Intuit Inc. (INTU) recently revealed a
mixed stream of updates, drawing disparate views from analysts and investors. The American financial software company endured criticism from Jim Cramer, questioning the effectiveness of the firm's business model.
DRW Securities also cut its stake in the company. Despite criticism, Royal Bank of Canada rated INTU as
Outperform, with an EPS beating expectations for the full fiscal year of 2025. The company has posted strong numbers for the fourth quarter of 2025, with growth targets set for the next fiscal year. Pricing concerns did not deter KeyBanc from maintaining a positive bias. It announced
AI-driven lay-offs to drive efficiency, expecting massive growth due to its introduction of innovative
AI agents. Astonishingly, Intuit's stock suffered a plunge despite a positive earnings report, strong guidance, and further expansion of its buyback plan.
Morgan Stanley reaffirmed its 'Buy' rating on INTU due to the company's strong earnings outlook. However, Intuit's weak outlook post acquiring Mailchimp and weak TurboTax results caused a dip in its stock. The company is planning to reveal its strategy for
TurboTax and Credit Karma during the Annual Investor Day on Sep 18.
Intuit INTU News Analytics from Thu, 22 May 2025 07:00:00 GMT to Sat, 06 Sep 2025 20:56:21 GMT -
Rating 4
- Innovation 2
- Information 5
- Rumor -5
