INTUIT INC.
Nasdaq: INTU·Mountain View, California·CIK 0000896878
- Price
- $282.78
- Base IV
- $342.21
- Your value
- $342.21
- 21.0%
Valuation snapshot
Price is between the bear and base cases. Price as of Oct 2, 2026 · Valuation Aug 17, 2026.
Track record
Reported financials are not available yet.
Why the gap?
At $282.78 the market is pricing INTUIT INC. as if revenue grows 5.0% a year. This valuation assumes it grows 9.3% a year. That single disagreement accounts for most of the distance between the two numbers — which makes it the first thing worth auditing.
Implied by price
+5.0%
revenue growth a year, holding everything else researched
Assumed here
+9.3%
researched base case, grounded in filings and guidance
Or, growth held
26.1%
operating margin reproduces the price, vs 31.5% assumed
Many combinations of assumptions reproduce the same price. These are ways to read what the market might expect, not its actual view.
Your valuation
Four judgments stand between the filing and a number. Audit them one at a time and leave with a valuation that is yours.
- 01 Revenue growth11.0%
- 02 Operating margin31.5%
- 03 Risk and beta0.96
- 04 Long-run growth2.5%
About 4 minutes · no account needed
What drives the base case
All three cases →Intuit told investors it expects about $21.3 billion of revenue this year, roughly 13-14% growth, with its small-business software up about 16%, Credit Karma up about 19%, and TurboTax up only about 7%. Weighting those together, the company's growth engine is the business side, not the tax side, and it is big enough now — nearly $21 billion of trailing sales versus under $10 billion five years ago — that growth naturally slows toward the high single digits. On profitability, the company earned about 26 cents of operating profit per dollar of sales last year and guided to a bit more this year, and the 17% headcount reduction should push that higher over time even after paying for AI computing. Put together, this case is a still-good business compounding at a more ordinary pace with better margins.
What shapes the assumptions
No structured value drivers are attached to this valuation yet.
How confident is this estimate?
Quality checksSome of any gap to the price is model uncertainty rather than real disagreement. Start with the weakest components.
- Scenario dispersion4.6
- Terminal-value dependency2.0
- Historical stability8.4
- Margin predictability1.3
Why the number moved
No prior valuation bridge is available yet. Future recalculations will explain what moved.
Base estimate
$342.21 21.0%