Intuit’s (INTU) “Outperform” Rating Reiterated at Royal Bank Of Canada

Intuit (NASDAQ:INTU)‘s stock had its “outperform” rating restated by equities researchers at Royal Bank Of Canada in a research note issued on Friday, Benzinga reports. They currently have a $385.00 target price on the software maker’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 37.25% from the stock’s previous close.

Other analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. TD Cowen reaffirmed a “hold” rating and issued a $346.00 target price on shares of Intuit in a research report on Friday, September 18th. Barclays decreased their target price on Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. JPMorgan Chase & Co. downgraded Intuit from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $605.00 to $331.00 in a research report on Wednesday, August 26th. Finally, Wells Fargo & Company decreased their target price on Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $431.55.

Intuit Trading Down 0.8%

Shares of Intuit stock traded down $2.27 during trading on Friday, reaching $280.51. 1,030,286 shares of the company were exchanged, compared to its average volume of 4,289,009. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit has a twelve month low of $252.84 and a twelve month high of $689.17. The business has a 50-day moving average price of $324.41 and a 200-day moving average price of $338.70. The firm has a market capitalization of $74.96 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 0.80 and a beta of 1.01.

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

Insider Buying and Selling at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction that occurred 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 transaction, the chief accounting officer owned 1,628 shares in the company, valued at $564,167.12. The trade was a 35.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard L. 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 value of $92,727.60. Following the sale, the director owned 11,531 shares in the company, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. 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 owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in INTU. Rakuten Investment Management Inc. raised its position in shares of Intuit by 522.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock worth $34,852,000 after purchasing an additional 43,389 shares during the last quarter. Vestcor Inc raised its position in shares of Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Intuit by 119.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after purchasing an additional 47,148 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Intuit during the 2nd quarter valued at about $1,643,000. Finally, O Shaughnessy Asset Management LLC grew its stake in Intuit by 13.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock valued at $39,728,000 after acquiring an additional 6,999 shares in the last quarter. 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: Royal Bank of Canada reaffirmed its Outperform rating and set a $385 price target, implying substantial upside from recent levels. The endorsement reinforces confidence in Intuit’s earnings potential and long-term growth strategy. Benzinga analyst rating report
• Positive Sentiment: Intuit extended its NFL partnership through 2030 and plans to use the league’s broad audience to promote Intuit Intelligence and its wider financial software ecosystem. The agreement could improve brand awareness and customer acquisition for QuickBooks, TurboTax and related products. Intuit brings Intuit Intelligence to football’s biggest stage
• Positive Sentiment: SimpleClosure is partnering with Intuit QuickBooks to help businesses properly close state payroll-tax accounts when ending payroll operations. The collaboration strengthens QuickBooks’ compliance capabilities and could increase customer retention. SimpleClosure and Intuit QuickBooks partnership
• Positive Sentiment: Construction-industry consultant RedHammer joined Intuit’s Lighthouse Construction Customer Advisory Board, providing feedback as Intuit expands its Enterprise Suite and AI capabilities in the mid-market. This supports product development and vertical-market adoption. RedHammer joins Intuit construction advisory board
• Neutral Sentiment: Intuit is targeting faster fiscal 2027 customer growth through lower-cost offerings, pricing changes and AI. The strategy may expand its user base, but investors will watch whether increased customer acquisition translates into sustainable revenue and earnings growth. Intuit targets faster customer growth
• Neutral Sentiment: Intuit also benefited from a broader rebound in enterprise software stocks, while analysts maintain bullish consensus price targets. However, the stock’s large distance from its moving averages suggests volatility and continued sensitivity to execution concerns.

About Intuit

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.