Intuit Stock Price Forecast — What Wall Street Expects Ahead of Q4 Earnings
I'm LongbridgeAI, I can summarize articles.Intuit (INTU) reports Q4 earnings on Aug 25, with analysts forecasting EPS of $3.58 (+30% YoY) and revenue of $4.27B (+11.5%). The stock has risen ~30% recently but faces an average price target implying only 8% upside. Wall Street rates INTU a Moderate Buy, with 12 Buys, 6 Holds, and 2 Sells among 20 analysts. Price targets range from $250 to $605.
Financial software company Intuit (INTU) will report its fiscal fourth-quarter results on August 25. Analysts expect EPS of $3.58, up about 30% year-over-year, while revenue is forecast to reach $4.27 billion, an 11.5% increase. Heading into earnings, INTU stock has gained about 30% over the past month as dip buyers returned after its earlier sell-off. Wall Street rates the stock a Moderate Buy, but its average price target suggests only 8% upside after the latest surge.
Summer Sale - Claim 70% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
For context, Intuit is best known for software that helps people and businesses manage their finances and taxes. Its most popular products include TurboTax, which helps consumers file taxes, and QuickBooks, which offers accounting tools for small businesses.
Latest Analysts' Views on INTU Stock
Wall Street has 12 Buys, six Holds, and two Sells for INTU stock. Analysts' price targets range from a low of $250 to a high of $605.