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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

Intuit QuickBooks Introduces Integrated E-Commerce Management for Product-Based Businesses Using QuickBooks Online

Rhea-AI Summary
Intuit Inc. announces new e-commerce innovations for QuickBooks Online to help small businesses manage inventory across sales channels. The features automate inventory accounting processes, sync products and orders across sales channels, spot growth opportunities, maintain accurate inventory quantity, seamlessly replenish low stock, and track costs and expenses.
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Intuit QuickBooks Survey Reveals Consumers Plan to Spend Almost Half of Holiday Budgets with Small Businesses, Representing a $125 Billion Opportunity

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A new survey commissioned by Intuit QuickBooks reveals that 42% of US consumers plan to increase their spending at small businesses this holiday season compared to last year. Total consumer spending at small businesses is expected to jump by 42% as well. Despite economic uncertainty, nearly 3 in 5 consumers believe shopping at small businesses offers a less stressful experience than shopping at big retailers.
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Intuit to Announce First-Quarter Fiscal Year 2024 Results on Nov. 28

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Intuit Inc. (Nasdaq: INTU) will announce its first-quarter financial results for fiscal year 2024 on November 28. Executives will discuss the results on a conference call at 1:30 p.m. Pacific time on November 28.
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Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation

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Intuit announces QuickBooks Bill Pay, a new solution that transforms bill pay for businesses and delivers accounts payable automation. The integration of Bill Pay with QuickBooks provides businesses with simplified vendor and contractor management, time-saving automation, and digitized record-keeping. QuickBooks Bill Pay also enhances the QuickBooks Business Network, allowing vendors to securely save payment details and track incoming payments.
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Intuit Announces its Coalfield Solar Fund First Year Winners, Building a More Sustainable Future for Virginia and West Virginia

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Intuit announces winners of Coalfield Solar Fund initiative, granting $375,000 to advance renewable energy and create new career pathways in Virginia and West Virginia.
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New Intuit QuickBooks Small Business Index Annual Report: Canadian Small Business Credit Card Spending up 18% Amidst Inflation and Funding Challenges

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Intuit releases the 2023 Intuit QuickBooks Small Business Index Annual Report, revealing the impact of macroeconomic pressures on small businesses.
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New Intuit QuickBooks Small Business Index Annual Report: US Small Business Credit Card Spending Increases 20% Post Pandemic Amid Inflation and Funding Challenges

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Intuit releases the 2023 Intuit QuickBooks Small Business Index Annual Report, revealing the impact of macroeconomic pressures on small businesses.
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New Intuit QuickBooks Small Business Index Annual Report: UK Small Business Credit Card Spending up by 22% Since the Pandemic Amidst Funding Challenges

Rhea-AI Summary
Intuit releases the 2023 Intuit QuickBooks Small Business Index Annual Report, revealing the impact of inflation and higher interest rates on small businesses' ability to create jobs and access funding.
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Intuit Mailchimp Announces Wix Partnership and New E-Commerce Features Ahead of the Holiday Shopping Season

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Intuit Mailchimp announces strategic partnership with Wix.com, new integrations, and features for holiday season marketing. Four in five customers prefer email communication. Personalization drives customer trust and engagement. Holiday season drives 21%-40% of marketers' annual revenue. Marketers see better results with focused, personalized approach. Marketers overwhelmed by personalization capabilities. Partnership with Wix allows seamless sync and organization of customer data. Buy with Prime app boosts conversions. GenAI and SMS features enable personalization at scale. Intuit Assist provides genAI-powered marketing assistance. SMS outreach and management now available. Mailchimp app available in multiple languages.
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Intuit Mailchimp and Wix Enter a Strategic Multi-Year Partnership

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Intuit Mailchimp and Wix.com announce a strategic partnership to enhance marketing capabilities and customer engagement. Users will benefit from stronger functionality and ease of use by connecting CRM data between the platforms. The integration will provide greater functionality and ease of use for self-creators using Wix and Mailchimp. Agencies and freelancers using Wix Studio will benefit from offering their clients a complete email marketing suite. The partnership will have a gradual global rollout in the U.S., Canada, and the UK.
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FAQ

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

The current stock price of Intuit (INTU) is $640.12 as of November 22, 2024.

What is the market cap of Intuit (INTU)?

The market cap of Intuit (INTU) is approximately 181.7B.

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

#60 Ranked by Market Cap
#1945 Ranked by Dividends

INTU Stock Data

181.74B
272.63M
2.89%
86.84%
1.37%
Software - Application
Services-prepackaged Software
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United States of America
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