Intuit (NASDAQ:INTU – Get Free Report)‘s stock had its “outperform” rating reiterated by equities research analysts at Mizuho in a report released on Friday, Benzinga reports. They presently have a $430.00 target price on the software maker’s stock. Mizuho’s price objective indicates a potential upside of 41.32% from the stock’s current price.
Several other research analysts also recently weighed in on INTU. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $385.00 target price on shares of Intuit in a report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Intuit in a research note on Tuesday, September 8th. Morgan Stanley dropped their price objective on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a report on Wednesday, August 26th. Argus lowered their target price on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Finally, UBS Group reissued a “neutral” rating on shares of Intuit in a research note on Friday. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Intuit currently has an average rating of “Hold” and an average price target of $431.55.
Read Our Latest Stock Analysis on Intuit
Intuit Stock Performance
Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same period last year, the firm earned $2.75 EPS. Intuit’s revenue for the quarter was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities analysts anticipate that Intuit will post 23.49 EPS for the current year.
Insiders Place Their Bets
In other Intuit news, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 285 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. This trade represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,476 shares of company stock worth $481,538. Insiders own 2.49% of the company’s stock.
Institutional Investors Weigh In On Intuit
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Rench Wealth Management Inc. boosted its holdings in Intuit by 93.9% during the second quarter. Rench Wealth Management Inc. now owns 16,451 shares of the software maker’s stock worth $4,294,000 after buying an additional 7,966 shares in the last quarter. Capstone Financial Advisors Inc. increased its stake in shares of Intuit by 91.2% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,048 shares of the software maker’s stock valued at $274,000 after purchasing an additional 500 shares in the last quarter. National Pension Service raised its holdings in Intuit by 8.6% in the 2nd quarter. National Pension Service now owns 700,231 shares of the software maker’s stock worth $182,760,000 after purchasing an additional 55,375 shares during the period. Triad Investment Management raised its holdings in Intuit by 39.4% in the 2nd quarter. Triad Investment Management now owns 8,559 shares of the software maker’s stock worth $2,234,000 after purchasing an additional 2,421 shares during the period. Finally, Engineers Gate Manager LP boosted its position in Intuit by 2,259.7% during the second quarter. Engineers Gate Manager LP now owns 19,515 shares of the software maker’s stock worth $5,093,000 after purchasing an additional 18,688 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.
Trending Headlines about Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: RBC reaffirmed its “Outperform” rating and assigned a $385 price target, implying roughly 25% upside from the recently cited share price. The bullish view provides support for INTU by signaling confidence in the company’s long-term growth prospects.
- Positive Sentiment: Intuit launched QuickBooks Free, a no-cost accounting plan intended to expand the product funnel and attract small-business users who may later adopt paid services, including payments. The strategy could help address slowing online customer growth. Intuit Launches QuickBooks Free
- Positive Sentiment: QuickBooks Online expanded its integration with Solera’s Qapter, allowing collision-repair shops to transfer estimate details directly into accounting workflows. The partnership could improve product value and support adoption among specialized small businesses. Qapter and QuickBooks Online Integration
- Neutral Sentiment: At its Investor Day, Intuit reaffirmed first-quarter and fiscal 2027 guidance, including first-quarter EPS of $2.44–$2.48 and fiscal-year EPS of $22.88–$23.12. Maintaining guidance reduces the risk of a near-term estimate reset but does not provide a new upside catalyst. Intuit Investor Day
- Negative Sentiment: Bank of America analyst Tal Liani maintained a “Hold” rating and $360 price target, citing slower core growth and elevated investment needs. The cautious assessment may be weighing on INTU as investors question how quickly new initiatives will translate into profitable growth. Bank of America Maintains Hold on Intuit
Intuit Company Profile
Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.
Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.
Intuit was founded in 1983 by Scott Cook and Tom Proulx.
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