Intuit gains on strong forecasts, PT raises

ReutersMay 23, 2025 10:24 AM

Shares of TurboTax-maker Intuit INTU.O rise 8.3% to $721.07 premarket

At least 13 brokerages raise PT on INTU after co raises FY25 outlook and forecasts strong Q4 revenue, profit

Average rating of 32 brokerages covering INTU is "buy" and median PT now at $726 vs $720 last month - data compiled by LSEG

"Intuit is going to go big on agentic AI as this gives them lots of different avenues to go down to help automate time draining tasks for small businesses," says Quilter Cheviot analyst Ben Barringer

Jefferies says Intuit is not immune to economic uncertainty, but co is better positioned than others due to resilient tax and small business segments

As of last close, stock up ~6% this year

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Why SanDisk Stock Could Soar to $4,000?

If SanDisk continues along its path and actually achieves the consensus estimate of $168 in earnings per share in one year, a P/E multiple of 22 — which is a rather conservative estimate of the S&P 500 average — would imply a stock price of close to $4,000.

Micron Surges 38% in a Week, Market Cap Breaks 840 Billion, Can This AI Memory Leader Continue the Rally?

TradingKey - Driven by the explosion in AI storage demand, Micron Technology (MU) shares have surged for five consecutive trading sessions since May 1, with a cumulative weekly gain of approximately 38%. The stock closed up over 15% at $746.81 this Friday, hitting a record high. Its market capitalization surpassed $840 billion, with daily turnover reaching $46.36 billion, ranking first in the U.S. stock market.

Trump Administration Brokers. Intel and Apple Reach Chipmaking Agreement, Shares Surge More Than 13%

TradingKey — Intel (INTC) shares surged on Friday following reports of a preliminary cooperation agreement with Apple (AAPL). The stock’s intraday gain briefly exceeded 13% before closing up 13.96%, with its market capitalization jumping to $627.8 billion.

Trump’s Shifting Stance Deadlocks US-Iran Talks, Citi Maintains $120 Brent Target

TradingKey - On May 8 (ET), Citi stated that oil prices could rise further if US-Iran negotiations remain deadlocked, maintaining its forecast that Brent crude will reach $120 over the next three months.

AMD Q1 Earnings: Data Center Revenue Surges 57% Driving Results Above Estimates, Shares Rise Over 16% After Hours

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

Featured Tools