Intuit (NASDAQ:INTU – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Thursday morning. 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 Analyst Weigh In
A number of equities research analysts have recently commented on INTU shares. Piper Sandler cut their price objective on Intuit from $768.00 to $765.00 and set an “overweight” rating for the company in a research report on Friday. Stifel Nicolaus reduced their target price on Intuit from $795.00 to $725.00 and set a “buy” rating for the company in a report on Friday. Oppenheimer lifted their price target on Intuit from $712.00 to $722.00 and gave the stock an “outperform” rating in a research note on Friday. Bank of America upped their price objective on shares of Intuit from $730.00 to $780.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Finally, StockNews.com downgraded shares of Intuit from a “buy” rating to a “hold” rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $737.44.
View Our Latest Stock Report on INTU
Intuit Stock Down 5.7 %
Intuit (NASDAQ:INTU – Get Free Report) last posted its earnings results on Thursday, November 21st. The software maker reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.14. Intuit had a net margin of 17.59% and a return on equity of 18.28%. The firm had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the company earned $1.14 earnings per share. The company’s revenue was up 10.2% compared to the same quarter last year. On average, equities research analysts expect that Intuit will post 14.05 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Intuit news, Director Eve B. Burton sold 2,988 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $649.87, for a total transaction of $1,941,811.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 775 shares of Intuit stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $601.31, for a total transaction of $466,015.25. Following the completion of the transaction, the chief financial officer now directly owns 4,451 shares in the company, valued at approximately $2,676,430.81. This represents a 14.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,297 shares of company stock valued at $35,220,046 over the last three months. 2.90% of the stock is currently owned by insiders.
Intuit Company Profile
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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