Intuit Inc. (NASDAQ:INTU) Receives $434.68 Average Target Price from Brokerages

Intuit Inc. (NASDAQ:INTU) has earned an average recommendation of “Hold” from the thirty-one research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $434.6774.

A number of research firms recently weighed in on INTU. Royal Bank Of Canada decreased their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Oppenheimer reduced their price target on shares of Intuit from $406.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, August 26th. Mizuho reduced their price target on shares of Intuit from $500.00 to $430.00 and set an “outperform” rating for the company in a research report on Monday, August 17th. Citigroup decreased their price target on shares of Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, Wolfe Research cut Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th.

Intuit Stock Down 4.1%

Shares of NASDAQ INTU opened at $318.93 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a market cap of $87.24 billion, a P/E ratio of 19.33, a P/E/G ratio of 0.95 and a beta of 0.98. Intuit has a 52 week low of $252.84 and a 52 week high of $705.08. The business has a 50-day simple moving average of $318.32 and a two-hundred day simple moving average of $353.24.

Intuit (NASDAQ:INTU) last announced its quarterly 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. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the prior year, the business posted $2.75 earnings per share. The company’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Research analysts anticipate that Intuit will post 23.49 earnings per share for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be given a dividend of $1.38 per share. The ex-dividend date is Thursday, October 8th. This is a boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.7%. Intuit’s dividend payout ratio (DPR) is presently 29.09%.

Insider Buying and Selling

In other Intuit news, Director Richard Dalzell sold 338 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares of the company’s stock, valued at $3,449,554.36. The trade was a 2.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction 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 sale, the chief accounting officer owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,813 shares of company stock valued at $563,548. Corporate insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Large investors have recently modified their holdings of the company. XXEC Inc. bought a new position in Intuit during the second quarter valued at approximately $436,740,000. California State Teachers Retirement System grew its stake in shares of Intuit by 25,506.0% during the second quarter. California State Teachers Retirement System now owns 108,342,405 shares of the software maker’s stock valued at $28,277,368,000 after buying an additional 107,919,292 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Intuit in the second quarter worth about $6,851,859,000. Corient Private Wealth LP purchased a new position in shares of Intuit in the second quarter worth about $40,545,000. Finally, Norges Bank bought a new stake in shares of Intuit in the 4th quarter valued at about $3,058,407,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Neutral Sentiment: Intuit discussed how it is applying AI to everyday money management and financial decision-making. The article highlights potential product and customer-engagement opportunities, but provides no new financial targets or material announcement likely to change near-term estimates. Kitchen table finances: Intuit on AI and everyday money management
• Neutral Sentiment: Baron Durable Advantage Fund reported exiting its Intuit position during the second quarter. The move may weigh on sentiment, but it reflects one fund’s portfolio decision and does not indicate a change in Intuit’s operating outlook. Baron Durable Advantage Fund exits Intuit
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers, alleging violations of federal securities laws. Pomerantz said the complaint was filed in federal court and covers investors who purchased securities from August 22, 2025, through May 20, 2026. Other firms reminded investors of a September 8 lead-plaintiff deadline for a related case covering purchases from February 25, 2025, through June 1, 2026. The announcements do not establish wrongdoing, but the legal scrutiny creates potential costs, uncertainty and reputational risk for INTU. Pomerantz class action announcement Rosen Law Firm deadline notice

About Intuit

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.