Intuit’s (INTU) Hold Rating Reaffirmed at Truist Financial

Intuit (NASDAQ:INTU)‘s stock had its “hold” rating reaffirmed by equities researchers at Truist Financial in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $300.00 target price on the software maker’s stock. Truist Financial’s price target would suggest a potential upside of 8.25% from the company’s current price.

Several other analysts have also issued reports on INTU. Piper Sandler boosted their target price on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research note on Wednesday, August 26th. Wells Fargo & Company cut their target price on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 26th. Royal Bank Of Canada reissued an “outperform” rating and issued a $385.00 price target on shares of Intuit in a research report on Friday, September 18th. The Goldman Sachs Group raised their price objective on shares of Intuit from $276.00 to $304.00 and gave the stock a “sell” rating in a report on Wednesday, August 26th. Finally, Argus lowered their target price on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Intuit presently has an average rating of “Hold” and a consensus price target of $431.55.

Intuit Stock Down 3.4%

INTU stock traded down $9.67 during mid-day trading on Friday, reaching $277.13. 4,538,453 shares of the company traded hands, compared to its average volume of 4,318,896. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average price is $325.79 and its 200 day moving average price is $344.83. The stock has a market cap of $74.06 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 0.85 and a beta of 0.98. Intuit has a fifty-two week low of $252.84 and a fifty-two week high of $703.96.

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

Insiders Place Their Bets

In other news, 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 transaction, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. This trade represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.49% of the stock is owned by insiders.

Institutional Trading of Intuit

Several institutional investors and hedge funds have recently modified their holdings of INTU. Sandy Cove Advisors LLC grew its stake in shares of Intuit by 6.8% during the fourth quarter. Sandy Cove Advisors LLC now owns 376 shares of the software maker’s stock valued at $249,000 after buying an additional 24 shares during the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of Intuit by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 2,349 shares of the software maker’s stock valued at $1,556,000 after purchasing an additional 24 shares during the period. Verus Capital Partners LLC boosted its stake in shares of Intuit by 5.2% during the fourth quarter. Verus Capital Partners LLC now owns 506 shares of the software maker’s stock valued at $335,000 after purchasing an additional 25 shares during the period. Legacy Wealth Managment LLC ID increased its stake in shares of Intuit by 10.3% in the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker’s stock worth $115,000 after buying an additional 25 shares during the period. Finally, Prentice Wealth Management LLC raised its holdings in Intuit by 3.1% during the 1st quarter. Prentice Wealth Management LLC now owns 876 shares of the software maker’s stock valued at $379,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Trending Headlines about 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

About Intuit

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.