BNP Paribas Exane Issues Pessimistic Forecast for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTU) had its price target lowered by research analysts at BNP Paribas Exane from $463.00 to $315.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a “neutral” rating on the software maker’s stock. BNP Paribas Exane’s price target would indicate a potential upside of 2.29% from the company’s current price.

Several other research analysts also recently commented on INTU. Guggenheim set a $633.00 price objective on Intuit in a report on Monday, March 16th. Evercore restated an “outperform” rating and issued a $400.00 price target (down from $540.00) on shares of Intuit in a report on Thursday. Oppenheimer dropped their price objective on shares of Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a research note on Thursday. Barclays reissued an “overweight” rating and set a $443.00 price objective (down from $540.00) on shares of Intuit in a report on Thursday. Finally, TD Cowen lowered their target price on Intuit from $633.00 to $576.00 and set a “buy” rating for the company in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and a consensus target price of $571.74.

Intuit Price Performance

Shares of NASDAQ INTU traded down $75.99 during midday trading on Thursday, reaching $307.94. The stock had a trading volume of 9,870,293 shares, compared to its average volume of 3,705,499. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a 50-day moving average of $408.90 and a 200-day moving average of $514.39. The company has a market capitalization of $85.16 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 1.61 and a beta of 1.04. Intuit has a 12-month low of $304.50 and a 12-month high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the company posted $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, research analysts anticipate that Intuit will post 17.44 EPS for the current fiscal year.

Insider Transactions at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Intuit

A number of large investors have recently made changes to their positions in INTU. Joseph Group Capital Management purchased a new stake in Intuit during the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Intuit during the fourth quarter worth about $25,000. HHM Wealth Advisors LLC lifted its holdings in shares of Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after purchasing an additional 30 shares during the period. Whipplewood Advisors LLC purchased a new stake in Intuit in the first quarter valued at approximately $30,000. Finally, MTM Investment Management LLC boosted its position in Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares during the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit delivered a beat-and-raise quarter, with adjusted EPS of $12.80 topping estimates and revenue of $8.56 billion slightly ahead of expectations. The company also raised full-year revenue and EPS guidance, which supports the long-term growth story. Intuit Reports Strong Third-Quarter Results and Raises Full-Year Revenue Guidance
• Positive Sentiment: Management announced an $8 billion share repurchase authorization and a 15% dividend increase, signaling confidence in cash flow and capital return capacity. Intuit Announces Major Restructuring and Dividend Declaration
• Neutral Sentiment: Several Wall Street firms lowered price targets after the report, including Oppenheimer, UBS, Citigroup, Wells Fargo, and BMO, though most still maintained constructive ratings such as outperform or buy. The Fly analyst update
• Neutral Sentiment: Analysts’ lower targets suggest expectations are being reset closer to the current share price, even as some see meaningful upside over time. BMO Capital price target update
• Negative Sentiment: Investors reacted negatively to the 17% workforce reduction and restructuring charges of $300 million to $340 million, fearing execution risk and weaker near-term sentiment around the business. Reuters workforce reduction report
• Negative Sentiment: TurboTax revenue guidance was trimmed, adding to concerns that growth in the core tax business may be slowing. Yahoo Finance TurboTax forecast article

About Intuit

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.