Intuit(INTU)

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Intuit (INTU) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-06-02 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Intuit (INTU) is highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2][9] Group 2: Earnings Growth - Intuit's historical EPS growth rate stands at 15.4%, with projected EPS growth of 18% this year, significantly surpassing the industry average of 10.9% [4][3] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Intuit is currently 15.7%, exceeding the industry average of 9.9% [5] - Over the past 3-5 years, Intuit's annualized cash flow growth rate has been 19.2%, compared to the industry average of 10.3% [6] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Intuit, with the Zacks Consensus Estimate for the current year increasing by 4.1% over the past month [7][9]
Is Intuit (INTU) Stock Outpacing Its Computer and Technology Peers This Year?
ZACKS· 2025-05-30 14:46
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Intuit (INTU) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Intuit is one of 607 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Se ...
Intuit Inc. (INTU) Jefferies Public Technology Conference (Transcript)
Seeking Alpha· 2025-05-28 19:00
Intuit Inc. (NASDAQ:INTU) Jefferies Public Technology Conference May 28, 2025 11:30 AM ET Company Participants Sandeep Aujla - CFO Conference Call Participants Brent Thill - Jefferies Brent Thill Good morning, everyone. It's Brent Thill with Jefferies. We're here with Sandeep from Intuit. Kim Watkins in the front row. Kim raise your hand. Thank you so much for coming to Newport and being part of the conference. Sandeep Aujla Thank you for having us. Brent Thill Yes, it's great to have you. And maybe we sta ...
Intuit (INTU) Conference Transcript
2025-05-28 16:30
Summary of Intuit (INTU) Conference Call - May 28, 2025 Company Overview - **Company**: Intuit (INTU) - **Industry**: Financial Software and Services - **Key Products**: TurboTax, Credit Karma, QuickBooks, Mailchimp Core Insights and Arguments 1. **Strong Performance in Tax Season**: Intuit reported excellent momentum across its business, particularly during the tax season, which is the biggest quarter for the company. The company experienced a 23% customer growth and a 47% revenue growth in the assisted tax segment, exceeding the long-term growth target of 15% to 20% [9][10] 2. **Market Disruption Strategy**: The company is focused on disrupting the $35 billion assisted tax market by leveraging local marketing and timing strategies. Approximately 30% of customers make tax assistance decisions before December, prompting the company to adjust its marketing strategy accordingly [6][10] 3. **AI Integration**: Intuit has embedded AI into its services, enhancing customer experience and operational efficiency. AI agents have significantly reduced the time required for tax-related tasks, improving customer service and productivity [14][15][16] 4. **Government Relations**: Concerns regarding changes in tax codes and government regulations are viewed as overblown. The company believes that efforts to eliminate fraud and waste in government spending could create synergistic opportunities for Intuit [20][22] 5. **Focus on Continuous Improvement**: Despite a successful quarter, the company emphasizes the need for ongoing improvement and learning to maintain momentum. The goal remains a durable growth rate of 15% to 20% in the assisted tax segment [24][25] Additional Important Points 1. **Stability in SMB Sector**: Intuit serves nearly 10 million customers, with 70% being service-oriented businesses less affected by macroeconomic factors. Cash balances among small businesses have increased by 5% year-over-year, indicating stability [30][31] 2. **Consolidation Opportunities**: There is a significant opportunity for consolidation in the small business sector, as many businesses use multiple software applications. Intuit aims to provide a one-stop-shop solution to streamline operations for small businesses [32][33] 3. **Monetization of AI**: The company is exploring various monetization strategies for AI, including pricing for value and add-on modules. Early tests show positive results, such as faster payments and reduced unpaid invoices [36][37] 4. **International Strategy**: While the U.S. market remains a priority, Intuit acknowledges the importance of international growth. The company aims to expand its presence in international markets, particularly through the integration of Mailchimp [46][48] 5. **Capital Allocation Discipline**: Intuit maintains a disciplined approach to capital allocation, focusing on high ROI investments, dividends, and buybacks. The company achieved a 100 basis points margin increase while expanding its mid-market sales force [44] This summary captures the key insights and strategic directions discussed during the Intuit conference call, highlighting the company's performance, market strategies, and future growth opportunities.
Why Intuit Stock Topped the Market on Tuesday
The Motley Fool· 2025-05-27 21:05
Intuit (INTU 4.36%) stock was off to a fine start as the Memorial Day-shortened trading week began. The tax and finance software specialist was the subject of a new, bullish analyst note, and investors reacted to this by pushing the stock's price up about 4.4% on the day. That easily beat the 2% increase of the S&P 500 index.Price increases and a strong third quarterThe analyst behind the new Intuit note was Mizuho's Siti Panigrahi, who reiterated his outperform (read: buy) recommendation on the stock at a ...
Buy the Spike in Intuit (INTU) Stock After Earnings?
ZACKS· 2025-05-24 01:06
Core Viewpoint - Intuit's stock surged by 8% after exceeding fiscal Q3 expectations, driven by strong sales and earnings results, and the integration of AI into its services [1][3][4]. Group 1: Financial Performance - Intuit reported Q3 sales of $7.75 billion, surpassing estimates of $7.54 billion and increasing from $6.73 billion year-over-year [3]. - The company's Q3 EPS was $11.65, an 18% increase from $9.88 in the same quarter last year, exceeding expectations of $10.89 by nearly 7% [4]. - Intuit has surpassed the Zacks EPS Consensus for 13 consecutive quarters, with an average earnings surprise of 12.15% over the last four quarters [4][5]. Group 2: Revenue Guidance - Intuit raised its full-year revenue guidance for fiscal 2025 to between $18.72 billion and $18.76 billion, up from previous estimates of $18.16 billion to $18.35 billion [6][8]. - This new guidance is above Zacks' estimates of $18.28 billion, indicating a projected growth of 12% [8]. Group 3: Market Position and Valuation - Intuit's stock is currently trading at a forward earnings multiple of 34.5X, comparable to Microsoft but higher than the industry average of 27.3X [10]. - The stock is trading significantly below its decade-long high of 87.2X forward earnings and offers a 23% discount to its median of 44.9X during this period [10]. Group 4: Future Outlook - Following the favorable Q3 report, Intuit holds a Zacks Rank 3 (Hold), with potential for a buy rating as earnings estimate revisions may trend higher due to the elevated revenue guidance [11].
Intuit's AI Strategy, Upmarket Gains Fuel Analyst Optimism Following Strong Earnings
Benzinga· 2025-05-23 20:05
Wall Street analysts rerated Intuit Inc INTU after the company reported its third-quarter results on Thursday.Intuit reported third-quarter revenue of $7.75 billion, up 15%, beating analyst estimates of $7.56 billion. The QuickBooks and TurboTax parent company reported third-quarter adjusted earnings of $11.65 per share, beating analyst estimates of $10.91 per share.Also Read: Intuit Under-performance Has Stemmed From Valuation Reset, Analyst Upgrades StockIntuit expects fourth-quarter revenue of $3.72 bill ...
Intuit Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2025-05-23 16:41
Core Insights - Intuit (INTU) reported fiscal third-quarter 2025 non-GAAP earnings of $11.65 per share, exceeding the Zacks Consensus Estimate by 6.98%, with an 18% increase year-over-year [1] - Revenues reached $7.75 billion, surpassing the consensus mark by 2.78% and reflecting a 15.1% year-over-year growth [1] Revenue Breakdown - Global Business Solutions Group revenues, accounting for 36.7% of total revenues, grew 19.4% year-over-year to $2.85 billion [2] - Online Ecosystem revenues within this segment increased 18% year-over-year to $2.1 billion [2] - QuickBooks Online Accounting revenues rose 21% year-over-year to $1.04 billion, driven by higher effective prices, customer growth, and mix-shift [2] - Online Services revenues, including payroll and payments, jumped 18% year-over-year to $1.05 billion [3] - Consumer Group revenues, making up 52.2% of total revenues, increased 10.8% to $4.05 billion [3] - ProTax Group's professional tax revenues rose 9.4% year-over-year to $278 million [3] - Credit Karma contributed $579 million to total revenues, marking a 30.7% year-over-year increase [4] Financial Performance - Non-GAAP operating income climbed 17% to $4.34 billion, with a non-GAAP operating margin increase of 90 basis points to 56% [4] - As of April 30, 2025, Intuit's cash and investments totaled $6.2 billion, up from $2.5 billion as of January 31, 2025 [5] - The company had long-term debt of $5.9 billion and repurchased $754 million of stock during the fiscal third quarter [5] - A quarterly dividend of $1.04 per share was approved, representing a 16% year-over-year increase [5] Future Outlook - For fiscal fourth quarter 2025, revenues are expected to grow between 17% and 18% year-over-year, projected in the range of $3.72-$3.76 billion [6] - Non-GAAP earnings for the quarter are estimated between $2.63-$2.68 per share [6] - Fiscal 2025 revenues are projected to be between $18.72-$18.76 billion, indicating approximately 15% growth [6] - Global Business Solutions segment revenues are expected to grow 16% year-over-year, while Consumer Group revenues are anticipated to grow around 10% [7] - Credit Karma revenues are projected to grow 28%, and ProTax revenues are forecasted to grow 3-4% [7] - Non-GAAP operating income is expected to be between $7.54 billion and $7.56 billion, with non-GAAP earnings per share projected between $20.07 and $20.12 for fiscal 2025 [7]
Intuit shares pop 9% on earnings beat, rosy guidance
CNBC· 2025-05-23 14:43
Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts' estimates and issued rosy guidance for the full year.Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to $2.82 billion, or $10.02 per share, from $2.39 billion, or $8.42 per share, a year earlier."This is the fastest organic growth that we have had in over a decade," Intuit CEO Sasan ...
Intuit shares jump after earnings, outlook top Wall Street views
Proactiveinvestors NA· 2025-05-23 13:37
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]