Intuit's AI Strategy, Upmarket Gains Fuel Analyst Optimism Following Strong Earnings
1. INTU Q3 revenue reached $7.75 billion, exceeding estimates by $186 million. 2. Adjusted EPS of $11.65 surpassed analyst expectations of $10.91. 3. Analysts raised INTU price targets, indicating strong growth potential. 4. TurboTax Live customer growth of 24% drives expectations for continued revenue increase. 5. Analyst upgrades reflect confidence in INTU's AI and automation strategies.