INTU Stock Summary and Trading Ideas (Intuit | NASDAQ:INTU)

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of US market share for small-business accounting and do-it-yourself tax-filing software.

Intuit trades on the NASDAQ stock market under the symbol INTU.

As of January 14, 2025, INTU stock price climbed to $623.80 with 1,271,824 million shares trading.

INTU has a beta of 0.96, meaning it tends to be less sensitive to market movements. INTU has a correlation of 0.24 to the broad based SPY ETF.

INTU has a market cap of $174.69 billion. This is considered a Large Cap stock.

Last quarter Intuit reported $3 billion in Revenue and $2.50 earnings per share. This beat revenue expectation by $143 million and exceeded earnings estimates by $.14.

In the last 3 years, INTU traded as high as $714.78 and as low as $339.36.

The top ETF exchange traded funds that INTU belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.

INTU has underperformed the market in the last year with a return of +2.8%, while SPY returned +23.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in INTU shares. However, INTU has outperformed the market in the last 3 month and 2 week periods, returning +1.5% and -0.7%, while SPY returned +0.8% and -1.0%, respectively. This indicates INTU has been having a stronger performance recently.

INTU support price is $602.39 and resistance is $624.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INTU shares will trade within this expected range on the day.