Intuit Reports Strong Third Quarter Results and Raises Full Year Guidance

Edward Jones Reiterates Buy Rating on Intuit (INTU)

Edward Jones analyst Logan Purk reiterated a Buy rating on Intuit (NASDAQ: INTU).

The analyst comments "Leader in Tax-Prep and Business Software - Intuit maintains about a 73% market share in tax-filing software and about a 70% share in business-accounting software. With customer retention rates... More

Intuit (INTU) PT Lowered to $727 at Citi

Citi analyst Steven Enders lowered the price target on Intuit (NASDAQ: INTU) to $727.00 (from $744.00) while maintaining a Buy rating.

The analyst comments "INTU reported a solid F3Q24 with upside to every segment leading to a beat of $89M (1.3% vs. 1.2%... More

Intuit (INTU) PT Raised to $705 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on Intuit (NASDAQ: INTU) to $705.00 (from $690.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our price target to $705 (from $690) following INTUs F3Q24 earnings given our conviction that INTU can consistently deliver durable Free Cash Flow margins (F25+... More

Intuit (INTU) PT Raised to $740 at Deutsche Bank

Deutsche Bank analyst Brad Zelnick raised the price target on Intuit (NASDAQ: INTU) to $740.00 (from $700.00) while maintaining a Buy rating.

The analyst comments "F3Q results once again highlight Intuit's diversified and actively managed portfolio as better than expected SB&SE (vs. fears for... More

Intuit (INTU) Tops Q3 EPS by 50c, Updates Guidance

Intuit (NASDAQ: INTU) reported Q3 EPS of $9.88, $0.50 better than the analyst estimate of $9.38. Revenue for the quarter came in at $6.74 billion versus the consensus estimate of $6.65 billion.

GUIDANCE:

Intuit sees FY2024 EPS of $16.79-$16.84, versus the consensus of $16.42. Intuit sees... More