Intuit Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

July 7, 2021 11:07:02

Intuit Inc. (NASDAQ:INTU) traded today at a new 52-week high of $508.00. Approximately 137,000 shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares.

Intuit Inc. (NASDAQ:INTU) defies analysts with a current price ($506.78) 14.0% above its average consensus price target of $435.96.

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

Over the past year, Intuit Inc. has traded in a range of $280.99 to $508.00 and is now at $506.78, 80% above that low.

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