Recently, Zacks.com users have been paying close attention to Intuit (INTU). This makes it worthwhile to examine what the stock has in store.
Intuit has more than doubled Tech over the past decade and it's projected to post double-digit sales and earnings growth going forward. Intuit stock could be ready to break out to all-time highs after getting rejected at its 2021 peaks multiple times this year.
Intuit (INTU) aims to become a leading financial software company, leveraging its well-known platforms like QuickBooks and TurboTax to become the operating system for small businesses. The company's strong moat is supported by brand trust, network effects, and switching costs, though competition from larger software players like Salesforce potentially remains a risk. Overall I like the company a lot, however, rate it a hold on valuation and concerns about possible downside scenarios.
Stocks like Napco Security Technologies (NSSC), Northrim BanCorp (NRIM), Intuit (INTU) and SS&C Technologies (SSNC) recently announced dividend hikes.
Tech investors have continued to focus on the growth potential artificial intelligence provides.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
On a day when stocks rallied on expectations of lower interest rates, Intuit Inc. NASDAQ: INTU was the biggest loser on the S&P 500. Shares of the financial services company known for the QuickBooks and TurboTax brands were down 6.8%.
Intuit (INTU) is the S&P 500's worst performer Friday, a day after the company reported a surprise fourth-quarter loss and a soft profit outlook.
Intuit stock fell as investors focused on the company's current-quarter guidance, which missed views because of an accounting change.
Shares of Intuit Inc INTU were dipping on Friday, even after the company reported upbeat quarterly results.
The owner of Turbo Tax reports fiscal fourth-quarter adjusted earnings of $1.99 a share, beating Wall Street estimates of $1.85.
Intuit's (INTU) fiscal fourth-quarter results reflect strength in the Online Ecosystem and Consumer Group business segments.