Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on Intuit (NASDAQ:INTU) on Monday, setting a price target of $640, which is approximately 14.81% above the present share price of $557.42.
Panigrahi expects Intuit to post earnings per share (EPS) of $1.39 for the third quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Intuit, with an average price target of $628.64.
The analysts price targets range from a high of $670 to a low of $584.
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 $152.23 billion.
According to TipRanks.com, Mizuho Securities analyst Siti Panigrahi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.0% and a 79.13% 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.