Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally.
Intuit stock last closed at $576.44, up 2.39% from the previous day, and has increased 37.54% in one year. It has overperformed other stocks in the Software - Application industry by 0.17 percentage points. Intuit stock is currently +37.48% from its 52-week low of $419.30, and -14.81% from its 52-week high of $676.62.
As of May 31, 2024, there are 279.55M INTU shares outstanding. The market value of INTU is $161.14B. In the past 24 hours, 3.12M INTU shares were traded.
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After you have selected the best place to buy Intuit stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on INTU's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge INTU's intrinsic value.
Using relative valuations metrics:
You can access additional valuation research on INTU's stock here.
Out of 16 sell side analysts who research INTU, the consensus analyst rating on Intuit is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Arvind Ramnani, a bottom 1% analyst from Piper Sandler maintains INTU with a strong buy rating and raises their INTU price target from $750.00 to $760.00, on May 24, 2024.
Michael Turrin, a bottom 6% analyst from Wells Fargo maintains INTU with a strong buy rating and raises their INTU price target from $725.00 to $750.00, on May 21, 2024.
Wells Fargo's Michael Turrin raised their price target on Intuit (NASDAQ: INTU) by 3.4% from $725 to $750 on 2024/05/21. The analyst maintained their Strong Buy rating on the stock.
Intuit will report its Q3 2024 earnings on 2024/05/23.
Ahead of the print, Turrin said that "Wells Fargo sees a favorable setup for Intuit in the near-term in view of a likely return to normal for tax growth and the scarcity of large-cap software companies delivering upward EPS revisions."
Yahoo Finance reports that the current consensus EPS estimate for Intuit's Q3 is $9.37 which, if achieved, would represent a 5% gain over Q3 2023's $8.92.
Jennifer Swanson Lowe, a top 25% analyst from UBS maintains INTU with a hold rating and raises their INTU price target from $625.00 to $670.00, on May 20, 2024.
Alex Markgraff, a top 50% analyst from KeyBanc maintains INTU with a strong buy rating and raises their INTU price target from $720.00 to $740.00, on May 20, 2024.
Keith Weiss, a top 2% analyst from Morgan Stanley maintains INTU with a strong buy rating and raises their INTU price target from $680.00 to $740.00, on May 13, 2024.
You can dive deeper into what analysts are forecasting on the Intuit stock forecast page.
Last year, INTU earnings were $3.07B. Over the last 5 year, INTU's earnings have gone up by 12.83% per year. This was slower than the Software - Application industry average of 18.85%.
Last year, INTU revenue was $15.81B. In the last five year, INTU's revenue has grown by 18.9% per year. This was slower than the Software - Application industry average of 31.23%.
You can analyze INTU's earnings and revenue performance here.
In the last year, insiders at INTU have sold more shares than they have bought.
Scott D. Cook, Chair of the Exec. Committee of INTU, was the latest INTU insider to sell. They sold $117,692.00 worth of INTU stock on May 30, 2024.
Get more info about who owns INTU stock here.
Intuit pays a dividend of 0.6%, compared to the Software - Application industry's average dividend yield of 2.44%. If you owned $1,000 of INTU stock, you would have received $6.04 in the past 12 months.
Intuit dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Intuit dividend yield and history here.
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