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Intuit Inc. (INTU)

Infravalorada
TechnologySoftware - ApplicationUnited States

Fundamental

82

Precio

$275.71

Capitalización Bursátil

$74.06B

Parte 1 · Cuánto vale la empresa

Resumen

Intuit sells financial software that individuals, small businesses and accountants use every year: TurboTax for filing taxes, QuickBooks for bookkeeping and payroll, Credit Karma for free credit scores and financial product matching, and ProSeries/Lacerte for professional tax preparers. Nearly every U.S. small business and a large share of American taxpayers touch at least one of its products, giving Intuit a footprint few competitors can match across both consumer and small-business finance.

Cómo genera ingresos

Most revenue is subscription: QuickBooks and payroll customers pay monthly fees, and TurboTax charges per tax return with pricier tiers for live human help. Credit Karma earns differently — it is free to use and paid instead by banks, lenders and insurers for successful referrals, so its revenue rises and falls with how much those partners are willing to spend on customer acquisition. Intuit is highly seasonal: a large share of consumer revenue lands in the January–April tax season.

Ingresos por segmento

Global Business Solutions59%

QuickBooks accounting and payroll software plus Mailchimp email marketing, sold mainly to small and mid-sized businesses on subscription.

Consumer26%

TurboTax tax-filing software for individuals, priced from free simple returns up to paid tiers with live expert review.

Credit Karma12%

A free platform that shows users their credit score and matches them with credit cards, loans and insurance, earning referral fees from those lenders.

ProTax3%

Tax preparation software sold to professional accountants and tax preparers who file returns on behalf of clients.

Ventaja competitiva

Costes de cambio · Amplia

QuickBooks holds years of a small business's accounting history, bank feeds and accountant relationships, so switching means re-entering data and retraining staff — a cost most owners avoid paying. TurboTax benefits from the same inertia at the consumer level: once a return is filed correctly, most people return the following year rather than start over elsewhere.

Qué impulsa la demanda

Moderadamente cíclico

Tax filing happens every year almost regardless of the economy, which anchors the Consumer and ProTax segments. QuickBooks and Credit Karma are more sensitive to the cycle: small-business formation slows in a downturn, and Credit Karma's revenue depends on how aggressively banks and lenders are marketing for new borrowers, which they pull back sharply when credit conditions tighten.

Riesgos clave

  • Free government tax filing — The IRS's own free electronic filing option and other no-cost preparers compete directly with TurboTax's paid tiers, threatening the segment that funds much of Intuit's marketing and profit.
  • Credit Karma tied to lender ad budgets — Credit Karma earns money only when banks, card issuers and insurers pay for referrals; when those partners tighten lending or cut marketing spend, Credit Karma's revenue can fall quickly.
  • Data security across sensitive financial records — Intuit stores tax returns, bank connections and payroll data for tens of millions of people and businesses; a breach would be especially damaging given how sensitive that information is.
  • Segment reorganization underway — Intuit folded Consumer, Credit Karma and ProTax into a single reporting unit starting fiscal 2026, so investors comparing future results to the segment figures cited here should expect a break in the series.

Los argumentos a favor

Buyers argue that QuickBooks' grip on small-business bookkeeping and TurboTax's habitual annual use give Intuit durable pricing power, and that AI-driven features can raise revenue per customer across all four segments at once.

Los argumentos en contra

Sellers worry that free filing alternatives cap TurboTax's growth, that Credit Karma's revenue is really a lender-marketing budget that can be cut overnight, and that QuickBooks faces rising competition from cheaper accounting tools built for very small businesses.

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance y Liquidez

Ingresos

$21.45B

Últimos 12 meses (hasta 31/7/2026)

Beneficio Neto

$4.57B

Últimos 12 meses (hasta 31/7/2026)

Flujo de Caja Libre

$8.66B

Patrimonio Neto Total

$18.99B

Pasivo Total

$17.79B

Ratio de Liquidez

1.51

Cobertura de Intereses

22.98

Deuda/EBITDA

1.23

Beneficio Por Acción

Ingresos y Beneficio Neto

Flujo de Caja Libre

Desglose de Ingresos

Estado histórico

Márgenes en el tiempo

La deuda en el tiempo

Cuánto pesa la deuda

Cuadro de crecimiento

Crecimiento — Ingresos

Estimación de Valor Justo

Caso generalInfravalorado

Valor Justo

$505.37

Precio Actual

$275.71

Margen de Seguridad

+45.4%

Rango de Valor Justo

$328.49 - $682.25

Dispersión entre los métodos de valoración utilizados, no un intervalo de confianza calibrado estadísticamente.

Métodos de Estimación

Precio objetivo de los analistas:$405.60
Flujo de caja descontado (DCF):$1017.69
Múltiplo sobre beneficios (P/E):$199.98
Fórmula de crecimiento de Graham:$612.42
Valor de la capacidad de generar beneficios (EPV):$176.64
P/B justificado:$242.23
Descuento de dividendos (Gordon):$90.20
P/FFO, fondos de operaciones:Datos insuficientes para calcularlo
Beneficios de mitad de ciclo:$519.83
Múltiplo sobre ingresos:$402.48
Consenso de Analistas:Comprar (24B / 16H / 2S)
Última Sorpresa de Resultados:+10.31%

Métricas de Valoración

Ratio P/E

16.75

ROE

24.0%

Ratio P/B

3.88

P/FCF

8.51

Margen Bruto

-

ROIC

17.5%

Radar de Rentabilidad

Creación de Valor (Ventaja Competitiva)

ROIC

17.5%

WACC

8.9%

ROIC − WACC

+8.5 pp

El ROIC supera el coste del capital: la empresa está creando valor para los accionistas.

Criterios de Análisis Fundamental

Superado (22)

  • EPS shows upward trend
  • EPS CAGR 14.63%
  • Price CAGR 9.61%
  • ROIC 17.5%
  • P/FCF 8.51
  • Debt/Equity ratio
  • Operating Margin 27.4%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 23.4%
  • Revenue Growth 5Y 17.4%
  • Analyst Consensus 57% Buy
  • Earnings Surprise avg 6.7%
  • PEG Ratio 0.99
  • Earnings Quality (OCF/NI) 1.94
  • Share Dilution -2.0%
  • Net Margin Trend 21.3% vs 20.5%
  • Piotroski F-Score 7/9

Fallido (4)

  • P/B Ratio 3.88
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

No disponible (2)

  • Gross Margin NaN%
  • Dividend Payout NaN%

Piotroski F-Score

7/9

Solidez financiera fuerte

score
criteria

Calidad de los Beneficios

1.94

Alta calidad: beneficios respaldados por efectivo

Dilución de Acciones

-2.0%

Recomprando acciones. Favorable para el accionista

Participaciones institucionales

Gobernanza

Equipo Directivo

NombreCargoEdad
Mr. Sasan K. GoodarziCEO, President & Chairman57
Mr. Scott D. CookFounder & Director73
Mr. Sandeep Singh AujlaExecutive VP & CFO49
Mr. Alex G. BalazsExecutive VP & CTO53
Mr. Mark NotarainniExecutive VP & GM of Consumer Group55
Ms. Lauren D. HotzSenior VP & Chief Accounting Officer49
Anne-Sophie SeigneurbieuxSenior Vice President of Investor Relations, Corporate & Strategic Finance-
Kendra GoodenoughVP & Head of Investor Relations-
Mr. Tyler CozzensExecutive VP, General Counsel and Corporate Secretary-
Ms. Shveta MujumdarVice President of Corporate Development46

Riesgo de Auditoría

1

Riesgo del Consejo

4

Riesgo de Compensación

4

Riesgo de Derechos del Accionista

2

Parte 2 · El precio y el momento de entrar

Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.

Documentos

  • Informe anual (10-K)

    Un resumen anual del negocio, los resultados financieros y los riesgos de la empresa.

    Presentado el 2026-09-09

    Ver documento
  • Informe trimestral (10-Q)

    Una actualización del desempeño financiero de los últimos tres meses.

    Presentado el 2026-05-20

    Ver documento
  • Informe de hecho relevante (8-K)

    Un aviso sobre un hecho relevante, como un cambio de dirección o un anuncio importante.

    Presentado el 2026-08-25

    Ver documento

via SEC EDGAR

Historial de Resultados

via SEC EDGAR

Latest News

Recent headlines for INTU, sourced from Markets Gazette.

  • 8/26/2026NEGATIVE
    Forti vendite su Intuit in scia ai downgrade dopo guidance deludente

    Intuit Inc. experienced significant selling pressure on Wall Street following a wave of analyst downgrades. The financial software and services company was downgraded due to weaker growth prospects and concerning signals, prompting a negative outlook from market watchers. Investors are advised to monitor Intuit's upcoming earnings reports and management commentary for signs of recovery or further deterioration in its growth trajectory.

  • 8/26/2026NEUTRAL
    Intuit hits a record milestone of $20 billion in revenue—and sets the stage for a strategic pullback

    Intuit has achieved a significant milestone, surpassing $20 billion in revenue. However, the company's CFO, Sandeep Aujla, described the current phase as a "reset to reaccelerate," indicating a strategic shift. Intuit is prioritizing the rebuilding of its customer-acquisition engine, even if it means sacrificing short-term revenue gains. This move suggests a long-term focus on sustainable growth and market positioning over immediate financial performance. Investors will be watching to see if this strategic pullback yields future market share expansion and enhanced customer loyalty.

  • 8/25/2026NEGATIVE
    Intuit Sinks 11% on Weak Outlook as Nvidia Earnings Loom | Closing Bell

    Intuit Inc. experienced a significant decline, with its stock price dropping 11% following the release of a weak financial outlook. This downturn occurred as investors awaited earnings reports from other major tech companies, including Nvidia. The company's forward-looking guidance failed to meet market expectations, raising concerns about future growth prospects and potentially impacting its valuation. Investors are now reassessing their positions in Intuit amid this cautious outlook, while the broader market remains focused on upcoming corporate results.

  • 8/24/2026NEUTRAL
    Previsioni sul titolo Intuit prima degli utili: compra, vendi o tieni?

    Intuit Inc. (INTU) stock has seen a significant surge, climbing 46% from its yearly low to reach $367, its highest point since May 20th. This upward trend mirrors the broader software sector's performance, with investors actively buying dips. However, this rally faces a crucial test as the company prepares to release its financial results. Intuit, a major software player known for QuickBooks, Credit Karma, Mailchimp, and TurboTax, is navigating market concerns, including the 'SaaSpocalypse' fears, which could impact its upcoming earnings report and future stock performance.

  • 6/14/2026NEGATIVE
    Intuit, Adobe, Zscaler, Workday Plunge Amid SaaSpocalypse Fears: Buy The Dip?

    Intuit Inc. (INTU) experienced a significant price decline, alongside other major software-as-a-service (SaaS) providers like Adobe (ADBE), Zscaler (ZS), and Workday (WDAY). This downturn is attributed to 'SaaSpocalypse fears,' suggesting investor concerns about the long-term sustainability or growth prospects of the SaaS business model. The sharp drop in these prominent tech stocks indicates a potential shift in market sentiment, prompting questions about whether this is a buying opportunity or a signal of deeper systemic issues within the sector. Investors are closely monitoring these developments for potential sector-wide implications.

  • 6/2/2026NEGATIVE
    Intuit Stock Slides After Goldman Downgrades To Sell

    Intuit Inc. (NASDAQ:INTU) experienced a significant stock price decline following a downgrade from Goldman Sachs to a 'Sell' rating. The downgrade signals a bearish outlook from a key financial institution, suggesting potential headwinds or overvaluation concerns for the financial software company. Investors are likely reacting to the analyst's revised assessment, leading to increased selling pressure and a downward revision of the stock's price target. This move could indicate a shift in market sentiment towards Intuit, potentially impacting its future performance and investor confidence.

  • 5/27/2026POSITIVE
    BofA Securities Analyst Sees Intuit Rebound Despite Layoffs, DIY Tax Weakness, AI Pressure

    BofA Securities has initiated coverage on Intuit Inc. with a positive outlook, despite recent challenges including layoffs and weakness in its DIY tax segment, alongside pressure from AI advancements. The firm highlights Intuit's robust profit margins and a significant growth runway as key drivers for its optimistic stance. The analysis suggests that improving fundamental factors within the company are poised to support a rebound in its stock performance. Investors may find this a compelling signal for potential upside, as BofA Securities points to underlying strengths that could outweigh current headwinds.

  • 5/21/2026NEGATIVE
    Intuit Stock Cracks After Layoffs, TurboTax Warning

    Intuit Inc. saw its stock price decline following a series of negative developments. The company announced significant layoffs and issued a warning regarding weaker trends for its TurboTax product. These factors, coupled with restructuring plans, overshadowed the reported earnings growth. For investors, this signals potential headwinds in key business segments and operational challenges, raising concerns about future revenue streams and profitability despite current earnings figures.

via Markets Gazette