Intuit (NASDAQ:INTU) Price Target Cut to $800.00 by Analysts at Stifel Nicolaus

Key Points

• Intuit's stock price target has been reduced by analysts at Stifel Nicolaus from $850 to $800, while still maintaining a "buy" rating, indicating a potential upside of 14.65% from the current price.
• Several other analysts have also adjusted their price targets, with most setting them between $750 and $870, leading to an average price target of $804.86 and a consensus rating of "Moderate Buy."
• Intuit's recent earnings report showed a stronger-than-expected performance, with earnings per share of $2.75, beating estimates, and a revenue increase of 20.3% year-over-year.

Intuit (NASDAQ:INTU - Get Free Report) had its target price reduced by analysts at Stifel Nicolaus from $850.00 to $800.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the software maker's stock. Stifel Nicolaus' price target indicates a potential upside of 14.65% from the stock's current price.

Several other analysts have also weighed in on the stock. Evercore ISI lifted their target price on shares of Intuit from $685.00 to $785.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. BMO Capital Markets lifted their target price on shares of Intuit from $820.00 to $870.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. UBS Group set a $750.00 target price on shares of Intuit and gave the company a "neutral" rating in a research report on Friday, May 23rd. The Goldman Sachs Group lifted their target price on shares of Intuit from $750.00 to $860.00 and gave the company a "buy" rating in a research report on Monday, May 19th. Finally, Citigroup lifted their price target on shares of Intuit from $789.00 to $815.00 and gave the company a "buy" rating in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Intuit currently has an average rating of "Moderate Buy" and a consensus price target of $804.86.

Intuit Stock Performance

NASDAQ INTU opened at $697.76 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.45 and a quick ratio of 1.45. The company's fifty day moving average is $758.91 and its two-hundred day moving average is $673.86. Intuit has a 52-week low of $532.65 and a 52-week high of $813.70. The firm has a market capitalization of $194.64 billion, a price-to-earnings ratio of 56.64, a P/E/G ratio of 2.69 and a beta of 1.28.

Intuit (NASDAQ:INTU - Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 19.07% and a return on equity of 21.46%. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period in the previous year, the business earned $1.99 EPS. The firm's revenue was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. Equities research analysts forecast that Intuit will post 14.09 EPS for the current year.

Insider Buying and Selling

In other Intuit news, CFO Sandeep Aujla sold 16,061 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $726.13, for a total value of $11,662,373.93. Following the completion of the transaction, the chief financial officer directly owned 197 shares of the company's stock, valued at approximately $143,047.61. The trade was a 98.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Scott D. Cook sold 72,442 shares of the business's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $741.29, for a total transaction of $53,700,530.18. Following the completion of the transaction, the insider directly owned 6,063,495 shares of the company's stock, valued at approximately $4,494,808,208.55. This represents a 1.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 279,800 shares of company stock valued at $209,725,054. Insiders own 2.68% of the company's stock.

Institutional Investors Weigh In On Intuit

Institutional investors have recently modified their holdings of the business. Copia Wealth Management acquired a new stake in shares of Intuit during the 4th quarter worth approximately $25,000. Tortoise Investment Management LLC grew its position in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock worth $25,000 after buying an additional 27 shares during the period. Westside Investment Management Inc. grew its position in shares of Intuit by 161.5% during the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker's stock worth $27,000 after buying an additional 21 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Intuit during the 4th quarter worth approximately $28,000. Finally, Dogwood Wealth Management LLC grew its position in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker's stock worth $28,000 after buying an additional 19 shares during the period. Institutional investors and hedge funds own 83.66% of the company's stock.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

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