Intuit (NASDAQ:INTU) Given New $550.00 Price Target at BMO Capital Markets

Intuit (NASDAQ:INTU) had its target price decreased by BMO Capital Markets from $624.00 to $550.00 in a research report report published on Friday morning, Marketbeat Ratings reports. BMO Capital Markets currently has an outperform rating on the software maker’s stock.

Other research analysts also recently issued research reports about the stock. Evercore restated an “outperform” rating and set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a research note on Sunday, February 22nd. UBS Group set a $739.00 price objective on Intuit in a research note on Tuesday, January 6th. Oppenheimer cut their price target on shares of Intuit from $868.00 to $696.00 and set an “outperform” rating for the company in a report on Tuesday, February 3rd. Finally, KeyCorp reduced their price objective on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Twenty-three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $660.07.

Intuit Price Performance

Shares of Intuit stock traded up $14.61 on Friday, reaching $409.03. The company’s stock had a trading volume of 8,178,665 shares, compared to its average volume of 4,931,490. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $113.82 billion, a P/E ratio of 26.49, a PEG ratio of 1.61 and a beta of 1.24. The stock has a 50-day moving average price of $526.10 and a 200-day moving average price of $618.06. Intuit has a 52-week low of $349.00 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.02%. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. 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, April 17th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.2%. Intuit’s dividend payout ratio is 32.81%.

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the sale, the director directly 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 388,464 shares of company stock worth $255,514,393. Insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Intuit

A number of institutional investors have recently added to or reduced their stakes in INTU. Anchor Investment Management LLC raised its position in Intuit by 1.8% in the fourth quarter. Anchor Investment Management LLC now owns 2,633 shares of the software maker’s stock worth $1,744,000 after acquiring an additional 46 shares in the last quarter. BDFS Capital LLC acquired a new position in shares of Intuit during the 4th quarter worth $619,000. Sit Investment Associates Inc. increased its holdings in shares of Intuit by 2.8% in the 4th quarter. Sit Investment Associates Inc. now owns 34,977 shares of the software maker’s stock valued at $23,169,000 after purchasing an additional 965 shares in the last quarter. MidFirst Bank acquired a new stake in shares of Intuit in the fourth quarter valued at about $393,000. Finally, SG Trading Solutions LLC purchased a new stake in Intuit during the fourth quarter worth about $864,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

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

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.