Intuit (NASDAQ:INTU – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.550-2.610 for the period, compared to the consensus 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.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on INTU. Barclays lifted their target price on shares of Intuit from $740.00 to $800.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Scotiabank started coverage on shares of Intuit in a research note on Monday. They set a “sector perform” rating and a $700.00 price objective for the company. Susquehanna reissued a “positive” rating and issued a $757.00 target price on shares of Intuit in a research note on Friday, August 16th. Jefferies Financial Group upped their price target on Intuit from $770.00 to $790.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Finally, Morgan Stanley downgraded Intuit from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $750.00 to $685.00 in a research report on Wednesday, August 14th. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus target price of $737.06.
Get Our Latest Research Report on INTU
Intuit Trading Up 4.3 %
Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Thursday, November 21st. The software maker reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.14. The company had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.14 billion. Intuit had a return on equity of 18.64% and a net margin of 18.19%. Intuit’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 EPS. On average, equities research analysts predict that Intuit will post 14.05 EPS for the current fiscal year.
Insiders Place Their Bets
In other Intuit news, EVP Laura A. Fennell sold 30,159 shares of Intuit stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $642.36, for a total transaction of $19,372,935.24. Following the completion of the sale, the executive vice president now directly owns 52,038 shares of the company’s stock, valued at $33,427,129.68. The trade was a 36.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sandeep Aujla sold 4,000 shares of Intuit stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $617.28, for a total transaction of $2,469,120.00. Following the sale, the chief financial officer now owns 452 shares in the company, valued at $279,010.56. This represents a 89.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,297 shares of company stock worth $35,220,046 in the last ninety days. 2.90% of the stock is owned by corporate 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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