TD Cowen Reiterates Hold Rating for Intuit (NASDAQ:INTU)

Intuit (NASDAQ:INTU)‘s stock had its “hold” rating reissued by investment analysts at TD Cowen in a report released on Friday, Benzinga reports. They currently have a $346.00 price objective on the software maker’s stock. TD Cowen’s price objective would indicate a potential upside of 12.54% from the stock’s current price.

A number of other research firms have also recently issued reports on INTU. The Goldman Sachs Group lifted their target price on shares of Intuit from $276.00 to $304.00 and gave the company a “sell” rating in a research note on Wednesday, August 26th. BMO Capital Markets restated an “outperform” rating on shares of Intuit in a research note on Wednesday, August 26th. Northcoast Research cut their price target on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Citigroup reduced their price objective on shares of Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, 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 report on Friday, May 22nd. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $431.55.

Intuit Stock Down 1.8%

INTU stock traded down $5.68 during mid-day trading on Friday, hitting $307.45. The stock had a trading volume of 1,353,756 shares, compared to its average volume of 4,290,983. Intuit has a 1-year low of $252.84 and a 1-year high of $705.08. The company has a fifty day moving average of $324.95 and a 200 day moving average of $350.30. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $82.16 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 0.91 and a beta of 0.98.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm’s revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.75 EPS. 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, equities analysts expect that Intuit will post 23.49 EPS for the current fiscal year.

Insider Buying and Selling at Intuit

In related news, CAO Lauren Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard Dalzell sold 285 shares of the firm’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 owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,476 shares of company stock valued at $481,538. 2.49% of the stock is owned by insiders.

Hedge Funds Weigh In On Intuit

Large investors have recently made changes to their positions in the business. Sandy Cove Advisors LLC raised its stake in Intuit by 6.8% in the 4th quarter. Sandy Cove Advisors LLC now owns 376 shares of the software maker’s stock worth $249,000 after purchasing an additional 24 shares in the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of Intuit by 1.0% in 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 buying an additional 24 shares during the period. Verus Capital Partners LLC grew its position in Intuit by 5.2% during the fourth quarter. Verus Capital Partners LLC now owns 506 shares of the software maker’s stock worth $335,000 after buying an additional 25 shares in the last quarter. Legacy Wealth Managment LLC ID increased its stake in Intuit by 10.3% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker’s stock worth $115,000 after acquiring an additional 25 shares during the period. Finally, Prentice Wealth Management LLC raised its holdings in Intuit by 3.1% in the 1st quarter. Prentice Wealth Management LLC now owns 876 shares of the software maker’s stock valued at $379,000 after acquiring an additional 26 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit hosted its Investor Day and reaffirmed first-quarter and fiscal 2027 guidance, including previously issued targets of $2.44–$2.48 in first-quarter EPS and $22.88–$23.12 in fiscal 2027 EPS. The confirmation reduces the risk of a near-term guidance cut. Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2027 Guidance
• Positive Sentiment: QuickBooks Free and Lite are expanding Intuit’s customer funnel as online customer growth slows, while payments could provide an additional monetization opportunity over time. The strategy may support longer-term customer acquisition, although near-term revenue benefits remain uncertain. Intuit’s QuickBooks Free Push: Can This Lift Customer Growth?
• Positive Sentiment: Solera expanded its Qapter integration with QuickBooks Online, helping collision-repair businesses transfer estimate details directly into accounting workflows. The partnership strengthens QuickBooks’ ecosystem and product utility, though its financial impact is likely modest in the near term. Qapter and Intuit QuickBooks Online Integration
• Neutral Sentiment: Intuit has attracted unusually high investor attention, but search popularity is not itself a fundamental catalyst. Investors are likely focused on whether AI initiatives, customer acquisition efforts and payments growth can offset slower core expansion. Investors Heavily Search Intuit
• Negative Sentiment: Bank of America analyst Tal Liani maintained a Hold rating and kept a $360 price target, citing slower core growth and elevated investment requirements. The unchanged target and cautious stance may limit upside sentiment, particularly after Intuit’s stock decline from its 52-week high. Tal Liani Reiterates Hold on 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.