Intuit Inc. (NASDAQ:INTU) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Intuit has an average analyst rating of “Moderate Buy” from 32 brokerages, with 24 buy ratings and 8 hold ratings. The average 1-year price target from recent coverage is about $525.65.
• The company’s latest earnings beat expectations, with EPS of $12.80 versus $12.57 expected and revenue of $8.56 billion versus $8.54 billion expected. Intuit also raised/confirmed guidance for fiscal 2026 and reported year-over-year revenue growth of 10.4%.
• Recent insider and institutional activity was mixed: director Vasant Prabhu bought shares while another director previously sold some, and institutional investors continue to hold a large stake in the company. Meanwhile, some analysts trimmed price targets, and legal investigations over pricing and securities-law issues added headline risk.

Intuit Inc. (NASDAQ:INTU - Get Free Report) has earned an average recommendation of "Moderate Buy" from the thirty-two brokerages that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $525.6452.

A number of analysts recently issued reports on INTU shares. Wall Street Zen downgraded Intuit from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. Barclays lowered their target price on Intuit from $540.00 to $443.00 and set an "overweight" rating on the stock in a research report on Thursday, May 21st. Truist Financial lowered their target price on Intuit from $500.00 to $410.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Bank of America initiated coverage on Intuit in a research report on Wednesday. They set a "buy" rating and a $400.00 price target on the stock. Finally, Jefferies Financial Group lowered their price target on Intuit from $650.00 to $550.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the sale, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Vasant M. Prabhu acquired 1,250 shares of Intuit stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, with a total value of $386,812.50. Following the acquisition, the director owned 1,250 shares of the company's stock, valued at approximately $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Intuit

Institutional investors have recently made changes to their positions in the company. NEOS Investment Management LLC raised its position in Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker's stock worth $82,984,000 after purchasing an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co raised its position in Intuit by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker's stock worth $30,771,000 after purchasing an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC purchased a new position in shares of Intuit in the third quarter valued at about $1,465,000. Crossmark Global Holdings Inc. increased its position in shares of Intuit by 15.8% in the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker's stock valued at $32,526,000 after acquiring an additional 6,503 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Intuit by 50.3% in the third quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker's stock valued at $21,765,000 after acquiring an additional 10,661 shares during the period. Institutional investors own 83.66% of the company's stock.

Intuit Price Performance

NASDAQ:INTU opened at $313.00 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The stock's 50-day simple moving average is $392.72 and its 200 day simple moving average is $499.68. The company has a market cap of $85.62 billion, a P/E ratio of 18.96, a P/E/G ratio of 1.18 and a beta of 1.04. Intuit has a 52-week low of $300.50 and a 52-week high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $12.57 by $0.23. The business had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $11.65 earnings per share. 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, sell-side analysts forecast that Intuit will post 17.6 EPS for the current fiscal year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit's payout ratio is 29.07%.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Director Vasant Prabhu bought additional INTU shares near current levels, signaling insider confidence after the selloff. SEC Form 4 filing
• Positive Sentiment: Bank of America and other recent analyst commentary remained constructive, citing Intuit’s strong margins, AI tailwinds, and long-term growth runway, even though some price targets were trimmed. Proactive Investors article
• Positive Sentiment: Intuit’s latest earnings beat expectations, with revenue and EPS both ahead of consensus and full-year guidance reaffirming solid profitability. Intuit earnings summary
• Neutral Sentiment: Recent coverage also highlighted investor interest in Intuit, but much of it was broad commentary rather than a new business catalyst. Zacks article
• Negative Sentiment: Multiple law firms launched or promoted investigations into Intuit over alleged pricing issues and potential securities-law violations, adding headline risk and uncertainty. PR Newswire investigation notice
• Negative Sentiment: Recent analyst target cuts from firms including Citi, BMO, Mizuho, and Jefferies suggest the market has become more cautious on near-term upside. MarketBeat analyst coverage

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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