Intuit Inc. (NASDAQ:INTU), the company famous for products like
TurboTax and
QuickBooks, has captured considerable attention from analysts and investors recently, reflecting in rising stock performance. Intuit announced the national winners of the
2025 Intuit Hour of Finance Challenge, spreading a positive light on the company. There's been substantial insider selling, with several EVPs shedding hundreds of thousands of dollars worth in the company's stock. This is balanced with record growth, amplified by a well-performing Q3, causing several investment firms to maintain or raise their ratings.
Mizuho Securities,
Stifel, and
Jefferies have all reaffirmed positive outlooks for the company. The company's continuous
innovation, particularly in AI following a partnership with Google, and strong financial performance with raised outlook have impressed investors. The acquisition of
HR platform GoCo and the launch of new tax services add to Intuit's expanding portfolio. The financial results for the fiscal third-quarter of 2025 beat expectations and were driven by AI and platform initiatives causing the stock to hit a new 52-week high.
Intuit INTU News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 31 May 2025 23:04:43 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 3
