Mizuho Maintains Buy on Intuit, Raises Price Target to $640
Mizuho analyst Siti Panigrahi maintains Intuit (NASDAQ:INTU) with a Buy and raises the price target from $550 to $640.
Oppenheimer Maintains Outperform on Intuit, Raises Price Target to $584
Oppenheimer analyst Scott Schneeberger maintains Intuit (NASDAQ:INTU) with a Outperform and raises the price target from $474 to $584.
Barclays Maintains Overweight on Intuit, Raises Price Target to $670
Barclays analyst Raimo Lenschow maintains Intuit (NASDAQ:INTU) with a Overweight and raises the price target from $645 to $670.
Morgan Stanley Maintains Overweight on Intuit, Raises Price Target to $615
Morgan Stanley analyst Keith Weiss maintains Intuit (NASDAQ:INTU) with a Overweight and raises the price target from $511 to $615.
10 Biggest Price Target Changes For Wednesday
Wells Fargo raised the price target for Urban Outfitters, Inc. (NASDAQ: URBN) from $35 to $40. Urban Outfitters fell 5.1% to $38.65 in pre-market trading.
Wells Fargo Maintains Overweight on Intuit, Raises Price Target to $625
Wells Fargo analyst Michael Turrin maintains Intuit (NASDAQ:INTU) with a Overweight and raises the price target from $510 to $625.
Piper Sandler Maintains Overweight on Intuit, Raises Price Target to $621
Piper Sandler analyst Arvind Ramnani maintains Intuit (NASDAQ:INTU) with a Overweight and raises the price target from $498 to $621.
Recap: Intuit Q4 Earnings
Shares of Intuit (NASDAQ:INTU) moved higher in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 8.84% year over year to $1.97, which beat the estimate of $1.68.
Intuit Sees Q1 Adj. EPS $0.94-$0.99 vs $1.14 Est.
Intuit announced guidance for the first quarter of fiscal year 2022, which ends Oct. 31. The company expects:
Revenue growth of approximately 36 to 38 percent, including Credit Karma.
GAAP
Intuit Q4 Adj. EPS $1.97 Beats $1.68 Estimate, Sales $2.56B Beat $2.32B Estimate
Intuit (NASDAQ:INTU) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.68 by 17.26 percent. This is a 8.84 percent increase over earnings of $1.81 per share from the same