Intuit Stock Drops 2.19% Fourth Day in a Row, Trading Volume Ranks 69th

On April 8, 2025, Intuit Inc. (INTU) experienced a 2.19% decline in its stock price, marking the fourth consecutive day of losses. The company's trading volume reached 15.20 billion, placing it at the 69th position in the day's stock market rankings.

Intuit has recently launched the Financial Literacy Month Challenge, aiming to empower students across the nation with essential financial knowledge. This initiative is part of the company's broader commitment to enhancing financial literacy in the United States, with a goal of empowering 50 million learners through its educational programs.

Additionally, Intuit has introduced new features for its QuickBooks platform, enabling small and mid-market businesses to accept contactless payments through the "Tap to Pay on iPhone" functionality. This enhancement is designed to streamline payment processes and improve customer convenience.

Analysts have also made adjustments to their price targets for Intuit. DBS Bank recently lowered its target from $760 to $740, while maintaining a buy rating. Jefferies adjusted its target from $800 to $735, also keeping a buy rating. JPMorgan upgraded Intuit to overweight from neutral, setting a new price target of $660 from $640. These adjustments reflect the analysts' views on the company's performance and future prospects.