QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit's financial intelligence system and boost its mid-market offerings.
In the latest trading session, Intuit (INTU) closed at $310.44, marking a +2.98% move from the previous day.
INTU revamps its DIY tax strategy with lower-cost Credit Karma Tax options to win back customers, even as pricing shifts threaten to slow TurboTax growth in fiscal 2027.
INTU is working to revive Mailchimp's growth as revenues decline and customer churn rises, while margin expansion, SMS adoption and retention gains offer hope.
Intuit (INTU) closed at $303.88 in the latest trading session, marking a +2.23% move from the prior day.
INTU shares gain nearly 9% in three months, fueled by strong mid-market and financial services growth, but slowing customer gains and premium valuation raise concerns.
INTU's Accountant Suite is gaining traction among accounting professionals, with AI-powered workflows that could deepen ties to its broader business ecosystem.
Intuit remains a formidable $75B software company, with a durable moat despite AI-driven market fears. INTU delivers double-digit revenue and EPS growth, guiding for $15.92 GAAP EPS in 2026 and aggressively repurchasing shares. TurboTax's revenue softness is offset by strong momentum in mid-market and complex tax segments, leveraging proprietary data and integration.
Intuit sees a $300B-plus TAM with just 7% penetration, as AI, mid-market growth and broader services fuel expansion opportunities.
Intuit (INTU) concluded the recent trading session at $279.84, signifying a -1.04% move from its prior day's close.
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INTU expands its NFL partnership through 2030, using Intuit Intelligence to reach 400 million fans and showcase its broader financial platform.