Intuit (NASDAQ:INTU) Rating Increased to Neutral at BNP Paribas Exane

Key Points

• BNP Paribas Exane upgraded Intuit from "underperform" to "neutral" and set a $463 price target, implying roughly a 5.2% upside from the prior close.
• Intuit beat expectations for the quarter with $4.15 EPS vs. $3.68 expected and $4.65B revenue vs. $4.53B, and issued FY2026 guidance of $22.98–$23.18 EPS.
• Outlooks and insider activity are mixed: MarketBeat's consensus is a "Moderate Buy" with an average target of $638.23, broker targets vary widely, and insiders sold significant shares (including the CEO selling 41,000 shares).

Intuit (NASDAQ:INTU - Get Free Report) was upgraded by equities researchers at BNP Paribas Exane from an "underperform" rating to a "neutral" rating in a report issued on Monday, MarketBeat Ratings reports. The brokerage currently has a $463.00 price target on the software maker's stock. BNP Paribas Exane's price target suggests a potential upside of 5.24% from the stock's previous close.

Several other brokerages have also weighed in on INTU. BMO Capital Markets dropped their target price on Intuit from $624.00 to $550.00 and set an "outperform" rating on the stock in a research report on Friday, February 27th. Royal Bank Of Canada lowered their price target on shares of Intuit from $850.00 to $600.00 and set an "outperform" rating for the company in a research report on Friday, February 27th. Truist Financial assumed coverage on shares of Intuit in a report on Tuesday, January 6th. They issued a "buy" rating and a $739.00 price objective on the stock. Scotiabank set a $575.00 price objective on shares of Intuit in a research report on Friday, March 6th. Finally, Independent Research set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $638.23.

Intuit Trading Up 1.1%

Intuit stock opened at $439.96 on Monday. The company has a market cap of $121.67 billion, a P/E ratio of 28.49, a PEG ratio of 1.77 and a beta of 1.27. Intuit has a 1 year low of $349.00 and a 1 year high of $813.70. The firm's 50-day moving average is $482.31 and its 200-day moving average is $599.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

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

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the firm's stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer owned 536 shares of the company's stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 120,501 shares of company stock worth $79,983,892. 2.49% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Intuit

Several hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its position in Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker's stock worth $2,233,000 after acquiring an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit in the 1st quarter worth approximately $785,564,000. Sivia Capital Partners LLC raised its holdings in shares of Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker's stock worth $698,000 after purchasing an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC lifted its stake in Intuit by 12.2% during the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker's stock valued at $370,000 after purchasing an additional 51 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

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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