Latest news with #IntuitInc
Business Wire
31-07-2025
- Business
- Business Wire
Intuit to Announce Fourth-Quarter and Full-Year Fiscal 2025 Results on Aug. 21; Investor Day Set for Sep. 18
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its fourth-quarter and full-year financial results for fiscal year 2025 on August 21, following the close of market. The company's fourth quarter ends on July 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on August 21. The conference call can be heard live at Prepared remarks for the call will be available on Intuit's website after the call ends. Replay Information A replay of the conference call will be available for one week by calling 800-839-2383, or 402-220-7202 from international locations. There is no passcode required. The audio call will remain available on Intuit's website for one week after the conference call. Annual Investor Day Intuit will host its annual Investor Day on Sep. 18 at 8:00 a.m. Pacific time, at its headquarters in Mountain View, CA and can be viewed live at The half-day event will include presentations from Sasan Goodarzi, chief executive officer, Sandeep Aujla, chief financial officer, and other leaders. About Intuit Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on social for the latest information about Intuit and our products and services.
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Enterprise Suite and Agentic AI: Can Intuit Win Mid-Market?
Intuit Inc. INTU unveiled its newest agentic AI enhancements for Intuit Enterprise Suite this week. The update introduces four AI agents — Finance, Payments, Accounting, Project Management — that proactively automate tedious workflows, such as cash flow forecasting, invoice reminders, transaction categorization and consolidation. These agents operate as 'intelligent business partners,' with Intuit reporting that 78% of users find operations easier and 68% gain more time for growth. The platform's integration of GenOS, the company's generative AI operating system, has been optimized for 'done for you' experiences across its 100???million user base. Enterprise enhancements now include multi entity financial views, AI powered KPI scorecards, three way cash flow forecasting and consolidated dashboards, all aimed at scaling mid market businesses with ERP grade intelligence. From a productivity standpoint, the new agent suite could save finance teams decent hours per month by automating tasks. The combination of seamless data flow, AI-enabled human experts and platform wide insights is positioned to help Intuit capture a larger share of mid market ERP spend. This move places Intuit squarely within the emerging agentic AI trend, riding a wave highlighted by Forrester as a key 2025 technology. Moreover, a key pillar of Intuit's future growth lies in the mid-market. This segment, defined as businesses generating between $2.5 million and $100 million annually, represents an $89 billion total addressable market opportunity. Intuit is aggressively capturing this market with its Enterprise Suite, which combines multi-entity accounting, payroll, marketing (via Mailchimp) and financial insights in a single, scalable solution. AI-Powered Transformation at Oracle and Paychex Oracle ORCL is integrating generative AI across its Fusion Cloud Applications, spanning HR, finance and supply-chain operations. These AI-driven assistants from Oracle enhance workflow efficiency, provide real-time insights and optimize business planning, helping enterprises make quicker, data-informed decisions. Oracle also committed $3 billion over five years to expand its AI and cloud infrastructure in Germany and the Netherlands. Oracle Cloud Infrastructure Generative AI Agents let enterprises quickly adopt agentic AI by combining LLMs and enterprise data for autonomous insights via natural-language prompts. Paychex PAYX is enhancing its HR and payroll solutions by incorporating advanced AI capabilities throughout its platforms. Recently, Paychex introduced an AI-driven sales technology stack and a market intelligence tool. These tools from Paychex are designed to boost sales team efficiency, improve lead targeting and streamline overall sales operations. INTU's Price Performance, Valuation and Estimates Shares of Intuit have rallied 22.0% year to date, outperforming both the broader industry as well as the S&P 500 composite. From a valuation standpoint, Intuit shares are expensive, as suggested by the Value Score of F. In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 10.24X, which is at a premium to the industry average of 8.95X. Image Source: Zacks Investment Research Intuit's estimate revisions reflect a positive trend. The Zacks Consensus Estimate for fiscal 2025 and 2026 EPS has been revised upward over the past two months. The Zacks Consensus Estimate for fiscal 2025 EPS suggests 18.4% growth year over year, while the same for fiscal 2026 calls for 13.7% growth year over year. Currently, Intuit carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report
Yahoo
11-07-2025
- Business
- Yahoo
Intuit & 2 Other Profitable Stocks to Buy for 2H25
Investors should seek companies that provide strong returns after covering all operating and non-operating expenses. Therefore, it's wise to invest in a profitable company rather than one that is losing money. Here, we use the concept of accounting ratios to assess a company's profitability. Among the various profitability ratios, we select the most effective and commonly used metric to evaluate a firm's bottom-line performance. To that end, Intuit Inc. INTU, Dave Inc. DAVE and Nova Ltd. NVMI have been selected as top picks for the second half of the year due to their high net income ratios. The net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a firm's effectiveness in meeting operating and non-operating expenses from revenues. A higher net income ratio usually implies a company's ability to generate ample revenues and successfully manage all business functions. The net income ratio is not the only indicator of future winners. So, we have added a few more criteria to arrive at a winning strategy. Zacks Rank Equal to #1: Whether the market is good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here. Trailing 12-Month Sales and Net Income Growth Higher than X Industry: Stocks that have witnessed higher-than-industry sales and net income growth in the past 12 months are positioned to perform well. Trailing 12-Month Net Income Ratio Higher than X Industry: A high net income ratio indicates a company's solid profitability. Percentage Rating Strong Buy greater than 70: This indicates that 70% of the current broker recommendations for the stock are Strong Buy. These few parameters have narrowed the universe of more than 7,685 stocks to only 11. Here are three of the 11 stocks that qualified for the screening: Intuit offers a range of products and services related to financial management, compliance, and marketing within the United States. The 12-month net profit margin of INTU is 19.1%. Dave offers a range of financial products and services via its financial services platform in the United States. The 12-month net profit margin of DAVE is 13.8%. Nova is involved in the design, development, production and sale of process control systems used in the semiconductor manufacturing industry. Their operations extend across various countries, including Israel, Taiwan, the United States, China, Korea, and other international locations. The 12-month net profit margin of NVMI is 28.5%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report Dave Inc. (DAVE) : Free Stock Analysis Report Nova Ltd. (NVMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
07-07-2025
- Business
- Yahoo
Mizuho Keeps Outperform Rating on Intuit (INTU) After AI Agents Launch
Intuit Inc. (NASDAQ:INTU) is one of the 11 Best Fintech Stocks to Buy Right Now. On July 1, Mizuho reiterated an 'Outperform' rating for Intuit Inc. (NASDAQ:INTU) with a price target of $875. This decision came after the company announced its new AI agents across its product lineup. The rollout of AI agents came along with new web and mobile interfaces and Customer Hub deployment to 'a range of QuickBooks Online products and customers in the US.' A professional tax preparer, using a laptop to complete an income tax return. Initially, the AI agents will be rolled out for Payments, Accounting, Finance and Customer. Over the coming months, Intuit Inc. (NASDAQ:INTU) plans to release additional agents for Marketing, Payroll, and Project Management. Mizuho pointed out that these AI capabilities are being integrated into multiple QuickBooks Online tiers and SKUs. This integration could encourage customers to upgrade to higher-priced offerings and potentially lead to a shift in product mix. The research firm believes that these AI agents represent 'a necessary evolution to simplify small business operations and reduce costs.' Mizuho analysts expect Intuit Inc. (NASDAQ:INTU) to launch standalone AI SKUs as the adoption rate rises. This could create new monetization opportunities for the company and improve platform retention. Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology company that offers a wide range of products and services. These include TurboTax for tax preparation, QuickBooks for small business accounting, Credit Karma for credit monitoring and personal finance, and Mailchimp for email marketing. While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
Associated Press
02-07-2025
- Business
- Associated Press
Software Engineer Wendi Cui Drives Industry Innovation with Technologies and Global Peer Recognitions
NEW YORK - In today's era of information explosion, efficient and accurate information retrieval is of vital importance to the development of various fields. As a key technological underpinning for achieving this goal, the research and development level of intelligent information retrieval(IR) systems directly affects the efficiency and quality of information acquisition. Wendi Cui, an expert in the field of intelligent information retrieval system R&D, has long been committed to technological research and innovation in this area. With his outstanding professional competence and rich practical experience, he has made remarkable achievements in the industry and made significant contributions to advancing the development of intelligent IR systems. Technological Breakthroughs: Unlocking New Dimensions in Intelligent Information Retrieval Since graduating from Carnegie Mellon University's Artificial Intelligence and Innovation major in 2020, Wendi Cui has dedicated himself to the research and development of IR systems. With solid expertise and unremitting efforts, he has made remarkable technological innovations. During his tenure at Intuit Inc., Wendi Cui focuses his in-depth research on the core direction of search engines, particularly performance evaluation and machine learning algorithms for topic modeling, to ensure the efficient and stable operation of search engines as well as the accuracy and relevance of search results. Through continuous exploration and innovation, he achieves a remarkable 53% improvement in search engine performance. This achievement not only significantly enhances the efficiency with which users obtain information but also lays a solid foundation for the widespread application of IR systems in practical scenarios. In his breakthrough work, Wendi Cui, utilizing his exceptional scientific research skills and innovative mindset, successfully developed two highly valuable patents. One is 'Boosted Latent Dirichlet Allocation With Predefined Topic Clusters and Repelling Force,' which innovatively improves topic modeling algorithms. By adding pre-defined topic clusters and a repelling force mechanism, it boosts the accuracy and efficiency of topic modeling, helping search engines better grasp user query intentions and deliver more relevant results. The other, 'Managing Search Engines Based On Search Perform Metrics,' focuses on search engine performance evaluation and management. It presents a scientific, comprehensive performance evaluation system and management strategy. This enables real-time monitoring and analysis of search engine operations, quick identification and resolution of potential problems, ensuring efficient and stable search engine performance. These two patents not only showcase Wendi Cui's personal scientific research accomplishments but also invigorate technological development in the intelligent information retrieval system field, advancing it in performance optimization and algorithm innovation. In addition to patented technologies, Wendi Cui holds several software copyrights. The Natural Language Interaction Chatbot System features multi-level user management for differentiated services based on permissions, interactive data analysis to uncover users' potential needs and support decision-making, and content review and categorization to ensure information compliance. Through optimizations like caching and load balancing, it integrates device management, data exchange directories, and service cataloging, making it adaptable to scenarios such as e-commerce customer service and intelligent Q&A. The Multimodal Search Engine Core Technology System is designed to fulfill the demand for multimodal search, combining NLP, speech/image recognition, message queue, and SOA service bus technologies. It supports mixed searches of text, voice, and images, efficiently processes data via distributed architecture, and visualizes analysis results. With role-based permission management for data security and performance-enhancing features like caching and load balancing, it outperforms similar products in search accuracy and data processing efficiency. Industry Accolades: Authoritative Recognition Establishes a Professional Benchmark Wendi Cui's innovative endeavors haven't gone unseen. His burgeoning reputation within the IR community has propelled him into peer-reviewer positions at some of the most highly-competitive conferences in the field. Wendi Cui has taken on the role of a reviewer for numerous papers across various prestigious platforms, including the ACL, EMNLP, NeurIPS and ICML. These events are renowned for steering the global discourse in areas such as natural language processing, machine learning safety, and generative AI evaluation. Wendi Cui provides insightful and professional comments on the papers he reviews. His feedback not only helps authors refine their research but also plays a significant role in driving forward the development of the AI field, particularly in the area of intelligent information retrieval system research and development. By offering constructive suggestions and highlighting key challenges and opportunities, he contributes to the continuous improvement and innovation within this vital sector. Due to his extensive professional experience and innovative capabilities, Wendi Cui has been admitted as a member of both the Association for the Advancement of Artificial Intelligence (AAAI) and the Association for Computing Machinery (ACM). With his technological prowess and global peer recognition, Wendi Cui stands as a beacon of innovation in the intelligent information retrieval field, poised to keep shaping the future of AI-driven information access. (Written by Terry Cruz) Media Contact Company Name: Intuit Inc. Contact Person: Wendi Cui Email: Send Email Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: Software Engineer Wendi Cui Drives Industry Innovation with Technologies and Global Peer Recognitions
