Guggenheim analyst Kenneth Wong maintained a Buy rating on Intuit (NASDAQ:INTU) on Thursday, setting a price target of $785, which is approximately 13.38% above the present share price of $692.34.
Wong expects Intuit to post earnings per share (EPS) of $1.39 for the fourth quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Strong Buy rating of shares in Intuit, with an average price target of $768.94.
The analysts price targets range from a high of $850 to a low of $696.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $2.56 billion and a net profit of $402 million. The company's market cap is $196.2 billion.
According to TipRanks.com, Guggenheim analyst Kenneth Wong is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.2% and a 67.59% success rate.
Incorporated in 1983, California-based Intuit, Inc., a software company, provides financial management solutions and compliance products and services for small businesses, accountants, and individuals. It operates through the following segments: Small Business and Self-Employed Group; Consumer Group; ProConnect Group and Credit Karma.