Get a deeper insight into the potential performance of Intuit (INTU) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Intuit (INTU) concluded the recent trading session at $582.19, signifying a +0.39% move from its prior day's close.
Intuit's core brands (TurboTax, Credit Karma, QuickBooks, Mailchimp) create a strong financial services software powerhouse with minimal competition and significant long-term growth potential. Despite a recent 16% stock decline, Intuit's valuation at 29x 2025 P/E is nearing the lower end, making it an attractive buy, especially before tax season. Intuit's robust track record, innovative AI use, and potential to tap more than their 5% TAM penetration underscores its long run way ahead.
Intuit's high multiples are concerning, but the expected 2025 software sector recovery, strategic moves with Amazon, and efforts to attract more money to Credit Karma offer growth potential. The TurboTax and Credit Karma synergy shows promise, with $4 billion in tax refunds deposited into Credit Karma last year. They are aiming for more growth. INTU's partnership with Amazon integrates QuickBooks into the Amazon sellers' site, tapping into a $300 billion addressable market for small and medium-sized sellers.
Recently, Zacks.com users have been paying close attention to Intuit (INTU). This makes it worthwhile to examine what the stock has in store.
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?
In the closing of the recent trading day, Intuit (INTU) stood at $586.84, denoting a +1.38% change from the preceding trading day.
Intuit (INTU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Intuit (INTU) concluded the recent trading session at $609.41, signifying a +0.87% move from its prior day's close.
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 is benefiting from AI-powered innovations and a strong portfolio but faces headwinds in its Desktop Ecosystem and Mailchimp segments.
Intuit (INTU) reachead $626.05 at the closing of the latest trading day, reflecting a +1.73% change compared to its last close.