Intuit (NASDAQ:INTU) Price Target Lowered to $720.00 at Susquehanna

Intuit (NASDAQ:INTU) had its price target dropped by investment analysts at Susquehanna from $819.00 to $720.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “positive” rating on the software maker’s stock. Susquehanna’s target price suggests a potential upside of 95.64% from the company’s previous close.

Several other equities research analysts also recently issued reports on INTU. Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. Daiwa Securities Group boosted their price objective on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. KeyCorp cut their price objective on Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. BMO Capital Markets dropped their price objective on Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 10th. Finally, Barclays reduced their price target on shares of Intuit from $785.00 to $540.00 and set an “overweight” rating for the company in a research report on Monday. Twenty-two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $726.18.

Intuit Price Performance

Shares of NASDAQ INTU opened at $368.02 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The business has a 50-day moving average of $548.64 and a 200-day moving average of $626.14. The stock has a market capitalization of $102.41 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.55 and a beta of 1.24. Intuit has a fifty-two week low of $349.00 and a fifty-two week high of $813.70.

Insider Activity

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This represents a 75.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction on Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intuit

Institutional investors have recently bought and sold shares of the company. Tortoise Investment Management LLC boosted its position in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares in the last quarter. Joseph Group Capital Management purchased a new stake in Intuit in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new position in Intuit during the fourth quarter worth approximately $25,000. Westside Investment Management Inc. boosted its holdings in Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in Intuit during the second quarter valued at approximately $28,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Announced a multi-year partnership with AI safety firm Anthropic, boosting investor confidence in Intuit’s AI roadmap and safety/governance credentials — a near-term catalyst for optimism on product differentiation and enterprise AI adoption. Intuit stock up after announcement on multi-year partnership with AI safety firm Anthropic
• Positive Sentiment: Expanded its partnership with Wix (Mailchimp integration), which can broaden SMB distribution and revenue channels for marketing products — supportive for top-line growth and customer acquisition. Intuit Inc. (INTU) Expands Partnership with Wix
• Positive Sentiment: Management push on an AI-focused enterprise suite (product strategy coverage) underscores monetization plans for AI features across QuickBooks, Mailchimp and TurboTax — a medium-term growth driver if adoption and pricing stick. Intuit Inc. (INTU) Expands AI Strategy With Enterprise Suite Push
• Positive Sentiment: Market commentary flagged Intuit as oversold with large upside potential based on RSI and analyst scenarios — this technical/fundamental view can attract value-focused buyers. (Market commentary included in recent MarketBeat coverage)
• Neutral Sentiment: Zacks preview on Q2 metrics offers deeper analyst estimate work — useful for near-term earnings expectations but not an immediate price driver until actual results are released. Unlocking Q2 Potential of Intuit (INTU)
• Neutral Sentiment: Sector noise — PayPal buyout/CEO-change headlines lifted fintech chatter today; this is market-level interest that can lift sentiment for software/fintech peers, but is not specific to Intuit fundamentals. PayPal Pops On Buyout Buzz After Sudden CEO Change
• Negative Sentiment: Shares recently hit a 52-week low, a technical red flag that can amplify selling pressure from momentum and quant funds. Intuit stock hits 52-week low at $373.08
• Negative Sentiment: BNP Paribas Exane cut its price target sharply to $340 and kept an Underperform rating — direct downward pressure on sentiment from sell-side revisions. BNP Paribas adjusts price target on Intuit to $340 from $600
• Negative Sentiment: Barclays also cut its price target (785 → 540) despite keeping an Overweight rating — a mixed signal that lowers upside expectations even if conviction remains. Barclays adjusts price target on Intuit to $540 from $785

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.