Intuit Inc Falls Despite Recent Partnerships
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 26 Nov 25
Source: TipRanks
Intuit Inc's stock fell by 3.01% during regular trading, hitting a 20-day low. This decline occurred despite positive movements in the broader market, with the Nasdaq-100 and S&P 500 up 0.45% and 0.41%, respectively.
Recent news includes Intuit's partnership with The Trade Desk to enhance SMB advertising reach, which could potentially improve its market position. Additionally, Intuit has formed a long-term partnership with Team USA for the LA28 Olympic Games, aiming to support local businesses and athletes.
However, the stock's performance today suggests that these announcements have not yet translated into immediate investor confidence, as the overall market sentiment remains strong.
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.
