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 ...

Intuit Inc. (NASDAQ:INTU) Goldman Sachs Communacopia + Technology Conference September 11, 2024 4:45 PM ET Company Participants Sasan Goodarzi - Chief Executive Officer Conference Call Participants Unidentified Analyst Are we ready to have this Gen AI thing move to the application layer already, enough about this infrastructure thing. Let's get this to work and create value for customers at the application there. So no better guest to talk about this than Sasan Goodarzi, the CEO of Intuit. Welcome back to t ...

Intuit Inc. (NASDAQ:INTU) Citi 2024 Global TMT Conference September 4, 2024 3:00 PM ET Company Participants Marianna Tessel - EVP & GM of Global Business Solutions Group Conference Call Participants Steven Enders - Citigroup Operator Steven Enders Thank you for being here for the afternoon session of the Citi Technology Conference. I'm Steve Enders, part of the Software Research team here, and with us for this session, we have Marianna Tessel from Intuit. Marianna, very happy to have you here today. Mariann ...

Intuit (INTU) reported $3.18 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 17.4%. EPS of $1.99 for the same period compares to $1.65 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.08 billion, representing a surprise of +3.23%. The company delivered an EPS surprise of +6.99%, with the consensus EPS estimate being $1.86. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

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. Shares of this maker of TurboTax, QuickBooks and other accounting software have returned +2.2% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Computer - Software industry, to which Intuit belongs, has gained 1.4% over this period. Now the key question is: Where could the stock be headed in ...

Intuit stock has fallen out of favor with investors in 2024 amid fears surrounding AI and the IRS' new free online tax prep system. INTU shares are flat in 2024, lagging the Zacks Tech sector's 16% climb. Despite the recent underperformance, Intuit has more than doubled Tech over the past decade and it's projected to post solid double-digit sales and earnings growth going forward. Intuit stock could be ready to break out to all-time highs after getting rejected at its 2021 peaks multiple times this year. In ...

Tables of Contents Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value INTU Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-K ☑ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended July 31, 2024 OR ☐ Transition report pursuant to Sect ...