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 three segments: Small Business & Self-Employed, Consumer, and Strategic Partner. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; and QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. This segment also offers payment-processing solutions, including credit and debit cards, and ACH payment services; and financial supplies and financing for small businesses. Its Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The company's Strategic Partner segment offers Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. Intuit Inc. has a collaboration agreement with Red Hat, Inc. on Argo CD, a declarative continuous delivery tool for Kubernetes deployments; and a strategic agreement with Visa Inc. The company was founded in 1983 and is headquartered in Mountain View, California.
IPO Year: 1993
Exchange: NASDAQ
Website: intuit.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/15/2025 | $530.00 | Neutral → Underperform | Exane BNP Paribas |
11/19/2024 | $700.00 | Sector Perform | Scotiabank |
8/23/2024 | $700.00 → $760.00 | Outperform | BMO Capital Markets |
8/14/2024 | $750.00 → $685.00 | Overweight → Equal-Weight | Morgan Stanley |
7/3/2024 | $760.00 | Outperform | RBC Capital Mkts |
6/13/2024 | $770.00 | Buy | Jefferies |
12/15/2023 | $700.00 | Positive | Susquehanna |
9/29/2023 | $520.00 | Hold | HSBC Securities |
7/19/2023 | $532.00 | Underperform → Neutral | Exane BNP Paribas |
4/24/2023 | $530.00 | Overweight | Atlantic Equities |
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
4 - INTUIT INC. (0000896878) (Issuer)
Exane BNP Paribas downgraded Intuit from Neutral to Underperform and set a new price target of $530.00
Scotiabank initiated coverage of Intuit with a rating of Sector Perform and set a new price target of $700.00
BMO Capital Markets reiterated coverage of Intuit with a rating of Outperform and set a new price target of $760.00 from $700.00 previously
Morgan Stanley downgraded Intuit from Overweight to Equal-Weight and set a new price target of $685.00 from $750.00 previously
RBC Capital Mkts initiated coverage of Intuit with a rating of Outperform and set a new price target of $760.00
Jefferies reiterated coverage of Intuit with a rating of Buy and set a new price target of $770.00
Susquehanna initiated coverage of Intuit with a rating of Positive and set a new price target of $700.00
HSBC Securities initiated coverage of Intuit with a rating of Hold and set a new price target of $520.00
Exane BNP Paribas upgraded Intuit from Underperform to Neutral and set a new price target of $532.00
Atlantic Equities initiated coverage of Intuit with a rating of Overweight and set a new price target of $530.00
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will hold its annual stockholder meeting virtually on Thursday, January 23 at 8:00 AM Pacific time (11:00 AM Eastern time). Sasan Goodarzi, Intuit's chief executive officer, will review the company's fiscal year 2024 results and discuss the company's strategy for growth. The meeting will be webcast live on Intuit's website at https://investors.intuit.com/events-and-presentations/default.aspx. A replay of the webcast will be available approximately 24 hours after the meeting ends. About Intuit Intuit is the global financial technology platform that
Higher Interest Rates & Access to Credit Impacted Small Business Growth Today, Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, released the findings of its 2025 Intuit QuickBooks Small Business Index Annual Report. Developed in collaboration with leading global economist University of Chicago Professor Ufuk Akcigit and his co-authors, the report reveals how high interest rates were a growth inhibitor for small businesses as US small business employment experienced its largest year-over-year decline in 2024 since 2015, with the leisure and hospitality industries hardest hit. Fresh Insights on US Smal
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a suite of offerings designed to help filers access their tax refunds faster and more affordably as TurboTax e-file opens for the 2024 tax season. The offerings include the only do-it-yourself mobile app offer on the market, providing completely free federal and state tax preparation regardless of tax complexity. In addition, TurboTax is providing the first and only fast refund guarantee that delivers federal tax refunds 5 days early no matter the filer's banking institution, helping consumers get faster access to critical funds. For mill
Intuit's AI-Driven Virtual Expert Platform Redefines a New Era of Tax Preparation for Consumers and Small Businesses Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today launched its TurboTax brand campaign "Now This Is Taxes," showcasing how its assisted tax filing experience, powered by its AI-driven expert platform, delivers a modern, mobile-first, ‘done-for-you' approach that makes the old, complex way of doing taxes a thing of the past. With unbeatable pricing through its mobile app offer and faster access to refunds, TurboTax is spearheading a transformation of the industry. To meet the needs o
Mountain View, California, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, and ICIC, the foremost authority on accelerating small business growth in under-resourced communities, announced today the launch of the Intuit More with AI Tour, a nationwide roadshow to educate small and mid-market businesses about the transformative potential of artificial intelligence (AI) and advocate for policies that support business adoption of this technology. Through this initiative, Intuit and ICIC aim to demystify AI, promote its responsible use, and advocate for policies that facili
Intuit QuickBooks will become Amazon's preferred partner for financial management solutions integrated directly into Amazon Seller Central to fuel the success of Amazon sellers Intuit Inc. (NASDAQ:INTU) and Amazon (NASDAQ:AMZN) today announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuit's AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuit's platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth. This press release feature
Seamless AI-Powered Solutions and Consumer Platform Innovations Deliver Unparalleled Ease, Confidence and Faster Refunds Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced its tax platform offerings for personal and small business filers. New innovations and seamless integrations across Intuit's AI-driven expert platform deliver an accurate and personalized "done-for-you" tax filing experience with speed, guaranteeing maximum refunds faster. Extending its efforts to empower taxpayers beyond tax season, Intuit now also helps customers make smart money decisions year round for an even bette
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Marianna Tessel, executive vice president and general manager of Intuit's Global Business Solutions Group, will present at the Barclays 22nd Annual Global Technology Conference on December 11, 2024. The fireside chat will begin at 1:20 p.m. Pacific Time (4:20 p.m. Eastern Time) and will be available live via audio webcast on Intuit's investor relations website at https://investors.intuit.com/news-events. A replay of the webcast will be available approximately 24 hours after the presentation ends. About Intuit Intuit is the global
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Sasan Goodarzi, chief executive officer, will present at the Nasdaq 51st Investor Conference on December 10, 2024. The fireside chat will begin at 5:00 a.m. Pacific Time (1:00 p.m. Greenwich Mean Time) and will be available live via audio webcast on Intuit's investor relations website at https://investors.intuit.com/events-and-presentations/default.aspx. A replay of the webcast will be available approximately 24 hours after the presentation ends. About Intuit Intuit is the global financial technology platform that powers prosperi
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Mark Notarainni, executive vice president and general manager of Intuit's Consumer Group, will present at the Wells Fargo 8th Annual TMT Summit on December 4, 2024. The fireside chat will begin at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) and will be available live via audio webcast on Intuit's investor relations website at https://investors.intuit.com/news-events. A replay of the webcast will be available approximately 24 hours after the presentation ends. About Intuit Intuit is the global financial technology platform tha
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its first-quarter financial results for fiscal year 2025 on November 21, following the close of market. The company's first quarter ends today. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on November 21. The conference call can be heard live at https://investors.intuit.com/news-events. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for one week by calling 800-839-4198 or 402-220-298
New innovations connect products across Intuit's platform to deliver seamless, done-for-you experiences for consumers and businesses Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today shared the company's strategy at Investor Day and unveiled new AI-powered innovations that help consumers make smart money decisions year-round and fuel business growth on Intuit's platform, supercharged with an AI-powered financial assistant in customers' pockets. "Intuit's AI-driven expert platform delivers seamless, connected, done-for-you experiences that help customers make more money with less work and have comp
Company's early investments in Generative AI Operating System and AI-driven expert platform innovations accelerate delivery of agentic AI experiences Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is pioneering a done-for-you future with agentic AI. Developed using its proprietary Generative AI Operating System (GenOS), Intuit's new agentic AI systems will do the hard work on behalf of consumers and businesses, complemented by personalized AI-driven insights and recommendations, with a seamless path to AI-powered human tax and bookkeeping experts whenever needed. Intuit is bringing together the best o
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its fourth-quarter and full-year financial results for fiscal year 2024 on August 22, following the close of market. The company's fourth quarter ends on July 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on August 22. The conference call can be heard live at https://investors.intuit.com/news-events/ir-calendar. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for one week
Small Business and Self-Employed Group Revenue Grew 18 Percent Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the third quarter of fiscal 2024, which ended April 30. "The era of AI is one of the most significant technology shifts in our lifetime and our strategy to be the global AI-driven expert platform is delivering significant benefits to our customers and strong results across the company," said Sasan Goodarzi, Intuit's chief executive officer. "I'm proud of our innovation and performance, and because of our momentum, we are raising Intuit's revenue, operating in
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its third-quarter financial results for fiscal year 2024 on May 23, following the close of market. The company's third quarter ends today. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on May 23. The conference call can be heard live at http://investors.intuit.com/Events/default.aspx. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for one week by calling 800-723-0549 or 402-
Small Business and Self-Employed Group Revenue Grew 18 Percent Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the second quarter of fiscal 2024, which ended January 31. "We had another strong quarter as consumers and small businesses continue to rely on Intuit's platform to power their prosperity," said Sasan Goodarzi, Intuit's chief executive officer. "We have great momentum innovating across our products, and we're well on our way to becoming the trusted assistant that our customers use to fuel their financial success." Financial Highlights For the second quart
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its second-quarter financial results for fiscal year 2024 on February 22, following the close of market. The company's second quarter ends on January 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on February 22. The conference call can be heard live at https://investors.intuit.com/events-and-presentations/default.aspx. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for o
Small Business and Self-Employed Group Revenue Grew 18 Percent Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the first quarter of fiscal 2024, which ended October 31. "We had a very strong first quarter, starting our fiscal year with momentum," said Sasan Goodarzi, Intuit's chief executive officer. "With data and AI core to our strategy, we're accelerating innovation across our global financial technology platform to power the prosperity of consumers and small businesses." Financial Highlights For the first quarter, Intuit: Grew total revenue to $3.0 billion,
Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its first-quarter financial results for fiscal year 2024 on November 28, following the close of market. The company's first quarter ends on October 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on November 28. The conference call can be heard live at http://investors.intuit.com/Events/default.aspx. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for one week by calling 800-938-2
Intuit's AI-Driven Virtual Expert Platform Redefines a New Era of Tax Preparation for Consumers and Small Businesses Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today launched its TurboTax brand campaign "Now This Is Taxes," showcasing how its assisted tax filing experience, powered by its AI-driven expert platform, delivers a modern, mobile-first, ‘done-for-you' approach that makes the old, complex way of doing taxes a thing of the past. With unbeatable pricing through its mobile app offer and faster access to refunds, TurboTax is spearheading a transformation of the industry. To meet the needs o
Norrod, an AMD executive with deep AI expertise, will help accelerate Intuit's AI innovation Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it appointed Forrest Norrod, executive vice president and general manager of the Data Center Solutions Business at AMD, to its board of directors. "The AI revolution is one of the most significant technology shifts in our lifetime and Intuit's strategy to be the global AI-driven expert platform is delivering significant benefits to consumers and small businesses," said Sasan Goodarzi, CEO of Intuit. "We're proud to welcome Forrest to our board. H
Prabhu's financial services expertise will support Intuit's financial technology leadership Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it appointed Vasant Prabhu, former Chief Financial Officer and Vice Chairman of Visa, to its board of directors. "We are excited to welcome Vasant to our board. He has deep expertise in financial services innovation and building a global technology and payments platform," said Sasan Goodarzi, CEO of Intuit. "His leadership experience as CFO of large public companies, expanding financial technology and services, and scaling businesses international
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Unlock the Latest Tools and Technology to Ensure Tax Season Success Today, Intuit (NASDAQ:INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is announcing its latest updates to products and services including Intuit Tax Advisor, Intuit ProConnect Tax, Intuit Lacerte Tax, and Intuit ProSeries Tax, for the upcoming tax year. Intuit Accountants offers a range of products and services to help tax and accounting professionals stay ahead of the curve. The Tax Year 2023 product updates offer enhanced reporting capabilities, strategies, and streamlined workflows, while also providing accountants with access to new tax-related insights,
New fully integrated, Intuit-built solution meets the bill pay needs of businesses of any size, including the ability to create seamless approval workflows Today, Intuit Inc. (NASDAQ:INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a new solution fully integrated within Intuit QuickBooks that transforms bill pay for businesses and delivers accounts payable (AP) automation - QuickBooks Bill Pay. "Across the QuickBooks platform, we're revolutionizing money movement to improve the number-one problem small businesses face - cash flow - which impacts their success rates," said David Talach, Senior Vice President of
New directors will support Intuit's growth as leading financial technology platform Today, Intuit Inc.(NASDAQ:INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it has appointed Ryan Roslansky, CEO of LinkedIn, and Eric S. Yuan, CEO and founder of Zoom Video Communications, to its board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230504005263/en/Ryan Roslansky (Photo: Business Wire) "We are proud to welcome two incredible leaders to our board. Both Ryan and Eric are experts in building and scaling global technology platforms that are par
Brad Smith to Step Down as Executive Chairman in January 2022 Intuit (NASDAQ:INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, today announced that Suzanne Nora Johnson has been appointed by the Intuit Board of Directors to the role of Board Chair, effective in January 2022, following the Annual Meeting of Shareholders. Brad Smith, who served as CEO of Intuit from 2008 to 2018, Chairman from 2016 to 2018, and Executive Chairman since January 2019, will step down from that position immediately following the Annual Meeting. Smith intends to stand for re-election as a non-executive director of the company at the Annual Meeting. "I am th
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