Popular financial software company and TurboTax parent, Intuit has attracted significant market attention. The company has experienced price adjustments from Morgan Stanley and Scotiabank, with the general consensus pointing to solid growth prospects. Despite fluctuations in the broader market, Intuit's stock has managed to maintain an upward trajectory. Financial institutions, including Canada Life Assurance and Rockefeller Capital Management, increased their holdings in Intuit, signalling their confidence in its growth prospects.
Intuit is expected to deliver top-notch Q1 2025 earnings and has successfully rolled out features like 'Tap to Pay' on iPhone for QuickBooks users. Additionally, it has expanded its partnership with ecommerce giant, Amazon. GameStop's recent embrace of Bitcoin has spurred Strive's CEO to encourage a similar move by Intuit. Moreover, Intuit's Tax Season success combined with the potential termination of the IRS Direct File Program could boost Intuit's performance. Meanwhile, Intuit's unveiling of AI-powered 'Intuit Assist' for QuickBooks may provide small businesses a competitive edge, adding to the company's growth narrative.
Intuit INTU News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 19 Apr 2025 12:22:02 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor 6
