Ali Hassan
2 min read
In This Article:
On May 23, BMO Capital lifted the price target on Intuit Inc. (NASDAQ:INTU) stock from $714 to $820, keeping its Outperform rating on the shares.
Daniel Jester from BMO Capital raised INTU’s price target after the company delivered strong Q3 2025 results and increased its FY2025 guidance. Intuit Inc. (NASDAQ:INTU) posted a 15% revenue growth year-over-year, achieving a total revenue of around $7.8 billion, exceeding estimates by $192 million. Driven by strong performance across its platforms, the company experienced 47% revenue growth in the TurboTax Live business and a 31% rise in the Credit Karma business. The robust growth across the Karma business was driven by an increase in credit cards, personal loans, and auto insurance.
A professional tax preparer, using a laptop to complete an income tax return.
Intuit Inc. has raised its guidance for all its company metrics, including revenue, operating income, operating margin, and earnings for FY2025. The company now expects a 15% revenue growth this year from the previous guidance of 12-13%. Jester remains optimistic about INTU after the guidance upgrade and believes that the consumer segment growth is trending towards 10% this year, driven by Intuit’s TurboTax Live.
Intuit Inc. (NASDAQ:INTU) is a leading financial technology firm that offers financial management, compliance, and marketing products and services to consumers and small and mid-market businesses. It operates through four segments, including Credit Karma, Consumer, Small Business & Self-Employed, and ProTax.
While we acknowledge the potential of INTU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTU and that has 100x upside potential, check out our report about this cheapest AI stock.
Read Next: 30 Best Stocks to Buy Now According to Billionaires and 15 Small-Cap Healthcare Stocks Hedge Funds Are Buying.
Disclosure. None.
