Intuit Stock: Is Wall Street Bullish or Bearish?

Intuit Inc. (INTU), headquartered in Mountain View, California, provides financial management, compliance, and marketing products and services. With a market cap of $179.3 billion, the company provides business management and payroll processing, personal finance, and tax preparation and filing software solutions. 

Shares of this software giant have underperformed the broader market over the past year. INTU has gained 12.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31.3%. In 2024, INTU’s stock rose 1.5%, compared to the SPX’s 25.5% rise on a YTD basis.