Intuit Seen Outperforming on Conservative Guidance -- Market Talk
Dow Jones
Nov 22
1334 ET - Intuit backed its fiscal-year guidance after posting strong F1Q results and guiding for a healthy 2Q, setting it up to outperform in the back half of the fiscal year, Stifel analysts say in a note. The company is also set up well as its TurboTax Live offering continues to gain share, boosting growth in its tax business, while its global businesses services unit should sustain growth in the mid-to-upper teens due to strong services usage and a transition upmarket, the analysts say. "Conservative 2H set-up makes for an outperformer," the analysts say, noting Intuit remains one of their top large-cap picks. Intuit is up 5.6%. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
November 21, 2025 13:34 ET (18:34 GMT)
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