Intuit (NASDAQ:INTU – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 19.160-19.360 for the period, compared to the consensus EPS estimate of 19.320. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.3 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.
Analyst Upgrades and Downgrades
INTU has been the subject of a number of analyst reports. Scotiabank began coverage on Intuit in a report on Monday, November 18th. They issued a “sector perform” rating and a $700.00 price target for the company. BNP Paribas downgraded shares of Intuit from a “neutral” rating to an “underperform” rating and set a $530.00 target price for the company. in a research note on Wednesday, January 15th. Oppenheimer lifted their price target on shares of Intuit from $712.00 to $722.00 and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Morgan Stanley raised their target price on Intuit from $685.00 to $730.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. Finally, Redburn Atlantic initiated coverage on Intuit in a research note on Wednesday, February 19th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and a consensus price target of $726.71.
View Our Latest Report on INTU
Intuit Stock Performance
Intuit (NASDAQ:INTU – Get Free Report) last issued its earnings results on Tuesday, February 25th. The software maker reported $2.07 earnings per share for the quarter, missing analysts’ consensus estimates of $2.58 by ($0.51). Intuit had a return on equity of 18.25% and a net margin of 17.59%. On average, equities research analysts predict that Intuit will post 14.09 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Intuit news, CAO Lauren D. Hotz sold 1,078 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $619.28, for a total value of $667,583.84. Following the sale, the chief accounting officer now directly owns 1,864 shares of the company’s stock, valued at $1,154,337.92. This trade represents a 36.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Laura A. Fennell sold 4,788 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $613.62, for a total value of $2,938,012.56. Following the completion of the sale, the executive vice president now owns 30,010 shares in the company, valued at $18,414,736.20. The trade was a 13.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 218,014 shares of company stock valued at $140,855,687 over the last quarter. Insiders own 2.68% of the company’s stock.
Intuit Company Profile
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.
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