Latest news with #Intuit
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8 hours ago
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Intuit CEO Sasan Goodarzi on ‘the most significant launch we've ever had in our history'
In today's CEO Daily: Diane Brady talks to Intuit CEO Sasan Goodarzi. The big story: U.S.-China trade deal. The markets: Will the S&P 500 set a new record today? Analyst notes from EY-Parthenon on 'tariff shock,' Oxford Economics on the revised Q1 GDP number, Macquarie on the 'shadow' Fed, and JPMorgan on retail stock traders. Plus: All the news and watercooler chat from Fortune. Good morning. Earlier this week, I had a chance to chat with Intuit CEO Sasan Goodarzi and play with the four AI-powered agents that are rolling out next week for Quickbooks Online. It's the first time I've seen agents deployed so effectively in handing off tasks to each other while helping humans be more productive. (I did enjoy seeing Cognizant's Babak Hodjat create multi-agent systems on the spot at the Fortune COO Summit earlier this month, but many of us will deploy agents, not create them.) Intuit has four themed agents—a customer one for spotting leads in emails, drafting emails, and tracking interactions to the point of sales; one for payments to streamline and speed up that process; another for finance, to analyze and help you boost the health of your business; and a fourth for accounting, to reconcile expenses and make your bookkeepers happy. If I'd had this a decade ago, I might have remained an entrepreneur. 'By far, this is the most significant launch we've ever had in our history because it's end-to-end,' Goodarzi told me. 'The fact that we have launched a virtual team that can do a lot of work, from managing your leads to making sure you get paid and your accounting is done, and it's a combination of AI and humans doing the work. It's been in the works for six years.' 'It's not about workflows,' he said. 'It's about a business feed that does everything for the customer while they're always in control. And it's not just about technology; it's also about human expertise because, in our world, even Millennials, they want the reassurance of a human.' When I asked Goodarzi to reflect on what this means for the identity of a company that most associate with taxes and accounting, he said: 'I want us to be known as the money company because of how we help businesses and consumers.'More news CEO Daily via Diane Brady at This story was originally featured on
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17 hours ago
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Intuit Hits All-Time High of $775.36; Analyst Upgrades Fuel Rally
Intuit (INTU, Financials) hit a record high of $775.36 Friday; the stock is up 19.41% over the past year, backed by strong financials and upbeat analyst sentiment. The company reported a gross margin of 80.26%; revenue rose 15% year over year. Warning! GuruFocus has detected 3 Warning Signs with ISRG. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows Analysts are raising price targets; Mizuho went to $875; Stifel to $850; BMO reaffirmed $820; CLSA opened at $900. The bullish calls reflect optimism in QuickBooks, AI tools, and the global business segment. With low churn, higher pricing, and platform expansion, analysts see more room to run; Intuit's R&D push is also viewed as a long-term growth lever. This article first appeared on GuruFocus.
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19 hours ago
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Bet on These 4 Top-Performing Liquid Stocks for Solid Gains
Liquidity indicates a company's capability to meet debt obligations by converting its assets into liquid cash and equivalents. A company with adequate liquidity always has the potential to deliver higher returns, as stable financial resources can drive business growth. Investors may want to consider adding four top-ranked stocks, such as Intuit Inc. INTU, Nova Ltd. NVMI, Newmont Corporation NEM and Pagaya Technologies Ltd. PGY to their portfolio to boost returns. However, one should be careful about investing in a stock with a high liquidity level. High liquidity may also indicate that the company is unable to utilize its assets effectively. Besides sufficient cash in hand, an investor might also consider a company's capital deployment abilities before investing in the stock. A healthy company with favorable liquidity may prove to be a profitable pick. Current Ratio: It measures current assets relative to current liabilities. The ratio gauges a company's potential to meet short- and long-term debt obligations. A current ratio — the working capital ratio — below 1 indicates that the company has more liabilities than assets. A high current ratio does not always suggest that the company is in good financial shape. It may also indicate that the firm failed to utilize its assets significantly. Hence, a range of 1-3 is considered ideal. Quick Ratio: Unlike the current ratio, the quick ratio — the 'acid-test ratio' or 'quick assets ratio' — indicates a company's ability to pay short-term obligations. It considers inventory, excluding current assets, relative to current liabilities. A quick ratio of more than 1 is desirable, like the current ratio. Cash Ratio: This is the most conservative ratio among the three, considering cash and cash equivalents and invested funds relative to current liabilities. It measures a company's ability to meet existing debt obligations using the most liquid assets. Though a cash ratio of more than 1 may suggest sound financials, a higher number may indicate inefficiency in cash utilization. A ratio greater than 1 is always desirable but may not always represent a company's financial condition. To pick the best of the lot, we have added asset utilization — a widely used measure of a company's efficiency — as one of the screening criteria. Asset utilization is the ratio of total sales in the past 12 months to the last four-quarter average of total assets. Though this ratio varies across industries, companies with a ratio higher than their industries can be considered efficient. We added our proprietary Growth Score to the screen to ensure these liquid and efficient stocks have solid growth potential. Current Ratio, Quick Ratio, and Cash Ratio between 1 and 3: While liquidity ratios greater than 1 are desirable, significantly high ratios may indicate inefficiency. Asset utilization is more significant than the industry average: Higher asset utilization than the industry average indicates a company's efficiency. Zacks Rank equal to #1: Only Strong Buy-rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here. Growth Score less than or equal to B: Back-tested results show that stocks with a Growth Score of A or B handily beat other stocks when combined with a Zacks Rank #1 or 2 (Buy). These criteria have narrowed the universe of more than 7,700 stocks to only 10. Here are four of the 10 stocks that qualified the screen: Intuit is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, consumers and accounting professionals globally. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. The introduction of Intuit Assist, a generative AI-powered financial assistant, underscores INTU's AI push. Intuit is embedding AI across key products like TurboTax, QuickBooks, Credit Karma and Mailchimp. Intuit's third-quarter fiscal 2025 revenues of $7.75 billion beat the consensus mark by 2.78% and increased 15.1% year over year. QuickBooks Online Accounting revenues were up 21% year over year to $1.04 billion, driven by higher effective prices, customer growth, and mix-shift. Online Services revenues, which include payroll, payments, time tracking and capital, jumped 18% year over year to $1.05 billion, driven by growth in money and payroll offerings. The Credit Karma business contributed $579 million to Intuit's fiscal third-quarter total revenues, which increased 30.7% year over year, driven by strength in credit cards, personal loans and auto insurance. The Zacks Consensus Estimate for INTU's fiscal 2025 earnings is pegged at $20.06 per share, unchanged in the past seven days. The company has a Growth Score of B and a trailing four-quarter earnings surprise of 12.15%, on average. Nova is an Israel-based provider of advanced metrology and advanced process control solutions. The company stands to gain from solid growth seen in the semiconductor manufacturing capacity, owing to increasing demand for AI applications. NVMI is witnessing higher demand for its solutions in Gate-All-Around and advanced packaging process steps. The acquisition of Sentronics is expected to drive revenues as the company transitions to direct sales in some of the main markets. Revenues surged 50% year over year in the first quarter of 2025 driven by higher sales of dimensional metrology. The Zacks Consensus Estimate for NOVA's 2025 earnings is pegged at $8.47 per share, unchanged in the past seven days. The company has a Growth Score of B and a trailing four-quarter earnings surprise of 8.1%, on average. Newmont Corporation is one of the world's largest producers of gold with several active mines in Nevada, Peru, Australia and Ghana. The company is the only gold producer listed on the S&P 500 Index. It also produces copper, silver, zinc and lead. Newmont continues to invest in growth projects and remains focused on driving shareholder value. The company is pursuing several projects, including Tanami Expansion 2 in Australia, the Ahafo North expansion in Ghana and Cadia Panel Caves in Australia. Newmont also remains committed to divesting non-core businesses as it shifts its strategic focus to Tier 1 assets. In April 2025, Newmont completed the sale of its Akyem operation in Ghana and its Porcupine operation in Canada, successfully executing its divestiture program announced in February 2024. In March 2025, it announced the successful completion of the previously announced sales of three non-core assets, namely the Musselwhite and Eleonore operations in Canada and the Cripple Creek & Victor ("CC&V") operation in Colorado, USA. The acquisition of Newcrest is expected to generate significant synergies. The Zacks Consensus Estimate for 2025 earnings is pegged at $4.32 per share, up 14 cents in the past seven days. NEM has a Growth Score of B and a trailing four-quarter earnings surprise of 32.41%, on average. Pagaya Technologies is focused on building AI infrastructure for the financial ecosystem and has offices in New York and Tel Aviv. The company is expanding beyond personal loans, moving into auto lending and point-of-sale (POS) financing. This diversification will decrease exposure to cyclical risk in any single loan category, making the business more stable across economic cycles. In the last reported quarter, total revenues and other income of $290 million jumped 18% year over year, driven by a 19% increase in revenues from fees. For the current quarter, Network Volume is expected to be between $2.3 billion and $2.5 billion. Total revenues and other income is forecast to be between $290 million and $310 million. The Zacks Consensus Estimate for PGY's 2025 earnings is pegged at $2.45 per share, unchanged in the past seven days. The company has a Growth Score of A and a trailing four-quarter earnings surprise of 12.91%, on average. Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software. The Research Wizard is a great place to begin and easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in and see what gems come out. Click here to sign up for a free trial of the Research Wizard today. Disclosure: Officers, directors and employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies is available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report Nova Ltd. (NVMI) : Free Stock Analysis Report Pagaya Technologies Ltd. (PGY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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21 hours ago
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Salesforce.com (CRM) Up 1.4% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for (CRM). Shares have added about 1.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, estimates review have trended upward during the past month. Currently, has a strong Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. belongs to the Zacks Computer - Software industry. Another stock from the same industry, Intuit (INTU), has gained 2.1% over the past month. More than a month has passed since the company reported results for the quarter ended April 2025. Intuit reported revenues of $7.75 billion in the last reported quarter, representing a year-over-year change of +15.1%. EPS of $11.65 for the same period compares with $9.88 a year ago. For the current quarter, Intuit is expected to post earnings of $2.65 per share, indicating a change of +33.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.1% over the last 30 days. Intuit has a Zacks Rank #1 (Strong Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Salesforce Inc. (CRM) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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a day ago
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Oracle vs. Intuit: Which Enterprise Software Giant Should You Bet On?
Two enterprise software giants are commanding investor attention as artificial intelligence reshapes the business solutions landscape. Oracle ORCL, the database and cloud infrastructure stalwart, and Intuit INTU, the financial technology platform behind TurboTax and QuickBooks, represent different approaches to serving enterprise and small-to-medium business markets. Both companies have demonstrated strong financial performance and are integrating AI capabilities across their platforms to drive Oracle focuses on large enterprise customers with comprehensive cloud infrastructure and database solutions, Intuit specializes in financial software for consumers and small businesses, leveraging its data-rich platform to deliver AI-powered experiences. Both companies are experiencing robust demand for their AI-enhanced offerings, with Oracle's cloud infrastructure seeing massive uptake from AI workloads and Intuit expanding its done-for-you AI agents across tax preparation and business management delve deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now. Oracle's transformation into a cloud-first company continues gaining momentum, with the company reporting impressive growth metrics across its infrastructure and applications segments. The company's fourth-quarter results showed total cloud revenues growing 27% to $6.7 billion, while infrastructure-as-a-service revenues surged 52% to $3 billion. Oracle's remaining performance obligations reached $138 billion, representing a 41% increase year over year, providing strong revenue company's competitive advantage lies in its differentiated cloud infrastructure designed specifically for enterprise workloads. Oracle's multi-cloud strategy, allowing customers to run Oracle databases across various cloud platforms, including Azure, Google Cloud, and AWS, addresses a critical market need for flexibility. This approach is driving significant database migration to the cloud, with Oracle 23 AI serving as an AI data platform that enables enterprises to leverage their proprietary data with popular large language Oracle faces challenges in scaling its infrastructure to meet astronomical demand. Management acknowledged having to turn away customers due to capacity constraints, and the company plans to increase capital expenditures to more than $25 billion in fiscal 2026. While this represents a significant investment opportunity, it also pressures near-term cash flows and margins. Additionally, Oracle operates in an intensely competitive cloud infrastructure market dominated by Amazon Web Services, Microsoft Azure, and Google Cloud, requiring continuous innovation and substantial capital allocation to maintain its market Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $6.71 per share, up 1.1% over the past 30 days. Oracle Corporation price-consensus-chart | Oracle Corporation Quote Find the latest earnings estimates and surprises on Zacks Earnings Calendar. Intuit represents a compelling growth story fueled by its AI-driven transformation of financial software solutions. The company's strategic focus on serving the entire spectrum from consumers to mid-market businesses through an integrated platform creates multiple expansion opportunities. Recent quarterly results demonstrated this momentum, with revenue growing 15.1% and the company raising full-year guidance based on strong performance across all company's Generative AI Operating System provides a significant competitive moat, enabling breakthrough done-for-you experiences that automate complex tasks for customers. Intuit's recent partnership with Google Cloud enhances tax preparation capabilities, while its upcoming AI agents for customer management, payments, finance, and accounting promise to revolutionize small business operations. The acquisition of GoCo strengthens Intuit's human capital management offerings, positioning the company as a comprehensive business recurring revenue model, with 77% of total revenues coming from subscriptions, provides exceptional business stability and predictability. The company's TurboTax Live segment is experiencing remarkable growth, with customer growth expected at 24% and revenue growth at 47% for the fiscal year. Credit Karma's 31% revenue growth in the third quarter demonstrates successful expansion beyond core tax and accounting services. The mid-market opportunity through Intuit Enterprise Suite represents a substantial growth catalyst, as the company leverages its AI capabilities to serve businesses with $2.5 million to $100 million in annual revenues. This market expansion, combined with the company's strong cash generation and disciplined capital allocation, positions Intuit for sustained double-digit growth. The Zacks Consensus Estimate for fiscal 2025 earnings is pegged at $20.06 per share, up 0.4% over the past 30 days. Intuit Inc. price-consensus-chart | Intuit Inc. Quote Both Oracle and Intuit trade at premium valuations reflecting their strong market positions and growth prospects. Oracle has demonstrated superior stock performance with shares gaining 27.7% year to date, outpacing Intuit's 23% rise and the broader Zacks Computer and Technology sector. Image Source: Zacks Investment Research However, Intuit commands a significant valuation premium with a price-to-sales ratio of 10.4x compared to Oracle's 8.89x multiple. Intuit commands an even higher valuation multiple, justified by its predictable subscription revenue model and expanding total addressable market. Image Source: Zacks Investment Research Intuit emerges as the superior investment opportunity for the second half of 2025, offering better upside potential through its comprehensive AI-driven platform strategy, diversified revenue streams, and expanding market opportunity. The company's recurring revenue model provides greater stability, while its focus on serving the underserved small-to-medium business market presents a larger growth runway compared to Oracle's enterprise-focused approach. Intuit's successful integration of AI across tax preparation, accounting, and business management creates multiple monetization opportunities with higher margins than Oracle's capital-intensive infrastructure business. Investors should buy Intuit stock to capitalize on its accelerating growth trajectory, while holding Oracle or waiting for a better entry point, given its substantial capital requirements and competitive pressures in cloud currently sports a Zacks Rank #1 (Strong Buy), whereas ORCL has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oracle Corporation (ORCL) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
