BUZZ-Street View: Intuit gets street love on growth and innovation

Reuters
2025/05/23
BUZZ-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

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

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