INTU Surges Past 5-Day SMA on Strong Q1 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Nov 25
Source: Benzinga
Shares of Intuit Inc. (INTU) climbed today, crossing above its 5-day simple moving average following a robust fiscal first quarter performance. The company reported revenue of $3.89 billion and adjusted earnings of $3.34 per share, both exceeding analyst expectations. Despite a mixed outlook for the upcoming period, driven by concerns over inflated valuations in the AI sector, the stock's rise reflects investor confidence bolstered by a $100 million partnership with OpenAI aimed at integrating AI into its financial applications. As Intuit continues to enhance its growth strategy through AI-driven products, market dynamics suggest potential for further gains amidst broader volatility.
Analyst Views on INTU
Wall Street analysts forecast INTU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTU is 814.59 USD with a low forecast of 700.00 USD and a high forecast of 880.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 561.770
Low
700.00
Averages
814.59
High
880.00
Current: 561.770
Low
700.00
Averages
814.59
High
880.00
About INTU
Intuit Inc. offers a financial technology platform that helps consumers and small and mid-market businesses prosper by delivering financial management, compliance, and marketing products and services. It also provides specialized tax products to accounting professionals. Its offerings include TurboTax, Credit Karma, QuickBooks, and Mailchimp. Lacerte, ProSeries, and ProConnect Tax Online. Its Global Business Solutions segment serves small and mid-market businesses around the world, and the accounting professionals who assist and advise them. Its Consumer segment serves consumers and includes do-it-yourself and assisted TurboTax income tax preparation products and services sold in the United States and Canada. Its Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations for credit card, home, auto, and personal loan, and insurance products. Its ProTax segment serves professional accountants in the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
