The Discounted Cash Flow (DCF) valuation of Intuit Inc (INTU) is 302.93 USD. With the latest stock price at 670.28 USD, the upside of Intuit Inc based on DCF is -54.8%.

Is Intuit a buy or a sell?

Based on the latest price of 670.28 USD and our DCF valuation, Intuit Inc (INTU) is a sell. Selling Intuit stocks now will result in a potential gain of 54.8%.

	Range	Selected
WACC / Discount Rate	7.5% - 10.3%	8.9%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	204.53 - 595.36	302.93
Upside	-69.5% - -11.2%	-54.8%

670.28 USD

Stock Price

302.93 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

Intuit DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	07-2024	07-2025	07-2026	07-2027	07-2028	07-2029

Revenue	16,285	18,520	19,960	21,636	23,212	25,407
% Growth	13%	14%	8%	8%	7%	9%

Cost of goods sold	(3,465)	(3,744)	(3,833)	(3,947)	(4,023)	(4,183)
% of Revenue	21%	20%	19%	18%	17%	16%

Selling, G&A expenses	(5,730)	(6,517)	(7,023)	(7,613)	(8,167)	(8,940)
% of Revenue	35%	35%	35%	35%	35%	35%

Research & Development	(2,754)	(3,132)	(3,375)	(3,659)	(3,925)	(4,297)
% of Revenue	17%	17%	17%	17%	17%	17%

Net interest & other expenses	(786)	(894)	(963)	(1,044)	(1,120)	(1,226)
% of Revenue	5%	5%	5%	5%	5%	5%

Tax expense	(587)	(793)	(892)	(1,006)	(1,119)	(1,266)
Tax rate	17%	19%	19%	19%	19%	19%

Net profit	2,963	3,441	3,873	4,367	4,857	5,495
% Margin	18%	19%	19%	20%	21%	22%