Intuit Inc. (NASDAQ:INTU) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Intuit, with 19 buy, 10 hold and three sell ratings among 32 brokerages. The average one-year price target is $461.23, though several firms recently lowered their targets.
• Intuit reported quarterly revenue of $8.56 billion, up 10.4% year over year, and adjusted earnings of $12.80 per share, exceeding estimates. Fiscal 2026 earnings guidance remains approximately $23.80–$23.85 per share.
• The company is expanding its AI strategy through an AI-powered Enterprise Suite designed to automate financial and back-office workflows, while also facing securities litigation alleging misrepresentations about its tax business and TurboTax’s competitive position.

Intuit Inc. (NASDAQ:INTU - Get Free Report) has been given an average recommendation of "Moderate Buy" by the thirty-two brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and nineteen have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $461.2258.

Several equities analysts recently commented on the company. Royal Bank Of Canada dropped their target price on Intuit from $600.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, May 21st. BNP Paribas Exane lowered their price objective on Intuit from $463.00 to $315.00 and set a "neutral" rating for the company in a research report on Thursday, May 21st. Rothschild & Co Redburn dropped their price objective on Intuit from $700.00 to $600.00 and set a "buy" rating on the stock in a report on Tuesday, June 2nd. BMO Capital Markets cut their target price on Intuit from $550.00 to $412.00 and set an "outperform" rating on the stock in a research report on Thursday, May 21st. Finally, Erste Group Bank upgraded Intuit to a "hold" rating in a research note on Monday, April 27th.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 500 shares of Intuit stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $309.71 per share, with a total value of $154,855.00. Following the completion of the transaction, the director owned 1,750 shares of the company's stock, valued at $541,992.50. The trade was a 40.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 1,239 shares of company stock valued at $348,354 in the last 90 days. Insiders own 2.49% of the company's stock.

Institutional Trading of Intuit

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Intuit in the second quarter valued at approximately $6,851,859,000. Norges Bank acquired a new position in shares of Intuit in the 4th quarter valued at $3,058,407,000. Bank of New York Mellon Corp acquired a new position in shares of Intuit in the 2nd quarter valued at $564,592,000. Arrowstreet Capital Limited Partnership raised its position in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker's stock valued at $1,684,795,000 after purchasing an additional 1,972,719 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in Intuit during the 2nd quarter worth $426,641,000. Institutional investors and hedge funds own 83.66% of the company's stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
• Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
• Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
• Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
• Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Intuit Stock Up 0.6%

Shares of NASDAQ:INTU opened at $336.44 on Wednesday. Intuit has a fifty-two week low of $252.84 and a fifty-two week high of $721.54. The firm's 50 day moving average price is $289.71 and its 200 day moving average price is $369.14. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock has a market cap of $92.03 billion, a price-to-earnings ratio of 20.38, a price-to-earnings-growth ratio of 1.06 and a beta of 0.97.

Intuit (NASDAQ:INTU - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to analysts' expectations of $8.54 billion. During the same quarter in the previous year, the business posted $11.65 EPS. The firm's revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities research analysts predict that Intuit will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. Intuit's dividend payout ratio (DPR) is presently 29.07%.

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.

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