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Intuit Inc - INTU STOCK NEWS

Welcome to our dedicated page for Intuit news (Ticker: INTU), a resource for investors and traders seeking the latest updates and insights on Intuit stock.

Intuit Inc. (INTU) is a leading American business software company based in Mountain View, California. Founded in the mid-1980s, Intuit specializes in providing financial software solutions that cater to small businesses, personal finance, and tax-filing needs. The company is currently helmed by CEO Sasan Goodarzi.

Intuit's flagship products include QuickBooks, which is widely recognized as the go-to accounting software for small businesses. QuickBooks helps manage expenses, track sales, and generate financial reports. For individuals, Intuit offers TurboTax, a popular do-it-yourself tax-filing software that simplifies the tax preparation process. Additionally, Intuit provides Lacerte, a professional tax software designed for tax professionals and accounting firms.

Intuit has a substantial market share in the U.S., particularly in the small-business accounting and tax-filing segments. The company's recent achievements include the continuous enhancement of its software offerings, incorporation of AI-driven features to improve user experience, and expansion of its cloud-based services. Intuit also engages in strategic partnerships and acquisitions to broaden its product portfolio and market reach.

The financial condition of Intuit remains robust, with consistent revenue growth and a strong balance sheet. The company's stock performance reflects its leadership in the financial software market and its ability to innovate and meet customer needs.

News

MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses

Rhea-AI Summary
Intuit is hosting Intuit Innovation Day to showcase how they are leveraging generative AI to transform their platform and products.
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0.18%
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Intuit CFO Sandeep Aujla to Present at Goldman Sachs Conference

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Intuit CFO to present at Goldman Sachs Communacopia + Technology Conference on September 6, 2023.
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0.23%
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Intuit Executive Mark Notarainni to Present at Citi Global Technology Conference

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Intuit's executive VP to present at Citi Global Technology Conference on Sep 6, 2023.
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0.23%
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Intuit Reports Strong Fourth Quarter and Full Year Results; Sets Fiscal 2024 Guidance

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Intuit Inc. reports 13% full year revenue growth and strong performance in Q4. Small Business and Self-Employed Group revenue grew 24%. GAAP earnings per share increased 16% to $8.42. Non-GAAP earnings per share increased 22% to $14.40. Intuit expects 11-12% revenue growth for fiscal year 2024.
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4.12%
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MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses

Rhea-AI Summary
Intuit hosting virtual event to showcase how they are leveraging generative AI to transform customer experiences and power prosperity for consumers and small businesses.
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0.47%
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Intuit Names Marianna Tessel General Manager of Small Business and Self-Employed Group

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Intuit Inc. (INTU) promotes Alex Balazs to Chief Technology Officer and appoints Marianna Tessel as General Manager of its Small Business and Self-Employed Group, succeeding Alex Chriss who will be the new CEO of PayPal. Tessel, a proven transformational leader, has been instrumental in accelerating Intuit's innovation and growth. She has reshaped the company into a world-class innovative SaaS platform and overseen the development of Intuit's groundbreaking GenOS, the company's generative AI operating system. Balazs has been a key architect of Intuit's modern technology stack and has led successful efforts to accelerate developer velocity. Both appointments are effective September 5, 2023.
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Intuit to Announce Fourth-quarter and Full-year Fiscal 2023 Results on Aug. 24; Investor Day Set for Sept. 28

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3.08%
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Intuit Launches New QuickBooks Workforce Mobile App

Rhea-AI Summary
Company: UnifyHR - New streamlined features for employees to track work hours and pay in one place. UnifyHR introduces integrated tools for work hour tracking, scheduling, and paid time off, reducing frustration and uncertainty for employees. The update aims to streamline processes and improve efficiency, benefiting both small and larger businesses.
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Intuit Supercharges Intuit GenOS with OpenAI’s Large Language Models to Bring GenAI Experiences to Customers

Rhea-AI Summary
Intuit is collaborating with OpenAI to accelerate the development of its generative AI operating system (GenOS) in order to create personalized user experiences for its customers. This partnership aims to leverage Intuit's financial large language models (LLMs) and OpenAI's GPT 3.5 and 4.0 to build intelligent and secure GenAI-powered experiences across Intuit's fintech products.
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Intuit Names Mark Notarainni General Manager of Consumer Group

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FAQ

What is the current stock price of Intuit (INTU)?

The current stock price of Intuit (INTU) is $597.95 as of January 24, 2025.

What is the market cap of Intuit (INTU)?

The market cap of Intuit (INTU) is approximately 167.8B.

What does Intuit Inc. do?

Intuit Inc. specializes in providing financial software solutions for small businesses, personal finance, and tax-filing needs.

Who is the CEO of Intuit Inc.?

The CEO of Intuit Inc. is Sasan Goodarzi.

What are Intuit's main products?

Intuit's main products include QuickBooks for small business accounting, TurboTax for personal tax solutions, and Lacerte for professional tax services.

Where is Intuit Inc. headquartered?

Intuit Inc. is headquartered in Mountain View, California.

When was Intuit founded?

Intuit was founded in the mid-1980s.

What market share does Intuit control?

Intuit controls the majority of the U.S. market share for small-business accounting and do-it-yourself tax-filing software.

What recent achievements has Intuit accomplished?

Recent achievements include continuous software enhancements, AI-driven feature integration, and expansion of cloud-based services.

How is Intuit's financial condition?

Intuit's financial condition is robust, with consistent revenue growth and a strong balance sheet.

Does Intuit engage in partnerships and acquisitions?

Yes, Intuit engages in strategic partnerships and acquisitions to expand its product portfolio and market reach.

What is QuickBooks?

QuickBooks is Intuit's accounting software designed to help small businesses manage expenses, track sales, and generate financial reports.
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Intuit Inc

Nasdaq:INTU

INTU Rankings

#67 Ranked by Market Cap
#1945 Ranked by Dividends

INTU Stock Data

167.83B
272.77M
2.89%
86.77%
1.37%
Software - Application
Services-prepackaged Software
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United States of America
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