Intuit Stock Target Price and Analyst Consensus

INTU Stock  USD 635.49  4.61  0.73%   
The current analyst and expert consensus on Intuit is Strong Buy with 7 buy recommendations. The current projected Intuit target price consensus is 533.67, with 27 analyst opinions. The most common way Intuit Inc analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Intuit executives, vendors, and/or customers. Intuit buy-or-sell recommendation module provides average expert sentiment on the projected Intuit Inc target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Intuit to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
485.64
Highest Forecast
592.37
Target Price
533.67
Gross Profit is likely to gain to about 13.6 B in 2024, whereas Pretax Profit Margin is likely to drop 0.14 in 2024. At this time, Intuit's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 503.5 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (47 M).
  
It's important to approach Intuit's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Intuit price targets

Intuit's stock target price is an estimate of its future price, usually made by analysts. Using Intuit's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Intuit's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Intuit's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Intuit Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Intuit is a key component of Intuit valuation and have some predictive power on the future returns of a Intuit.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intuit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
633.97635.49637.01
Details
Intrinsic
Valuation
LowRealHigh
583.39584.91699.04
Details
Naive
Forecast
LowNextHigh
629.66631.18632.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
9.329.379.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Intuit. Your research has to be compared to or analyzed against Intuit's peers to derive any actionable benefits. When done correctly, Intuit's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Intuit Inc.

Trending Themes

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When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:
Check out Macroaxis Advice on Intuit to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Intuit Stock analysis

When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.
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The data published in Intuit's official financial statements usually reflect Intuit's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Intuit Inc. For example, before you start analyzing numbers published by Intuit accountants, it's critical to develop an understanding of what Intuit's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Intuit's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Intuit's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Intuit's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Intuit Inc. Please utilize our Beneish M Score to check the likelihood of Intuit's management manipulating its earnings.