Movement Alert|Intuit Rises 3.01% in Regular Trading, Q3 Earnings Growth and Raised Full-Year Guidance Boost Market Confidence

Market Focus07-03 00:34

On July 3, Intuit rose 3.01% in regular trading, trading at 275.09 USD/share, with turnover of $4.34 billion. The rally is attributed to the company's previously reported Q3 fiscal results showing revenue of $8.6 billion, up 10% year-over-year, and Non-GAAP diluted EPS of $12.80, also up 10%, alongside an upward revision of full-year revenue guidance to $21.341–21.374 billion.

TurboTax Live revenue is projected to grow 36% to $2.8 billion, with Consumer segment growth structurally shifting toward higher ARPU offerings. Global Business Solutions revenue rose 15% to $3.285 billion, driven by Online Ecosystem revenue growth of 19%. QuickBooks Online Accounting revenue grew 22%, reinforcing the company's positioning as an integrated platform for small and mid-market businesses through AI agent capabilities.

Additionally, market analysts have identified Intuit as a beneficiary of the broader rotation from high-valuation mega-cap tech into previously underperforming software names, further supporting the stock's upward momentum.

(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.)

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