INTU Jun 2025 440.000 put
| Previous Close | 13.30 |
| Open | 13.30 |
| Bid | 14.80 |
| Ask | 20.20 |
| Strike | 440.00 |
| Expire Date | 2025-06-20 |
| Day's Range | 13.30 - 13.30 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 50 |
- Yahoo Finance Video
IRS's free tax-filing tool: Why TurboTax says it's not worried
The Federal Trade Commission (FTC) ruled earlier this year that Intuit's (INTU) TurboTax Free was not actually free for most. Intuit CFO Sandeep Aujla joins Wealth! to discuss the future of the tax platform as more free filing programs enter the market. "We have always offered free products. In fact, we were one of the early innovators in the free space. And free is a key component of the tax industry. You have many free participants in there. And the government introducing a free offering is not a material impact to the industry, and quite frankly, I think it's not a good use of our fiscal spending either," Aujla says. Aujla notes that Intuit is using AI to help bring expertise to users when filing their taxes, explaining: "That's the part of the business that we're really highlighting to the investment community. It's a business that grew 17% last year. It is $1.4 billion in revenue, representing about 30% of our overall tax revenues. And, it is a business that we continue to invest in and are quite excited about its growth prospects. And that's what's giving is bolstering our confidence, quite frankly, on our ability to continue to scale our consumer group and our tax revenues." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
Simply Wall St.Should You Be Adding Intuit (NASDAQ:INTU) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
- Yahoo Finance Video
Small businesses are 'in pretty good shape': Intuit CFO
Since the beginning of the Biden-Harris administration, 18.1 million new business applications have been submitted. Intuit (INTU) CFO Sandeep Aujla joins Wealth! to discuss the state of small businesses and how the company is helping set up business owners for financial success. "Small businesses are actually in a pretty good shape. Their revenues over the last three months are up about 3%. When you look at year over year, their profits are up about 2% year over year. And a key leading indicator is how many hours their employees are working. And we are seeing that up about 4% year over year," Aujla explains. However, he notes that while cash reserves are down 8% year over year, small businesses are still in a good position as they are up 16% from the pre-COVID timeframe. Aujla adds, "The number one need of the small business, the area they're focused on the most, is helping me get and grow customers. And that's where we are really excited about what we're bringing to market through our innovations such as revenue intelligence." He explains that by combining data from QuickBooks and MailChimp, Intuit is uniquely positioned to aid owners in growing their businesses, improving their cash flows, and ensuring they get the tax benefits they're entitled to. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
