Stock events for Intuit, Inc. (INTU)
Over the past six months, Intuit's stock has increased by 30.12%. Key events include strong fiscal 2025 results and fiscal 2026 guidance, a new $3.2 billion share repurchase authorization and a 15% dividend increase, a partnership with Clair to offer on-demand pay, and analyst adjustments to price targets.
Demand Seasonality affecting Intuit, Inc.’s stock price
Demand for Intuit's products and services exhibits seasonality, particularly influenced by tax season and holiday shopping periods. Shares of Intuit tend to rebound during tax season. The holiday season significantly impacts demand for QuickBooks, as small businesses project a substantial portion of their yearly revenue from holiday sales.
Overview of Intuit, Inc.’s business
Intuit Inc. is a multinational business software company specializing in financial software for individuals and small businesses. Its mission is to transform how people manage their businesses and financial lives. Major products and services include TurboTax, QuickBooks, Credit Karma, Mailchimp, and ProConnect.
INTU’s Geographic footprint
Intuit is headquartered in Mountain View, California, and has key offices across major U.S. cities, including Atlanta, Los Angeles, New York City, Plano, Reno, San Diego, San Francisco, Tucson, and Washington D.C. Internationally, Intuit operates in Canada (Toronto), Ireland (Dublin), the United Kingdom (London), Israel (Petach Tikva), India (Bangalore), and Australia (Sydney).
INTU Corporate Image Assessment
In the past year, Intuit has focused on strengthening its brand and has received positive recognition. Intuit launched a global QuickBooks brand platform called "Business Differently" in December 2023. In November 2024, Intuit was ranked number three on Forbes' America's Best Companies list.
Ownership
Intuit Inc. is a publicly traded company with ownership distributed among numerous shareholders. Institutional investors hold a significant portion of Intuit's shares, approximately 76% to 86% of the company. The Vanguard Group, Inc. is the largest shareholder, holding 9.8% of outstanding shares, followed by BlackRock, Inc. with 8.7%. Individual retail investors and insiders own the remaining shares, with the general public holding an estimated 11% stake.
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$657.16