Daiwa Securities Group Lowers Intuit (NASDAQ:INTU) Price Target to $640.00

Key Points

• Daiwa Securities cut its price target on Intuit from $800 to $640 while keeping a "buy" rating, a move that still implies roughly a 45% upside; the analyst consensus target sits near $648.73 with a "Moderate Buy" rating.
• Fundamentals remain strong: Intuit beat quarterly expectations (EPS $4.15 vs. $3.68; revenue $4.65B vs. $4.53B), set mid‑to‑high single‑digit guidance for FYs, and announced an AI partnership with Anthropic that could bolster product stickiness.
• Significant insider selling has occurred recently—CEO sold 41,000 shares and the CFO sold 1,335, with insiders offloading ~269,596 shares in the last 90 days and insider ownership at about 2.49%—a potential signal for investor scrutiny.

Intuit (NASDAQ:INTU - Get Free Report) had its price target lowered by stock analysts at Daiwa Securities Group from $800.00 to $640.00 in a note issued to investors on Thursday,MarketScreener reports. The firm presently has a "buy" rating on the software maker's stock. Daiwa Securities Group's price objective would suggest a potential upside of 45.46% from the company's previous close.

Other analysts also recently issued reports about the stock. Evercore restated an "outperform" rating and set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. Mizuho dropped their price objective on shares of Intuit from $675.00 to $600.00 and set an "outperform" rating on the stock in a report on Monday. Wall Street Zen lowered shares of Intuit from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. BMO Capital Markets dropped their price target on Intuit from $624.00 to $550.00 and set an "outperform" rating on the stock in a research note on Friday, February 27th. Finally, Oppenheimer lowered their price objective on shares of Intuit from $696.00 to $558.00 and set an "outperform" rating on the stock in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Intuit currently has a consensus rating of "Moderate Buy" and an average target price of $648.73.

Intuit Price Performance

INTU opened at $439.98 on Thursday. The stock has a market cap of $121.68 billion, a P/E ratio of 28.50, a P/E/G ratio of 1.76 and a beta of 1.26. Intuit has a 12 month low of $349.00 and a 12 month high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The company has a fifty day simple moving average of $511.47 and a 200 day simple moving average of $611.47.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analysts' expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company's revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.32 earnings per share. 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, research analysts expect that Intuit will post 14.09 EPS for the current year.

Insider Activity at Intuit

In other news, CFO Sandeep Aujla sold 1,335 shares of Intuit stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business's stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 269,596 shares of company stock worth $178,119,764 in the last 90 days. 2.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intuit

Hedge funds have recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group increased its position in Intuit by 8.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,136 shares of the software maker's stock valued at $753,000 after acquiring an additional 93 shares during the period. SHP Wealth Management bought a new stake in shares of Intuit in the fourth quarter worth $149,000. EJMK Ventures LLC acquired a new stake in Intuit in the fourth quarter valued at $315,000. Caitong International Asset Management Co. Ltd bought a new position in Intuit during the 4th quarter worth $1,129,000. Finally, Reflection Asset Management acquired a new position in Intuit during the 4th quarter worth about $276,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a broad AI partnership with Anthropic to build customizable AI agents for mid‑market businesses — this deep integration could accelerate product stickiness and workflow automation for SMB customers, reinforcing Intuit’s competitive moat. Read More.
• Positive Sentiment: Recent quarterly results beat expectations (strong EPS and revenue growth) and management set mid‑to‑high single‑digit FY guidance, giving fundamentals-based support to the stock despite sector worries. Read More.
• Positive Sentiment: Analyst sentiment shows some conviction: Argus reportedly upgraded Intuit to “strong‑buy” in coverage notes, which can attract buyers looking for durable growth exposure. Read More.
• Positive Sentiment: Industry commentary frames recent weakness as a buying opportunity given Intuit’s entrenched market position and proactive AI adoption — a narrative that could support longer‑term inflows if execution continues. Read More.
• Positive Sentiment: Channel expansion: Mendelson Consulting was named an official reseller for Intuit’s enterprise suite, which may help distribution and adoption in key accounts. Read More.
• Neutral Sentiment: Argus also trimmed its price target (from $780 to $580) while keeping a “buy” view — a mixed signal that narrows upside expectations but preserves a constructive stance. Read More.
• Negative Sentiment: Multiple firms cut price targets (TD Cowen to $633, Mizuho to $600, JPMorgan lowered its target), which increases headline-driven selling and likely explains near‑term weakness as quant and momentum funds react. Read More.
• Negative Sentiment: Mizuho trimmed its target to $600, adding to the cluster of downward PT revisions that compress consensus upside and can pressure the stock while analysts reassess AI and margin assumptions. Read More.
• Negative Sentiment: JPMorgan lowered its price target on fintech names (including Intuit), signaling broader sector caution that can hurt Intuit’s near‑term sentiment even though company fundamentals remain solid. Read More.

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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