Street View: Intuit gets street love on growth and innovation
Intuit INTU.O forecast Q4 revenue and profit above Wall St estimates on Thursday, signaling growing demand for its AI-driven financial management tools
TAX HACKS TO TECH STACKS
J.P.Morgan ("overweight," PT: $770) cites strong long-term potential for co driven by upmarket growth, AI integration and solid TurboTax (tax preparation software) performance
Barclays ("overweight," PT: $815) is bullish on co, citing strong growth in tax segment, Credit Karma, and QuickBooks, with AI innovations expected to drive further upside
"We see investors revisiting the Intuit story" - Barclays
Susquehanna ("positive," PT: $819) is bullish on co due to strong growth in its online services segment, especially rapidly expanding payments business central to their investment case
Jefferies ("buy," PT: $850) views co positively, citing strong momentum in TurboTax Live and sustained hypergrowth in its mid-market offerings as key drivers of confidence in co’s strategic execution
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