Intuit Inc. (NASDAQ:INTU) Receives Consensus Rating of “Moderate Buy” from Analysts

Intuit Inc. (NASDAQ:INTU) has earned an average rating of “Moderate Buy” from the thirty-two brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and twenty-four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $514.5806.

A number of equities research analysts have commented on INTU shares. BNP Paribas Exane reduced their target price on Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Jefferies Financial Group reduced their target price on Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Scotiabank set a $575.00 target price on Intuit in a report on Friday, March 6th. The Goldman Sachs Group downgraded Intuit from a “neutral” rating to a “sell” rating and reduced their target price for the company from $519.00 to $276.00 in a report on Tuesday. Finally, KeyCorp reduced their target price on Intuit from $520.00 to $450.00 and set an “overweight” rating for the company in a report on Thursday, May 21st.

Insider Buying and Selling

In other news, Director Vasant M. Prabhu purchased 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average price of $309.71 per share, with a total value of $154,855.00. Following the purchase, the director directly owned 1,750 shares of the company’s stock, valued at $541,992.50. This represents a 40.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director directly owned 13,253 shares of the company’s stock, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Joseph Group Capital Management acquired a new position in shares of Intuit during the 4th quarter worth $25,000. Intesa Sanpaolo Wealth Management acquired a new position in Intuit in the 4th quarter valued at about $25,000. MTM Investment Management LLC raised its stake in Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in Intuit in the 3rd quarter valued at about $33,000. Finally, Birchwood Financial Partners Inc. acquired a new position in Intuit in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

Shares of NASDAQ INTU opened at $322.14 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a fifty day moving average price of $388.38 and a 200 day moving average price of $495.29. Intuit has a 1-year low of $300.50 and a 1-year high of $813.70. The company has a market cap of $88.12 billion, a PE ratio of 19.51, a P/E/G ratio of 1.34 and a beta of 0.98.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period last year, the company earned $11.65 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Sell-side analysts forecast that Intuit will post 17.6 EPS for the current year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.5%. Intuit’s dividend payout ratio is currently 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, citing concerns that pricing issues and competition could pressure TurboTax growth and margins. Intuit Stock Slides After Goldman Downgrades To Sell
• Negative Sentiment: Several legal headlines added to the pressure, with law firms launching securities-fraud investigations after the stock’s recent drop on pricing concerns. INTU Stock Drop: Intuit Investigated for Securities Fraud after Stock Plummets 20% on Pricing Issues
• Negative Sentiment: Forbes highlighted that Intuit has become one of the S&P 500’s worst performers this year, reflecting investor concern over how much value the company has lost in the past year. Intuit Becomes S&P 500’s Worst Performer This Year: Here’s Why
• Negative Sentiment: Another report noted that an investor could be viewing Intuit as “a falling knife,” underscoring weakening sentiment after the recent plunge. Why Is Intuit Stock Crashing, and is it a Generational Buying Opportunity?
• Neutral Sentiment: Some commentary still points to long-term strengths, including AI initiatives in Mailchimp and arguments that Intuit may be undervalued, but these positives are being overshadowed by the near-term downgrade and legal headlines. Mailchimp’s AI Bet: Can Intuit Unlock the Next Growth Lever?

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.