Intuit (NASDAQ:INTU) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Intuit (NASDAQ:INTU) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. The brokerage issued a hold rating and a $720.00 price target on the software maker’s stock.

Several other brokerages also recently weighed in on INTU. Truist Financial initiated coverage on shares of Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price objective on the stock. Wolfe Research reduced their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. UBS Group set a $739.00 price objective on Intuit in a report on Tuesday, January 6th. Evercore ISI reaffirmed an “outperform” rating and set a $875.00 target price on shares of Intuit in a research note on Tuesday, November 18th. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $794.62.

Intuit Trading Down 6.4%

Shares of NASDAQ INTU opened at $566.60 on Monday. Intuit has a 12-month low of $532.65 and a 12-month high of $813.70. The company has a market cap of $157.67 billion, a price-to-earnings ratio of 38.73, a price-to-earnings-growth ratio of 2.47 and a beta of 1.25. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock’s 50 day simple moving average is $652.65 and its 200 day simple moving average is $687.41.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The firm had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm’s revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts expect that Intuit will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be given a $1.20 dividend. The ex-dividend date is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.8%. Intuit’s dividend payout ratio (DPR) is 32.81%.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the sale, the director owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 388,464 shares of company stock worth $255,514,393. Company insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Several large investors have recently added to or reduced their stakes in INTU. Norges Bank acquired a new position in shares of Intuit in the 2nd quarter valued at $3,268,830,000. Alliancebernstein L.P. increased its holdings in Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after purchasing an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in Intuit in the first quarter valued at about $785,564,000. Winslow Capital Management LLC bought a new position in Intuit during the second quarter worth about $782,677,000. Finally, Vanguard Group Inc. grew its position in shares of Intuit by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after buying an additional 914,024 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada and Intuit announced a partnership to serve small and mid‑sized businesses in Canada, which could expand Intuit’s customer reach and Drive recurring revenue in QuickBooks and related services. BDO Canada, Intuit team up
• Positive Sentiment: Zacks highlights Intuit as a strong growth stock—reiterating solid fundamentals, revenue growth drivers (SMB & consumer tax products), and favorable style scores that support longer‑term investor interest. Here’s Why Intuit is a Strong Growth Stock
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral (hold) rating and a $720 price target — the PT implies meaningful upside, but the neutral stance tempers near‑term buying momentum; Goldman also cited AI adoption as a tailwind. Goldman Sachs Assumes Coverage of Intuit
• Neutral Sentiment: Zacks also flagged INTU as drawing above‑average investor attention recently — increased search/traffic can precede volatility but isn’t directional on its own. Intuit is Attracting Investor Attention
• Neutral Sentiment: Coverage noting INTU “outperforms competitors despite losses” points to relative strength within the sector even as the stock pulls back—useful context for active traders and longs. Intuit outperforms competitors despite losses
• Negative Sentiment: Articles noting that Intuit’s stock “sinks as market gains” emphasize short‑term selling pressure and market‑wide rotation away from high‑multiple software names; this likely explains today’s decline. Intuit stock sinks as market gains

Intuit Company Profile

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.