska Department of Revenue, Cullinan Associates Inc., Investment House LLC, and OLD National Bancorp IN. 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 James Hambro & Partners, Boston Trust Walden Corp, DNB Asset Management AS, LGT Capital Partners LTD., Liberty Capital Management Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Louisiana State Employees Retirement System, and American National Bank.
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.

One share of INTU stock can currently be purchased for approximately $380.37.

Intuit has a market capitalization of $99.94 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]