Intuit (NASDAQ:INTU) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Intuit (NASDAQ:INTU) from a hold rating to a buy rating in a research note released on Sunday morning.

Several other brokerages have also recently issued reports on INTU. TD Cowen assumed coverage on Intuit in a research report on Thursday, January 8th. They issued a “buy” rating and a $802.00 target price on the stock. Independent Research set a $875.00 price objective on shares of Intuit in a report on Tuesday, November 18th. Evercore ISI restated an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 price target on shares of Intuit in a research report on Friday, November 21st. Finally, Wolfe Research dropped their price target on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus target price of $784.81.

Intuit Stock Down 4.7%

Shares of Intuit stock opened at $605.28 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a market cap of $168.43 billion, a price-to-earnings ratio of 41.37, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25. The company’s 50 day moving average is $654.42 and its 200 day moving average is $688.26.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts anticipate that Intuit will post 14.09 EPS for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.8%. Intuit’s payout ratio is 32.81%.

Insider Activity

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Intuit

A number of institutional investors have recently added to or reduced their stakes in INTU. Tortoise Investment Management LLC increased its holdings in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares during the last quarter. Dogwood Wealth Management LLC grew its holdings in Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares in the last quarter. Sagard Holdings Management Inc. bought a new stake in Intuit in the 2nd quarter worth approximately $28,000. Finally, True Wealth Design LLC raised its holdings in shares of Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after acquiring an additional 27 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada is partnering with Intuit QuickBooks to offer an integrated service for small and mid‑sized businesses in Canada — a commercial partnership that could expand QuickBooks adoption and revenue in an important SMB market. BDO Canada and Intuit QuickBooks Partner
• Positive Sentiment: Fundsmith Equity Fund has reestablished a stake in Intuit, signaling conviction from a well‑known long‑term investor and providing institutional support for the stock. Fundsmith Reestablished Its Stake
• Positive Sentiment: Analyst commentary and strategy pieces highlight Intuit as a growth name (Zacks: “strong growth stock”) — reinforcing the company’s longer‑term revenue and profitability trajectory driven by QuickBooks and AI investments. Zacks Growth Stock Coverage
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral (Hold) rating and a $720 price target — a vote of confidence on valuation upside but not a buy recommendation, which can limit near‑term bullish momentum. Goldman Sachs Coverage
• Neutral Sentiment: Company thought‑leadership and product guidance pieces (on AI and funnel strategy) reiterate Intuit’s long‑term focus on product-led growth and SMB enablement; useful for conviction but unlikely to move the stock alone. Intuit Funnel Strategy Commentary
• Negative Sentiment: Short‑term selling: headlines note Intuit’s share price falling while the broader market gains (profit‑taking, technical selling), which explains today’s downward move despite positive operational news. INTU Stock Sinks as Market Gains

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.