Intuit (NASDAQ:INTU) Upgraded to “Hold” at The Goldman Sachs Group

Intuit (NASDAQ:INTU) was upgraded by investment analysts at The Goldman Sachs Group to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other analysts also recently weighed in on INTU. Cowen began coverage on Intuit in a research note on Wednesday, January 7th. They set a “buy” rating for the company. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a report on Sunday. Independent Research set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $850.00 target price on shares of Intuit in a research report on Friday, November 21st. Finally, Truist Financial initiated coverage on shares of Intuit in a report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Intuit has an average rating of “Moderate Buy” and a consensus target price of $784.81.

Intuit Trading Down 1.8%

NASDAQ:INTU opened at $635.44 on Monday. The company’s 50 day moving average is $655.53 and its 200-day moving average is $689.46. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit has a 12 month low of $532.65 and a 12 month high of $813.70. The firm has a market cap of $176.82 billion, a price-to-earnings ratio of 43.43, a P/E/G ratio of 2.64 and a beta of 1.25.

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

Insider Buying and Selling at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated 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 approximately $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 388,464 shares of company stock worth $255,514,393. Corporate insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Several institutional investors have recently added to or reduced their stakes in INTU. SeaCrest Wealth Management LLC raised its stake in shares of Intuit by 2.4% in the fourth quarter. SeaCrest Wealth Management LLC now owns 764 shares of the software maker’s stock valued at $498,000 after acquiring an additional 18 shares during the last quarter. Corundum Group Inc. lifted its stake in shares of Intuit by 36.7% during the fourth quarter. Corundum Group Inc. now owns 548 shares of the software maker’s stock valued at $363,000 after acquiring an additional 147 shares during the period. National Wealth Management Group LLC acquired a new position in Intuit during the 4th quarter valued at about $362,000. Tilia Fiduciary Partners Inc. lifted its holdings in Intuit by 5.2% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 3,524 shares of the software maker’s stock valued at $2,335,000 after buying an additional 173 shares during the period. Finally, Sax Wealth Advisors LLC boosted its stake in Intuit by 11.2% in the fourth quarter. Sax Wealth Advisors LLC now owns 487 shares of the software maker’s stock valued at $323,000 after acquiring an additional 49 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Fundsmith Equity Fund reestablished a stake in Intuit, signaling institutional confidence and potential buying support from a respected long-only investor. Here’s Why Fundsmith Equity Fund Reestablished Its Stake in Intuit (INTU)
• Positive Sentiment: BDO Canada announced a partnership with Intuit QuickBooks to offer integrated services to small and mid-sized businesses — a commercial expansion that could help drive subscription growth and cross-sell opportunities in a key SMB segment. BDO Canada and Intuit QuickBooks Partner…
• Positive Sentiment: Wall Street Zen upgraded Intuit to a “Buy,” which may lend support to the share price if other retail/institutional investors follow. Intuit (NASDAQ:INTU) Raised to “Buy” at Wall Street Zen
• Neutral Sentiment: A short-interest report in the feed shows nonsensical values (0 shares / NaN change), so it provides no clear signal about bearish positioning — treat as unreliable/administrative data. Short Interest Report (source)
• Neutral Sentiment: Intuit published marketing/educational content (QuickBooks tips to scale to £1m and culture/AI pieces) and an interview on marketing funnel strategy — useful for brand/engagement but unlikely to move the stock materially in the short term. Intuit QuickBooks: Five Tips to Scale Your Business to £1m Intuit’s Blueprint for Builder Culture in the Age of AI Intuit’s Thomas Ranese says the funnel isn’t dead…
• Neutral Sentiment: A QuiverQuant article included in the feed is about Intuitive Machines (LUNR), not Intuit (INTU); it appears to be a ticker-mapping or aggregation error and is not relevant to INTU fundamentals. Intuitive Machines Stock (LUNR) Opinions…
• Negative Sentiment: Wells Fargo downgraded Intuit to Equal Weight, a near-term negative catalyst that likely pressured the stock today by reducing buy-side conviction and increasing selling by tactically oriented funds. Intuit (NASDAQ:INTU) Cut to Equal Weight at Wells Fargo & Company

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.