Intuit is a financial software company that specializes in developing solutions to simplify and improve personal and business finance management. The company is best known for its flagship products like TurboTax, which assists individuals in preparing and filing taxes; QuickBooks, which provides accounting tools for small businesses; and Mint, a personal finance application that helps users track their spending and budgeting. Intuit focuses on leveraging technology and innovation to deliver user-friendly, cloud-based services that empower individuals and businesses to manage their financial affairs more effectively. Read More
Intuit’s second quarter was marked by strong revenue growth and margin expansion, but the market reacted negatively to the results, reflecting concerns about the company’s forward outlook. Management attributed the solid performance to robust customer adoption of its AI-enabled business platform and new features in products like TurboTax Live and Credit Karma. CEO Sasan Goodarzi emphasized that “years of investments in data, data services, AI and human intelligence, coupled with strong execution against our AI-driven expert platform strategy fueled these outstanding results.” The company also highlighted successful expansion into mid-market business customers and increased engagement in its virtual team of AI agents.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Alex Balazs, executive vice president and chief technology officer will present at the Citi Global TMT Conference on Wednesday, September 3 in New York.
On 21 August, Intuit (INTU) increased its dividend by 15.38%, from $1.04 to $1.20 per share. The dividend is payable on 17 October to shareholders of record on 9 October.
The financial markets are currently navigating a complex tapestry of corporate performance and strategic shifts, with recent announcements from Intuit, Intel, and Energy Fuels sending distinct signals across their respective sectors. While Intuit's (NASDAQ: INTU) conservative outlook has cast a shadow over the fintech space, Intel's (NASDAQ: INTC) significant government
Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Based on its 32.3% FCF margin, INTU stock could be worth over 19% more at $734 per share in the next 12 months. That makes the stock attractive to value investors.
Shares of financial technology platform Intuit (NASDAQ:INTU) fell 4.3% in the afternoon session after it issued a disappointing revenue forecast for the upcoming quarter, which overshadowed its strong fourth-quarter results.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Friday. Stay informed about the latest market trends.
Financial technology platform Intuit (NASDAQ:INTU) announced better-than-expected revenue in Q2 CY2025, with sales up 20.3% year on year to $3.83 billion. On the other hand, next quarter’s revenue guidance of $3.76 billion was less impressive, coming in 1.5% below analysts’ estimates. Its non-GAAP profit of $2.75 per share was 3.4% above analysts’ consensus estimates.
