JP Morgan Keeps Overweight Rating on Intuit, Reduces Price Target to $750
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2025
0mins
Should l Buy INTU?
Source: Benzinga
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, sharing strategies and intelligence.
Market Winning Tool: Traders utilize Benzinga Pro's resources to enhance their trading success in the stock market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy INTU?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on INTU
Wall Street analysts forecast INTU stock price to rise
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 381.230
Low
700.00
Averages
814.59
High
880.00
Current: 381.230
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.
Intuit Set to Announce Q2 Earnings on February 26
- Earnings Announcement: Intuit (INTU) is set to release its Q2 2023 earnings report on February 26 after market close, with consensus EPS estimates at $3.68, reflecting a 10.8% year-over-year increase, indicating sustained profitability that could bolster investor confidence.
- Revenue Expectations: Analysts project revenue to reach $4.53 billion, representing a 14.4% year-over-year growth, suggesting enhanced competitiveness and product demand in the market, potentially laying the groundwork for future expansion.
- Historical Performance: Over the past two years, Intuit has consistently exceeded both EPS and revenue estimates 100% of the time, demonstrating stable performance and market trust, which may attract more investor attention to its stock.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen two upward revisions and four downward adjustments, while revenue estimates experienced six upward revisions with no downward changes, reflecting a positive revision trend that may indicate market optimism regarding Intuit's future performance.
See More
US Stocks Close Mixed: Dow Rises Slightly, Nasdaq Declines
- Mixed Market Performance: On Thursday, the S&P 500 Index fell by 0.54% and the Nasdaq 100 Index declined by 1.16%, while the Dow Jones Industrial Average rose slightly by 0.03%, indicating a divergence in market sentiment, particularly under pressure from tech stocks.
- Nvidia Earnings Impact: Nvidia reported Q4 revenue of $62.3 billion, exceeding expectations, yet its stock dropped over 5% due to uncertainties regarding the Chinese market, reflecting investor concerns about an overheated AI economy that could affect related chipmakers' performance.
- Labor Market Signals: Initial jobless claims in the US rose by 4,000 to 212,000, lower than the expected 216,000, indicating resilience in the labor market, which may provide support for the stock market, especially amid potential interest rate cuts by the Fed.
- Geopolitical Risks Intensify: President Trump threatened military action against Iran, heightening market uncertainty; although there are signs of progress in US-Iran nuclear negotiations, geopolitical risks remain a focal point for investors and could negatively impact the stock market.
See More
Block's Layoffs Spark 24% Stock Surge
- Block Layoffs Impact: Block announced layoffs of over 4,000 employees, about half of its workforce, leading to a 24% surge in after-hours trading, indicating strong market confidence in its cost-cutting measures.
- Monster Beverage Earnings: Despite reporting adjusted earnings of 51 cents per share, exceeding the expected 48 cents, Monster Beverage's fourth-quarter operating margin of 29% fell short of the 29.8% consensus estimate, resulting in a 3% drop in stock price, reflecting investor concerns over profitability.
- Dell Strong Performance: Dell Technologies reported a fourth-quarter earnings per share of $3.89, surpassing analyst expectations of $3.53, with revenue of $33.38 billion exceeding the $31.73 billion forecast, leading to a 10% increase in stock price, showcasing its competitive strength in the market.
- Autodesk Outperformance: Autodesk's full-year revenue guidance of $8.10 billion to $8.17 billion exceeded the market expectation of $7.97 billion, resulting in a stock price increase of over 6%, indicating strong performance and growth potential in the software market.
See More
Intuit Reports Q2 Earnings Exceeding Expectations
- Strong Financial Performance: Intuit reported Q2 revenue of $4.65 billion, surpassing analyst expectations of $4.53 billion, reflecting a robust 17% year-over-year growth that underscores its strong position in the financial management software market.
- Earnings Beat Expectations: The company posted adjusted earnings of $4.15 per share, exceeding analyst forecasts of $3.66 per share, indicating improved profitability and effective cost management strategies.
- Segment Growth: Revenue from Global Business Solutions reached $3.2 billion, up 18%; Consumer revenue was $1.5 billion, up 15%; and the Total Online Ecosystem generated $2.5 billion, up 21%, demonstrating strong performance across all business lines.
- Cautious Future Outlook: Intuit anticipates Q3 revenue of approximately $8.53 billion, slightly above market expectations of $8.52 billion, but adjusted earnings guidance of $12.45 to $12.51 per share falls short of the $12.96 expected by analysts, contributing to a nearly 6% decline in after-hours trading.
See More
Circle Goes Public, Stock Soars to $87 Amid USD Coin Demand
- Strong IPO Performance: Circle went public at $31 on June 5, 2025, and its stock has surged to $87, reflecting robust market demand for its USD Coin stablecoin and investor confidence in its growth prospects.
- Diverse Profit Model: Circle generates most of its profits by investing its USD Coin reserves into U.S. Treasuries and low-risk financial instruments, while also increasing platform and infrastructure fees by attracting more financial customers and countries, thereby reducing long-term dependence on fixed-income investments.
- Expanding Partnerships: Visa and Intuit launched programs in late 2025 to integrate Circle's USD Coin payments into their ecosystems, with Visa allowing its banking partners to settle transactions on Circle's blockchain, which is expected to accelerate transaction speeds and enhance user experience.
- International Market Potential: Bermuda became the first country to accept USD Coin for taxes and government payments, and Circle's collaboration with Coinbase to explore a fully
See More
Intuit Q2 Earnings Beat Expectations, Full-Year Guidance Reaffirmed
- Strong Earnings Report: Intuit's Q2 non-GAAP EPS of $4.15 exceeded expectations by $0.47, with revenue reaching $4.65 billion, reflecting a 17.4% year-over-year growth and surpassing market expectations by $120 million, indicating robust profitability and market demand.
- Full-Year Guidance Reaffirmed: The company expects fiscal year 2026 revenue between $20.997 billion and $21.186 billion, slightly below the $21.20 billion consensus, yet still signaling a growth of approximately 12% to 13%, showcasing management's confidence in future performance.
- Improved Profitability: GAAP operating income is projected between $5.782 billion and $5.859 billion, reflecting a growth of about 17% to 19%, while non-GAAP operating income is expected between $8.611 billion and $8.688 billion, indicating a growth of approximately 14% to 15%, demonstrating success in cost control and efficiency improvements.
- Positive Market Reaction: Following the announcement of a multi-year partnership with AI safety firm Anthropic, Intuit's stock rose, reflecting investor optimism regarding the company's strategic positioning in the artificial intelligence sector, further solidifying its market position.
See More
Intuit Set to Announce Q2 Earnings on February 26
- Earnings Announcement: Intuit (INTU) is set to release its Q2 2023 earnings report on February 26 after market close, with consensus EPS estimates at $3.68, reflecting a 10.8% year-over-year increase, indicating sustained profitability that could bolster investor confidence.
- Revenue Expectations: Analysts project revenue to reach $4.53 billion, representing a 14.4% year-over-year growth, suggesting enhanced competitiveness and product demand in the market, potentially laying the groundwork for future expansion.
- Historical Performance: Over the past two years, Intuit has consistently exceeded both EPS and revenue estimates 100% of the time, demonstrating stable performance and market trust, which may attract more investor attention to its stock.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen two upward revisions and four downward adjustments, while revenue estimates experienced six upward revisions with no downward changes, reflecting a positive revision trend that may indicate market optimism regarding Intuit's future performance.
See More
US Stocks Close Mixed: Dow Rises Slightly, Nasdaq Declines
- Mixed Market Performance: On Thursday, the S&P 500 Index fell by 0.54% and the Nasdaq 100 Index declined by 1.16%, while the Dow Jones Industrial Average rose slightly by 0.03%, indicating a divergence in market sentiment, particularly under pressure from tech stocks.
- Nvidia Earnings Impact: Nvidia reported Q4 revenue of $62.3 billion, exceeding expectations, yet its stock dropped over 5% due to uncertainties regarding the Chinese market, reflecting investor concerns about an overheated AI economy that could affect related chipmakers' performance.
- Labor Market Signals: Initial jobless claims in the US rose by 4,000 to 212,000, lower than the expected 216,000, indicating resilience in the labor market, which may provide support for the stock market, especially amid potential interest rate cuts by the Fed.
- Geopolitical Risks Intensify: President Trump threatened military action against Iran, heightening market uncertainty; although there are signs of progress in US-Iran nuclear negotiations, geopolitical risks remain a focal point for investors and could negatively impact the stock market.
See More
Block's Layoffs Spark 24% Stock Surge
- Block Layoffs Impact: Block announced layoffs of over 4,000 employees, about half of its workforce, leading to a 24% surge in after-hours trading, indicating strong market confidence in its cost-cutting measures.
- Monster Beverage Earnings: Despite reporting adjusted earnings of 51 cents per share, exceeding the expected 48 cents, Monster Beverage's fourth-quarter operating margin of 29% fell short of the 29.8% consensus estimate, resulting in a 3% drop in stock price, reflecting investor concerns over profitability.
- Dell Strong Performance: Dell Technologies reported a fourth-quarter earnings per share of $3.89, surpassing analyst expectations of $3.53, with revenue of $33.38 billion exceeding the $31.73 billion forecast, leading to a 10% increase in stock price, showcasing its competitive strength in the market.
- Autodesk Outperformance: Autodesk's full-year revenue guidance of $8.10 billion to $8.17 billion exceeded the market expectation of $7.97 billion, resulting in a stock price increase of over 6%, indicating strong performance and growth potential in the software market.
See More
Intuit Reports Q2 Earnings Exceeding Expectations
- Strong Financial Performance: Intuit reported Q2 revenue of $4.65 billion, surpassing analyst expectations of $4.53 billion, reflecting a robust 17% year-over-year growth that underscores its strong position in the financial management software market.
- Earnings Beat Expectations: The company posted adjusted earnings of $4.15 per share, exceeding analyst forecasts of $3.66 per share, indicating improved profitability and effective cost management strategies.
- Segment Growth: Revenue from Global Business Solutions reached $3.2 billion, up 18%; Consumer revenue was $1.5 billion, up 15%; and the Total Online Ecosystem generated $2.5 billion, up 21%, demonstrating strong performance across all business lines.
- Cautious Future Outlook: Intuit anticipates Q3 revenue of approximately $8.53 billion, slightly above market expectations of $8.52 billion, but adjusted earnings guidance of $12.45 to $12.51 per share falls short of the $12.96 expected by analysts, contributing to a nearly 6% decline in after-hours trading.
See More
Circle Goes Public, Stock Soars to $87 Amid USD Coin Demand
- Strong IPO Performance: Circle went public at $31 on June 5, 2025, and its stock has surged to $87, reflecting robust market demand for its USD Coin stablecoin and investor confidence in its growth prospects.
- Diverse Profit Model: Circle generates most of its profits by investing its USD Coin reserves into U.S. Treasuries and low-risk financial instruments, while also increasing platform and infrastructure fees by attracting more financial customers and countries, thereby reducing long-term dependence on fixed-income investments.
- Expanding Partnerships: Visa and Intuit launched programs in late 2025 to integrate Circle's USD Coin payments into their ecosystems, with Visa allowing its banking partners to settle transactions on Circle's blockchain, which is expected to accelerate transaction speeds and enhance user experience.
- International Market Potential: Bermuda became the first country to accept USD Coin for taxes and government payments, and Circle's collaboration with Coinbase to explore a fully
See More
Intuit Q2 Earnings Beat Expectations, Full-Year Guidance Reaffirmed
- Strong Earnings Report: Intuit's Q2 non-GAAP EPS of $4.15 exceeded expectations by $0.47, with revenue reaching $4.65 billion, reflecting a 17.4% year-over-year growth and surpassing market expectations by $120 million, indicating robust profitability and market demand.
- Full-Year Guidance Reaffirmed: The company expects fiscal year 2026 revenue between $20.997 billion and $21.186 billion, slightly below the $21.20 billion consensus, yet still signaling a growth of approximately 12% to 13%, showcasing management's confidence in future performance.
- Improved Profitability: GAAP operating income is projected between $5.782 billion and $5.859 billion, reflecting a growth of about 17% to 19%, while non-GAAP operating income is expected between $8.611 billion and $8.688 billion, indicating a growth of approximately 14% to 15%, demonstrating success in cost control and efficiency improvements.
- Positive Market Reaction: Following the announcement of a multi-year partnership with AI safety firm Anthropic, Intuit's stock rose, reflecting investor optimism regarding the company's strategic positioning in the artificial intelligence sector, further solidifying its market position.
See More
