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Intuit Inc. ($INTU) Stock Forecast: Up 8.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Intuit Inc.?

Intuit Inc. (INTU) is a financial software company recognized for products like TurboTax and QuickBooks. The stock experienced a significant upward trend today in light of favorable developments and market sentiment.

Why is Intuit Inc. going up?

INTU stock is up 8.1% on May 23, 2025 19:40

  • Intuit's third-quarter financial results exceeded expectations, with revenue reaching $7.75 billion, surpassing analyst projections. This positive outcome likely boosted investor confidence and propelled the stock price upwards.
  • Analysts revised their forecasts for Intuit post the impressive results, reflecting a positive outlook on the company's future performance and growth potential.
  • The bullish momentum surrounding Intuit may also be attributed to the company's raised full-year guidance, indicating a promising trajectory for its business.
  • Despite a general market downturn, Intuit demonstrated notable strength as a top performer, underscoring its resilience and capability to deliver strong outcomes even amid challenging market conditions.

INTU Price Chart

INTU Technical Analysis

INTU News

These Analysts Boost Their Forecasts On Intuit Following Better-Than-Expected Results - Intuit ( NASDAQ:INTU )

Intuit Inc. INTU reported stronger-than-expected third-quarter financial results and raised its full-year guidance on Thursday. Intuit reported third-quarter revenue of $7.75 billion, beating analyst estimates of $7.56 billion, according to Benzinga Pro.

https://www.benzinga.com/25/05/45591006/these-analysts-boost-their-forecasts-on-intuit-following-better-than-expected-results

0 News Article Image These Analysts Boost Their Forecasts On Intuit Following Better-Than-Expected Results - Intuit  ( NASDAQ:INTU )

Intuit Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

INTU's fiscal third-quarter results surpass expectations, reflecting strength in the Consumer Group segment.

https://www.zacks.com/stock/news/2476887/intuit-q3-earnings-surpass-estimates-revenues-increase-yy

1 Missing News Article Image Intuit Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

Frontline, Merus, Intuit And Other Big Stocks Moving Higher On Friday - Cameco ( NYSE:CCJ ) , BWX Technologies ( NYSE:BWXT )

U.S. stocks were lower, with the Dow Jones index falling around 300 points on Friday. Shares of Frontline plc FRO rose during Friday's session following first-quarter results. The company reported revenue of $427.9 million, surpassing the $264.2 million consensus.

https://www.benzinga.com/25/05/45589102/frontline-merus-intuit-and-other-big-stocks-moving-higher-on-friday

2 News Article Image Frontline, Merus, Intuit And Other Big Stocks Moving Higher On Friday - Cameco  ( NYSE:CCJ ) , BWX Technologies  ( NYSE:BWXT )

Why Intuit Shares Are Trading Higher By Over 8%; Here Are 20 Stocks Moving Premarket - 180 Life Sciences ( NASDAQ:ATNF ) , Biodexa Pharmaceuticals ( NASDAQ:BDRX )

Shares of Intuit Inc. INTU rose sharply in today's pre-market after the company reported stronger-than-expected third-quarter financial results and raised its full-year guidance. Intuit reported third-quarter revenue of $7.75 billion, beating analyst estimates of $7.56 billion, according to ...

https://www.benzinga.com/25/05/45582469/why-intuit-shares-are-trading-higher-by-over-8-here-are-20-stocks-moving-premarket

3 News Article Image Why Intuit Shares Are Trading Higher By Over 8%; Here Are 20 Stocks Moving Premarket - 180 Life Sciences  ( NASDAQ:ATNF ) , Biodexa Pharmaceuticals  ( NASDAQ:BDRX )

Intuit, Booz Allen Hamilton And 3 Stocks To Watch Heading Into Friday - Autodesk ( NASDAQ:ADSK ) , Booz Allen Hamilton ( NYSE:BAH )

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Booz Allen Hamilton Holding Corp. BAH to report quarterly earnings at $1.59 per share on revenue of $3.03 billion before the opening bell, ...

https://www.benzinga.com/25/05/45581415/intuit-booz-allen-hamilton-and-3-stocks-to-watch-heading-into-friday

4 News Article Image Intuit, Booz Allen Hamilton And 3 Stocks To Watch Heading Into Friday - Autodesk  ( NASDAQ:ADSK ) , Booz Allen Hamilton  ( NYSE:BAH )

Intuit Inc. Price History

09.03.2025 - INTU Stock was up 6.2%

  • Factors contributing to the bullish movement in INTU stock:
  • INTU outperformed the broader market, showing relative strength despite a slight decrease in stock price.
  • Positive investor reactions to recent company developments, financial performance, or market sentiment towards the software sector.
  • Overall market bullish sentiment driving growth opportunities in the tech industry.
  • The minor stock price decline potentially signaling a temporary correction or profit-taking, but not dampening overall bullish sentiment for the company.

23.04.2025 - INTU Stock was up 7.9%

  • In response to Intuit's third-quarter revenue of $7.75 billion, which exceeded expectations, the company's stock rose by over 8%. Additionally, Intuit raised its full-year guidance.
  • Analysts revised their projections for Intuit upwards after the strong results, demonstrating heightened confidence in the company's prospects.
  • The CEO's mention of a 'breakthrough adoption year' and the substantial growth in TurboTax Live revenue were key contributors to the favorable sentiment surrounding Intuit, fueling the stock's rise.
  • The company's robust financial performance and optimistic outlook have resonated well with investors and analysts, underpinning the overall bullish market movement for Intuit.

21.10.2024 - INTU Stock was up 5.5%

  • A bearish sentiment in the options trading market may have initially caused concern among investors regarding Intuit.
  • Analysts are expecting a slight decrease in earnings per share for Intuit's Q1 compared to the previous year, which could have led to cautious optimism among traders.
  • The potential development of a tax-filing mobile app by the Department of Government Efficiency may have caused a slight dip in Intuit's shares earlier in the week. However, today's positive market sentiment likely overshadowed this setback.
  • Wall Street projections for key metrics of Intuit's Q1 performance might have contributed to the bullish movement, providing investors with insights into the company's potential performance.

21.10.2024 - INTU Stock was up 5.1%

  • Intuit is expected to release its Q1 earnings with analysts forecasting a slight decrease in earnings per share year-over-year. This anticipation of financial performance may be fueling investor optimism and contributing to the bullish movement.
  • The stock initially dropped earlier in the week due to rumors about a potential mobile app by the "Department of Government Efficiency" for tax filing. Subsequent clarifications likely restored investor confidence in Intuit's market position, leading to the bullish trend.
  • The options market sentiment for Intuit displays a mix of bearish and bullish outlooks, with a significant portion of investors favoring bullish trades. This suggests diverse opinions and strategies among investors impacting the stock's overall market movement.

22.10.2024 - INTU Stock was down 5.1%

  • Intuit reported strong Q1 earnings surpassing estimates, with revenues rising year over year, reflecting strength in key business segments.
  • Despite the positive earnings report, Intuit's shares tanked due to a disappointing outlook for the current quarter, leading to a bearish movement in the stock.
  • Analysts noted that while the fiscal results were upbeat, the weak forecast for the upcoming quarter caused concerns among investors, contributing to the stock's decline.
  • The mixed trends beneath the surface, with strong earnings but a weak forecast, likely led to the market's negative reaction towards Intuit's stock today.

23.03.2025 - INTU Stock was up 5.2%

  • Analysts predict a potential 19% rally for the company, possibly contributing to the positive movement in the stock.
  • Positive analyst forecasts have the capacity to attract investors and push up the stock price.
  • References to other companies such as Adverum Biotechnologies and Coinbase Global in the discourse might signal a broader positive outlook in the market, potentially boosting investor confidence in the tech and financial sectors.
  • The price target reduction for Generac Holdings Inc. by Citigroup is separate from the optimistic movement of Intuit and is unlikely to directly impact its stock performance.

19.10.2024 - INTU Stock was down 6.1%

  • The bearish movement in Intuit's stock today could be attributed to the bearish stance taken by whales in the options market, with a significant percentage of investors opening trades with bearish expectations.
  • Wall Street projections for key metrics of Intuit's Q1 might have fallen short of expectations, leading to a negative sentiment among investors.
  • The combination of bearish options market activity and potentially underwhelming Q1 performance projections could have contributed to the strong bearish movement in Intuit's stock today.

23.04.2025 - INTU Stock was up 9.4%

  • INTU shares surged over 8% in pre-market trading due to better-than-expected third-quarter financial results and an increased full-year guidance.
  • The strong performance in the TurboTax Live business during the third quarter led to a significant jump in the stock.
  • Revenue beat, EPS beat, and raised FY guidance demonstrated Intuit's momentum across platforms, attracting investors and driving the bullish movement.
  • Positive sentiment regarding Intuit's performance and outlook likely boosted investor confidence and contributed to the stock's impressive gains today.

23.04.2025 - INTU Stock was up 8.1%

  • Intuit's third-quarter financial results exceeded expectations, with revenue reaching $7.75 billion, surpassing analyst projections. This positive outcome likely boosted investor confidence and propelled the stock price upwards.
  • Analysts revised their forecasts for Intuit post the impressive results, reflecting a positive outlook on the company's future performance and growth potential.
  • The bullish momentum surrounding Intuit may also be attributed to the company's raised full-year guidance, indicating a promising trajectory for its business.
  • Despite a general market downturn, Intuit demonstrated notable strength as a top performer, underscoring its resilience and capability to deliver strong outcomes even amid challenging market conditions.

26.01.2025 - INTU Stock was up 11.2%

  • INTU stock experienced a strong bullish movement today.
  • The bullish trend can be attributed to Intuit's impressive Q2 earnings report, where they beat both earnings and revenue estimates by significant margins.
  • The company's confidence in delivering double-digit revenue growth and expanding margins for the year likely boosted investor sentiment.
  • Analysts revising their forecasts ahead of the earnings call and the anticipation of positive results from Intuit's Online Ecosystem business also contributed to the stock's upward momentum.

26.01.2025 - INTU Stock was up 11.4%

  • INTU stock had a strong bullish movement.
  • Positive Q2 earnings report surpassing revenue and earnings estimates influenced the bullish sentiment.
  • Analysts' upgraded price forecasts and confidence in double-digit revenue growth and margin expansion for the year further elevated investor optimism.
  • Emphasis on AI-driven growth, particularly with TurboTax and Credit Karma, highlighted the company's strategic focus and growth potential, attracting investor interest in the stock.

26.01.2025 - INTU Stock was up 11.7%

  • Strong bullish movement for Intuit today is influenced by various factors:
  • Analyst upgrades and raised price forecasts demonstrate increasing confidence in the company's performance and future potential.
  • Outperforming earnings and revenue expectations in the second quarter indicates the company's robust financial health and efficient operations.
  • Emphasizing AI-driven growth through products like TurboTax and Credit Karma showcases Intuit's innovation and ability to adapt to market changes, bolstering investor confidence.
  • Overall, Intuit's positive market performance today reflects a mix of solid financial results, strategic growth endeavors, and positive analyst feedback.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.