Intuit (INTU) Stock Forecast, Price Target & Predictions
INTU Stock Forecast
Intuit stock forecast is as follows: an average price target of $715.09 (represents a 9.91% upside from INTU’s last price of $650.60) and a rating consensus of 'Buy', based on 24 wall street analysts offering a 1-year stock forecast.
INTU Price Target
The average price target for Intuit (INTU) is $715.09 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $795.00 to $525.00. This represents a potential 9.91% upside from INTU's last price of $650.60.
INTU Analyst Ratings
According to 24 Wall Street analysts, Intuit's rating consensus is 'Buy'. The analyst rating breakdown for INTU stock is 0 'Strong Buy' (0.00%), 22 'Buy' (91.67%), 2 'Hold' (8.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Intuit Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 27, 2024 | Kirk Materne | Evercore ISI | $725.00 | $619.03 | 17.12% | 11.44% |
| Sep 27, 2024 | Steven Enders | Citigroup | $760.00 | $619.03 | 22.77% | 16.82% |
| Sep 23, 2024 | Rishi Jaluria | RBC Capital | $760.00 | $644.99 | 17.83% | 16.82% |
| Aug 23, 2024 | Kash Rangan | Goldman Sachs | $765.00 | $619.85 | 23.42% | 17.58% |
| Aug 23, 2024 | Mark Murphy | Credit Suisse | $600.00 | $619.85 | -3.20% | -7.78% |
| Aug 23, 2024 | Brent Thill | Jefferies | $790.00 | $619.95 | 27.43% | 21.43% |
| Aug 23, 2024 | Arvind Ramnani | Piper Sandler | $768.00 | $619.95 | 23.88% | 18.04% |
| Aug 23, 2024 | Daniel Jester | BMO Capital | $760.00 | $619.95 | 22.59% | 16.82% |
| Aug 23, 2024 | Brad Reback | Stifel Nicolaus | $795.00 | $665.29 | 19.50% | 22.19% |
| Aug 23, 2024 | Brad Sills | Bank of America Securities | $780.00 | $665.29 | 17.24% | 19.89% |
The latest Intuit stock forecast, released on Sep 27, 2024 by Kirk Materne from Evercore ISI, set a price target of $725.00, which represents a 17.12% increase from the stock price at the time of the forecast ($619.03), and a 11.44% increase from INTU last price ($650.60).
Intuit Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 11 | 28 |
| Avg Price Target | - | $749.36 | $732.86 |
| Last Closing Price | $650.60 | $650.60 | $650.60 |
| Upside/Downside | -100.00% | 15.18% | 12.64% |
In the current month, the average price target of Intuit stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Intuit's last price of $650.60. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 27, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 27, 2024 | Susquehanna | Buy | Buy | Hold |
| Sep 27, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 27, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 26, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 23, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Sep 19, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 23, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Intuit's last stock rating was published by Goldman Sachs on Sep 27, 2024. The company gave INTU a "Buy" rating, the same as its previous rate.
Intuit Financial Forecast
Intuit Revenue Forecast
| Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.98B | $2.71B | - | $3.04B | $2.60B | $2.41B | - | $2.67B | $2.01B | $2.56B | - | $1.58B | $1.32B | $1.82B | - |
| Avg Forecast | $4.73B | $8.99B | $5.00B | $4.13B | $4.23B | $8.27B | $4.40B | $3.60B | $3.72B | $7.52B | $3.88B | $3.14B | $3.08B | $6.65B | $3.39B | $2.88B | $2.64B | $6.09B | $2.91B | $2.50B | $2.34B | $5.51B | $2.73B | $1.81B | $2.31B | $4.37B | $1.68B | $1.21B | $1.56B | $3.01B |
| High Forecast | $4.94B | $9.38B | $5.22B | $4.31B | $4.41B | $8.63B | $4.59B | $3.75B | $3.88B | $7.84B | $3.94B | $3.15B | $3.08B | $6.65B | $3.53B | $2.89B | $2.76B | $6.36B | $3.04B | $2.57B | $2.41B | $5.67B | $2.80B | $1.86B | $2.37B | $4.49B | $1.73B | $1.24B | $1.61B | $3.09B |
| Low Forecast | $4.66B | $8.85B | $4.92B | $4.06B | $4.16B | $8.14B | $4.33B | $3.54B | $3.66B | $7.39B | $3.84B | $3.13B | $3.08B | $6.65B | $3.33B | $2.83B | $2.60B | $5.99B | $2.86B | $2.47B | $2.32B | $5.45B | $2.69B | $1.79B | $2.28B | $4.32B | $1.66B | $1.19B | $1.54B | $2.97B |
| # Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 8 | 14 | 7 | 10 | 7 | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.03% | - | 1.04% | 1.04% | 1.03% | - | 0.98% | 1.11% | 1.11% | - | 0.94% | 1.10% | 1.16% | - |
Intuit's average Quarter revenue forecast for Jan 24 based on 8 analysts is $3.39B, with a low forecast of $3.33B, and a high forecast of $3.53B. INTU's average Quarter revenue forecast represents a 13.72% increase compared to the company's last Quarter revenue of $2.98B (Oct 23).
Intuit EBITDA Forecast
| Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 8 | 14 | 7 | 10 | 7 | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $307.00M | $258.00M | - | $414.00M | $290.00M | $54.00M | - | $266.00M | $359.00M | $523.00M | - | $120.00M | $264.00M | $543.00M | - |
| Avg Forecast | $1.38B | $2.61B | $1.45B | $1.20B | $1.23B | $2.41B | $1.28B | $1.05B | $1.08B | $2.18B | $1.13B | $912.75M | $896.82M | $381.08M | $984.55M | $836.73M | $767.79M | $346.44M | $183.61M | $726.07M | $681.24M | $314.95M | $792.35M | $526.82M | $671.40M | $150.33M | $489.09M | $350.62M | $454.47M | $295.06M |
| High Forecast | $1.44B | $2.73B | $1.52B | $1.25B | $1.28B | $2.51B | $1.34B | $1.09B | $1.13B | $2.28B | $1.15B | $915.66M | $896.82M | $457.30M | $1.03B | $839.64M | $801.12M | $415.73M | $220.33M | $746.32M | $700.24M | $377.94M | $814.45M | $541.52M | $690.13M | $180.40M | $502.74M | $360.40M | $467.15M | $354.07M |
| Low Forecast | $1.35B | $2.57B | $1.43B | $1.18B | $1.21B | $2.37B | $1.26B | $1.03B | $1.06B | $2.15B | $1.12B | $909.84M | $896.82M | $304.87M | $968.36M | $822.96M | $755.16M | $277.15M | $146.89M | $717.41M | $673.11M | $251.96M | $782.89M | $520.54M | $663.39M | $120.26M | $483.26M | $346.44M | $449.05M | $236.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 0.34% | - | 2.25% | 0.40% | 0.08% | - | 0.34% | 0.68% | 0.78% | - | 0.25% | 0.75% | 1.19% | - |
8 analysts predict INTU's average Quarter EBITDA for Jan 24 to be $984.55M, with a high of $1.03B and a low of $968.36M. This is 220.70% upper than Intuit's previous annual EBITDA (Oct 23) of $307.00M.
Intuit Net Income Forecast
| Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 8 | 14 | 7 | 10 | 7 | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $241.00M | $89.00M | - | $168.00M | $40.00M | $-56.00M | - | $100.00M | $228.00M | $380.00M | - | $20.00M | $198.00M | $445.00M | - |
| Avg Forecast | $942.75M | $3.70B | $1.21B | $920.87M | $822.82M | $3.50B | $1.05B | $780.94M | $705.13M | $3.13B | $909.23M | $660.24M | $518.70M | $140.62M | $643.12M | $553.76M | $401.70M | $127.84M | $116.61M | $334.32M | $274.84M | $116.22M | $516.63M | $272.64M | $444.42M | $25.05M | $241.50M | $115.52M | $310.10M | $207.06M |
| High Forecast | $995.96M | $3.91B | $1.28B | $972.84M | $869.25M | $3.70B | $1.11B | $825.01M | $744.93M | $3.31B | $952.26M | $663.03M | $518.77M | $168.75M | $679.41M | $559.36M | $424.37M | $153.41M | $139.93M | $346.44M | $284.80M | $139.46M | $523.13M | $282.53M | $460.54M | $30.07M | $250.26M | $119.71M | $321.34M | $248.47M |
| Low Forecast | $922.60M | $3.62B | $1.19B | $901.18M | $805.22M | $3.43B | $1.03B | $764.24M | $690.06M | $3.07B | $851.87M | $657.44M | $518.63M | $112.50M | $629.37M | $545.37M | $393.11M | $102.27M | $93.29M | $329.13M | $270.58M | $92.97M | $510.12M | $268.42M | $437.53M | $20.04M | $237.75M | $113.72M | $305.29M | $165.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.44% | 0.22% | - | 1.44% | 0.12% | -0.20% | - | 0.19% | 0.84% | 0.86% | - | 0.08% | 1.71% | 1.44% | - |
Intuit's average Quarter net income forecast for Jan 24 is $643.12M, with a range of $629.37M to $679.41M. INTU's average Quarter net income forecast represents a 166.85% increase compared to the company's last Quarter net income of $241.00M (Oct 23).
Intuit SG&A Forecast
| Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 8 | 14 | 7 | 10 | 7 | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.11B | $1.18B | - | $1.25B | $1.10B | $1.14B | - | $1.34B | $812.00M | $1.12B | - | $830.00M | $531.00M | $617.00M | - |
| Avg Forecast | $1.73B | $3.29B | $1.83B | $1.51B | $1.55B | $3.02B | $1.61B | $1.31B | $1.36B | $2.75B | $1.42B | $1.15B | $1.13B | $1.89B | $1.24B | $1.05B | $965.25M | $1.71B | $415.29M | $912.80M | $856.44M | $1.56B | $996.12M | $662.31M | $844.07M | $1.04B | $614.88M | $440.80M | $571.35M | $648.78M |
| High Forecast | $1.81B | $3.43B | $1.91B | $1.57B | $1.61B | $3.16B | $1.68B | $1.37B | $1.42B | $2.87B | $1.44B | $1.15B | $1.13B | $2.26B | $1.29B | $1.06B | $1.01B | $2.06B | $498.35M | $938.26M | $880.33M | $1.87B | $1.02B | $680.79M | $867.62M | $1.25B | $632.03M | $453.09M | $587.29M | $778.54M |
| Low Forecast | $1.70B | $3.23B | $1.80B | $1.48B | $1.52B | $2.97B | $1.58B | $1.29B | $1.34B | $2.70B | $1.40B | $1.14B | $1.13B | $1.51B | $1.22B | $1.03B | $949.38M | $1.37B | $332.23M | $901.91M | $846.23M | $1.25B | $984.24M | $654.41M | $834.00M | $831.82M | $607.54M | $435.54M | $564.53M | $519.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.22% | - | 3.00% | 1.20% | 1.33% | - | 1.35% | 1.23% | 1.33% | - | 1.35% | 1.20% | 1.08% | - |
Intuit's average Quarter SG&A projection for Jan 24 is $1.24B, based on 8 Wall Street analysts, with a range of $1.22B to $1.29B. The forecast indicates a 11.41% rise compared to INTU last annual SG&A of $1.11B (Oct 23).
Intuit EPS Forecast
| Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 15 | 15 | 7 | 7 | 8 | 14 | 7 | 10 | 7 | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | $0.32 | - | $0.60 | $0.14 | $-0.20 | - | $0.35 | $0.84 | $1.39 | - | $0.07 | $0.75 | $1.70 | - |
| Avg Forecast | $3.37 | $13.20 | $4.33 | $3.29 | $2.94 | $12.52 | $3.76 | $2.79 | $2.52 | $11.19 | $3.25 | $2.36 | $1.85 | $9.38 | $2.30 | $1.98 | $1.43 | $8.48 | $1.47 | $1.19 | $0.98 | $7.54 | $1.85 | $0.97 | $1.59 | $6.46 | $0.86 | $0.41 | $1.11 | $4.71 |
| High Forecast | $3.56 | $13.95 | $4.58 | $3.47 | $3.10 | $13.22 | $3.97 | $2.95 | $2.66 | $11.82 | $3.40 | $2.37 | $1.85 | $9.38 | $2.43 | $2.00 | $1.52 | $8.96 | $1.55 | $1.24 | $1.02 | $7.81 | $1.87 | $1.01 | $1.64 | $6.69 | $0.89 | $0.43 | $1.15 | $4.88 |
| Low Forecast | $3.29 | $12.92 | $4.24 | $3.22 | $2.88 | $12.25 | $3.68 | $2.73 | $2.46 | $10.95 | $3.04 | $2.35 | $1.85 | $9.38 | $2.25 | $1.95 | $1.40 | $8.30 | $1.44 | $1.18 | $0.97 | $7.42 | $1.82 | $0.96 | $1.56 | $6.36 | $0.85 | $0.41 | $1.09 | $4.63 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 0.22% | - | 0.41% | 0.12% | -0.20% | - | 0.19% | 0.86% | 0.88% | - | 0.08% | 1.82% | 1.53% | - |
According to 8 Wall Street analysts, Intuit's projected average Quarter EPS for Jan 24 is $2.30, with a low estimate of $2.25 and a high estimate of $2.43. This represents a 167.08% increase compared to INTU previous annual EPS of $0.86 (Oct 23).
Intuit Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AI | C3.ai | $32.36 | $70.50 | 117.86% | Buy |
| SNOW | Snowflake | $129.12 | $204.88 | 58.67% | Buy |
| ZM | Zoom Video Communications | $78.86 | $111.94 | 41.95% | Hold |
| INTU | Intuit | $650.60 | $715.09 | 9.91% | Buy |
| WDAY | Workday | $259.44 | $271.36 | 4.59% | Buy |
| TEAM | Atlassian | $245.45 | $246.52 | 0.44% | Buy |
| ADSK | Autodesk | $307.84 | $290.28 | -5.70% | Buy |
| SHOP | Shopify | $103.94 | $91.91 | -11.57% | Buy |
| CRM | Salesforce | $325.70 | $275.26 | -15.49% | Buy |
| NOW | ServiceNow | $1.02K | $831.13 | -18.75% | Buy |