Wolfe Research Reiterates “Peer Perform” Rating for Intuit (NASDAQ:INTU)

Intuit (NASDAQ:INTU)‘s stock had its “peer perform” rating restated by research analysts at Wolfe Research in a report issued on Wednesday, Marketbeat.com reports.

Several other analysts also recently issued reports on INTU. Daiwa Securities Group decreased their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. KeyCorp set a $400.00 price target on Intuit in a research report on Wednesday. BNP Paribas Exane decreased their price target on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. The Goldman Sachs Group lowered shares of Intuit from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $519.00 to $276.00 in a research note on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $433.45.

Intuit Stock Performance

Shares of INTU stock traded down $13.22 during mid-day trading on Wednesday, reaching $344.24. 8,111,320 shares of the company’s stock traded hands, compared to its average volume of 4,376,035. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market capitalization of $94.16 billion, a PE ratio of 20.85, a price-to-earnings-growth ratio of 1.16 and a beta of 0.97. Intuit has a 12 month low of $252.84 and a 12 month high of $705.08. The firm has a 50 day moving average price of $302.38 and a two-hundred day moving average price of $357.99.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.75 earnings per share. 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, research analysts forecast that Intuit will post 18.19 EPS for the current year.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the transaction, the director owned 11,758 shares in the company, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,239 shares of company stock worth $348,354 over the last three months. 2.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Intuit

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Betterment LLC lifted its holdings in shares of Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares in the last quarter. One Capital Management LLC raised its holdings in shares of Intuit by 2.7% in the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after purchasing an additional 18 shares during the last quarter. Quadcap Wealth Management LLC lifted its position in shares of Intuit by 1.0% in the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after purchasing an additional 18 shares in the last quarter. Prentice Wealth Management LLC boosted its holdings in Intuit by 2.7% during the fourth quarter. Prentice Wealth Management LLC now owns 850 shares of the software maker’s stock worth $563,000 after purchasing an additional 22 shares during the last quarter. Finally, Washington Trust Bank increased its stake in Intuit by 3.0% in the 4th quarter. Washington Trust Bank now owns 790 shares of the software maker’s stock valued at $523,000 after buying an additional 23 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit exceeded fourth-quarter expectations, reporting adjusted EPS of $4.03 versus a $3.58 consensus estimate and revenue of $4.35 billion versus $4.27 billion. Revenue increased 13.7% year over year, while Credit Karma revenue rose 16% and Global Business Solutions revenue climbed 14%. Intuit fourth-quarter earnings report
• Positive Sentiment: The board approved a 15% increase in the quarterly dividend to $1.38 per share, and Intuit repurchased approximately $5.5 billion of stock during fiscal 2026, providing shareholder-return support. Intuit dividend announcement
• Neutral Sentiment: Management described fiscal 2027 as a strategic “reset to reaccelerate,” prioritizing customer acquisition, market-share gains and broader access to QuickBooks. The plan includes revisiting TurboTax pricing and increasing investment, which could support longer-term growth but weighs on near-term financial results. Intuit strategic reset article
• Neutral Sentiment: Intuit said 75% of enterprise customers use its AI agents monthly, highlighting adoption of Intuit Intelligence. However, investors remain concerned that AI competition could pressure TurboTax and eventually QuickBooks. Intuit AI customer adoption article
• Negative Sentiment: Fiscal 2027 revenue guidance of $23.28 billion to $23.51 billion implies roughly 9% to 10% growth, below analyst expectations and down from fiscal 2026’s 14% growth. Adjusted EPS guidance of $22.88 to $23.12 also trails consensus near $26.04. Reuters Intuit forecast article
• Negative Sentiment: Management acknowledged that pricing is driving some customers away from TurboTax and that lower-cost offerings may reduce revenue in the near term. Mailchimp is also being separated as a segment with expectations for little or no growth, adding to concerns about the company’s growth trajectory. MarketWatch TurboTax pricing article
• Negative Sentiment: Analysts responded by lowering targets or ratings: Truist moved to Hold with a $300 target, JPMorgan reaffirmed Neutral at $331, and Bank of America downgraded the stock to Neutral. Several investor-rights firms also publicized securities class-action claims involving alleged TurboTax risk disclosures, creating an additional overhang. Analyst revisions for Intuit

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.