Intuit Overview
Intuit Inc creates business and financial management solutions for small businesses, consumers, and accounting professionals.Its flagship products and services include QuickBooks, TurboTax, and Mint, assisting customers in running a small business, paying bills, filing income tax returns, and managing personal finances. Intuit Israel started after the acquisition ofCheck in 2014, a mobile bill-payment company that helps users track personal finances. Check's product is now known as Mint Bills. Intuit Israel’s site focuses on developing advanced capabilities and technologies that help protect Intuit’s customers and help with the strategic use of data and deep insight.
Latest News
growth-positive
JFrog, Amplitude, Freshworks, Intuit, and Cloudflare Stocks Trade Up, What You Need To Know
The article discusses the impact of the Federal Reserves decision to cut its benchmark interest rate by 25 basis points, which led to a positive response in the stock market. Tech stocks, including Cloudflare, saw significant gains as investors reacted to the news. The Feds decision was influenced by signs of a weakening labor market, and the prospect of looser monetary policy has fueled optimism on Wall Street. Cloudflares stock jumped 4.4%, indicating that the market views the news as meaningful but not fundamentally altering its business perception. The article highlights the volatility of Cloudflares shares, noting that they have experienced significant price movements over the past year.
growth-negative
Intuit's Guidance Falling Short of Expectations Weighing on Stock Despite In-Line Fiscal Q4 Results, UBS Says
Intuit (INTU) reported fiscal Q4 results that were largely in line with expectations. However, the companys guidance for Q1 revenue and fiscal 2026 global business outlook suggests potential challenges ahead. The article implies a growth-negative impact due to these projections. No specific details about new partnerships, acquisitions, or investments were mentioned. The company is in the released product stage, and there is no indication of AI technology development or FDA approval. The article does not mention any layoffs, investment amounts, or specific dates for future events.
growth-positive
AI Isn't Eating These Software Stocks, Analyst Says
The article discusses an analysis by investment bank Jefferies, which counters the prevailing belief that AI is negatively impacting software stocks. Instead, Jefferies suggests that companies like Microsoft will benefit from the AI wave. This perspective is seen as growth-positive for Microsoft, indicating that the company is well-positioned to capitalize on AI advancements. The article highlights the potential for software companies to thrive in the evolving AI landscape, with Jefferies expressing confidence in Microsofts ability to ride this wave.
growth-positive
SS&C Technologies Stock Earns IBD Rating Upgrade
SS&C Technologies has received an upgrade in its IBD Relative Strength Rating, indicating improved stock performance. This upgrade is a positive signal for the companys market position and could attract more investors. The article highlights the companys enhanced price performance, which has led to this rating upgrade by Investors Business Daily. No specific details about partnerships, customer changes, or financial transactions are mentioned in the article.
growth-positive
Intuit & 2 Other Profitable Stocks to Buy for 2H25
The article discusses the importance of investing in profitable companies and highlights Intuit Inc., Dave Inc., and Nova Ltd. as top picks for the second half of the year due to their high net income ratios. These companies have been selected based on their profitability and strong performance metrics, including a Zacks Rank of #1 (Strong Buy) and higher-than-industry sales and net income growth over the past 12 months. Intuit offers financial management and compliance products, Dave provides financial services, and Nova designs and sells process control systems for the semiconductor industry.
Team Members
5
Employees: 201-500
Web & Social Links
| Website | www.intuit.com/ |
Locations
Park Ofer, הפסגות 9, פתח תקווה, Israel
Mountain View, CA, USA
Photos & Videos
2 item(s)
Intuit Business
Business models
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Product stage
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Employees
201-500
Sector
—Target Customer
—Core Technology
—Tags (9)
artificial-intelligencefintechmobile-paymentspaymentsdata-protectionpersonal-financecloud-securitymachine-learningdata-scienceIntuit Financials
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Total funding
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Capital raised
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Last funding
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Funding stage
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Investors
Intuit Lifecycle
Intuit News
25 articles
growth-positive
JFrog, Amplitude, Freshworks, Intuit, and Cloudflare Stocks Trade Up, What You Need To Know
The article discusses the impact of the Federal Reserves decision to cut its benchmark interest rate by 25 basis points, which led to a positive response in the stock market. Tech stocks, including Cloudflare, saw significant gains as investors reacted to the news. The Feds decision was influenced by signs of a weakening labor market, and the prospect of looser monetary policy has fueled optimism on Wall Street. Cloudflares stock jumped 4.4%, indicating that the market views the news as meaningful but not fundamentally altering its business perception. The article highlights the volatility of Cloudflares shares, noting that they have experienced significant price movements over the past year.
growth-negative
Intuit's Guidance Falling Short of Expectations Weighing on Stock Despite In-Line Fiscal Q4 Results, UBS Says
Intuit (INTU) reported fiscal Q4 results that were largely in line with expectations. However, the companys guidance for Q1 revenue and fiscal 2026 global business outlook suggests potential challenges ahead. The article implies a growth-negative impact due to these projections. No specific details about new partnerships, acquisitions, or investments were mentioned. The company is in the released product stage, and there is no indication of AI technology development or FDA approval. The article does not mention any layoffs, investment amounts, or specific dates for future events.
growth-positive
AI Isn't Eating These Software Stocks, Analyst Says
The article discusses an analysis by investment bank Jefferies, which counters the prevailing belief that AI is negatively impacting software stocks. Instead, Jefferies suggests that companies like Microsoft will benefit from the AI wave. This perspective is seen as growth-positive for Microsoft, indicating that the company is well-positioned to capitalize on AI advancements. The article highlights the potential for software companies to thrive in the evolving AI landscape, with Jefferies expressing confidence in Microsofts ability to ride this wave.
growth-positive
SS&C Technologies Stock Earns IBD Rating Upgrade
SS&C Technologies has received an upgrade in its IBD Relative Strength Rating, indicating improved stock performance. This upgrade is a positive signal for the companys market position and could attract more investors. The article highlights the companys enhanced price performance, which has led to this rating upgrade by Investors Business Daily. No specific details about partnerships, customer changes, or financial transactions are mentioned in the article.
growth-positive
Intuit & 2 Other Profitable Stocks to Buy for 2H25
The article discusses the importance of investing in profitable companies and highlights Intuit Inc., Dave Inc., and Nova Ltd. as top picks for the second half of the year due to their high net income ratios. These companies have been selected based on their profitability and strong performance metrics, including a Zacks Rank of #1 (Strong Buy) and higher-than-industry sales and net income growth over the past 12 months. Intuit offers financial management and compliance products, Dave provides financial services, and Nova designs and sells process control systems for the semiconductor industry.
growth-positive
5 Must-Buy Growth Stocks for July After an Impressive June
The article discusses the positive performance of major stock indexes in June and the expected continuation of this trend in July due to strong economic data. It highlights five growth stocks recommended for July, including AppLovin Corp., which is noted for its strong fundamentals and growth potential. AppLovin has introduced AI-powered AXON 2.0 technology and expanded its gaming studios, boosting revenue growth. The company is also increasing its reach in the direct-to-consumer and e-commerce space with its AI-enabled Audience+ marketing platform. AppLovin is expected to achieve significant revenue and earnings growth this year.
Product StageCustomers
growth-positive
Zacks.com featured highlights include Intuit, Nova, Newmont and Pagaya Technologies
The article discusses the importance of liquidity in evaluating company stocks, highlighting Intuit Inc. as a top-ranked stock to consider for investment. It emphasizes that a company with adequate liquidity can potentially deliver higher returns, though high liquidity may also indicate inefficiency in asset utilization. The article explains various financial ratios, such as the current ratio, quick ratio, and cash ratio, which help gauge a companys ability to meet debt obligations. Intuit, a business and financial software company, is noted for its financial, accounting, and tax preparation software services, making it a potentially profitable investment due to its favorable liquidity.
growth-positive
Bet on These 4 Top-Performing Liquid Stocks for Solid Gains
The article discusses the importance of liquidity in assessing a companys financial health and its ability to meet debt obligations. It highlights that companies with adequate liquidity, such as Intuit Inc., Nova Ltd., Newmont Corporation, and Pagaya Technologies, can potentially deliver higher returns. The article explains various financial ratios like the current ratio, quick ratio, and cash ratio, which help gauge a companys financial stability. It also emphasizes the significance of asset utilization as a measure of a companys efficiency. Investors are advised to consider these factors when evaluating stocks for investment.
growth-positive
3 Stocks Estimated To Be Trading At Discounts Of Up To 18.7%
Oddity Tech Ltd., a consumer tech company specializing in digital-first brands in the beauty and wellness sectors, is currently trading below its estimated fair value, suggesting potential undervaluation. The company has a market cap of $3.43 billion and is experiencing strong revenue growth, with projections indicating a 22% to 23% increase by 2025. Earnings are expected to grow at 21.53% annually over the next three years, with a high return on equity projected at 28.9%. Despite recent stock volatility, the companys strong cash flow prospects and growth potential make it an attractive investment opportunity.
Expand
growth-positive
US High Growth Tech Stocks With Strong Potential
Intuit Inc., a leader in the financial software sector, is experiencing growth driven by its focus on digital payment solutions and enhancing user experience. The company recently introduced Tap to Pay on iPhone for QuickBooks users, which integrates into QuickBooks Online, facilitating transaction management. Intuits commitment to research and development is evident, with $1.5 billion spent last year, representing 11% of its total revenue of $13.6 billion. The companys strategic initiatives are expected to sustain its growth, with forecasted earnings growth of 16.3% annually and revenue growth of 11.3%. Intuits market cap is approximately $174.48 billion, and it continues to innovate in response to evolving market demands.
Product StageCustomers
growth-negative
Trump Trade: President said to end IRS Direct File, block DeepSeek
The article discusses the impact of President Donald Trumps policies on various industries and stocks. It highlights the Trump administrations move to restrict Nvidias sale of AI chips to China, potentially affecting DeepSeek, a Chinese AI company. The U.S. is considering penalties against DeepSeek, which could block its access to U.S. technology and services. Additionally, the article mentions the planned elimination of the IRS Direct File program and unusual stock trading activities linked to Trump family appointments. The Trump Media and Technology Group has raised concerns about suspicious trading activities related to its stock.
growth-positive
3 Stocks That May Be Trading Up To 36.1% Below Their Intrinsic Value Estimates
The article discusses the current state of the U.S. stock market, highlighting the potential for undervalued stocks to offer significant upside potential once market conditions stabilize. Oddity Tech Ltd., a consumer tech company focused on beauty and wellness, is identified as one such undervalued stock. With a market capitalization of approximately $2.51 billion, Oddity Tech is trading at $47.61, significantly below its estimated fair value of $74.54. The company has shown a 27% increase in quarterly sales year-over-year and a modest rise in net income, indicating a robust growth trajectory. The article suggests that Oddity Techs future prospects are promising, with earnings expected to grow significantly over the next three years.
growth-positive
אינטואיט פותחת מעבדת חדשנות בישראל; אלי רטה ינהל אותה -
Intuit, the American fintech company, announced the opening of a new innovation lab in Israel, focusing on developing technologies with high potential impact despite low realization chances. Eli Rata, with extensive managerial experience from companies like Answers.com, EverCrowd, WhoDoYou, and GE Healthcare, has been appointed to lead the lab. The lab will operate from Intuits development center in Israel, which has around 500 employees. Ratas team will include developers, product engineers, and researchers with startup backgrounds, focusing on GenAI and advanced cybersecurity. Rata expressed excitement about the challenge, aiming to develop technologies that could significantly impact the industry and provide substantial value to customers worldwide.
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growth-positive
Intuit marks a decade in Israel: "Recognizing the untapped potential"
The fintech giant Intuit celebrated a decade of its operations in Israel, marking the anniversary of its acquisition of the Israeli company Check in 2014. Intuits development center in Israel is its second-largest outside the U.S., focusing on advanced technological capabilities. The company has expanded significantly over the past decade, acquiring companies like Credit Karma, Mailchimp, and Imvision. Intuit now employs over 500 people in Israel and plans to continue expanding its operations and workforce. The company serves over 100 million small businesses and individual customers worldwide.
AcquisitionExpand
growth-negative
Intuit Misled Consumers With ‘Free’ TurboTax Ads, FTC Judge Says
Intuit Inc. has been ruled by a Federal Trade Commission judge to have misled consumers by falsely advertising its TurboTax product as free, when most customers had to pay to use the tax preparation software. The company has been ordered to stop advertising its products as free and to clearly disclose when consumers are eligible for free tax-filing services. Intuit has stated it will appeal the decision, and expects no significant impact to its business. The company previously settled with state regulators over similar allegations, agreeing to pay $141 million in fines and to be more clear in its web design and advertisements about which services are free.
Customers
growth-positive
Intuit appoints Moti Eliav as its new Israel Site Leader | CTech
Intuit has appointed Moti Eliav as Intuit Israels new Site Leader and General Manager. Eliav will be responsible for scaling the sites impact and seeking top tech talent. Intuit Israel focuses on developing advanced capabilities and technologies to protect customers and utilize data. The company serves over 100 million customers worldwide and acquired Mailchimp for approximately $12 billion. The Israel site is Intuits second development center outside the U.S. and employs over 350 people.
Management Changes
growth-positive
Intuit acquiring API security startup Imvision for $50 million
Intuit is acquiring Israeli startup Imvision, a platform to secure enterprise APIs. The acquisition will allow Intuit to integrate security at the platform layer and protect its clients APIs. Imvision has raised $8 million to date and the acquisition is estimated to be around $50 million. The acquisition is expected to add 20 of Imvisions employees to Intuits team. Intuits R&D center in Israel employs over 300 engineers, data scientists, and security experts. The acquisition reflects Intuits commitment to strengthening its investment in API security.
Acquisition
growth-positive
Office Tour: Intuit Offices - Petah Tikva
Intuit collaborated with Axelrod Architects and Gensler to design their office in Petah Tikva, Israel. The office design reflects Intuits commitment to providing a diverse and innovative workplace environment. The office features open spaces, natural light, and a warm color palette. It includes various workstations, meeting rooms, and recreational areas. The design incorporates elements of Israeli culture and vitality while adhering to Intuits design handbook.
Partners
growth-negative
Israeli employees among 715 fired by financial software giant Intuit
Intuit Inc. is cutting 7% of its workforce worldwide, resulting in the layoff of 715 employees. The CEO, Sasan Goodarzi, announced the decision in a letter to the employees. The company plans to invest in its most strategic areas and add more than 700 roles in the future. The layoffs come as part of the companys transformation and efforts to increase velocity. Intuits development center in Israel, which employs around 200 people, will also be affected by the layoffs.
Layoffs
growth-positive
US fintech firm Intuit to grow R&D presence in Israel
Intuit Inc. plans to triple its research and development team in Israel by setting up a new R&D campus in Petah Tikva. The company has signed a lease for a space that can accommodate up to 500 employees, compared to its current count of 180. Intuit provides financial management and compliance software and services. The company started its activities in Israel through the acquisition of two startups and is now focusing on artificial intelligence, machine learning, data science, and information security developments. Intuit sees Israel as its second global development center after Bangalore and aims to tap into the talented pool of workers in the country. The company believes that diversity is crucial for meeting the demands and needs of its diverse customer base. Intuit also expresses interest in making additional acquisitions in Israel.
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growth-positive
Intuit Acquires Data Analytics Startup Origami Logic
Intuit Inc. has announced its agreement to acquire Origami Logic, a data analytics startup. The acquisition will help Intuit deliver personalized insights to its customers. Origami Logic offers market performance and market insight analytics to various brands. In its last funding round, the company raised $15.2 million, bringing its total funding to $64.5 million. The financial details of the acquisition were not disclosed, but it is reported that Intuit did not pay much more than Origami Logics total funding raised. The acquisition is expected to close in the fourth quarter of the fiscal year 2019.
Acquisition
growth-positive
Gene Golovinsky Appointed Head of Intuit's Operations in Israel
Intuit Inc. has appointed Gene Golovinsky as the head of its Israeli branch. The companys Israeli offices are being relocated, and Intuit plans to hire additional employees. Intuit has made two acquisitions in Israel, including the purchase of bill-payment service Check Inc. for $360 million in 2014. The company is open to more acquisitions but had a potential deal fall through in December.
ExpandAcquisition
Fintech giant Intuit to hire hundreds in Israel
growth-positive
Intuit's AI Team in Israel Develops Overdraft Prediction Service
Intuit Inc. has formed a team of data scientists and engineers in Israel to develop machine learning algorithms for its financial software offerings. The team recently upgraded Intuits money manager app, Mint, by adding a feature that alerts users when they are at risk of a bank account overdraft. The development of this new service was motivated by the desire to prevent users from incurring unnecessary expenses. Intuit plans to hire more AI experts in the coming years. The company previously acquired bill-payment service Check Inc. in 2014 and cloud security company Portictor in 2015.
Expand
growth-positive
Intuit to buy Israeli cloud security co Porticor
Intuit plans to acquire Porticor, an Israeli company specializing in cloud-based security. This is Intuits fifth acquisition this year. The transaction is expected to close in the next week.
Acquisition
Intuit Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 203 |
| Team members | 5 |
Similar Companies
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Intuit Internal
Recent Updates
Eran Levin
· eranl@sncentral.org · Automatic · 2024-08-07 05:50:41.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-06 19:25:33.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-06 19:25:15.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-17 18:58:33.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-17 19:09:23.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-03-20 06:24:57.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-06 19:25:15.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-17 19:09:09.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-06 19:26:50.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-01-25 07:55:31.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-05 14:43:21.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-01-25 16:24:36.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-22 06:40:18.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-17 18:57:44.000000
Yotam Maman
· yotamm1988@gmail.com · Manual · 2021-12-21 19:09:41.000000
Yotam Maman
· yotamm1988@gmail.com · Manual · 2021-12-21 19:05:19.000000
Yotam Maman
· yotamm1988@gmail.com · Manual · 2021-12-21 19:05:17.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-06-28 05:58:09.000000
Rom Lotan
· rom.lotan@gmail.com · Manual · 2018-12-24 22:20:32.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2019-01-28 10:36:59.000000
Rom Lotan
· rom.lotan@gmail.com · Manual · 2018-12-24 22:20:29.000000
Rom Lotan
· rom.lotan@gmail.com · Manual · 2018-12-24 22:20:29.000000
Rom Lotan
· rom.lotan@gmail.com · Manual · 2018-12-24 22:20:29.000000
Rom Lotan
· rom.lotan@gmail.com · Manual · 2018-12-24 22:20:29.000000
Sivan Geva
· sivan_geva@intuit.com · Manual · 2018-01-03 11:12:42.000000
Sivan Geva
· sivan_geva@intuit.com · Manual · 2018-01-03 11:23:54.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-02-04 08:15:25.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-02-04 08:15:25.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-02-04 08:15:25.000000
Gil Fosh
· gilfosh@gmail.com · Manual · 2017-12-27 13:07:36.000000
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Admin Info
| Confidence | 80/100 |
| Missing | product stage, sector, business model, funding rounds, markets |
| BI Verification | Yanina Wainscheinker |
| Crunchbase | intuit |
| Phone | +97297668396 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-11-17T00:00:00.000Z |
| Created | 2016-05-29T00:00:00.000Z |
| Status detail | Public on NASDAQ on Mar, 1993; |