INTU — All updates

And then lastly, we have into it. They recently approved a roughly 15% dividend increase. So, now when we talk about in it, it's not been a secret. This is a software stock that has been decimated over the last year, down by 48.11% and the sell-off really started at the beginning of this year.

If we look at year-to- date returns, down by around 49%.

Shares of Intuit , the owner of TurboTax and QuickBooks, have fallen by 40%.

As for "Intuit" and "Oracle", they lost about 70%.

Adobe and Intuit fell by about 49%,

Open the Salesforce company page . Open the Intuit company page.

I was joking the other day about some of these software companies that do we need them anymore because of AI. Into it comes out here today. Uh earnings and revenue uh both for their case below expectations.

Well, Nothing against Turboax or uh money, what is it called? Budget money or whatever they just bought, you know, before. Okay, fine. But do we need it anymore? If I'm able to spend $10 in AI tokens and generate the same thing as soon as we get past the security issues, man, I just don't know if that's some I I don't know how they fight through that, to be honest.

you know, into it had earnings. Where is our Into It puppy? I want to see how they're ending because they tanked like 11% after earnings and they actually are only down 3.6% now.

Next up guys into some earnings. Now earnings reactions on Intuit yesterday. They reported earnings yesterday after hours and declined nicely to open the day down here in the low 320 range but closed all the way back up here at $345.

The initial reaction after hours as you can see if I flipped to the 10-minute chart in this extended trading hours. Look at this. We dropped all the way down here to just over $300.

This stock is growing earnings per share 20% year-over-year. Its revenue is up nearly 14% year-over-year. And they just announced another 15% dividend increase. They've grown that dividend 300% over the past 10 years, which is a 14.8% compound annual growth rate.

The company just reported earnings and they beat Consensus by 12.6% on earnings per share. Yet, the stock sold off 5% the next day.

earnings calendar today into it is 4 Zoom 405.

Big earnings report of the week. talked about the same light obviously into it beats. In it net revenue coming in at 4.35 billion versus 4.27.

Of course, the stock is actually falling on it. That's usual. That's like Oh, here we go. Here's the forecast. closing out the trading. Uh forecast comes in at a midpoint a little bit below 2351 divided by or 2351 minus 2328.23 plus 23.28 51 divided by 23.82. So it comes in at about a 1.3% miss on into it.

In today's video, I'm going to give you my thoughts on this upcoming earnings week, the stocks I'll be watching and that I'll likely cover in detailed follow-up videos that includes an extended look at Nvidia and some beaten down software stocks that could be value plays companies like Inuit and Salesforce.

You can't overlook them. Obviously, we've had this news that analysts call that of Intuit today. Uh they're going to be reporting tomorrow. Uh we've also got we've had this news that analysts call that of Intuit today. Uh they're going to be reporting tomorrow.

Another earnings stock. Okay, let's go take a look at INTU. That's Intuit. INTU. INTU. All right, looking at INTU. Look at that, Joe. Big, beautiful move right there off the bottom of that buy signal.

Yeah, boy. Now, it did push through these order blocks over here, and it's been getting more and more and more greedy. And it's kind of an outlier in its own its own right. I mean, you got the whole sector moving against it.

And this is in the tech sector software application. Let's go look at tech sector. Where's tech sector?

You've got a company with dominant market share, growing revenues at double-digit rates, boasting operating margins north of 25%, and throwing off more than $5 billion of free cash flow. Plus, it's paying a growing dividend.

So, would you be surprised to hear that this same stock is the single worst performer in the entire S&P 500 this year, down nearly 23 from its high? That company is into it. And unless this business is set to completely implode over the next few years, getting shares at a 10-year low in its price to earnings ratio seems like a real steal.