Intuit (NASDAQ:INTU) Price Target Cut to $600.00 by Analysts at Deutsche Bank Aktiengesellschaft

Intuit (NASDAQ:INTU) had its target price lowered by Deutsche Bank Aktiengesellschaft from $850.00 to $600.00 in a research note issued to investors on Friday,MarketScreener reports. The firm currently has a buy rating on the software maker’s stock.

A number of other research firms also recently issued reports on INTU. Jefferies Financial Group set a $650.00 price target on Intuit in a research report on Sunday, February 22nd. TD Cowen dropped their target price on shares of Intuit from $802.00 to $658.00 and set a “buy” rating for the company in a research report on Monday, February 9th. KeyCorp reduced their price target on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a research report on Friday. The Goldman Sachs Group decreased their price objective on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Barclays cut their target price on shares of Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Twenty-three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and a consensus target price of $660.07.

Intuit Trading Up 3.7%

NASDAQ:INTU traded up $14.61 during mid-day trading 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 debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market cap of $113.82 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.61 and a beta of 1.24. The company’s fifty day simple moving average is $526.10 and its two-hundred day simple moving average is $618.06. Intuit has a twelve month low of $349.00 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.02%. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same period in the prior year, the firm posted $3.32 EPS. The company’s revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts predict that Intuit will post 14.09 EPS for the current year.

Intuit Announces Dividend

The firm 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 dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is presently 32.81%.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the transaction, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 in the last ninety days. 2.49% of the stock is currently owned by corporate insiders.

Institutional Trading of Intuit

Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Intuit during the 4th quarter valued at approximately $3,058,407,000. Alliancebernstein L.P. increased its stake in Intuit by 183.8% during the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after purchasing an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit during the first quarter worth $785,564,000. Winslow Capital Management LLC acquired a new stake in shares of Intuit during the second quarter worth $782,677,000. Finally, Vanguard Group Inc. lifted its position in shares of Intuit by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after buying an additional 914,024 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Summary

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.