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Growth that cannot be overlooked
In the third quarter, the company achieved revenues of $7.8 billion, an increase of a solid 15% year-on-year. Continuing with the results, net income of $2.82 billion is even more impressive, representing earnings per share (EPS) of $10.02, compared to last year's $8.42.
Sasan Goodarzi, the company's CEO, also commented on the quarterly numbers, summing it up very aptly: "This is the fastest organic growth in more than a decade!" It follows that while many companies are struggling with fundamental problems, Intuit achieves above-average results, which please not only interested investors.
AI: More than just a trending word
As is customary with quarterly results, it is also crucial to look at what exactly is behind these numbers. Unfortunately, those who estimated that growth was supported only by traditional segments of the company's business were wrong. Or rather luckily? The future of Intuit is probably based on artificial intelligence. However, the difference and competitive advantage is the way the company has grasped this technology. Don't look for exclusive reliance on automation here. The company creates sophisticated AI agents whose primary advantage is autonomous action.
In addition, in connection with AI, it is important to highlight another decision on the future direction. The management is aware of the power of human resources, so the company's plan is to create the strongest possible combination of man and machine, which should make Intuit a one-stop shop in the future, a place with comprehensive corporate financial services for small and large companies.
A view that convinced even Wall Street
The prospective quarterly results also convinced analysts from leading investment banks. Goldman Sachs raised its price target from $750 to $860, confirming a buy rating, while also praising the strong performance in growth areas and a positive assessment of the AI strategy. The second bank to comment on Intuit was Deutsche Bank. She expressed a similar opinion. The target price of the stock was set at $815, along with the comment: "Reassuring results after two challenging years and a unique investment opportunity." [1]
What will the future look like?
Given that stock prices generally move based on fundamental inputs, this situation is no exception. After the publication of the quarterly figures, it was possible to observe an impulsive growth of 8.12%, which is a very favorable development in the last years of consolidation.* The future? The statements of investment banks, the numbers themselves and the reaction of the share price indicate that this is probably not just a one-time jump and such increases may be seen by long-term investors many more times in the coming period. [2]
Intuit's stock performance over 5 years. Source: Trading Economics
* Historical figures are not a guarantee of future returns.
[1] Forward-looking statements represent assumptions and current expectations that may not be accurate or are based on the current economic environment, which is subject to change. These statements do not guarantee future performance. Forward-looking statements involve risk and uncertainty by their nature because they relate to future events and circumstances that cannot be foreseen, and actual developments and results may differ materially from those expressed or implied in any forward-looking statements.
Warning! This marketing material is not and should not be construed as investment advice. Data relating to the past are not a guarantee of future returns. Investing in foreign currency can affect returns due to fluctuations. All securities trades can lead to both profits and losses. Forward-looking statements represent assumptions and current expectations that may not be accurate or are based on the current economic environment, which is subject to change. These statements do not guarantee future performance. InvestingFox is a trademark of CAPITAL MARKETS, o.c.p., a.s., regulated by the National Bank of Slovakia.
Resources:
https://www.cnbc.com/2025/05/22/intuit-intu-q3-2025-earnings-report.html
https://www.cnbc.com/2025/05/23/intuit-shares-pop-9percent-on-earnings-beat-rosy-guidance.html
