1224 ET - Intuit appears on track for accelerating growth after its 1Q results show its biggest growth drivers are gaining traction, BofA Securities analysts say in a note. The company's QuickBooks franchise continues to move up market to mid-sized companies, and its new AI agents seem to already be adding significant value, the analysts say, noting they would not be surprised if Intuit begins monetizing agents across its suite via separate SKUs soon. Intuit's move into assisted tax offerings is also bearing fruit, with TurboTax Live growth accelerating, even though 1Q is a light tax quarter, they say. "These are the largest market opportunities within Intuit's vast TAM of $327 billion, which suggests that Intuit is headed for reaccelerating growth as these become a more material part of overall results," they say.(kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

November 21, 2025 12:24 ET (17:24 GMT)

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