Intuit Inc. (NASDAQ:INTU) Receives Average Rating of "Hold" from Brokerages

Key Points

• Intuit has a consensus “Hold” rating from 31 brokerages: 17 rate it Buy, 11 Hold and 3 Sell. The average 12-month price target is approximately $434.68, though several analysts recently lowered their targets.
• Intuit exceeded quarterly expectations, reporting $4.03 EPS and $4.35 billion in revenue, with revenue up 13.7% year over year. The company issued fiscal 2027 EPS guidance of $22.88–$23.12.
• The company raised its quarterly dividend to $1.38 per share, representing an annualized yield of about 1.7%. Investors are also watching upcoming management presentations and securities-fraud class-action notices tied to alleged TurboTax-related statements.

Intuit Inc. (NASDAQ:INTU - Get Free Report) has been assigned a consensus recommendation of "Hold" from the thirty-one brokerages that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seventeen have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $434.6774.

A number of research analysts have weighed in on the stock. Evercore reiterated an "outperform" rating on shares of Intuit in a research note on Tuesday, August 18th. Jefferies Financial Group lowered their price target on shares of Intuit from $550.00 to $500.00 and set a "buy" rating on the stock in a report on Sunday, August 23rd. Morgan Stanley dropped their price objective on Intuit from $335.00 to $315.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 26th. Royal Bank Of Canada reduced their price objective on Intuit from $600.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, May 21st. Finally, Mizuho lowered their target price on Intuit from $500.00 to $430.00 and set an "outperform" rating on the stock in a research note on Monday, August 17th.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit will host its annual Investor Day on Sept. 17, where management may provide additional detail on its growth strategy, product outlook and financial targets. The event could help investors reassess the company’s recently issued fiscal 2027 guidance. Intuit to Host Annual Investor Day on September 17
• Positive Sentiment: CFO Sandeep Aujla is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on Sept. 10, giving investors another opportunity to hear management address growth, demand and guidance. Intuit CFO Sandeep Aujla to Present at the Goldman Sachs Communacopia + Technology Conference
• Neutral Sentiment: KeyCorp’s fiscal 2027 EPS estimate of $23.06 is essentially in line with the roughly $23.03 consensus estimate, suggesting no meaningful new earnings revision from that coverage. KeyCorp Intuit earnings estimates
• Negative Sentiment: Several law firms announced or promoted securities-fraud class actions involving Intuit, with a Sept. 8 lead-plaintiff deadline. The allegations reportedly concern statements about TurboTax growth and cover periods ranging from February or August 2025 through May or June 2026. Although the notices do not establish wrongdoing, the repeated litigation coverage raises reputational, legal-cost and potential-liability concerns. Intuit Securities Fraud Lawsuit Deadline Intuit Investor Class Action

Insider Transactions at Intuit

In related news, CAO Lauren D. Hotz sold 907 shares of the company's stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 338 shares of the firm's stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares of the company's stock, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their ownership of the stock. 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. Insiders have sold 2,146 shares of company stock valued at $662,666 in the last quarter. Company insiders own 2.49% of the company's stock.

Institutional Investors Weigh In On Intuit

Several institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker's stock valued at $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock valued at $511,000 after acquiring an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new position in Intuit during the first quarter valued at approximately $785,564,000. Sivia Capital Partners LLC grew its stake in Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker's stock valued at $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker's stock worth $370,000 after acquiring an additional 51 shares during the period. Hedge funds and other institutional investors own 83.66% of the company's stock.

Intuit Stock Down 3.4%

INTU stock opened at $332.70 on Friday. The stock has a market cap of $91.01 billion, a P/E ratio of 20.16, a P/E/G ratio of 0.95 and a beta of 0.98. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. The stock's fifty day simple moving average is $315.84 and its two-hundred day simple moving average is $354.38. Intuit has a 1-year low of $252.84 and a 1-year high of $705.08.

Intuit (NASDAQ:INTU - Get Free Report) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business's revenue was up 13.7% compared to the same quarter last year. During the same period last year, the firm posted $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. Analysts expect that Intuit will post 23.49 EPS for the current year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be paid a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. This is an increase from Intuit's previous quarterly dividend of $1.20. Intuit's dividend payout ratio (DPR) is presently 29.09%.

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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