INTU Stock Recent News
INTU LATEST HEADLINES
In the latest trading session, Intuit (INTU) closed at $608.71, marking no change from the previous day.
Intuit performed better than expected in 1Q24, showing resilience in the face of macroeconomic headwinds. Small businesses are more durable than initially thought, with INTU's Small Business Group revenue growing 18% YoY. The Company's bill pay product is gaining traction and paving the way for further penetration into the mid-market segment.
The latest trading day saw Intuit (INTU) settling at $589.02, representing a +0.37% change from its previous close.
Intuit management expects double-digit revenue growth in the coming years. Intuit recently launched a generative artificial intelligence (AI) assistant that integrates with TurboTax, Credit Karma, and QuickBooks.
Intuit (INTU) closed the most recent trading day at $625.03, moving -0.48% from the previous trading session.
Intuit (INTU) reported earnings 30 days ago. What's next for the stock?
Intuit reported strong results led by QuickBooks, despite the struggle of other companies catering to SMBs in this area. The company is gaining new customers and seeing increased adoption of payroll and payment solutions. Despite its strong performance, the stock's valuation is high compared to peers.
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