
Intuit (INTU) Stock Forecast & Price Target
Intuit (INTU) Analyst Ratings
Bulls say
Intuit has demonstrated robust financial performance, highlighted by an 18% year-over-year increase in online payment volume and a notable 22% growth in QuickBooks Online Accounting revenue. The company's consistent revenue growth projections across its segments, including a 16%-17% expected increase for its Global Business Solutions Group, suggest a stable trajectory moving forward. Additionally, the strong results across key product segments have led to significant shareholder value, as evidenced by a 6% post-earnings share price increase.
Bears say
Intuit's reliance on its established product lines, such as TurboTax and QuickBooks, faces potential challenges, as forecasts indicate a possible 5% underperformance in top-line growth, which could lead to significant valuation multiple compression. Despite recent enhancements, such as the introduction of IntuitAssist leading to reduced support costs, the company must navigate a competitive landscape and changing market dynamics. The maintenance of FY25 guidance amidst a mixed quarterly performance raises concerns about sustainability and demand for Intuit's core offerings.
This aggregate rating is based on analysts' research of Intuit and is not a guaranteed prediction by Public.com or investment advice.
Intuit (INTU) Analyst Forecast & Price Prediction
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