Intuit is a market leader in financial software, currently trading at a deep discount with a strong long-term ‘strong buy' rating. INTU's dividend yield is at a decade high, supported by a 14-year streak of double-digit increases and outstanding safety metrics. Despite investor concerns over AI disruption and DIY TurboTax weakness, INTU's TurboTax Live and Enterprise Suite are driving double-digit revenue growth.
INTU's Mailchimp's new Analytics AI and expanded integrations aim to help e-commerce brands turn customer data into smarter campaigns and growth.
INTU's AI-driven ecosystem and TurboTax Live fuel growth, while PYPL's Venmo expansion and comprehensive payments and commerce solutions intensify the fintech battle.
Industry Description
Zacks.com users have recently been watching Intuit (INTU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Intuit Inc (NASDAQ:INTU, XETRA:ITU) was reinstated with a ‘Buy' rating and a $400 price target by Bank of America, which said the financial software company's current valuation does not fully reflect the strength of its business, growth profile, and profitability. The bank said it values Intuit at 14 times estimated calendar 2027 enterprise value to free cash flow, citing what it described as a “high-quality platform” with durable competitive positioning and best-in-class margins.
INTU's TurboTax moves beyond DIY filing with assisted tax, faster refunds and financial tools, as TurboTax Live drives growth despite pricing pressure.
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Intuit (INTU) possesses solid growth attributes, which could help it handily outperform the market.
Investors with an interest in Computer - Software stocks have likely encountered both Intuit (INTU) and Microsoft (MSFT). But which of these two stocks is more attractive to value investors?
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?
Intuit beat Wall Street's sales and earnings targets for fiscal Q3. The company also raised its full-year performance guidance.