Mizuho Securities Affirms Outperform Rating on Intuit (INTU)
On May 27, Mizuho Securities reiterated an Outperform rating on Intuit Inc.’s (NASDAQ:INTU) and maintained a price target of $825. The firm expects the company to benefit from the price hikes that are significantly higher than historical trends.
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According to the analyst firm, the projected price hikes strengthen Intuit’s prospects of achieving higher revenue growth targets of between 15% and 20%. In addition, it expects the introduction of standalone artificial intelligence agent stock-keeping units to offer unique cross-selling opportunities within the current customer base.
Intuit is positioning itself as a one-stop shop for artificial intelligence agents. That was the catalyst behind the company delivering strong third-quarter 2025 results. Revenue was up 15% year over year to $7.8 billion as operating income increased 17% to $4.3 billion. Consequently, the company posted diluted earnings per share of $11.65, up 18% year over year.
Management also lifted the full-year fiscal 2025 revenue growth guidance to 15% from the initial guidance of 12%. It also expects fourth-quarter revenue to range between $3.72 billion and $3.760 billion, representing a growth of between 17% and 18%. According to Mizuho, the guidance upgrade will bolster investor confidence in the stock and affirm sustained growth.
Intuit Inc. is a technology company that provides financial management, compliance, and marketing products and services. Its Small Business & Self-Employed segment provides QuickBooks services that include financial and business management online services.
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