Mountain View, CA – Intuit Inc. (NASDAQ: INTU), the financial technology powerhouse behind TurboTax and QuickBooks, continued its impressive market performance today, closing with a significant gain. The company’s stock finished the session at 10.94, or 1.41%.
Today’s strong showing is part of a sustained upward trend that highlights robust investor confidence in the software giant. INTU stock has demonstrated consistent positive momentum across all timeframes, rising 3.60% over the last month and an impressive 24.81% over the past six months. The year-to-date (YTD) gain stands at a formidable 23.61%.
This powerful rally is fueled by the enduring strength of Intuit’s ecosystem of financial tools for consumers and small businesses. The company’s subscription-based model, anchored by its dominant QuickBooks accounting software, provides a reliable and growing revenue stream. The successful integration of its major acquisitions, including personal finance platform Credit Karma and email marketing leader Mailchimp, has further solidified its position as an indispensable platform for small and medium-sized businesses.
For long-term shareholders, the performance has been nothing short of spectacular. The stock has delivered a 164.75% return over the past five years, showcasing its ability to consistently innovate and execute. As the digital transformation of finance continues, Intuit is perfectly positioned to capitalize on the trend, cementing its status as a premier blue-chip technology investment.
Frequently Asked Questions (FAQ) about Intuit Inc. (INTU)
1. What is the stock ticker for Intuit Inc.?
Intuit trades on the Nasdaq Stock Market under the ticker symbol INTU.
2. How did Intuit stock perform today?
INTU stock closed at $787.51, a strong gain of 1.41% for the day. This continues a very positive trend for the stock.
3. What does Intuit do?
Intuit is a global financial technology company. It develops and sells software for small businesses, accountants, and individuals. Its flagship products are central to the financial lives of millions.
4. What are Intuit’s most well-known products?
Intuit’s ecosystem includes several market-leading brands:
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QuickBooks: Accounting software for small and medium-sized businesses.
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TurboTax: Tax preparation software for consumers.
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Credit Karma: A personal finance platform offering credit scores, reports, and financial product recommendations.
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Mailchimp: An email marketing and automation platform.
5. How has Intuit stock performed this year?
The stock has had an excellent year, with a year-to-date (YTD) gain of 23.61%.
6. Why is Intuit’s stock performing so well?
The strong performance is driven by its dominant market position, a successful transition to a recurring subscription revenue model, strong growth in its small business segment, and the successful integration of major acquisitions that have expanded its service offerings.
7. Does Intuit (INTU) pay a dividend?
Yes, Intuit pays a regular quarterly dividend, making it attractive to investors seeking a combination of both growth and income.
8. How does the 6-month performance compare to the 1-year?
The stock is up 24.81% in the last six months and 20.77% over the last year. This indicates that the stock’s momentum has significantly accelerated in the most recent six-month period.
9. Who are Intuit’s main competitors?
Competition varies by segment. In tax preparation, it competes with H&R Block. In small business accounting, its competitors include Xero and Sage. For marketing, it competes with companies like HubSpot.
10. What does the 5-year return of over 164% mean for investors?
This demonstrates exceptional long-term growth. It means that an investment in Intuit five years ago has much more than doubled in value, rewarding long-term shareholders for their confidence in the company’s strategy and execution.
11. What was the previous closing price for INTU?
According to the chart data, the previous day’s closing price was $776.57.
12. What is the significance of the astronomical “All time” return?
The all-time return of over 34,000% (34.26K%) illustrates Intuit’s incredible journey from an early software pioneer to a dominant, multi-billion dollar financial technology platform.
