Intuit Inc. (NASDAQ:INTU) is one of the Good Stocks to Buy According to Analysts. Wall Street maintains a positive outlook on Intuit Inc. (NASDAQ:INTU) since its fiscal Q1 2026 earnings report, announced on November 20.
Recently, on November 24, Siti Panigrahi from Mizuho Securities reiterated a Buy rating on the stock with a $875 price target. Earlier on November 21, Michael Turrin from Wells Fargo also reiterated a Buy rating on the stock, but lowered the price target from $880 to $840.
Intuit Inc. (NASDAQ:INTU) grew its quarterly revenue by 18.34% year-over-year to $3.89 billion, surpassing estimates by $126.20 million. Moreover, the EPS of $3.34 also topped estimates by $0.25. Management attributed growth to increased Global Business Solution revenue, which grew 18% to reach $3 billion. Notably, the GAAP operating income also grew 97% year-over-year to $534 million.
In addition, management also released its Q2 2026 and full-year outlook. The company expects to grow Q2 2026 revenue by 14% to 15%. The full-year revenue is anticipated between $20.99 billion – $21.19 billion, slightly below Wall Street’s expectation of $21.15 billion at mid-point.
Intuit Inc. (NASDAQ:INTU) is a software company that provides a wide variety of finance-related services such as business management, payroll management, marketing automation, and customer relationship management.
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Disclosure: None. This article is originally published at Insider Monkey.
