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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Intuit Inc. (INTU-Q) is currently trading around $630 with a 12-month target of $717. The company's recent financial reporting beat expectations and raised guidance. Total online payments are up 20%, and QuickBooks continues to be a major driver of growth. Intuit has also introduced AI tools for customers, showing a commitment to innovation. However, some experts believe the stock may be ahead of itself and caution against buying until the market shows its true colors. The company faces challenges in attracting new businesses as a potential recession could impact the number of businesses. Overall, Intuit's strong performance in the small business sector and focus on innovation make it a compelling investment option.

Consensus
Positive
Valuation
Fair Value
DON'T BUY
Intuit Inc.

Likes it, but shares slid over 2.5% on layoffs news which are AI-related. Enterprise software may be seeing a slowing. Valuations for these stocks is declining and are paling next to hardware stocks (except Microsoft).

computer software / processing
BUY
Intuit Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of $9.88 compares to estimates $9.38; sales of $6.73B beat estimates of $6.64B. Intuit exceeded fiscal 3Q consensus due to 18% revenue growth in its Small Business and Self-Employed (SBSE) segment, with Online Services a driver -- up 19% on payroll, payments and Mailchimp. QuickBooks online accounting was solid (up 19%), fueled by higher prices, customer growth and a shift in product mix. The company raised its fiscal 2024 sales-growth guidance to 13% vs. 11-12%, but Consumer Group (TurboTax) guidance was maintained at 7-8%, with its AI initiatives for the Assisted Tax and Business segments in the early stages. A decline in the low-end tax-filer segment was a negative surprise, yielding a 80-bp decline in market share. Credit Karma sales growth (up 8%) pushed against the headwinds from higher interest rates on personal, auto and mortgage loans. There is always going to be competition, government or otherwise, but the company's dominance should help it. Tax of course is not its only business. Consensus still calls for EPS in 2025 to still more than double from 2023 levels. We think it is more of a BUY today.
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computer software / processing
TOP PICK
Intuit Inc.

Markets are lofty, if not exactly frothy, right now. Trading around $630, 12-month target of $717. February reporting beat on top and bottom, raised guidance. We're going into tax season, and this is where the company really makes their hay. Yield is 0.6%.

(Analysts’ price target is $695.30)
computer software / processing
BUY
Intuit Inc.

Total online payments are up 20%.

computer software / processing
WAIT
Intuit Inc.

The CEO is doing a great job, but the stock is 5-8% ahead of itself. Also, he expects the market to take capital gains in January, so wait till then before buying when you see the true colours of stocks.

computer software / processing
BUY
Intuit Inc.

A play on small business which baosted 50% EPS growth in the last quarter.

computer software / processing
BUY
Intuit Inc.

QuickBooks is the major driver of growth. Management reiterated growth around a strong mid-teens. It reports next week.

computer software / processing
BUY
Intuit Inc.

They started using AI 5 years ago, and have now introduced Intuit Assist, an AI tool for customers.

computer software / processing
DON'T BUY
Intuit Inc.

Companies like this need new businesses (to become clients), but if were heading into a recession there are fewer businesses. So, this is a challenge for INTU. Over 5 years, maybe this is okay, but their PE is now at a high 40x. If want to buy, buy a small position.

computer software / processing
BUY
Intuit Inc.

She just bought Intuit. PE isn't cheap, but it has a competitive advantage because they operate in tax and accounting, areas which are more resilient in a recession if enterprise spending slows. Also, they offer better margins in their online where most of their revenues lie.

computer software / processing
BUY
Intuit Inc.

A great, long-term company, great because it is invaluable to small businesses. The chart shows a head-and-shoulders pattern.

computer software / processing
Unspecified
Intuit Inc.

He uses the products as do many others. It has been an amazing company with a strong main business. However it has diversified away from its main business and this does not necessarily work with any company. He hasn't researched it yet but it should be in a group of 60 to 100 quality businesses that will do well.

computer software / processing
BUY
Intuit Inc.
Likes their products. There are concerns how they'll hold up in a recession. Shares are down more than 40% from its highs. Their last quarter beat and offered a fine full-year forecast. Since then, shares have pulled back with the market, so you're now getting that quarter for free.
computer software / processing
BUY
Intuit Inc.
They offer a great suite of tools to get new self-employed people and entrepreneurs to get going.
computer software / processing
WAIT
Intuit Inc.
A great company, but trades at 43x earning and the market is punish anything above 30x.
computer software / processing
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Intuit Inc.(INTU-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 6

Stockchase rating for Intuit Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Intuit Inc.(INTU-Q) Frequently Asked Questions

What is Intuit Inc. stock symbol?

Intuit Inc. is a American stock, trading under the symbol INTU-Q on the NASDAQ (INTU). It is usually referred to as NASDAQ:INTU or INTU-Q

Is Intuit Inc. a buy or a sell?

In the last year, 6 stock analysts published opinions about INTU-Q. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Intuit Inc..

Is Intuit Inc. a good investment or a top pick?

Intuit Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Intuit Inc..

Why is Intuit Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Intuit Inc. worth watching?

6 stock analysts on Stockchase covered Intuit Inc. In the last year. It is a trending stock that is worth watching.

What is Intuit Inc. stock price?

On 2024-07-23, Intuit Inc. (INTU-Q) stock closed at a price of $637.04.