Intuit Stock Climbs Despite Trading Volume Drop, Leads in Analyst Upgrades

Volume AlertsThursday, May 29, 2025 8:00 pm ET
1min read

On May 29, 2025,

(NASDAQ: INTU) experienced a significant drop in trading volume, with a 36.64% decrease compared to the previous day. Despite this, the stock managed to rise by 0.37%, marking its fifth consecutive day of gains and a 14.73% increase over the past five days.

Intuit recently announced the winners of the 2025

Hour of Finance Challenge, recognizing six schools for their outstanding leadership in financial education. This annual challenge engages educators and students across the United States, fostering financial literacy and innovation. The event saw participation from over 800 educators and nearly 40,000 students from 700 unique schools and organizations across all 50 states.

Intuit's CFO, Sandeep Aujla, is scheduled to present at the Jefferies Public Technology Conference, providing investors with insights into the company's financial performance and strategic initiatives. This presentation is part of Intuit's ongoing efforts to communicate its progress and future outlook to the investment community.

Intuit's stock has seen a series of analyst upgrades and price target adjustments in recent months. Notable changes include upgrades from HSBC Securities, Scotiabank, JP Morgan, and Morgan Stanley, reflecting positive sentiment towards the company's growth prospects and strategic initiatives. These upgrades have contributed to the stock's recent performance and investor confidence.

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