Latest news with #IntuitInc
Yahoo
7 hours ago
- Business
- Yahoo
Intuit Inc. (INTU): A Bull Case Theory
We came across a bullish thesis on Intuit Inc. (INTU) on Librarian Capital's Substack. In this article, we will summarize the bulls' thesis on INTU. Intuit Inc. (INTU)'s share was trading at $757.22 as of 29th May. INTU's trailing and forward P/E were 61.81 and 33.78 respectively according to Yahoo Finance. A computer programmer working on a holographic digital twin technology software solution. Intuit continues to demonstrate strong operating momentum, reaffirming its position as a high-quality compounder delivering double-digit revenue and earnings growth. In its Q3 FY25 results, released May 22, the company reported accelerating growth across key platforms, particularly TurboTax and Credit Karma, underscoring management's effective execution and diversification. Non-GAAP EPS growth is projected to reach 19% for FY25, with higher-value segments more than offsetting commoditization in legacy offerings. Despite these positive trends, valuation remains the central risk: at $754.45, shares trade at roughly 44x FY25 Non-GAAP EPS and a steep ~100x FY24 free cash flow, once adjusted for share-based compensation. This reflects a current IRR in the high single digits (~7%), though longer-term returns are expected to gravitate toward mid-teens as growth compounds and valuation multiples potentially compress. The market has responded positively, sending shares up over 14% since earnings and 25.7% in the past year. Notably, Fundsmith, a prominent quality-focused U.K. investment firm managing over £20 billion, recently re-initiated a small position in Intuit, after exiting in late 2022, highlighting renewed institutional confidence. While the author maintains a Buy rating, as they have since 2019, they now frame the stock as best suited for long-term investors with a defensive tilt, given elevated multiples. Importantly, the author holds shares personally but has refrained from selling, partly due to large unrealized capital gains. With strong core business momentum, promising segment growth, and disciplined capital allocation, Intuit remains an attractive, albeit richly priced, investment that rewards patient shareholders focused on quality and compounding. Previously, we have covered Intuit Inc. (INTU) before their earnings release wherein we summarized a by Quality Equities on Substack. The author highlighted the company's strong recurring revenue model, high-margin SaaS business, and dominant platforms like TurboTax and QuickBooks. The piece emphasized Intuit's pricing power, strategic expansion into AI and fintech, and projected 20%+ earnings CAGR, positioning it as a rare long-term compounder despite a premium valuation. Since our previous coverage, the stock is up 15.3% as of 29th May. Intuit Inc. (INTU) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 87 hedge fund portfolios held INTU at the end of the first quarter which was 89 in the previous quarter. While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
3 days ago
- Business
- Business Wire
Intuit Executive Marianna Tessel to Present at the Mizuho Technology Conference
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Marianna Tessel, executive vice president and general manager of Intuit's Small Business Group, will present at the Mizuho Technology Conference on Tuesday, June 10 in New York, NY. The fireside chat will begin at 11:50 a.m. Pacific Time (2:50 p.m. Eastern Time) and will be available live via audio webcast on Intuit's investor relations website at A replay of the webcast will be available approximately 24 hours after the presentation ends. 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.
Business Wire
3 days ago
- Business
- Business Wire
Intuit CEO Sasan Goodarzi to Present at the Nasdaq Investor Conference in Partnership with Jefferies
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Sasan Goodarzi, chief executive officer, will present at the Nasdaq Investor Conference in Partnership with Jefferies on Tuesday, June 10, 2025 in London. The fireside chat will begin at 5:00 a.m. Pacific Time (1:00 p.m. Greenwich Time) and will be available live via audio webcast on Intuit's investor relations website at A replay of the webcast will be available approximately 24 hours after the presentation ends. 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.
National Post
4 days ago
- Business
- National Post
Intuit Supercharges GenOS for Delivery of Done-for-You Agentic AI Experiences to ~100 Million Consumers, Businesses
Article content MOUNTAIN VIEW, Calif. — Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has supercharged its proprietary Generative AI Operating System (GenOS) with major enhancements to drive development velocity at scale across the company's platform. This will accelerate Intuit's ability to deliver done-for-you agentic AI experiences for its connected products and services—with a seamless path to trusted live human experts—to solve its customers' most important financial problems and drive durable growth. Article content Intuit's investments in a robust GenOS over the past three years have enabled the company to fuel innovation with unparalleled speed for its approximately 100 million consumer and small and mid-market business customers—not only keeping pace with rapid technological industry advances but setting the pace —by melding the best of artificial intelligence and human intelligence on its platform. Article content For example, agentic AI built with GenOS is doing the hard work on behalf of business owners by automatically processing accounts receivable and accounts payable with QuickBooks Online. AI agents have also been deployed to automate conversion of U.S. and state tax code updates into TurboTax for tax year 2025. The latest tax laws for individual and business filers will then be reviewed by Intuit developers and human experts (tax and bookkeeping) in preparation for the upcoming tax season in 2026. Article content Major enhancements to GenOS are powering end-to-end AI agent development, enabling thousands of Intuit technologists to responsibly design, build, and deploy game-changing agentic AI experiences using the company's proprietary foundational large language models and industry-leading commercial large language models (LLMs). Article content 'With this major agentic AI release of our proprietary GenOS, we're supercharging the power of data, AI, and human intelligence on our platform to fuel consumer and business success through transformative done-for-you experiences,' said Alex Balazs, Executive Vice President and Chief Technology Officer at Intuit. 'Over the past six months, our foundational platform assets and robust operating system have given us a tremendous advantage at this agentic AI moment—for Intuit developers and customers alike.' Article content Among the enhancements to GenOS is a comprehensive Agent Starter Kit with starter code, out-of-the box integrations for agent orchestration, memory, LLMs, tools, and a reference implementation to streamline development of powerful agents by combining advanced LLMs with Intuit's rich data, AI, and domain platform capabilities. This includes: Article content A revolutionary capability to optimize and translate prompts across LLMs, which allows developers to create the best prompts to drive customer benefits. New planning, reasoning, and execution services, which enable agents to solve complex tax, personal finance, accounting, and marketing problems on behalf of customers. Soon, these benefits will come to life for Intuit small and mid-market business customers with the introduction of AI agents to simplify the day-to-day tasks of running and growing a business. A new set of capabilities to integrate with AI-powered forecasting and recommendation systems, which will give state-of-the-art prediction capabilities to agents to serve millions of consumers and businesses with agentic AI experiences. Article content Soon, Intuit will be rolling out AI agents built with GenOS, including customer, payments, finance, project management, and accounting agents to help make it easier and faster to run small and mid-market businesses. Designed to solve challenges before they arise, the AI agents will provide predictive insights, take smart action on customers' behalf, and seamlessly connect them to AI-enabled human experts, with the customer always in control. Article content 'Intuit is at the forefront of the agentic AI era, integrating GenOS with AWS native services to accelerate delivery of customer benefits,' said Swami Sivasubramanian, Vice President of Agentic AI at AWS. 'At AWS, we believe agentic AI will change how organizations operate and collaborate across industries. Together, we are committed to delivering tangible business value through enhanced workplace productivity and continued innovation.' Article content During Intuit's weeklong Global Engineering Days hack-a-thon this spring, more than 900 Intuit technologists downloaded the GenOS Agent Starter Kit to jumpstart agentic AI development, and more than 100 teams showcased agentic AI projects in demos at the end of the week. Within 5 weeks of introducing the kit to Intuit developers, they built hundreds of AI agents for potential use across dozens of customer use cases. Article content GenOS Workbench – A dedicated development environment for end-to-end application development that's been enhanced for agentic AI, including: GenStudio – A sandbox for developers to experiment with LLMs via access to an extensible catalog of proprietary foundational Intuit LLMs and commercial LLMs. With this release of GenOS, Intuit has added Amazon Nova via AWS Bedrock. In a rapidly evolving market, Intuit can quickly add new and updated LLMs to GenStudio in just days. Agent Starter Kit – A ready-to-use set of tools that helps developers quickly build AI agents. It includes key components, such as AI and data features, ways to test and improve the agents, and tools to optimize how the agents communicate. It also uses standard AI for tasks that make predictions and recommendations, instead of relying solely on advanced LLMs. Evaluation Service – An automated tool for evaluating LLM and AI applications using a wide range of metrics to help product teams experiment, develop, optimize, deploy, and assess user experiences. With this release of GenOS, product teams also have access to manual tools for evaluating agent performance (quality, latency, cost). These evaluation services are integrated into existing workflows so developers with any level of proficiency can build delightful customer experiences. Prompt Optimization and Translation – An automated service to maximize performance of the overall system, taking into account all aspects of the prompt, including the system prompt, tool descriptions and intermediate representations used by tools; and to adapt prompts via prompt translation to work across different models or environments. GenRuntime – An intelligent layer that combines LLMs with the right data, along with knowledge, and domain capabilities to ground off-the-shelf LLMs. GenRuntime includes new capabilities to enable agents via autonomous planning, reasoning, and execution to tackle complex business workflows. An advanced capability of GenRuntime is an intelligent data cognition layer that is able to take complex data requests from LLMs and automatically map them to underlying data. GenRuntime also includes built-in functionality to automatically tap into underlying AI capabilities—such as forecasting and recommendation systems—to supplement LLMs. GenSRF (security, risk and fraud) – Intuit continues to enhance GenRuntime to guide responsible development of AI with GenSRF, including built-in guardrails against threats like prompt injection and data leakage, while enhancing content safety. Intuit technologists are working to expand GenSRF to include agentic workflows and create new controls to address the specific risks associated with AI agents. GenUX – A user experience (UX) framework with 150+ UX components, widgets, and patterns that designers and front-end developers can use to build consistent and intuitive agentic AI experiences. The UX library is continuously updated with new elements for agentic AI experiences, including up-to-date paradigms for conversations, command bar-based mechanisms, etc. GenUX includes built-in LLM connections, end-user feedback mechanisms, and flexible rendering for seamless experiences across desktop and mobile devices. Article content Intuit's robust data and AI capabilities are foundational to the company's success as an industry leader in the financial technology sector for consumers and businesses. Its end-to-end approach maximizes customer value with a single, unified data architecture. The company has 580,000 customer and financial attributes per small business, as well as 60,000 tax and financial attributes per consumer, and generates 60 billion machine learning predictions per day. With this robust data set, Intuit is delivering personalized AI-driven experiences to approximately 100 million customers, with speed at scale. Article content A strong commitment to responsible AI and data stewardship Article content Intuit's AI-driven expert platform and products are built in keeping with the company's commitment to data privacy, security, and responsible AI governance. Intuit safeguards customer data and protects privacy using industry-leading technology and practices. The company adheres to responsible AI principles that guide how it operates and scales its AI-driven expert platform with its customers' best interests in mind. Intuit is also a member of the U.S. Artificial Intelligence Safety Institute Consortium, established by the National Institute of Standards and Technology ( NIST). Article content About Intuit Article content This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice. Article content Article content Article content Article content Article content Article content
Yahoo
24-05-2025
- Business
- Yahoo
BMO Capital Maintains Outperform Rating on Intuit (INTU) After Q3 Report
On May 23, BMO Capital lifted the price target on Intuit Inc. (NASDAQ:INTU) stock from $714 to $820, keeping its Outperform rating on the shares. Daniel Jester from BMO Capital raised INTU's price target after the company delivered strong Q3 2025 results and increased its FY2025 guidance. Intuit Inc. (NASDAQ:INTU) posted a 15% revenue growth year-over-year, achieving a total revenue of around $7.8 billion, exceeding estimates by $192 million. Driven by strong performance across its platforms, the company experienced 47% revenue growth in the TurboTax Live business and a 31% rise in the Credit Karma business. The robust growth across the Karma business was driven by an increase in credit cards, personal loans, and auto insurance. A professional tax preparer, using a laptop to complete an income tax return. Intuit Inc. has raised its guidance for all its company metrics, including revenue, operating income, operating margin, and earnings for FY2025. The company now expects a 15% revenue growth this year from the previous guidance of 12-13%. Jester remains optimistic about INTU after the guidance upgrade and believes that the consumer segment growth is trending towards 10% this year, driven by Intuit's TurboTax Live. Intuit Inc. (NASDAQ:INTU) is a leading financial technology firm that offers financial management, compliance, and marketing products and services to consumers and small and mid-market businesses. It operates through four segments, including Credit Karma, Consumer, Small Business & Self-Employed, and ProTax. While we acknowledge the potential of INTU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTU and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
