Intuit(INTU)

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Intuit: Behind The Curtain Of A 40-Year-Old Compounding Machine
Seeking Alpha· 2025-05-07 07:00
Core Viewpoint - The analysis begins coverage of Intuit (NASDAQ: INTU) and concludes with a 'Buy' rating for the stock based on the discussed factors [1] Group 1: Company Overview - Intuit has a comprehensive history and a well-defined business model that supports its operations and growth [1] Group 2: Financial Performance - Recent financial performance details are provided, indicating the company's current standing in the market [1] Group 3: Valuation - The valuation of Intuit is discussed, contributing to the rationale behind the 'Buy' rating [1] Group 4: Risks - Risks associated with the company are acknowledged, although specific details are not provided in the summary [1]
Intuit: Another Acquisition On Top Of Strong Organic Growth
Seeking Alpha· 2025-05-03 09:00
Group 1 - Tomas Riba is an economist and former CFO who focuses on investing in high-quality companies that can compound cash flow over the long term [1] - His investment journey began in 2007, and he has a background in accounting and finance [1] - Riba has experience in various industries including pharma, medical devices, textiles, food, and real estate [1] - Currently, he teaches courses on "Derivatives for risk management" and "Investment analysis" at a Master's Degree program in Financial Management [1] - Riba's investment strategy emphasizes long-term growth, targeting companies with strong competitive advantages, expanding margins, low debt, and aligned management [1]
Intuit (INTU) Laps the Stock Market: Here's Why
ZACKS· 2025-04-25 22:55
In the latest market close, Intuit (INTU) reached $624.79, with a +1.62% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.74%. Elsewhere, the Dow saw an upswing of 0.05%, while the tech-heavy Nasdaq appreciated by 1.26%.The maker of TurboTax, QuickBooks and other accounting software's shares have seen a decrease of 0.08% over the last month, surpassing the Computer and Technology sector's loss of 6.23% and the S&P 500's loss of 4.77%.The investment community will be pa ...
Intuit, Google Cloud Partner to Streamline Tax Filing
PYMNTS.com· 2025-04-25 15:00
Highlights In an interview with PYMNTS, Intuit Chief Data Officer Ashok Srivastava shares details about the company’s AI journey. Intuit and Google Cloud have partnered to let users upload photos of tax forms, using AI to automatically extract and fill in data. Despite advanced automation, Intuit keeps human experts involved to ensure accuracy and personalized support. Intuit has teamed up with Google Cloud to offer an AI-powered feature that automatically extracts information from 10 different ...
How Intuit is Revolutionizing Its Business and Products with AI
The Motley Fool· 2025-04-23 12:00
In this video, we dive into how Intuit (INTU 2.63%) is harnessing the power of AI to create 'done-for-you' experiences for small business owners. With applications like TurboTax and QuickBooks, Intuit is not just keeping up with technology; it's taking charge of revolutionizing financial management. ...
Intuit Expands Money Management Offerings With Deserve Acquisition
PYMNTS.com· 2025-04-15 13:14
Company Acquisition - Intuit is preparing to acquire mobile-first credit card platform Deserve to enhance its money management offerings [1] - The acquisition will include key technology and team members from Deserve, aligning with Intuit's strategy to address cash flow management challenges faced by businesses [2] Cash Flow Challenges - Over 80% of business failures are linked to cash flow issues, highlighting the critical need for effective cash management solutions [2] - Approximately half of small and medium-sized businesses (SMBs) rely on immediate sales or existing cash for survival, indicating a vulnerability in their financial strategies [3] Financing and SMB Stability - Many SMBs not utilizing financing claim it is unnecessary, yet they also lack access to such resources, which is crucial for stability and growth [4] - Nearly 70% of SMBs hold less than four months' worth of cash, making them susceptible to financial disruptions [5] CEO Concerns - 45% of global CEOs recognize the need to assess their business models to optimize cash flow, with heightened concern among smaller firms [6] - 56% of CEOs from businesses earning less than $100 million express worries about their long-term viability if cash management practices do not improve [6]
Intuit Further Simplifies Tax Prep for Millions of TurboTax Customers this Tax Season with Google Cloud AI
Prnewswire· 2025-04-09 12:14
With Google Cloud's Doc AI and Gemini models, TurboTax expands done-for-you tax return autofill for ten common tax forms to save time and boost accuracyLAS VEGAS, April 9, 2025 /PRNewswire/ -- Cloud Next '25, LAS VEGAS -- Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a new collaboration with Google Cloud that further simplifies tax preparation for millions of TurboTax customers this tax season. With G ...
Intuit: Steady Performance, But This Tax Leader Already Commands A High Price (Upgrade)
Seeking Alpha· 2025-04-02 20:58
Core Insights - Intuit Inc. is performing relatively well during the tax season despite significant market volatility, benefiting from its diversified revenue streams between consumer and business segments [1] Company Performance - The company is the parent of TurboTax and Credit Karma, indicating a strong position in the financial software market [1] Industry Context - The article highlights the importance of diversification in revenue streams for companies in the technology and financial sectors, particularly during volatile market conditions [1]
Hidden Ways to Maximize Your Tax Refund and Find Lesser-Known Deductions and Credits
Globenewswire· 2025-04-02 18:59
Group 1 - The IRS tax filing deadline is approaching on April 15, and many individuals, particularly younger adults, are unaware of this deadline [1][2] - TurboTax offers Full Service options to assist individuals in filing their taxes, helping to identify deductions and credits that may be overlooked [2] - The Earned Income Tax Credit can provide substantial benefits, with families having three children eligible for up to $7,830, yet one in five people miss this credit [3] Group 2 - Parents can claim valuable credits for children, including the Child Tax Credit up to $2,000 and the Child and Dependent Care Credit up to $2,100 for two or more children [3] - Educational credits are available, such as the American Opportunity Tax Credit up to $2,500 for the first four years of college and the Lifetime Learning Credit up to $2,000 for any college course [3] - The Standard Deduction has been adjusted for inflation, now set at $14,600 for single filers, $29,200 for married filing jointly, and $21,900 for head of household [3]
Intuit (INTU) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-04-01 22:55
Company Overview - Intuit (INTU) closed at $613.78, showing a slight decline of -0.03% from the previous day's closing price, underperforming the S&P 500's gain of 0.38% on the same day [1] - Over the past month, Intuit's shares have increased by 2.15%, while the Computer and Technology sector has decreased by 8.94% and the S&P 500 has lost 5.59% [1] Upcoming Earnings - Intuit is expected to report earnings per share (EPS) of $11.01, representing an increase of 11.44% from the same quarter last year [2] - The consensus estimate for revenue is projected at $7.56 billion, reflecting a 12.19% rise compared to the equivalent quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $19.31 per share and revenue of $18.3 billion, indicating increases of +13.99% and +12.4% respectively from the previous year [3] - Recent modifications to analyst estimates for Intuit indicate a positive outlook, as positive revisions suggest analyst optimism regarding the company's business and profitability [3] Stock Performance and Valuation - The Zacks Rank system, which evaluates estimate changes, currently ranks Intuit at 3 (Hold), with a recent 0.05% decline in the Zacks Consensus EPS estimate [5] - Intuit's Forward P/E ratio stands at 31.79, which is a premium compared to the industry average Forward P/E of 24.11 [6] - The company has a PEG ratio of 2.19, compared to the Computer - Software industry's average PEG ratio of 2.04 [6] Industry Context - The Computer - Software industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]