Royal Bank Of Canada Reaffirms “Outperform” Rating for Intuit (NASDAQ:INTU)

Intuit (NASDAQ:INTU)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report released on Friday, MarketBeat reports. They presently have a $385.00 price objective on the software maker’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 38.92% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. BNP Paribas Exane dropped their target price on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. UBS Group set a $370.00 target price on shares of Intuit in a research note on Thursday, August 27th. Citigroup dropped their target price on shares of Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. BMO Capital Markets reiterated an “outperform” rating on shares of Intuit in a research note on Wednesday, August 26th. Finally, Barclays dropped their price objective on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th. Sixteen 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 company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $431.55.

Intuit Trading Down 3.4%

INTU stock traded down $9.67 during mid-day trading on Friday, reaching $277.13. The company had a trading volume of 4,538,453 shares, compared to its average volume of 4,318,896. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $74.06 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 0.85 and a beta of 0.98. The firm has a 50 day moving average of $325.79 and a 200 day moving average of $344.83. Intuit has a 12 month low of $252.84 and a 12 month high of $703.96.

Intuit (NASDAQ:INTU) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The business had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm 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 predict that Intuit will post 23.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction that occurred 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 owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 285 shares of the stock in a transaction that occurred 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 sale, the director directly owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intuit

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fiduciary Financial Advisors purchased a new stake in Intuit during the second quarter valued at approximately $25,000. Sankala Group LLC purchased a new stake in Intuit during the fourth quarter valued at approximately $40,000. Whipplewood Advisors LLC purchased a new stake in Intuit during the first quarter valued at approximately $30,000. HHM Wealth Advisors LLC lifted its position in Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after acquiring an additional 30 shares during the last quarter. Finally, CrossGen Wealth LLC purchased a new stake in Intuit during the first quarter valued at approximately $32,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit News Roundup

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.