Group 1 - Intuit Inc. (NASDAQ:INTU) has received positive ratings from analysts, with a Buy rating reiterated by Mizuho Securities and Wells Fargo, although the latter lowered its price target from $880 to $840 [1][1] - The company reported a quarterly revenue of $3.89 billion, reflecting an 18.34% year-over-year growth, exceeding estimates by $126.20 million, and an EPS of $3.34, which topped estimates by $0.25 [2][2] - Management attributed the revenue growth to a significant increase in Global Business Solution revenue, which grew 18% to reach $3 billion, and a notable 97% year-over-year increase in GAAP operating income to $534 million [2][2] Group 2 - Intuit has provided its Q2 2026 and full-year revenue outlook, expecting Q2 revenue growth of 14% to 15%, with full-year revenue anticipated between $20.99 billion and $21.19 billion, slightly below Wall Street's expectation of $21.15 billion at the midpoint [3][3] - The company specializes in a variety of finance-related services, including business management, payroll management, marketing automation, and customer relationship management [3][3]
Wall Street Remains Positive on Intuit Inc. (INTU)