Intuit Stock Price, News & Analysis

Intuit (NASDAQ: INTU) has announced the six national winners of its 2025 Intuit Hour of Finance Challenge, a nationwide financial education initiative that engaged over 40,000 students across all 50 states during Financial Literacy Month. The challenge, centered around the interactive game Prosperity Quest, recognized three high schools and three middle schools for their exceptional engagement in financial literacy education.

The program reached more than 800 educators and nearly 40,000 students at 700 unique schools nationwide. Winning schools will receive Chromebooks for their classrooms, while 50 additional schools are being recognized as state-level winners. The initiative is part of Intuit's broader education program, which has reached over 3 million students with lessons in personal and entrepreneurial finance using simulations powered by TurboTax, Credit Karma, QuickBooks, and Mailchimp.

Intuit (Nasdaq: INTU), the company behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced that CFO Sandeep Aujla will participate in a fireside chat at the Jefferies Public Technology Conference on May 28, 2025. The presentation is scheduled for 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) and will be accessible via live audio webcast on Intuit's investor relations website. A replay will be made available approximately 24 hours after the presentation concludes.

Intuit (NASDAQ: INTU) announced the winners of its fourth annual QuickBooks and Mailchimp Small Business Hero Day, awarding $20,000 each to three businesses: BJ's Nevada BBQ, the Homeless Garden Project, and Perry's Joint. The ceremony was hosted by WNBA MVP Lisa Leslie at Intuit Dome.

The company also launched an expanded year-round initiative called the Small Business Hero Program, which will recognize three winners quarterly. Each winner will receive a $20,000 grant and additional resources from QuickBooks and Mailchimp. According to Intuit's 2025 survey, 90% of respondents believe small businesses contribute to their sense of community.

The winners demonstrated significant community impact: BJ's Nevada BBQ supports culinary education, the Homeless Garden Project provides employment for homeless individuals, and Perry's Joint offers scholarships and community support during crises.

Intuit (Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has scheduled its third-quarter fiscal year 2025 earnings announcement for May 22, after market close.

The company will host a conference call at 1:30 p.m. Pacific time to discuss the financial results for the quarter ending April 30. Investors can access the live call through Intuit's investor relations website.

Post-call resources include:

• Prepared remarks available on Intuit's website
• One-week replay access via phone (800-757-4768 for domestic, 402-220-7227 for international)
• Audio recording on company website for one week

Intuit (NASDAQ: INTU) has announced its agreement to acquire GoCo, a provider of HR and benefits solutions for small and mid-market businesses. The integration will enhance Intuit's Enterprise Suite and QuickBooks Payroll services, creating a comprehensive Human Capital Management (HCM) solution.

GoCo's features will be initially integrated into Intuit Enterprise Suite and QuickBooks Payroll for Premium or Elite Payroll customers in the U.S. The combined platform will offer businesses a unified solution for managing finances, customers, and employee lifecycle from onboarding to offboarding.

Founded in 2015, GoCo provides hiring, onboarding, workforce management, and benefits administration services. The acquisition will complement Intuit's AI capabilities and data infrastructure, enhancing HR team productivity. The deal is set to close in Q4 FY25, with financial terms undisclosed.

Intuit (NASDAQ: INTU) has announced a new collaboration with Google Cloud to enhance tax preparation for TurboTax customers. The partnership integrates Google Cloud's Doc AI and Gemini models to expand done-for-you autofill capabilities for the ten most common U.S. tax forms, including complex 1099 and 1040 forms.

In tax year 2023, TurboTax processed 44 million U.S. tax returns and $107 billion in tax refunds using Intuit's Generative AI Operating System (GenOS). The system combines Intuit's data, custom-trained financial large language models, and tax knowledge engine with best-in-class LLMs.

The enhanced automation particularly benefits investors in stocks, bonds, and crypto by automating data extraction from complicated 1099 forms, eliminating the need for manual data entry across multiple screens and fields. The integration aims to improve accuracy and efficiency in tax preparation through advanced AI-driven document understanding.

TurboTax highlights key tax deductions and credits ahead of the April 15, 2025 filing deadline. A Harris QuestDIY survey reveals significant deadline awareness gaps, with over 50% of 18-24 year olds unaware of the due date.

Notable credits include:

• Earned Income Tax Credit up to $7,830 for families with 3 kids
• Child Tax Credit up to $2,000
• Child and Dependent Care Credit up to $2,100 for multiple children
• American Opportunity Tax Credit up to $2,500 for college education
• Energy Efficient Improvements credits up to $1,200 for home upgrades

The Standard Deduction has been inflation-adjusted to $14,600 for single filers, $29,200 for joint filers, and $21,900 for head of household.