Intuit Inc. ($INTU) Stock Forecast: Up 11.7% Today

What is Intuit Inc.?

Intuit (INTU) is a leading financial software company known for products like TurboTax and Credit Karma. The company operates in the Global Business Solutions segment and has been focusing on AI-driven growth strategies.

Why is Intuit Inc. going up?

INTU stock is up 11.7% on Feb 26, 2025 20:45

• Strong bullish movement for Intuit today is influenced by various factors:
• Analyst upgrades and raised price forecasts demonstrate increasing confidence in the company's performance and future potential.
• Outperforming earnings and revenue expectations in the second quarter indicates the company's robust financial health and efficient operations.
• Emphasizing AI-driven growth through products like TurboTax and Credit Karma showcases Intuit's innovation and ability to adapt to market changes, bolstering investor confidence.
• Overall, Intuit's positive market performance today reflects a mix of solid financial results, strategic growth endeavors, and positive analyst feedback.

INTU Price Chart

INTU Technical Analysis

INTU News

This Intuit Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday - Intuit ( NASDAQ:INTU ) , Check Point Software ( NASDAQ:CHKP )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. JP Morgan analyst Brian Essex upgraded Check Point Software Technologies Ltd.

https://www.benzinga.com/analyst-ratings/upgrades/25/02/43984426/this-intuit-analyst-turns-bullish-here-are-top-5-upgrades-for-wednesday

Intuit Sees AI-Driven Growth With TurboTax, Credit Karma: Analyst Raises Price Forecast - Intuit ( NASDAQ:INTU )

Intuit's Q2 revenue of $3.96B beat estimates by $120M, driven by strong growth in TurboTax, Credit Karma and AI-powered automation. Intuit Assist reduces TurboTax support inquiries by 20%, highlighting AI's impact as the company maintains strong fiscal 2025 guidance.

https://www.benzinga.com/analyst-ratings/price-target/25/02/43980437/intuit-sees-ai-driven-growth-with-turbotax-credit-karma-analyst-raises-price-forecas

Intuit Q2 Earnings Surpass Estimates, Revenues Increase Y/Y

INTU's fiscal second-quarter results surpass expectations, reflecting strength in the Global Business Solutions segment.

https://www.zacks.com/stock/news/2422077/intuit-q2-earnings-surpass-estimates-revenues-increase-yy

Intuit ( INTU ) Q2 Earnings and Revenues Beat Estimates

Intuit (INTU) delivered earnings and revenue surprises of 28.68% and 3.67%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2421485/intuit-intu-q2-earnings-and-revenues-beat-estimates

Intuit Shares Rise Following Q2 Earnings Beat: The Details - Intuit ( NASDAQ:INTU )

Intuit beats analyst estimates on the top and bottom lines in the second quarter. "We are confident in delivering double-digit revenue growth and expanding margin this year," the company says. Get two weeks of free access to pro-level trading tools, including news alerts, scanners, and real-time ...

https://www.benzinga.com/news/earnings/25/02/43959427/intuit-shares-rise-following-q2-earnings-beat-the-details

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Intuit Inc. Price History

21.10.2024 - INTU Stock was up 5.5%

• A bearish sentiment in the options trading market may have initially caused concern among investors regarding Intuit.
• Analysts are expecting a slight decrease in earnings per share for Intuit's Q1 compared to the previous year, which could have led to cautious optimism among traders.
• The potential development of a tax-filing mobile app by the Department of Government Efficiency may have caused a slight dip in Intuit's shares earlier in the week. However, today's positive market sentiment likely overshadowed this setback.
• Wall Street projections for key metrics of Intuit's Q1 performance might have contributed to the bullish movement, providing investors with insights into the company's potential performance.

21.10.2024 - INTU Stock was up 5.1%

• Intuit is expected to release its Q1 earnings with analysts forecasting a slight decrease in earnings per share year-over-year. This anticipation of financial performance may be fueling investor optimism and contributing to the bullish movement.
• The stock initially dropped earlier in the week due to rumors about a potential mobile app by the "Department of Government Efficiency" for tax filing. Subsequent clarifications likely restored investor confidence in Intuit's market position, leading to the bullish trend.
• The options market sentiment for Intuit displays a mix of bearish and bullish outlooks, with a significant portion of investors favoring bullish trades. This suggests diverse opinions and strategies among investors impacting the stock's overall market movement.

22.10.2024 - INTU Stock was down 5.1%

• Intuit reported strong Q1 earnings surpassing estimates, with revenues rising year over year, reflecting strength in key business segments.
• Despite the positive earnings report, Intuit's shares tanked due to a disappointing outlook for the current quarter, leading to a bearish movement in the stock.
• Analysts noted that while the fiscal results were upbeat, the weak forecast for the upcoming quarter caused concerns among investors, contributing to the stock's decline.
• The mixed trends beneath the surface, with strong earnings but a weak forecast, likely led to the market's negative reaction towards Intuit's stock today.

23.07.2024 - INTU Stock was down 8.3%

• Despite a strong performance in the fourth quarter, Intuit's stock saw a bearish movement.
• This negative market reaction could be attributed to profit-taking following a period of upward movement post the positive results.
• The stock's bullish momentum faced a setback despite price target increases by analysts and the company's robust guidance for FY25.
• Concerns about highlighted operating losses in the earnings call transcript led to selling pressure on the stock by investors.

23.07.2024 - INTU Stock was down 6.4%

• Despite reporting better-than-expected fourth-quarter financial results and issuing strong FY25 guidance, Intuit's stock experienced a bearish movement.
• The market may have reacted negatively due to potential concerns about the company's operating losses highlighted in the earnings call transcript.
• Raised price targets and positive ratings from analysts might not have been enough to offset the impact of the operating losses on investor sentiment.
• The overall market optimism reflected in higher U.S. stock futures trading may not have been sufficient to lift Intuit's stock price amid the specific concerns raised during the earnings call.

23.07.2024 - INTU Stock was down 6.6%

• After reporting its fourth-quarter earnings and providing first-quarter EPS guidance lower than expected, Intuit's shares saw a decrease, prompting worries among investors about its upcoming performance.
• Despite posting strong quarterly results, analysts had differing views on the effects of investments in artificial intelligence on Intuit's profitability, influencing the stock's drop.
• While the broader market, represented by the Nasdaq Composite and S&P 500, showed positive trends, it was Intuit's internal performance factors that primarily drove its downward movement.
• Intuit's announcement of a $3 billion repurchase authorization could indicate confidence in its long-term plans; however, immediate apprehensions impacted its stock price adversely.

19.10.2024 - INTU Stock was down 6.1%

• The bearish movement in Intuit's stock today could be attributed to the bearish stance taken by whales in the options market, with a significant percentage of investors opening trades with bearish expectations.
• Wall Street projections for key metrics of Intuit's Q1 might have fallen short of expectations, leading to a negative sentiment among investors.
• The combination of bearish options market activity and potentially underwhelming Q1 performance projections could have contributed to the strong bearish movement in Intuit's stock today.

06.10.2024 - INTU Stock was up 5.7%

• Despite the slight dip in Intuit's stock price, the overall market showed gains, indicating a mixed performance for the company.
• The decline in Intuit's stock exceeding that of the market could be attributed to specific company-related factors or market sentiment towards the tech sector.
• Investors might be reacting to internal developments within Intuit or external factors impacting the company's growth prospects, leading to the divergence from the broader market trend.
• It is essential for investors to closely monitor any upcoming announcements or financial reports from Intuit to better understand the reasons behind the stock's movement and make informed decisions.

26.01.2025 - INTU Stock was up 11.2%

• INTU stock experienced a strong bullish movement today.
• The bullish trend can be attributed to Intuit's impressive Q2 earnings report, where they beat both earnings and revenue estimates by significant margins.
• The company's confidence in delivering double-digit revenue growth and expanding margins for the year likely boosted investor sentiment.
• Analysts revising their forecasts ahead of the earnings call and the anticipation of positive results from Intuit's Online Ecosystem business also contributed to the stock's upward momentum.

26.01.2025 - INTU Stock was up 11.4%

• INTU stock had a strong bullish movement.
• Positive Q2 earnings report surpassing revenue and earnings estimates influenced the bullish sentiment.
• Analysts' upgraded price forecasts and confidence in double-digit revenue growth and margin expansion for the year further elevated investor optimism.
• Emphasis on AI-driven growth, particularly with TurboTax and Credit Karma, highlighted the company's strategic focus and growth potential, attracting investor interest in the stock.

26.01.2025 - INTU Stock was up 11.7%

• Strong bullish movement for Intuit today is influenced by various factors:
• Analyst upgrades and raised price forecasts demonstrate increasing confidence in the company's performance and future potential.
• Outperforming earnings and revenue expectations in the second quarter indicates the company's robust financial health and efficient operations.
• Emphasizing AI-driven growth through products like TurboTax and Credit Karma showcases Intuit's innovation and ability to adapt to market changes, bolstering investor confidence.
• Overall, Intuit's positive market performance today reflects a mix of solid financial results, strategic growth endeavors, and positive analyst feedback.

02.07.2024 - INTU Stock was down 6.2%

• The bearish movement in Intuit's stock price could be attributed to profit-taking by investors after a period of growth or anticipation of less-than-expected financial results.
• Mention of Intuit's upcoming announcement of fourth-quarter and full-year fiscal 2024 results may have led to some uncertainty or caution among investors, impacting the stock price negatively.
• The overall positive outlook for software stocks in the market may have highlighted Intuit's underperformance for the day, leading to a more significant decline compared to the broader market.
• Former PayPal CEO's comments about PayPal no longer being an innovator but having a business built on strength could have indirectly influenced investor sentiment towards fintech companies like Intuit, contributing to the bearish movement.