![]() Intuit offers a suite of financial software products which include: QuickBooks, TurboTax, Credit Karma, Mint and now Mailchimp which was recently acquired. ![]() Thus, let's dive into the Business Model, Financials and Valuation for the juicy details. Intuit stock is still undervalued intrinsically and relative to historic multiples, despite the gap between price and value closing slightly. The high inflation numbers released in the fourth quarter of 2021 and the subsequent interest hikes, acted as one catalyst for the stock price to plummet by ~47%.Since then the stock has made gains of ~20% (since my last post), but is still down substantially from its highs. Intuit's share price went on a tremendous bull in 2020 and increased by over 200% from the March lows till the December highs. By the 1990s, the company had 1.3 million customers and today they have over 100 million customers. The company was founded in 1983 in Mountain View, California and rode the wave in digital accounting. LOANS ARE ARRANGED THROUGH 3RD PARTY LENDERS.Intuit ( NASDAQ: INTU) is a leading financial software provider, which focuses on helping small businesses. NO MORTGAGE SOLICITATION ACTIVITY OR LOAN APPLICATIONS FOR PROPERTIES LOCATED IN THE STATE OF NEW YORK CAN BE FACILITATED THROUGH THIS SITE. THIS SITE IS NOT AUTHORIZED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR RESIDENTIAL MORTGAGE LOAN INQUIRY. CFL License #60DBO-116115 | License and disclosure | NMLS Consumer Access LEAD GENERATOR ONLY, NOT ACTING IN THE CAPACITY OF A MORTGAGE LOAN ORIGINATOR, MORTGAGE BROKER, MORTGAGE CORRESPONDENT LENDER OR MORTGAGE LENDER. In California loans are made or arranged by Intuit Mortgage Inc. (CFL #6055856) | Licenses The Mint Mortgage experience is a service offered by Intuit Mortgage Inc., a subsidiary of Intuit Inc, NMLS #1979518. In California, loans are made or arranged by Intuit Financing Inc. ![]() ( NMLS #1136148), a subsidiary of Intuit Inc. ![]() Intuit Personal Loan Platform is a service offered by Intuit Financing Inc. ![]()
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