In this article, we will take a look into Intuit Inc's (INTU, Financial) DCF analysis, a reliable and data-driven approach to estimating its intrinsic value. Instead of using future free cash flow as in the traditional DCF model, the GuruFocus DCF calculator uses EPS without NRI as the default for the DCF model based on research that shows that historically stock prices have been more correlated with earnings than free cash flow. As of 2024-10-08, Intuit Inc's intrinsic value as calculated by the Discounted ...

Intuit (INTU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of TurboTax, QuickBooks and other accounting software have returned -2.8%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Computer - Software industry, which Intuit falls in, has gained 3.3%. The key question now is: What could be the stock's f ...

Intuit (INTU, Financial) experienced a sudden stock price drop of 1.20%, with shares priced at $599.98. The trading volume reached 728,403 shares, reflecting a turnover rate of 0.26% and a price fluctuation of 1.09%. Recent financial reports show that Intuit achieved a revenue of $16.285 billion and a net profit of $2.963 billion, with earnings per share (EPS) of $10.58. The company's gross profit stood at $12.337 billion, and it maintains a price-to-earnings (P/E) ratio of 57.56. Among 32 rating agencies, ...

Intuit (INTU) shares have declined 0.6% year to date (YTD), underperforming the broader Zacks Computer and Technology Sector's appreciation of 23.7%. It has also lagged the Zacks Computer Software Industry and peers like Progress Software (PRGS) , SS&C Technologies (SSNC) and Trend Micro (TMICY) . Shares of PRGS, SSNC and TMICY have returned 24.1%, 21.5% and 11%, respectively, over the same time frame. The industry has appreciated 13.8% YTD. Expanding AI-Driven Portfolio to Boost INTU's Prospects INTU recen ...

Core Insights - Intuit is integrating TurboTax and Credit Karma to create a connected consumer financial platform that offers year-round insights and streamlined tax filing experiences [1][2] - The company is enhancing QuickBooks and Mailchimp with AI-powered automations to minimize manual tasks for business users [2][3] - Intuit plans to roll out agentic AI capabilities across its platforms, aiming to significantly improve efficiency and reduce human intervention in processes [4][5] Integration of Services - The new platform will allow Credit Karma users to file taxes directly through the app, eliminating the need for separate logins [2] - Business owners using QuickBooks will receive insights on cash flow, overdue invoices, and marketing opportunities, with AI recommendations to assist them [3] AI Innovations - Intuit is set to introduce agentic AI capabilities starting in December, with ongoing enhancements planned through 2025 [4] - Agentic AI aims to automate tasks such as invoicing and data entry, reducing errors associated with manual processes [5] - The company has already launched AI-driven tools, including a generative AI financial assistant for personalized insights [6] Workforce Changes - In July, Intuit announced a reduction of 1,800 jobs but plans to hire a similar number as part of its AI investment strategy [6] - The CEO emphasized the company's early commitment to AI, establishing a robust platform to support various stakeholders [7]

Intuit will introduce agentic artificial intelligence (AI) capabilities in December and continue rolling them out throughout 2025. The company will add these capabilities across its platforms and products, including Intuit TurboTax, Credit Karma, QuickBooks and Mailchimp, Intuit said in a Wednesday (Sept. 25) press release. "Agentic AI represents a transformative leap in technology, with the potential to unlock unprecedented levels of efficiency for our customers, human experts and developers," Alex Balazs, ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Intuit (INTU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Intuit currently has an average b ...

Seeking Alpha's analysts are bearish on Intuit (NASDAQ: INTU ), Figure 1. Year to date, the company has grown 3.2% while the S&P 500 has raised 19.6%. The company is underperforming, and it would be hard to demonstrate a bullish thesis. Investing in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly influence the global landscape in the years aheadI primarily ...

Intuit (INTU) , the financial software giant behind popular products like TurboTax and QuickBooks, has seen its stock price surge 20.9% over the past year, underperforming the Zacks Computer and Technology sector's return of 35.1% and raising questions about its future trajectory. This impressive growth comes amid a period of economic uncertainty, suggesting that Intuit's business model and strategic positioning have resonated strongly with investors. Intuit has an estimated 90% market share in the consumer ...

TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept. 17) press release. "As businesses grow, so does the complexity of running their business," Intuit CEO Sasan Goodarzi said in the release. "Intuit Enterprise Suite fuels growth by helping customers run their business on one end-to-end busine ...