Intuit (NASDAQ:INTU) Releases Q1 2025 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.330-2.380 for the period, compared to the consensus estimate of 2.790. The company issued revenue guidance of $3.1 billion-$3.2 billion, compared to the consensus revenue estimate of $3.4 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.

Intuit Stock Down 5.1 %

NASDAQ:INTU traded down $34.22 during trading hours on Friday, hitting $631.07. 515,121 shares of the stock traded hands, compared to its average volume of 1,311,323. The firm has a 50 day moving average price of $638.78 and a 200 day moving average price of $634.58. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.32. Intuit has a fifty-two week low of $473.56 and a fifty-two week high of $676.62. The firm has a market cap of $176.41 billion, a price-to-earnings ratio of 58.22, a PEG ratio of 3.14 and a beta of 1.23.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, May 23rd. The software maker reported $9.88 EPS for the quarter, beating the consensus estimate of $8.12 by $1.76. The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.65 billion. Intuit had a net margin of 19.43% and a return on equity of 18.61%. Intuit’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $7.80 EPS. Equities research analysts anticipate that Intuit will post 11.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Citigroup upped their price target on shares of Intuit from $727.00 to $750.00 and gave the company a buy rating in a report on Friday, June 28th. JPMorgan Chase & Co. upped their price objective on shares of Intuit from $585.00 to $600.00 and gave the company a neutral rating in a research report on Friday. Morgan Stanley lowered shares of Intuit from an overweight rating to an equal weight rating and dropped their price target for the stock from $750.00 to $685.00 in a research report on Wednesday, August 14th. Wells Fargo & Company increased their price target on shares of Intuit from $725.00 to $750.00 and gave the stock an overweight rating in a research report on Tuesday, May 21st. Finally, Royal Bank of Canada began coverage on shares of Intuit in a research report on Wednesday, July 3rd. They issued an outperform rating and a $760.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat.com, Intuit currently has a consensus rating of Moderate Buy and a consensus price target of $703.27.

Insider Activity

In related news, insider Scott D. Cook sold 14,748 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $567.40, for a total transaction of $8,368,015.20. Following the completion of the transaction, the insider now directly owns 6,701,721 shares in the company, valued at approximately $3,802,556,495.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Mark P. Notarainni sold 465 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total value of $281,129.70. Following the sale, the executive vice president now directly owns 869 shares of the company’s stock, valued at approximately $525,380.02. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Scott D. Cook sold 14,748 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $567.40, for a total transaction of $8,368,015.20. Following the completion of the sale, the insider now directly owns 6,701,721 shares in the company, valued at $3,802,556,495.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 195,963 shares of company stock worth $114,442,445. 2.90% of the stock is currently owned by corporate insiders.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.