Intuit Shares In Focus As Analyst Puts New Subscription Model, GenAI, Tax Laws Into Perspective
Intuit Shares In Focus As Analyst Puts New Subscription Model, GenAI, Tax Laws Into Perspective
Intuit Inc (NASDAQ:INTU) successfully transitioned to a subscription-based model while also showing additional upside from generative artificial intelligence (AI).
財捷股份有限公司（納斯達克股票代碼：INTU）在成功轉型爲基於訂閱的模式的同時，還從生成式人工智能（AI）中展示了額外的上行空間。
The Intuit Analyst: RBC Capital Markets' Rishi Jaluria initiated coverage of Intuit with an Outperform rating and price target of $760.
分析師對財捷的評價：加拿大皇家銀行資本市場公司（RBC Capital Markets）的Rishi Jaluria對財捷股票進行了覆蓋，並給出了跑贏大盤（Outperform）的評級，股價目標爲760美元。
The Intuit Thesis: Around 80% of Intuit's revenue is generated by recurring subscriptions. The company has achieved "greater platform expansion," Jaluria said in the initiation note.
關於財捷的論點：大約80％的財捷營業收入來自於重複的訂閱服務。該公司已經實現了“更大範圍的平台擴展”，Jaluria在最初的報告中指出。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Platform revenues now represent 77% of Intuit's total revenues, versus 53% five years ago and the mix-shift in favor of subscription and cloud would drive "better unique economics," he added.
現在，平台收入佔財捷總收入的77％，而5年前僅爲53％，傾向於訂閱和雲計算的混合轉變將驅動“更好的獨特經濟效益”，他補充道。
Intuit enjoys a market leadership position in tax and accounting software, which should be a tailwind as "tax codes and regulations become increasingly complex," the analyst wrote.
財捷在稅收和財務會計軟件領域擁有市場領軍地位，隨着“稅法和法規變得日益複雜”，這應是一個有利因素，分析師寫道。
Tax preparation and SMB accounting are "very services-heavy industries," Jaluria says. GenAI gives Intuit's customers the ability to automate and generate cost savings.
Jaluria說，稅務準備和中小企業會計是“非常依賴服務業的行業”。GenAI使財捷的客戶能夠自動化併產生成本節省。
He added that the company's non-GAAP and GAAP operating margins could reach around 40% and 30%, respectively, in fiscal 2026.
他補充說，財捷的非GAAP和GAAP運營利潤率可能分別在2026財年達到40％和30％左右。
INTU Price Action: Shares of Intuit had risen by 0.66% to $660.52 at the time of publication on Wednesday.
INTU股價行情：週三發佈時，財捷股票上漲了0.66％，至660.52美元。
- Marjorie Taylor Greene Buys Cybersecurity Stock Owned By Nancy Pelosi: Why Trade Could Draw Red Flags
- Marjorie Taylor Greene購買了南希·佩洛西擁有的網絡安全概念股票:爲什麼這筆交易可能引起關注
譯文內容由第三人軟體翻譯。