
Intuit (INTU) Stock Forecast & Price Target
Intuit (INTU) Analyst Ratings
Bulls say
Intuit is well-positioned in the financial management industry, with a strong market share in accounting and tax software, as well as a diverse portfolio of products and services. Despite the near-term headwinds facing its TurboTax DIY segment, the company is actively addressing these issues and has a solid track record of adjusting its business model to drive growth. With a focus on its three big bets - assisted tax, the money portfolio, and the mid-market - and a streamlined, flatter organization, Intuit is well-equipped to continue its growth trajectory in the long term.
Bears say
Intuit is facing several challenges, such as pricing pressure in its DIY tax segment, a potential deceleration in QuickBooks Online subscriber growth, and risks related to government regulation and potential reputational damage. Additionally, the company's recent shift towards value-based pricing and a move upmarket may lead to near-term tradeoffs in revenue, although management remains committed to mid-teens EPS growth.Please note that Intuit has a high market share and strong financials, but the risks mentioned above may negatively impact future growth potential and revenue.
This aggregate rating is based on analysts' research of Intuit and is not a guaranteed prediction by Public.com or investment advice.
Intuit (INTU) Analyst Forecast & Price Prediction
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