On August 18, Intuit rose 3.73% in pre-market trading, trading at $346.68/share, with turnover of $5.98 million. The stock rebounded from the prior session's 3.05% decline as market attention shifted to the upcoming quarterly earnings report scheduled for August 25.

On the news front, consensus estimates project Intuit's quarterly revenue at $4.268 billion, representing 13.95% year-over-year growth, with adjusted earnings per share expected at $3.58, up 34.66% year-over-year, and EBIT forecast at $1.301 billion, a 29.91% increase. Analysts broadly expect earnings recovery supported by AI-driven momentum in the small and medium business segment. The company's most recent cumulative three-quarter results showed revenue of $17.094 billion (+13.96% YoY) and net income of $4.203 billion (+20.50% YoY).

Despite multiple recent target price cuts from investment banks — including Mizuho to $430, Citi to $457, and Morgan Stanley to $335 — the average analyst target remains around $435, well above the current trading level, with the consensus rating still at overweight.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)