Intuit (NASDAQ:INTU – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.550-2.610 for the period, compared to the consensus EPS estimate of 3.250. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.9 billion. Intuit also updated its FY25 guidance to $19.16-19.36 EPS.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Scotiabank started coverage on Intuit in a research report on Monday. They set a “sector perform” rating and a $700.00 target price on the stock. Piper Sandler reiterated an “overweight” rating and set a $768.00 price objective on shares of Intuit in a research note on Friday, September 27th. Bank of America increased their target price on shares of Intuit from $730.00 to $780.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Barclays lifted their price target on shares of Intuit from $740.00 to $800.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Intuit from $585.00 to $600.00 and gave the stock a “neutral” rating in a research note on Friday, August 23rd. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $737.06.
Read Our Latest Research Report on Intuit
Intuit Trading Up 4.3 %
Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The software maker reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.14. The firm had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.14 billion. Intuit had a return on equity of 18.64% and a net margin of 18.19%. Intuit’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $1.14 EPS. On average, analysts anticipate that Intuit will post 14.05 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Intuit news, CFO Sandeep Aujla sold 862 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $621.03, for a total transaction of $535,327.86. Following the completion of the sale, the chief financial officer now owns 3,840 shares in the company, valued at $2,384,755.20. This represents a 18.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Scott D. Cook sold 2,461 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $637.19, for a total value of $1,568,124.59. Following the sale, the insider now owns 6,453,105 shares of the company’s stock, valued at $4,111,853,974.95. This trade represents a 0.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 55,297 shares of company stock worth $35,220,046. 2.90% of the stock is currently owned by company insiders.
About Intuit
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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