Intuit (NASDAQ:INTU – Free Report) had its price target reduced by UBS Group from $725.00 to $440.00 in a research report report published on Friday,MarketScreener reports. They currently have a neutral rating on the software maker’s stock.
INTU has been the subject of several other reports. Mizuho set a $675.00 target price on Intuit in a research note on Thursday, February 19th. Wells Fargo & Company lowered their target price on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research note on Tuesday. Citigroup reduced their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a research report on Friday. JPMorgan Chase & Co. lowered their price objective on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Twenty-three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $660.07.
View Our Latest Report on INTU
Intuit Price Performance
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.02% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the firm earned $3.32 earnings per share. The business’s revenue 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. On average, equities research analysts predict that Intuit will post 14.09 earnings per share for the current fiscal year.
Intuit Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 32.81%.
Insider Activity
In other Intuit news, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the transaction, the director owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 388,464 shares of company stock valued at $255,514,393 over the last quarter. 2.49% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Intuit
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NEOS Investment Management LLC boosted its stake in shares of Intuit by 63.8% during 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 boosted its position in Intuit by 8.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after acquiring an additional 3,600 shares during the last quarter. Nicholson Wealth Management Group LLC acquired a new position in shares of Intuit in the 3rd quarter valued at about $1,465,000. Hantz Financial Services Inc. boosted its position in shares of Intuit by 50.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after purchasing an additional 10,661 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Intuit by 11.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 145,211 shares of the software maker’s stock worth $99,166,000 after purchasing an additional 15,471 shares during the period. 83.66% of the stock is owned by institutional investors.
Intuit News Summary
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.
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