Intuit’s (INTU) “Outperform” Rating Reiterated at Mizuho

Mizuho reissued their outperform rating on shares of Intuit (NASDAQ:INTU) in a research report report published on Friday,Benzinga reports. Mizuho currently has a $430.00 target price on the software maker’s stock.

Several other equities research analysts have also weighed in on the company. Rothschild & Co Redburn cut their target price on Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Bank of America downgraded shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 target price for the company. in a research note on Wednesday, August 26th. UBS Group reiterated a “neutral” rating on shares of Intuit in a research report on Friday. Wolfe Research lowered Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $385.00 price target on shares of Intuit in a research note on Friday. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $431.55.

Intuit Price Performance

INTU stock opened at $303.19 on Friday. The business’s fifty day moving average price is $325.51 and its 200 day moving average price is $349.49. Intuit has a 12-month low of $252.84 and a 12-month high of $705.08. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $81.02 billion, a PE ratio of 18.38, a P/E/G ratio of 0.88 and a beta of 0.98.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, sell-side analysts anticipate that Intuit will post 23.01 EPS for the current year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be issued a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a yield of 1.8%. Intuit’s payout ratio is presently 29.09%.

Insider Transactions at Intuit

In related news, CAO Lauren D. Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 285 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,476 shares of company stock valued at $481,538. 2.49% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Rench Wealth Management Inc. boosted its holdings in Intuit by 93.9% in the second quarter. Rench Wealth Management Inc. now owns 16,451 shares of the software maker’s stock valued at $4,294,000 after purchasing an additional 7,966 shares during the last quarter. Capstone Financial Advisors Inc. increased its holdings in Intuit by 91.2% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,048 shares of the software maker’s stock worth $274,000 after purchasing an additional 500 shares during the last quarter. National Pension Service increased its holdings in Intuit by 8.6% during the 2nd quarter. National Pension Service now owns 700,231 shares of the software maker’s stock worth $182,760,000 after purchasing an additional 55,375 shares during the last quarter. Triad Investment Management raised its position in shares of Intuit by 39.4% in the 2nd quarter. Triad Investment Management now owns 8,559 shares of the software maker’s stock valued at $2,234,000 after purchasing an additional 2,421 shares in the last quarter. Finally, Engineers Gate Manager LP raised its position in shares of Intuit by 2,259.7% in the 2nd quarter. Engineers Gate Manager LP now owns 19,515 shares of the software maker’s stock valued at $5,093,000 after purchasing an additional 18,688 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit emphasized AI as a central growth driver, targeting faster product development, broader adoption and improved customer acquisition. Management believes AI-enabled features and higher-value services can support future revenue and earnings growth. INTU Doubles Down on AI: Can Intelligence Drive the Next Growth Wave?
• Positive Sentiment: The company introduced QuickBooks Free and Lite offerings to expand its small-business funnel. The strategy could increase customer adoption and create additional opportunities to monetize payments and premium services over time. Intuit Launches QuickBooks Free
• Positive Sentiment: Several analysts maintained constructive views: Mizuho reiterated an Outperform rating with a $430 target, while RBC kept an Outperform rating with a $385 target. TD Cowen also maintained its $346 target, indicating some analysts see meaningful upside after the selloff.
• Neutral Sentiment: At its investor day, Intuit reaffirmed first-quarter and fiscal 2027 guidance rather than raising expectations. Maintaining the outlook supports visibility, but the lack of an upgrade may have disappointed investors seeking stronger near-term growth signals. Intuit Hosts Investor Day
• Negative Sentiment: Analysts highlighted slower core growth, customer-acquisition challenges and elevated investment needs. Bank of America maintained a Hold rating and a $360 target, while Truist and Stifel kept Hold ratings with $300 targets, reflecting uncertainty over the pace and payoff of Intuit’s initiatives.
• Negative Sentiment: Investors remain concerned about TurboTax market-share pressure and slowing QuickBooks Online customer growth. Although free products may widen the funnel, they could also weigh on near-term monetization as Intuit invests to attract users.

About Intuit

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.