Intuit (NASDAQ:INTU) Receives Hold Rating from TD Cowen

Intuit (NASDAQ:INTU)‘s stock had its “hold” rating reiterated by stock analysts at TD Cowen in a report issued on Friday, Benzinga reports. They presently have a $346.00 price objective on the software maker’s stock. TD Cowen’s price objective points to a potential upside of 24.85% from the stock’s current price.

A number of other analysts have also recently weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. HSBC dropped their target price on shares of Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Stifel Nicolaus set a $300.00 target price on shares of Intuit in a research report on Wednesday, August 26th. Evercore reaffirmed an “outperform” rating on shares of Intuit in a research report on Friday, September 18th. Finally, KeyCorp set a $400.00 target price on shares of Intuit in a research report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $431.55.

Intuit Stock Performance

Shares of Intuit stock traded down $9.67 on Friday, reaching $277.13. The stock had a trading volume of 4,538,453 shares, compared to its average volume of 4,318,896. The business’s 50-day moving average price is $325.79 and its two-hundred day moving average price is $344.83. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. Intuit has a fifty-two week low of $252.84 and a fifty-two week high of $703.96. The stock has a market cap of $74.06 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 0.85 and a beta of 0.98.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the previous year, the company earned $2.75 earnings per share. Intuit’s revenue for the quarter was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, sell-side analysts forecast that Intuit will post 23.01 EPS for the current year.

Insider Buying and Selling at Intuit

In other Intuit news, CAO Lauren Hotz sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard Dalzell sold 285 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. This trade represents a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Intuit

Institutional investors and hedge funds have recently bought and sold shares of the business. Rakuten Investment Management Inc. boosted its stake in shares of Intuit by 522.3% in the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after purchasing an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Intuit by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after purchasing an additional 471,451 shares in the last quarter. Vestcor Inc boosted its stake in shares of Intuit by 79.1% in the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after purchasing an additional 9,148 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Intuit by 119.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock valued at $37,452,000 after purchasing an additional 47,148 shares in the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of Intuit in the 2nd quarter valued at $1,643,000. Institutional investors own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit’s Investor Day emphasized artificial intelligence, customer acquisition, and scaling its platform. Management reaffirmed its fiscal 2027 guidance, suggesting that the company still expects its long-term strategy to support growth. UBS maintained a $360 price target, although it kept a Neutral rating. Intuit Bets on AI and Big Bets
• Positive Sentiment: One Wall Street view argues that the selloff has created substantial upside, with Intuit’s established franchise and AI investments potentially making the stock a recovery candidate rather than an AI-disruption casualty. Intuit AI Fears and Potential Gains
• Neutral Sentiment: Reported short interest totaled zero shares as of September 24, producing a zero-day short-interest ratio. This does not indicate meaningful short-selling pressure, but the figure may reflect incomplete or anomalous data.
• Neutral Sentiment: QuickBooks Free is being promoted with unlimited invoicing capabilities, which could help Intuit attract small-business users, though the direct financial impact is not yet clear. QuickBooks Free Unlimited Invoicing
• Negative Sentiment: Intuit remains down 17.1% since its latest earnings report. Although it exceeded quarterly revenue and earnings expectations, investors appear focused on whether growth can accelerate and whether the reaffirmed outlook is sufficient to support a rebound. Intuit Down Since Earnings
• Negative Sentiment: Investing commentator Joseph Carlson warned that agentic commerce—AI systems able to transact on behalf of users—could pressure Intuit’s role in financial workflows and payments. This adds to broader concerns that AI could disrupt Intuit’s competitive position. Agentic Commerce Could Hurt Intuit

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.