Intuit Inc. (INTU)
| Market Cap | 177.05B |
| Revenue (ttm) | 15.81B |
| Net Income (ttm) | 3.07B |
| Shares Out | 279.55M |
| EPS (ttm) | 10.83 |
| PE Ratio | 58.48 |
| Forward PE | 36.33 |
| Dividend | $3.60 (0.57%) |
| Ex-Dividend Date | Jul 10, 2024 |
| Volume | 798,190 |
| Open | 632.60 |
| Previous Close | 626.32 |
| Day's Range | 627.66 - 643.50 |
| 52-Week Range | 473.56 - 676.62 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 688.71 (+8.74%) |
| Earnings Date | Aug 22, 2024 |
About INTU
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and ... [Read more]
Financial Performance
In 2023, Intuit's revenue was $14.37 billion, an increase of 12.90% compared to the previous year's $12.73 billion. Earnings were $2.38 billion, an increase of 15.39%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for INTU stock is "Buy." The 12-month stock price forecast is $688.71, which is an increase of 8.74% from the latest price.
News
Intuit Appoints AI Leader Forrest Norrod to its Board of Directors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it appo...
Silicon Valley financial software giant Intuit to pay back $555,000 to 2,600 workers over missed overtime payments
Intuit is paying more than $555,000 in back wages to workers who missed overtime payments. The Labor Department said it hadn't kept accurate pay records and didn't pay workers for required training.
Intuit to lay off 1,800 employees, labels 1,050 as ‘underperformers'
Global financial company Intuit, which owns TurboTax, Quickbooks, MailChimp, and more, announced Wednesday that it's laying off 1,800 employees, or about 10 percent of its workforce. Unlike many recen...
Intuit Slashes Jobs, But Plans to Rehire as Company Shifts Focus to AI
Intuit (INTU) shares fell Wednesday after the accounting software maker announced that as part of a reorganization plan it was cutting jobs of current employees, but plans to replace them as it shifts...
Intuit Cuts 10% of Staff Amid New AI Efforts
Tax preparation software maker Intuit is cutting 1,800 jobs, or 10% of its workforce, and closing two locations.
Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan
Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
TurboTax parent Intuit slashing nearly 2K jobs as it plans shift to AI products
Intuit, which also makes online accounting software QuickBooks, said it will increase investments in generative AI and plans to expand into new markets including Canada, United Kingdom and Australia.
Intuit to lay off 1,800 and hire an equal number as it refocuses on AI
Inuit Inc. INTU, -1.39% said Wednesday it's cutting 1,800 jobs or about 10% of its workforce and hiring an equal number of engineering, product and sales people as it pivots to invest in artificial in...
Intuit to cut about 1,800 jobs
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to reinvest capital in other critical areas.
Investors call Intuit bullish; VB calls Intuit and its AI strategy a highlight of VB Transform 2024
Learn why Intuit is such a good example of how to really put generative AI to work at this year's VB Transform.
Airwallex Integrates With Intuit QuickBooks to Provide Seamless Multicurrency Reporting
SAN FRANCISCO--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, today announced an integration with QuickBooks, the leading financial technology soft...
Failure to Keep Pace with Technology Seen as Biggest Risk to Accounting Professionals, According to 2024 Intuit QuickBooks Survey
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--A new Intuit QuickBooks survey shows that while the accounting industry has felt the shockwaves of changing economic conditions, accounting professionals believ...
Small businesses are 'in pretty good shape': Intuit CFO
Since the beginning of the Biden-Harris administration, 18.1 million new business applications have been submitted. Intuit (INTU) CFO Sandeep Aujla joins Wealth!
Intuit Expands IDEAS Program and its Partnership with the Los Angeles Urban League, Offering Small Businesses Free Access to Intuit Products, Services, Business Counseling, and Coaching
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit expands IDEAS program and partnership with the Los Angeles Urban League offering small businesses free access to Intuit products and services.
Intuit to Expand Usage-Based Auto Insurance Product With Zendrive Acquisition
Intuit plans to acquire technology and add employees from Zendrive to accelerate the development and adoption of Karma Drive, a telematics-powered, usage-based auto insurance product offered by Intuit...
Intuit to Acquire Technology from Zendrive
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that i...
Intuit to Preview AI-Powered Marketing Tools
Intuit, the maker of TurboTax, Credit Karma, QuickBooks and Mailchimp, will preview a new artificial intelligence (AI) system designed to help businesses increase revenue through smarter marketing. Th...
Intuit Mailchimp Previews AI-Powered Revenue Intelligence System, Launches SMS Marketing Tools in the UK
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today previewed its ne...
Intuit CFO Sandeep Aujla to Present at Nasdaq Investor Conference
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that S...
Intuit QuickBooks and the National Hockey League Announce Multi-Year Canadian Partnership
TORONTO--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, and the National Hockey League (NHL®) today an...
TurboTax Maker Intuit's Stock Falls as IRS Makes Direct Tax Filing Permanent
Shares of Intuit (INTU) fell nearly 6% Thursday as the Internal Revenue Service (IRS) said it will make permanent its new direct income tax filing program for everyone, beginning with the tax filing s...
Intuit Executive Mark Notarainni to Present at Bank of America Global Technology Conference
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that M...
New Small Business Grants Available from Intuit QuickBooks
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the QuickBoo...
TurboTax's Intuit Is the Worst S&P 500's Worst Performer Today
Intuit expects the number of free TurboTax customers to be around 10 million for the full fiscal year.
Intuit Stock Slumps After Warning TurboTax Could Lose 1 Million Free Users
Shares of Intuit (INTU) dropped close to 8% in intraday trading Friday as the provider of financial and other software warned it will lose 1 million customers who use the free version of its TurboTax ...