Shares of Intuit Inc. (NASDAQ:INTU – Get Free Report) have earned an average rating of “Moderate Buy” from the thirty-one analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and twenty-two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $498.40.
A number of brokerages have recently issued reports on INTU. Scotiabank set a $575.00 target price on shares of Intuit in a research note on Friday, March 6th. TD Cowen cut their target price on shares of Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Jefferies Financial Group cut their target price on shares of Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Royal Bank Of Canada cut their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Finally, Oppenheimer cut their target price on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st.
View Our Latest Stock Report on INTU
Intuit Price Performance
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) 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 company had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the previous year, the business earned $11.65 EPS. Intuit’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts predict that Intuit will post 18.19 earnings per share for the current fiscal year.
Intuit Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is 29.07%.
Insider Transactions at Intuit
In related news, Director Vasant M. Prabhu bought 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $309.71 per share, for a total transaction of $154,855.00. Following the purchase, the director owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the sale, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,239 shares of company stock worth $348,354. Company insiders own 2.49% of the company’s stock.
Institutional Investors Weigh In On Intuit
Institutional investors and hedge funds have recently bought and sold shares of the business. Joseph Group Capital Management acquired a new stake in Intuit during the fourth quarter worth about $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Intuit during the fourth quarter worth about $25,000. Pin Oak Investment Advisors Inc. acquired a new stake in Intuit during the third quarter worth about $33,000. Birchwood Financial Partners Inc. acquired a new stake in Intuit during the fourth quarter worth about $33,000. Finally, Barnes Dennig Private Wealth Management LLC raised its stake in Intuit by 54.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after acquiring an additional 19 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: INTU is benefiting from dip-buying after its steep decline, with investors stepping in near 52-week lows and supporting a bounce in the name.
- Positive Sentiment: Lower Treasury yields have boosted interest in software and other growth stocks, improving the backdrop for Intuit.
- Positive Sentiment: Intuit is set to highlight its rebuilt AI infrastructure at VB Transform 2026, reinforcing the company’s investment in scalable AI capabilities that could support future product growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
- Neutral Sentiment: Recent insider selling by Director Richard Dalzell was done under a pre-arranged trading plan, so it is not a strong signal by itself, but it can add to cautious sentiment when shares are already under pressure. Intuit director stock sale
- Negative Sentiment: Investor concerns increased after reports of pricing issues and a large stock drop led to a securities-fraud investigation notice, which could keep legal and reputational pressure on the stock. INTU Fraud Alert: Intuit Securities Fraud Investigation on behalf of Investors after Stock Drops 20% is Ongoing
- Negative Sentiment: Another law firm is also investigating claims on behalf of investors, adding to the legal overhang. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
- Negative Sentiment: Analysts have been cutting price targets and at least one major firm downgraded the stock, with concerns that management may lower near- to medium-term growth guidance.
- Negative Sentiment: Reports of QuickBooks outages and ongoing scrutiny around TurboTax pricing and AI disruption concerns are adding uncertainty around Intuit’s business outlook. Is Intuit’s QuickBooks down? Business owners report issues; company responds widespread outages
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.
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