Intuit Stock Price, News & Analysis

Intuit (NASDAQ: INTU) has released its 2025 QuickBooks Accountant Technology Survey, revealing significant shifts in the accounting industry. The survey highlights that 79% of accountants expect strategic advisory work to grow by an average of 38% in the coming year, while 81% report AI improving their productivity.

Key findings show 64% of firms plan to invest in or upgrade AI within the next year, up from 57% in 2024. 95% of firms adopted automation in the past year, with 93% using AI to enhance strategic business advisory services. However, challenges persist as firms juggle an average of eight different apps, with 66% feeling overwhelmed by technology complexity and 80% reporting difficulty in hiring experienced professionals.

Intuit (NASDAQ:INTU) has unveiled significant enhancements to its QuickBooks platform, introducing intelligent automations to streamline accounting processes. The updates include: QuickBooks Payments for faster invoice settlements, AI-powered bank feed for automated transaction categorization, expanded depreciation methods including reducing balance depreciation, and improved Construction Industry Scheme (CIS) features.

The innovations address critical business challenges, notably that 73% of UK SMBs are impacted by delayed payments, with 31% spending 20-30 hours monthly chasing customers. These improvements reflect Intuit's strategy to deliver an all-in-one business solution leveraging AI to automate everyday tasks and manage complex workflows.

Intuit (NASDAQ:INTU) has launched its new Intuit App Partner Program to enhance support for developers building applications for QuickBooks and Intuit Enterprise Suite. The program introduces four partnership tiers - Builder, Silver, Gold, and Platinum - with benefits based on customer adoption and integration depth.

The program features include free API access, variable API fees based on customer growth, and a tier-based monthly program fee. Developers gain access to new APIs for project management, sales tax, and payroll functionalities, along with marketing opportunities and analytics tools. The program launches in the US, building upon Intuit's two-decade legacy of powering millions of QuickBooks customer experiences through integrated applications.

Intuit (NASDAQ:INTU) has announced major updates to its Intuit Enterprise Suite, introducing new AI agents and enhanced financial management capabilities for mid-market businesses. The platform now features four specialized AI agents for finance, accounting, project management, and payments, with the latter helping businesses get paid 5 days faster on average.

Key improvements include enhanced multi-entity financial management tools, providing ERP-level operations with consolidated reporting, shared dimensions, and a multi-entity hub. The suite also introduces advanced business intelligence features with AI-powered insights, FP&A capabilities, and a KPI scorecard with over 30 pre-defined metrics. According to Intuit, 78% of customers report easier business management with their AI tools, while 68% say it allows more time for business growth.

Intuit (NASDAQ:INTU) has announced the national expansion of its IDEAS (Invest, Develop, Empower, Accelerate, and Scale) accelerator program in partnership with the National Urban League. The program, which has shown impressive results with participants reporting an average 23% revenue increase and 16.5 hours saved monthly, is expanding from its initial three cities to nine locations across the United States.

The expanded program will support an additional 250 small business owners in Charlotte, Chicago, Dallas/Fort Worth, New Orleans, New York City, and San Diego, plus a new nationwide cohort specifically for military veteran and spouse-owned businesses. Participants receive complimentary access to Intuit's technology platform (including Mailchimp, TurboTax, QuickBooks, and Credit Karma), expert support, business coaching, technology grants, and cash grants upon program completion.

Intuit (NASDAQ:INTU) has unveiled a groundbreaking suite of AI agents integrated into QuickBooks, designed to transform how businesses operate and grow. The new AI-powered system, launching July 1, 2025, promises to save businesses up to 12 hours per month through automated workflows across CRM, financial analysis, payments, and accounting.

The platform includes several specialized agents: Payments Agent accelerates cash flow by getting businesses paid 5 days faster on average, Accounting Agent automates bookkeeping tasks, Finance Agent provides comprehensive financial management, and the Customer Hub features Customer and Marketing Agents for managing customer relationships. Additional agents for payroll and project management will be released in the coming months.

According to company data, 78% of customers report easier business operations with Intuit's AI, while 68% indicate more time for business growth. The update includes a redesigned QuickBooks web layout with customizable widgets and a new mobile interface, combining AI capabilities with human expert support in an integrated platform.

Intuit Mailchimp unveiled a comprehensive suite of marketing tools at FWD: London to help businesses better leverage customer data and improve acquisition. The announcement includes new lead generation integrations with major platforms like Meta, TikTok, and Google, over 100 new pop-up templates, and enhanced analytics through the Metrics Visualizer. The company is addressing the concerns of 71% of SMBs worried about customer acquisition by providing AI-powered solutions for data segmentation and automation. Future releases will include Custom Audience Tools for Meta and Google Ads, SMS Contact Import via API, and Intuit's AI Agents for QuickBooks. These updates build on Mailchimp's 2,000+ product enhancements since December 2024, aiming to create an end-to-end business platform integrating Mailchimp and QuickBooks capabilities.

Intuit (NASDAQ: INTU), the company behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced that Marianna Tessel, EVP and GM of Intuit's Small Business Group, will participate in a fireside chat at the Mizuho Technology Conference. The presentation is scheduled for June 10, 2025, in New York, NY, starting at 11:50 AM PT (2:50 PM ET). Investors can access the live audio webcast through Intuit's investor relations website, with a replay available approximately 24 hours after the presentation concludes.

Intuit (NASDAQ: INTU), a global fintech platform known for TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced that CEO Sasan Goodarzi will participate in a fireside chat at the Nasdaq Investor Conference in Partnership with Jefferies. The presentation is scheduled for June 10, 2025, at 5:00 a.m. Pacific Time (1:00 p.m. Greenwich Time) in London. Investors can access the live audio webcast through Intuit's investor relations website, with a replay available approximately 24 hours after the presentation concludes.