Latest news with #TurboTax
Yahoo
a day ago
- Business
- Yahoo
Wells Fargo Lifts PT on Intuit (INTU) Stock, Keeps Overweight
Intuit Inc. (NASDAQ:INTU) is one of the 10 software stocks analysts are upgrading. On June 13, Wells Fargo analyst Michael Turrin upped the company's price objective to $880 from $825, while keeping an 'Overweight' rating, as reported by The Fly. The firm believes that reduced economic uncertainties and a resurgence in typical purchasing patterns are expected to result in a recovery in the broader software sector during the latter part of the year. Intuit Inc. (NASDAQ:INTU) delivered a healthy Q3 2025 thanks to the outstanding tax season and continued momentum in its Global Business Solutions Group and Credit Karma. A professional tax preparer, using a laptop to complete an income tax return. During Q3 2025, Intuit Inc. (NASDAQ:INTU)'s Global Business Solutions Group revenue rose to $2.8 billion, reflecting a rise of 19%. Furthermore, the Online Ecosystem revenue increased to $2.1 billion, up by 20%. For the full fiscal year, Intuit Inc. (NASDAQ:INTU) expects TurboTax Live revenue to increase by 47% to $2.0 billion, representing ~40% of total Consumer Group revenue, while TurboTax Live units are expected to grow by 24%. TurboTax Online paying units are expected to grow ~6% due to share gains from higher average revenue per return (ARPR) filers, with ARPR likely to increase ~13% as more customers choose assisted offerings and faster access to refunds. Parnassus Investments, an investment management company, released the Q3 2024 investor letter. Here is what the fund said: 'Intuit Inc. (NASDAQ:INTU) shares fell despite the financial software company posting strong quarterly results. The company's pricing-dependent long-term guidance concerned investors. However, we continue to believe Intuit's customer growth and relevant platform will sustain its wide moat and long growth runway.' Intuit Inc. (NASDAQ:INTU) is a leading player in the broader software industry, as it is known for its financial and tax software products. While we acknowledge the potential of INTU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTU and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Here's How Much a $1000 Investment in Intuit Made 10 Years Ago Would Be Worth Today
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries. Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks. What if you'd invested in Intuit (INTU) ten years ago? It may not have been easy to hold on to INTU for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Intuit's main business drivers. Headquartered in Mountain View, CA, Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, consumers and accounting professionals globally. The company has offices in the United States, Canada, India, the United Kingdom, Singapore, Australia, and other fiscal 2024, Intuit generated total revenues of $16.3 billion. The company has four reportable segments: Small Business and Self-Employed Group, Consumer and Strategic Partner, ProConnect and Credit Business and Self-Employed Group (58.5% of fiscal 2024 revenues) segment serves small businesses and self-employed people around the world, and the accounting professionals who serve and advise them. Intuit's offerings include QuickBooks financial and business-management online services and desktop software, payroll solutions, merchant payment-processing solutions, and financing for small (27.3% of fiscal 2024 revenues) segment offers DIY and assisted TurboTax income-tax preparation products and services. These solutions are sold in the United States and Canada. Intuit's Mint and Turbo offerings serve consumers and help them understand and improve their financial lives by offering a view of their financial (3.7% of fiscal 2024 revenues) serves professional accountants in the United States and Canada, who are essential to both small businesses' success and tax preparation and filing. Intuit's professional tax offerings include Lacerte, ProSeries, ProFile, and ProConnect Tax Karma (10.5% of fiscal 2024 revenues) segment offers personal finance services including credit cards, personal loans, home and auto loans and the Small Business and Self-Employed segment, Intuit competes with companies such as The Sage Group. In payroll, it competes with Automatic Data Processing and Paychex, among others. In the area of merchant services, the company's rivals are financial institutions like Wells Fargo, JP Morgan Chase and Bank of America. In the Consumer Segment, Intuit faces intense competition from tax preparation service provider H&R Block. Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Intuit, if you bought shares a decade ago, you're likely feeling really good about your investment today. A $1000 investment made in June 2015 would be worth $7,199.27, or a gain of 619.93%, as of June 16, 2025, according to our calculations. This return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 185.42% and the price of gold went up 178.11% over the same time frame. Looking ahead, analysts are expecting more upside for INTU. Intuit's third quarter of fiscal 2025 results reflected steady revenues from the Online Ecosystem and Desktop business segments. Strong momentum in Online Services revenues driven by strong performances of Mailchimp, payroll and Money, which includes payments, capital and bill pay. The Credit Karma business is benefiting from strength in Credit Karma Money, credit cards, auto insurance and personal loans. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. However, higher costs and expenses due to increased investments in marketing and engineering teams are likely to negatively impact bottom-line results in the near term. INTU's leveraged balance sheet remains a concern. Shares have underperformed the industry in the year to date period. Shares have gained 12.49% over the past four weeks and there have been 11 higher earnings estimate revisions for fiscal 2025 compared to none lower. The consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Mizuho Securities Hikes Intuit Price Target to $875 on Positive QuickBooks Outlook
Intuit Inc. (NASDAQ:INTU) is . That was evident on June 9 as Mizuho Securities increased the stock's price target to $875 from $825. In addition, it reaffirmed its 'Outperform' rating. A business executive analyzing their latest financial performance figures, thanks to the company's online cash management services. The price target adjustment follows an analysis of the company's QuickBooks business after a robust TurboTax season. Siti Panigrahi and analysts at the research firm expect Intuit's online ecosystem revenue to grow at a compound annual growth rate of 22% between 2026 and 2028, beating consensus estimates of 18%. The expected growth should be accelerated by increased traction in the mid-market segment through products like QBO Advanced and IEX. Additionally, Intuit is expected to benefit from the broader adoption driven by portfolio expansion. Integration of artificial intelligence agents in QuickBooks is also likely to accelerate upgrades. Panigrahi expects Intuit's stock valuation to receive a significant boost given the anticipated growth complimented by double-digit growth in the Consumer segment. The company's solid performance in fiscal 2025, ongoing margin expansion, and increased monetization of AI technologies are also expected to bolster the stock's sentiments. Intuit Inc. (NASDAQ:INTU) is a technology company that provides financial management, compliance, and marketing products and services. It provides QuickBooks services, including online financial and business management, desktop software, bill pay solutions, checking accounts, and financing services. While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Tom's Guide
10-06-2025
- Business
- Tom's Guide
Norton 360 Deluxe antivirus review
When it seems like there is a security hole everywhere you click on a computer or mobile device, Norton 360 Deluxe is a welcome relief. There are extensive security protections available, beyond what we've found offered in some of the other best antivirus apps. And, like hugely popular tax preparation app TurboTax, Norton 360 is incredibly intuitive to makes Norton 360 a top overall pick in the category has to do with the added security protection. You can do a quick antivirus scan, a full scan, and then a much deeper scan that runs during startup and before Windows loads. Ransomware protection creates a backup of important files -- even the ones held in the UEFI (what used to be called the BIOS). The more we explored the app, the more features we found, and we were pleased to find they were not just meaningless add-ons. You can protect your identity using a webcam blocker, get a warning on websites before you visit them, and even ward off botnets. Bitdefender Total Security is still our top pick for antivirus software, but that mostly comes down to value. Both McAfee+ Premium and Norton 360 Deluxe are more expensive for the core security features that all three products offer -- including ransomware protection. Bitdefender limits file transfers in their VPN to 200MB per day and the password manager is a trial version, but the antivirus features are just as robust as anything on the market -- for less. Our other gripe with Norton 360 Deluxe: It tends to ping you about upgrading quite often. We get it: Norton is a powerhouse and they have a lot to offer. But we could stand to hear about it via pop-ups for their privacy monitoring assistance and system performance apps a little less frequently. We always evaluate antivirus software according to the normal annual pricing, not the first year deals which tend to change frequently. We've even seen two different websites offer markedly different first-year pricing, so that pricing is a bit too fluid. Norton 360 Deluxe costs $119.99 per year (after the first year) for up to five devices. That's the same price as McAfee+ Essential which also protects five devices. However, we strongly prefer the McAfee+ Premium subscription in terms of pricing because it protects unlimited devices in your home for $149.99 per Bitdefender Total Security offers equally robust security protection features as both Norton 360 Deluxe and McAfee+ Premium, but for a lower price of $109.99. So what's included in Norton 360 Deluxe that makes it a compelling antivirus option? For starters, there are several differentiators that might be worth considering for $10 more per year than Bitdefender, and even compared to protecting unlimited devices with McAfee+ Premium. The security features are so extensive that it takes quite some time to find them all. Norton 360 Deluxe includes intrusion protection against botnets, brute force attacks, and file and print sharing vulnerabilities. You can block access to your webcam and start apps in a protected 'sandbox mode' to make sure they are not infected. A Safe Search feature shows you a warning before visiting any iffy website, explaining any risks involved. And, a rescue disk feature lets you generate a full ISO, or digital copy, of your disk or save everything to a USB drive. That's a long list. For scanning, we really liked the ability to do a very quick scan that only lasts a few seconds, looking for the most obvious problems. Unlike most antivirus apps we've tested, Norton 360 Deluxe then lets you choose from many deeper scanning options -- a full scan, choosing specific folders, scanning only critical files, and then doing a deep scan that runs before Windows loads. The full scan is not quite comparable to the full scan in other antivirus apps because it only took about four minutes, whereas the full pre-boot deep scan took about 35 minutes. Overall, the antivirus scanning options are more extensive than most apps. Norton 360 Deluxe also offers parental protection for your kids, up to five devices. It's somewhat basic but you can control usage time, which sites to block, and even where access is allowed. The included VPN is also powerful. It can disable your internet connection if you visit a site that's compromised and supports split tunneling, allowing some sites to bypass the VPN. One huge bonus with Norton 360 Deluxe is the Genie Scam Protection. It's an AI bot that scans for threats, warns you about websites, and can even protect you from text message threats. Genie even has a chatbot mode where you can ask it about specific websites and whether they are safe. To use the Genie on mobile to ask about text scams, you have to install the Genie app. In order to gauge antivirus detection ability, we reference the testing done by independent labs: SE Labs, AV Test and AV Comparatives. In AV Comparatives March 2025 Malware Protection Test, Norton received a 99.96% antivirus protection rate, blocking 10,026 files and allowing four through, but produced 10 false positives. McAfee and Avast had similar scoring here, while Bitdefender performed ever so slightly better. In AV Test's Jan/February 2025 Product Review and Certification Report, Norton scored a 6 out of 6 for protection against malware attacks, and produced only 3 false positives. Norton also participated in SE Labs' October - December 2023 Endpoint Security Home Protection testing, where they scored 100% accuracy in 100% protection against general and targeted attacks and showed zero response to false positives. As you might expect from a mature and well-known product, Norton 360 Deluxe is fast and reliable. We tested the app on an Apple iPhone 16 Pro Max, a Windows computer with 32GB of RAM, and an Apple iMac with 24GB of RAM. The full scan took about four minutes to scan 927K files. That's a bit surprising because both Bitdefender Total security and McAfee+ Premium took around 30 minutes and scanned 1.5M on the same test computer. The reason is that Norton does more of a deep scan before Windows even loads. Oddly, that Startup Scan (as Norton calls it) took 35 minutes and did not report on how many files it found. As for the included VPN, we tested a 150MB download and didn't notice any speed difference whether we had the VPN enabled or not. That finding is the same as the McAfee+ Premium speed test with the VPN, whereas the download with Bitdefender took a bit longer with the VPN enabled. The reason might have to do with how fast the servers are for each product. One discovery with Norton 360 Deluxe is that the 'extras' beyond the antivirus scanning, ransomware protection and included VPN are a mixed bag. Some are powerful and useful, even if advanced features require you to pay for an added subscription. For example, we liked all of the privacy and identity theft features that are included, although they are mostly there as alerts. You can scan the dark web for your email, social security number, and even your mother's maiden name to find any known privacy threats. The downside is that you'll need the Privacy Monitor Assistant add-on that costs $109.99 per year to actually fix any issues automatically, as opposed to fixing them yourself manually. In some tests, the privacy monitoring flagged the wrong person. It showed alerts for someone living at different addresses, which seems like false alarms. Overall, the fact that you have to manually delete old accounts and fix vulnerabilities could mean some users won't bother to take the time -- or will choose to upgrade to the more advanced automatic assistance. Norton also provides plenty of performance features as well. You can check whether software on your computer needs to be updated -- and that's more of a security feature than you might realize. Outdated software is often a huge hole that attackers use to breach a system.. You can also remove junk files and even speed up your computer by disabling some startup files. We bumped into some promotions to upgrade to Norton Utilities for performance boosts. That product costs $69.99 per year. For example, we found 417 broken registries on a PC, but only Norton Utilities lets you fix backups are only supported on Windows, although you can view archives from other devices. Another slight 'gotcha' is the cloud backup limit is for all devices, not per device. A 'protection promise' that says you can get a full refund if you are not able to remove a virus applies to all versions of Norton 360 Deluxe on any platform. We mentioned earlier how Norton 360 Deluxe reminded us of a tax preparation app like TurboTax. That is not a diss. Millions of people use these well-known programs, so they have to be easy to navigate for non-technical users. Norton 360 Deluxe uses a familiar, almost reassuring interface where anything important or that you have to click on is in yellow, like a school bus. Thankfully, the app also shows the most common features front and center. There is a row of buttons on the left for security, performance, privacy and identity. In each section, the most common functions are the most obvious, and then you can drill down to more advanced features. There's even a search function similar to TurboTax for finding features quickly. That makes it easy and quick to find for experienced users and hard to miss for those less experienced ones. Norton offers 24/7 support through online chat or phone. There did not appear to be a way to open a support ticket by email. You can also post in a community forum and, surprisingly, you can also contact tech support through Twitter(X) and Facebook, but that is only for general questions. The online chat starts with a virtual agent that was helpful about an issue related to cloud storage on Mac. A human agent took five minutes to respond and resolved the issue. (Oddly, the virtual bot provided the wrong answer, though the tech contradicted and corrected that advice.) Norton 360 Deluxe is one of the best and most intuitive antivirus apps around, it has extensive features to help you stay protected from security threats, from ransomware protection to botnet blockers, the price is reasonable compared to Bitdefender, and it gets props for having so many antivirus scanning modes. Though our other top pick, Bitdefender, costs $10 less, we'd say McAfee+ Premium is arguably a better value for those with many devices because it protects unlimited devices for about $40 more per month. However, Norton 360 is a thorough and feature-rich choice for those who know they have a set number of devices to protect. Our only caveat is we wish the app didn't prompt us to upgrade to advanced tools so often.
Yahoo
08-06-2025
- General
- Yahoo
When I Did My Taxes This Year, the IRS Revealed a Startling Fact About Me. My Investigation Afterward Got Weird.
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. If there's such a thing as an Overton window of things it's possible to change about yourself, I feel like I've been watching it gradually expand over my thirtysomething years on this Earth. It's never been easier to get a whole new face, a whole new body, or leave the country and come back no longer bald. There are official avenues for changing your name and your gender. So maybe I shouldn't have been so surprised to discover recently that when you were born is also on the list of things that aren't as set in stone as I might have thought. Did I say I've been observing this happen over my thirtysomething years? Scratch that—now that I've changed my birthdate, I'm not sure that's technically true anymore. To be clear: I was born on the day I've always thought I was born on. But it's also true that a few weeks ago I visited a Social Security office and walked out with a piece of paper confirming my date of birth was not what it was when I walked in. As is the case with many strange odysseys, this all started during tax season. After using an accountant for my entire adult life, this year I let myself be convinced that, given that I have one job and negligible freelance income, I was overpaying for bespoke service when TurboTax would suffice. Unfortunately, my experience of using the software felt spiritually cursed from the second it began. Maybe I was just being a baby—uploading PDFs really isn't so hard—or maybe my intuition detected that something was amiss. Whatever the case, I wasn't exactly surprised when my taxes were rejected, both federal and state. Of course they were. But I was surprised with the stated reason: My birthdate didn't match what the Internal Revenue Service had on file. At first, I figured I must have entered my own birthdate wrong, typical dumb me. But no, I input the date that I had always known to be my birthday, and it was resulting in a big, fat rejection. The TurboTax gurus counseled me that my only recourse was to file my taxes by mail, which made me nervous considering New York state makes a big to-do of telling you it is somehow illegal not to file electronically if you did your taxes using software. Also, I'd have to call the Social Security Administration to straighten out the birthday issue if I didn't want this to happen again next year. This alone sounded onerous: This was around the time I'd read the news that Elon Musk was gunning to shut down phone services at the SSA altogether. The first time I called, the lines were so busy I don't even remember if waiting was an option; a recording informed me that call volume slowed down later in the month. It was a few weeks before I tried again. When I got through, a kind woman listened to me describe my problem and then asked a series of questions (my full name, mother's maiden name, father's name, and the city where I was born) that led me to believe that any minute now, we'd get to the bottom of this. Then she hesitated—or maybe I was just impatient—so, trying to move things along, I asked: Well, is it wrong? What birthday do they have down for me? That's when she told me she couldn't actually tell me. At this point the conversation got surreal. I'm not sure how else to describe what it feels like for a government employee to tell you that they can't tell you when your own birthday is. Because she couldn't confirm to me what date they had on file, I'd have to make an in-person appointment, and I might get there and discover that they had the right date on file all along. Reading between the lines, I got the sense that the SSA did not agree with me about when my birthday was: The woman asked if I had a birth certificate. I did, but out of curiosity, I asked what would happen if I didn't. In that case, she told me, I wouldn't be able to change my birthdate. And I would just be stuck with a birthday the government was withholding from me, forever? How would people know when to send me birthday cards? How would Sephora know when it was time for my annual Beauty Insider gift? It was now my mission to convince the government that they were committing identity fraud, not me. I also had to know if there were other birthday refugees like me. I reached out to Tom O'Saben, the director of tax content and government relations at the National Association of Tax Professionals, to see what he made of this. 'I'll be honest with you, in 35 years of doing tax returns and being an enrolled agent for most of that time, I have never run into this situation,' O'Saben told me. He explained that the main way the IRS verifies people's identities is by matching the first four letters of their last name to their Social Security number. 'Probably the No. 1 reason returns fail is when the first four letters of the last name don't match what the Social Security system has because someone got married and they assumed their spouse's last name, but they didn't tell Social Security,' he said. O'Saben asked me if I happened to have gotten married in the past year, or if there might have been some other life event, like ceasing to be a dependent on my parents' taxes, that had triggered this. But nope, I'm not married, and I have been paying taxes for years. Tax returns don't actually ask for your birthdate, O'Saben pointed out, and it's true—if you look for your birthdate on the forms, you won't find it. But tax software does ask for it, and it had flagged mine. In the weeks between that call and the May morning I walked into a Social Security office in New York for my appointment, my imagination invented endless explanations for the discrepancy. How had it never come up before? I paid taxes every year; I held jobs, bank accounts, credit cards. How long had it been wrong? Was I secretly adopted? Did my parents steal me from my real family and cover it up? This is a theory I would have given more consideration to if I didn't look so obviously related to my parents. It seemed unlikely they had stolen a baby who had then grown up to look like a perfect blend of both of them, though I guess not impossible. I happened to be watching Good American Family during these weeks, a TV show on Hulu based on the true story of an orphan named Natalia Grace who was born with a rare form of dwarfism. When the family that adopts Natalia first meets her, they think she's 8, but they become convinced she's an adult posing as a child and get her age legally changed to 22, and a confusing saga ensues. Was there any chance my age was actually off by 16 years? I was pretty sure I was the age I always thought I was, but I couldn't be completely certain. I had obviously been there when I was born, but due to the unavoidable fact that I was a baby at the time, I had to concede I wasn't a reliable witness. Were they going to have to slice me open and count my rings? The day before my appointment, my boyfriend and I got to talking about how I hoped it would go. It would be cool if the birthdate Social Security had was way off, like not even in the right year, I offered. He thought that was too optimistic; he predicted I was going to get there and they weren't going to have the wrong date at all. He ended up being right that the overall experience was pretty mundane, a lot like going to the DMV. But at the same time, it was monumental, because I discovered they did indeed have the wrong birthdate—not dramatically wrong, not decades off, but wrong nonetheless, apparently for my whole life. They had my birthday down as Oct. 13 rather than Sept. 13, in the correct year. I don't know if they would have volunteered the actual date if I hadn't asked—that's how little it mattered on their end. To them, this was a simple clerical error; only I considered it an existential dilemma that the government erroneously had me down as a Libra! How could this have happened, I asked, and why did it only come to light now? The employee helping me was unfazed: It was a long time ago, before electronic records. I handed over my birth certificate and driver's license, and the whole thing took no more than a few minutes to fix. Even though O'Saben, a veteran tax preparer, had never encountered a situation like mine before, I've come to understand that it happens. This explains why I was able to find multiple examples of people turning to online forums like Reddit for advice on similar situations. Though I came across the occasional anecdote of someone encountering friction (including this person, who amusingly claimed to be resigned to living with the wrong Social Security birthdate for the rest of their life), most fixed the situation with minimal fuss. So maybe we aren't so special. But the vast majority of people in the world can't say they changed their birthdate, and we can, so I'm going to keep bragging about it, at least until next tax season. I have two birthdays between now and then, and I plan on celebrating them both.
