FMP
May 19, 2025(Last modified: May 20, 2025)
Intuit Inc. (NASDAQ:INTU) is a leading financial software company known for its popular products like TurboTax, QuickBooks, and Mint. These tools help individuals and businesses manage their finances efficiently. Intuit operates in a competitive market, with rivals such as H&R Block and Sage Group. Despite the competition, Intuit maintains a strong market presence.
On May 19, 2025, Goldman Sachs reaffirmed its "Buy" rating for Intuit, with the stock priced at $672.87. This endorsement reflects confidence in Intuit's financial health and growth prospects. The stock's current price is $670.86, showing a slight increase of 0.086% or $0.58, with a daily range between $663.20 and $675.
Intuit is set to release its quarterly earnings report, with expectations of earnings per share (EPS) reaching $10.89. This marks a 10.2% increase from the same period last year. Analysts forecast revenues of $7.54 billion, representing a 12% year-over-year growth. These figures highlight Intuit's strong financial performance and growth trajectory.
The stability in earnings projections is crucial, as changes in these estimates can significantly influence investor reactions and short-term stock price movements. Notably, there have been no revisions in the consensus EPS estimate for the quarter over the past 30 days, indicating a stable outlook from analysts. This stability underscores the importance of these projections in the financial community.
Intuit's market capitalization stands at approximately $187.55 billion, reflecting its significant presence in the financial software industry. The stock has fluctuated over the past year, with a high of $714.78 and a low of $532.65. The trading volume for the day is 1,250,549 shares on the NASDAQ exchange, indicating active investor interest.
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