Get started
Intuit Inc.Intuit Inc.Intuit Inc.

Intuit Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

ITU trade ideas

Intuit ($INTU) Reported Q3 Financial Reports Shares Down 7.87%Intuit, the maker of tax filing software TurboTax, reported a rise in third-quarter revenue and raised its annual forecasts due to demand for its AI-powered financial products during a robust tax season. The company's tax-preparation software, personal finance portal Credit Karma, and accounting software QuickBooks are in high demand from small businesses and individuals for managing their finances. Intuit ( NASDAQ:INTU ) also offers AI-powered Intuit Assist, which helps small businesses and customers make financial decisions with personalized recommendations. The company now expects annual revenue between $16.16 billion and $16.20 billion, compared with its prior range of $15.89 billion to $16.11 billion. The mid-point of its updated annual revenue outlook was above analysts' average estimate of $16.05 billion. Intuit ( NASDAQ:INTU ) forecasted revenue between $3.06 billion and $3.10 billion for the fourth quarter, compared with estimates of $3.04 billion. In the third quarter, revenue at its consumer group grew 9% to $3.7 billion, while revenue at its small business and self-employed group rose 18% to $2.4 billion.
NASDAQ:INTU
by DEXWireNews
5/23/24 - $intu - probably a beat, but this horse is exhausted5/23/24 - vrockstar - NASDAQ:INTU - great name, obviously, but nearly 40x earnings is a tough spot for me to get excited. one interesting chart is if you plug in "INTU/QQQ" to your trading view and notice the stock hasn't broken out vs. the nasdaq (it's traded flat at best) for the last 5 years (since 2019). that's to say, it's great performance, but if you're looking at longevity of px exposure to the upside, this might not be the best horse unless you're a diversified investor (and that's not my approach, i go large on single names that can offer outsized returns). typing these notes to myself so i don't have to repeat work when i come back to them - but sharing these days in case they're helpful. sidelines for me on this one, gl to the owners. the risk/reward simply doesn't make enough sense for me to believe i should be buying here into the print
NASDAQ:INTU
by VROCKSTAR
3
INTU Intuit Options Ahead of EarningsIf you haven't bought INTU ahead of the previous earnings: Then analyzing the options chain and the chart patterns of INTU Intuit prior to the earnings report this week, I would consider purchasing the 560usd strike price Puts with an expiration date of 2023-12-1, for a premium of approximately $11.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:INTUShort
by TopgOptions
IRS -- Friend or foeThe IRS's recent announcement of direct tax filing services in 13 states poses a direct and significant threat to Intuit Inc.'s (INTU) core business, specifically its tax preparation software and services. This government-backed initiative not only erodes the competitive advantage enjoyed by Intuit but also undermines its revenue stream in the affected states. As a result, we anticipate a decline in INTU's stock price over the medium term, reflecting the growing uncertainty surrounding its future earnings potential in these regions. Shorting INTU allows investors to capitalize on this imminent competitive disruption and potential reduction in market share Targets: $484 $429
NASDAQ:INTUShort
by Helios_Capital_Investment
Intuit to find buyers at previous resistance?Intuit - 30d expiry - We look to Buy at 507.51 (stop at 491.51) Price action continues to trade around significant highs. The primary trend remains bullish. Short term momentum is bullish. Previous resistance located at 505. Previous resistance at 505 now becomes support. We look to buy dips. Our profit targets will be 547.51 and 552.51 Resistance: 550.00 / 560.00 / 570.00 Support: 534.60 / 520.00 / 505.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
NASDAQ:INTULong
by VantageMarkets
INTU - Rising Trend Channel [MID-TERM]🔹Rising trend channel in the medium long term. 🔹In case of a NEGATIVE reaction, the stock has support at approximately 490. 🔹Short-term trading range has been positively signaled by breaking a resistance level. 🔹The RSI is showing a Bearish Divergence against the price, indicating a potential downward reaction. 🔹Technically positive for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:INTULong
by wavepoint99
Intuit: Trust Your Gut 😊After it had started the ongoing descent so confidently at first, Intuit has been struggling in a sidewards movement. Now, the share should trust its gut and decide or rather intuit – pardon the pun! – to continue its journey to the south. We expect the course to drop below the support at $339.36, where it should complete wave B in green at about $303.29 before taking off again. Alternatively, Intuit could have already finished wave alt.B in green and thus climb above the resistance at $457.94 by now. We rate this alternative scenario with a probability of 38%.
NASDAQ:INTU
by MarketIntel