Intuit's Stock Surges 13.94% in Three Days Despite 22.09% Decline in Trading Volume Ranking 17th

On May 27, 2025, Intuit's trading volume reached $29.96 billion, a 22.09% decrease from the previous day, ranking 17th in the day's market activity. Intuit's stock price rose by 4.42%, marking the third consecutive day of gains, with a total increase of 13.94% over the past three days.

Intuit, the maker of TurboTax, has seen its stock price surge due to a revised outlook and strong earnings. The company now anticipates full-year revenue to be between $18.72 billion and $18.76 billion. This positive outlook has been driven by a robust 15% revenue growth rate over the past twelve months, as revealed by InvestingPro analysis. Additionally, 20 analysts have recently revised their estimates for the company.

Intuit reported third-quarter fiscal 2025 earnings of $11.65 per share, surpassing the consensus estimate of $10.89. This strong performance was highlighted in the company's earnings report, which also noted a 15% increase in revenue to $7.8 billion, exceeding expectations by $190 million. The company's positive outlook and strong earnings have contributed to the resilience of its stock price amid market shifts.