Several analysts have recently updated their ratings and price targets for Intuit (NASDAQ: INTU):
- 8/3/2026 – Intuit had its “hold” rating reaffirmed by Truist Financial Corporation. They now have a $350.00 price target on the stock, down from $410.00.
- 7/28/2026 – Intuit was downgraded by TD Cowen from “buy” to “hold”. They now have a $304.00 price target on the stock, down from $504.00.
- 7/21/2026 – Intuit was downgraded by Morgan Stanley from “overweight” to “equal weight”. They now have a $335.00 price target on the stock, down from $580.00.
- 7/20/2026 – Intuit had its price target lowered by Susquehanna from $550.00 to $427.00. They now have a “positive” rating on the stock.
- 7/14/2026 – Intuit is now covered by Piper Sandler. They set an “underweight” rating and a $250.00 price target on the stock.
- 7/14/2026 – Intuit was upgraded by Piper Sandler to “strong sell”.
- 6/17/2026 – Intuit had its “hold” rating reaffirmed by Stifel Nicolaus. They now have a $275.00 price target on the stock, down from $375.00.
- 6/11/2026 – Intuit was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
Intuit Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were given a $1.20 dividend. The ex-dividend date was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. Intuit’s payout ratio is currently 29.07%.
Insiders Place Their Bets
In other news, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director owned 11,758 shares of the company’s stock, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of $309.71 per share, with a total value of $154,855.00. Following the completion of the transaction, the director directly owned 1,750 shares in the company, valued at approximately $541,992.50. The trade was a 40.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 1,239 shares of company stock worth $348,354 in the last 90 days. Company insiders own 2.49% of the company’s stock.
Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.
Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.
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