Intuit (NASDAQ:INTU – Get Free Report) had its price target reduced by investment analysts at Deutsche Bank Aktiengesellschaft from $850.00 to $600.00 in a report released on Friday,MarketScreener reports. The firm currently has a “buy” rating on the software maker’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 46.69% from the company’s previous close.
A number of other analysts have also weighed in on INTU. Wolfe Research cut their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Independent Research set a $875.00 price target on Intuit in a research report on Tuesday, November 18th. Truist Financial started coverage on shares of Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 price objective on the stock. Wells Fargo & Company dropped their price objective on Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a report on Tuesday. Finally, Daiwa Securities Group upped their price target on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Twenty-three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $660.07.
Read Our Latest Report on INTU
Intuit Stock Up 3.7%
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.02% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period last year, the company earned $3.32 EPS. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts expect that Intuit will post 14.09 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NEOS Investment Management LLC lifted its holdings in shares of Intuit by 63.8% in the third quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after purchasing an additional 47,330 shares in the last quarter. Varma Mutual Pension Insurance Co increased its holdings in Intuit by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock worth $30,771,000 after buying an additional 3,600 shares in the last quarter. Nicholson Wealth Management Group LLC purchased a new position in shares of Intuit during the third quarter valued at approximately $1,465,000. Hantz Financial Services Inc. boosted its position in shares of Intuit by 50.3% in the third quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock worth $21,765,000 after purchasing an additional 10,661 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Intuit by 11.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 145,211 shares of the software maker’s stock valued at $99,166,000 after purchasing an additional 15,471 shares during the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.
More Intuit News
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Q2 results beat: Intuit reported stronger-than-expected fiscal Q2 results — revenue grew ~17% and EPS topped consensus, and the company reaffirmed its FY26 revenue and EPS framework (FY26 EPS guide ~22.98–23.18). This confirms ongoing growth momentum and investor confidence in underlying businesses. Intuit Tops Q2 Earnings, Reaffirms FY26 Growth Outlook Amid AI Push
- Positive Sentiment: AI positioning: Management and analysts highlight Intuit’s AI investments (TurboTax, QuickBooks, Credit Karma integrations) as a structural tailwind — executives say AI is fueling the next growth phase and should deepen switching costs rather than displace the business. Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
- Positive Sentiment: Board signals confidence with dividend: Intuit declared a quarterly cash dividend of $1.20 per share (record April 9, pay April 17), underscoring cash generation and capital return policy. This supports income-oriented investor demand. Intuit Board Declares Cash Dividend, Signals Ongoing Confidence
- Neutral Sentiment: Analyst target updates mixed: Several firms trimmed price targets (Goldman, JPMorgan, Oppenheimer, RBC, others) but most maintained Buy/Outperform/Overweight stances — signaling caution on near-term multiple expansion while still backing the longer-term thesis. Monitor how these revisions affect sentiment and flows. Goldman Sachs adjusts price target on Intuit to $519 from $720; maintains neutral rating
- Negative Sentiment: Soft near-term guidance & higher marketing spend: Intuit’s Q3 guidance was softer than some expected — management flagged elevated marketing investment for peak U.S. tax season that will weigh on near-term margins and profit expectations, which triggered short-term selling pressure across headlines. Intuit Shares Tumble Despite Earnings Beat as Tax Season Outlook Disappoints
- Negative Sentiment: Market reaction: Despite the beat, coverage and write-ups emphasize the softer FQ3 outlook and tax-season margin pressure — multiple headlines note the stock initially slid after hours, reflecting sensitivity to forward guidance versus reported results. Investors should watch guidance execution and marketing ROI. Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook
About Intuit
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.
Featured Stories
- Five stocks we like better than Intuit
- 3 Signs You May Want to Switch Financial Advisors
- Unlocked: Elon Musk’s Next Big IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Man Who Predicted the iPhone Says Buy These 3 Companies
Receive News & Ratings for Intuit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuit and related companies with MarketBeat.com's FREE daily email newsletter.
