In the closing of the recent trading day, Intuit (INTU) stood at $323.6, denoting a +1.64% move from the preceding trading day.
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Why Intuit Stock Is Back in Focus After Q3 Results Intuit (INTU) is in the spotlight after strong fiscal third quarter results, a 15% year over year revenue gain in Global Business Solutions, and a restructuring that cuts 17% of its workforce to support AI driven plans. See our latest analysis for Intuit. Despite renewed interest after Q3, Intuit’s share price has been volatile, with a 30 day share price return of 18.13% but a year to date share price decline of 49.88%. Over one year, total...
Investing.com -- TD Cowen has downgraded Intuit to Hold from Buy, with the firm’s analyst Jared Levine citing a near-term catalyst path that he sees skewing more negative than positive and limiting a recovery in the shares.
Intuit, Walmart and JPMorgan Chase are using AI behind the scenes to cut costs and boost efficiency, with strong recent earnings and analyst Buy ratings supporting each stock.
A class action lawsuit has been filed against Intuit alleging materially false or misleading statements about its business and growth. The complaint focuses on Intuit's TurboTax segment, including claimed overstatements of tax season performance and business prospects. The suit comes alongside workforce reductions and restructuring moves that have raised questions about the health of the core tax business. For investors watching Intuit, ticker NasdaqGS:INTU, the lawsuit lands at a time when...
Earlier this week, Morgan Stanley started coverage of ServiceNow with an ‘Overweight’ rating.
Investing.com -- Morgan Stanley took a mixed stance on software stocks Tuesday, growing bearish on Adobe and Workday even as it maintained an ’Attractive’ view on the sector overall.
The latest trading day saw Intuit (INTU) settling at $291.06, representing a -1.27% change from its previous close.
IBM just logged its worst single-session collapse in nearly four decades, and the shockwaves are already hitting Microsoft, ServiceNow, and the broader software sector in ways that raise an uncomfortable question about where enterprise spending is actually going.
Intuit stock has fallen sharply over the past year, yet the current valuation checks and recent commentary on its earnings multiples suggest the market may be pricing the company more pessimistically than its fundamentals alone might justify. Over the last 12 months, Intuit shares are down 64.2%, which puts recent price moves firmly at odds with earlier expectations that treated the company as a higher quality compounder. Cost cuts, a fresh US$8b buyback and ongoing dividend payments can...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...
The latest trading day saw Intuit (INTU) settling at $272.14, representing a -1.17% change from its previous close.
Intuit (NasdaqGS:INTU) is under pressure after multiple analyst downgrades tied to its new value-based pricing strategy. Concerns also focus on possible reductions in the company’s long-term growth targets. Investor sentiment appears to be shifting as enterprise spending interest moves toward AI-focused technology providers. Intuit, the software company behind TurboTax and QuickBooks, sits at the center of a broader debate about how legacy software providers adjust pricing and growth...
Intuit announced a major restructuring that will reduce its full-time workforce by 17% as it reshapes its operations. The company is sharpening its focus on AI driven products, supported by new partnerships aimed at bringing more automation into tax, accounting, and marketing tools. This shift comes as Intuit faces rising competitive pressure from emerging AI powered platforms in its core markets. For investors tracking NasdaqGS:INTU, the restructuring comes after a challenging period for...
Investing.com -- Stifel downgraded software company Intuit to "Hold" from "Buy" and slashed its price target to $275 from $375, citing expectations that the company will lower its long-term growth outlook for key businesses as it shifts toward more value-based pricing strategies.
Intuit Inc. (NASDAQ:INTU) is one of the best tech stocks to invest in on the dip. Intuit Inc. (NASDAQ:INTU) holds a Moderate Buy rating from 23 analysts, with an average 12‑month target of $471.36 (65.8% upside), ranging between $276.00 and $875.00. However on June 2, Goldman Sachs analyst Gabriela Borges downgraded Intuit Inc. (NASDAQ:INTU) from […]
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...
In early June 2026, Intuit completed two fixed-rate senior unsecured note offerings totaling about US$1.75 billion, including 4.950% notes due 2031 and 5.500% notes due 2036, while continuing to showcase its Mailchimp Analytics AI product and investor outreach at major conferences. These funding and product moves come as Intuit confronts AI-driven competitive pressures, pricing scrutiny around TurboTax, and a large workforce reduction aimed at boosting efficiency and reinforcing its...
Trade Desk, Intuit, and Lucid Group fell to fresh 52-week lows on Monday due to a combination of operational concerns, negative sentiment, and ongoing market uncertainty.
Multiple law firms have opened investigations into Intuit over potential securities fraud tied to its TurboTax pricing strategy. The probes follow disclosures that Intuit lost market share among more price sensitive TurboTax filers during the 2026 tax season. The investigations increase legal and reputational risk for Intuit at a time of broader business changes and restructuring. For investors watching NasdaqGS:INTU, this legal scrutiny comes after a period of weak share price performance...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...
Investing.com -- Goldman Sachs downgraded Intuit to Sell from Neutral on Tuesday and slashed its 12-month price target to $276 from $519, citing rising competitive threats to the company’s tax business that analysts warn could weigh on future results.
Intuit (NASDAQ:INTU) came under pressure on Tuesday after Goldman Sachs downgraded the stock to Sell from Neutral and sharply reduced its 12-month price target to $276 from $519, citing mounting competitive risks in the tax software market that could weigh on the company’s long-term growth outlook. The brokerage said increasing competition from emerging AI-driven tax preparation platforms may limit Intuit’s ability to sustain current growth expectations and profitability levels.
Intuit Inc. (NASDAQ:INTU) is one of the stocks that could 10x by 2030. On May 26, Mizuho reiterated an Outperform rating on Intuit Inc. (NASDAQ:INTU) but cut the price target to $500 from $600. The significant price target cut is in response to Intuit lowering its annual revenue forecast for TurboTax, its tax filing software. […]
While Intuit has struggled to keep up with the broader S&P 500 Index over the past year, Wall Street analysts remain highly bullish about the stock’s prospects.