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Stock impact report

Analysts Stay Bullish on Intuit (INTU) After Strong Q1 Results [Yahoo! Finance]

Intuit Inc. (INTU) 
Last intuit inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.intuit.com
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:INTU) with a price target of $800 after the company reported stronger-than-expected results for the first quarter of fiscal 2026. Credit Karma beat expectations by $70 million because of strong consumer loan and credit card activity. Intuit Inc.'s (NASDAQ:INTU) Global Business Services (GBS) segment also contributed $55 million above forecasts as Payments and Payroll kept seeing strong growth despite economic moderation. This performance led to a revenue beat of about 400 basis points. Intuit Inc. (NASDAQ:INTU) slightly raised its Q2 outlook and maintained its full-year guidance. Stifel sees a strong second half for the company's fiscal year. TurboTax Live is gaining market share and this should generate strong upside within the tax business. The firm also expects GBS to continue growing in the mid-to-upper teens range, supported by healthy service usage and progress in its upmarket transition. Stifel sees Intuit Inc. (NASDAQ:INTU) as one of its “top large-cap picks.” Show less Read more
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