Intuit (NASDAQ:INTU) Price Target Cut to $558.00 by Analysts at Oppenheimer

Intuit (NASDAQ:INTU) had its price objective reduced by Oppenheimer from $696.00 to $558.00 in a research note published on Friday morning,Benzinga reports. They currently have an outperform rating on the software maker’s stock.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a report on Sunday, February 22nd. Mizuho set a $675.00 target price on shares of Intuit in a research note on Thursday, February 19th. Stifel Nicolaus cut their price target on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research note on Friday. Citigroup lowered their price target on Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Evercore restated an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $660.07.

Intuit Stock Performance

Shares of NASDAQ INTU traded up $14.61 during mid-day trading on Friday, hitting $409.03. The stock had a trading volume of 8,178,665 shares, compared to its average volume of 4,931,490. The firm has a market cap of $113.82 billion, a PE ratio of 26.49, a PEG ratio of 1.61 and a beta of 1.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The company has a 50 day moving average of $526.10 and a two-hundred day moving average of $618.06. Intuit has a twelve month low of $349.00 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a return on equity of 24.02% and a net margin of 21.57%.The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Research analysts predict that Intuit will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is 32.81%.

Insider Transactions at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit 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 sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 388,464 shares of company stock valued at $255,514,393 over the last ninety days. Company insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Hedge funds have recently bought and sold shares of the business. Tortoise Investment Management LLC grew its position in shares of Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares in the last quarter. Joseph Group Capital Management purchased a new position in Intuit during the fourth quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new position in Intuit during the fourth quarter worth $25,000. Westside Investment Management Inc. grew its holdings in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares in the last quarter. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Intuit in the 2nd quarter worth $28,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

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.