Intuit Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Author: Avi Kapoor | May 23, 2024 09:56am

Intuit Inc. (NASDAQ:INTU) is set to release third-quarter financial results for fiscal year 2024, after the closing bell on Thursday.

Analysts expect the Mountain View, California-based company to report quarterly earnings at $9.37 per share, up from $8.92 per share in the year-ago period. Intuit is expected to post revenue of $6.65 billion, according to data from Benzinga Pro.

On May 2, Intuit named Vasant Prabhu, former CFO and Vice Chairman of Visa, to its Board of Directors.

Intuit shares rose 0.4% to close at $670.27 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

UBS analyst Jennifer Swanson maintained a Neutral rating and increased the price target from $625 to $670 on May 20. This analyst has an accuracy rate of 68%.
Morgan Stanley analyst Keith Weiss maintained an Overweight rating and boosted the price target from $680 to $740 on May 13. This analyst has an accuracy rate of 75%.
BMO Capital analyst Daniel Jester maintained an Outperform rating with a price target of $700 on March 26. This analyst has an accuracy rate of 77%.
Barclays analyst Raimo Lenschow maintained an Overweight rating and increased the price target from $735 to $745 on Feb. 23. This analyst has an accuracy rate of 74%.
Stifel analyst Brad Reback maintained a Buy rating and raised the price target from $600 to $720 on Feb. 23. This analyst has an accuracy rate of 76%.

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Posted In: INTU