INTU is trading at $436.63 (+4.19%) during today's open session, bucking a broader market decline as the stock continues its rally following a strong Q2 earnings report.
- The company recently reported a 17% increase in revenue to $4.7B and a 25% rise in EPS, beating analyst expectations on February 26.
- Momentum is further supported by ongoing AI initiatives, including a partnership with Anthropic and CEO commentary regarding the integration of AI and human intelligence.
- Shares are outperforming the S&P 500 and Nasdaq, which are currently down between 0.8% and 1% amid geopolitical volatility.