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

Shares of Intuit Inc. (NASDAQ:INTU) have received an average rating of “Moderate Buy” from the thirty-two analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and twenty-four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $514.5806.

Several analysts have recently issued reports on INTU shares. Evercore reduced their target price on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Barclays cut their price target on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Freedom Capital downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. HSBC decreased their price objective on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Finally, Oppenheimer cut their target price on Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st.

Insider Buying and Selling at Intuit

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

Institutional Trading of Intuit

Hedge funds have recently added to or reduced their stakes in the stock. GW&K Investment Management LLC increased its position in Intuit by 8.6% during the 3rd quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock valued at $138,000 after purchasing an additional 16 shares during the period. Betterment LLC lifted its position in shares of Intuit by 2.1% in the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after purchasing an additional 16 shares during the period. Cannell & Spears LLC lifted its position in shares of Intuit by 0.4% in the 3rd quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock worth $2,641,000 after purchasing an additional 16 shares during the period. Crawford Investment Counsel Inc. boosted its stake in shares of Intuit by 4.7% in the 3rd quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock valued at $257,000 after purchasing an additional 17 shares during the last quarter. Finally, Value Partners Investments Inc. boosted its stake in shares of Intuit by 0.4% in the 4th quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock valued at $2,629,000 after purchasing an additional 17 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of Intuit stock opened at $301.86 on Friday. Intuit has a 52 week low of $300.50 and a 52 week high of $813.70. 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 business has a 50 day moving average price of $380.18 and a 200-day moving average price of $487.99. The company has a market cap of $82.57 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 1.15 and a beta of 0.98.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion during 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 revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Equities analysts anticipate that Intuit will post 18.07 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Intuit investors, adding to concerns that the company could face shareholder litigation over its disclosures. Article
• Negative Sentiment: BFA Law and Schall Law both highlighted pending securities-fraud investigations related to Intuit’s pricing claims, reinforcing worries about potential legal overhang and management credibility. Article
• Negative Sentiment: Goldman Sachs reportedly cut Intuit, with one report citing intensifying AI-driven tax competition, which may signal slowing growth and margin pressure ahead. Article
• Neutral Sentiment: Intuit also announced upcoming investor conference presentations by CFO Sandeep Aujla and executive Mark Notarainni, which keeps management visible to the market but is unlikely by itself to move the stock materially. Article
• Neutral Sentiment: Some coverage continued to highlight Intuit as a top-ranked software name, but these pieces were more generic and did not offset the legal and analyst headlines driving sentiment. Article

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.