Intuit (INTU, Financial) experienced a sudden stock price drop of 1.20%, with shares priced at $599.98. The trading volume reached 728,403 shares, reflecting a turnover rate of 0.26% and a price fluctuation of 1.09%.
In the latest trading session, Intuit (INTU) closed at $607.28, marking a +0.16% move from the previous day.
INTU's new agentic AI and GenOS integrated product offering bodes well for investors. However, stretched valuation might keep investors on the sidelines.
Financial software firm Intuit is integrating two of its most popular consumer finance offerings. “Upcoming innovations across TurboTax and Credit Karma will deliver a single, connected consumer financial platform that delivers insights and recommendations year-round and done-for-you experiences at tax time,” the company said Thursday (Sept.
Intuit will introduce agentic artificial intelligence (AI) capabilities in December and continue rolling them out throughout 2025. The company will add these capabilities across its platforms and products, including Intuit TurboTax, Credit Karma, QuickBooks and Mailchimp, Intuit said in a Wednesday (Sept.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Intuit's transformation into an AI-driven business is expected to drive future growth and boost margins through improved operational efficiency and personalized services. Despite modest 2024 growth compared to the S&P 500, INTU's strategic focus on AI could help maintain market leadership. The target price of $953.70 per share, a 48% premium, is based on a forecasted 15% revenue growth rate over the next decade.
Ben Axler, Spruce Point Capital founder and CIO, joins ‘Money Movers' to discuss why his firm is shorting Intuit, what has led the company to underperform this year, and more.
INTU's strong product offerings and resilient business model make the stock worth a watch amid elevated valuation and growing competition.
Recently, Zacks.com users have been paying close attention to Intuit (INTU). This makes it worthwhile to examine what the stock has in store.
TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept.
TurboTax maker Intuit said on Tuesday it has released a new customizable enterprise suite of its financial products in the United States to capture new customers looking for an all-in-one solution for managing their financial needs.