Analysts Set Intuit Inc. (NASDAQ:INTU) Target Price at $797.62

Shares of Intuit Inc. (NASDAQ:INTU) have been assigned an average rating of “Moderate Buy” from the twenty-six brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $791.8182.

A number of equities research analysts have recently weighed in on INTU shares. KeyCorp lowered their price objective on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Citigroup dropped their target price on Intuit from $815.00 to $803.00 and set a “buy” rating for the company in a report on Friday, August 22nd. CLSA assumed coverage on shares of Intuit in a report on Thursday, June 26th. They issued an “outperform” rating and a $900.00 target price on the stock. BMO Capital Markets raised their price target on shares of Intuit from $820.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Finally, Wells Fargo & Company set a $880.00 price objective on Intuit and gave the stock an “overweight” rating in a report on Friday, June 13th.

Intuit Trading Up 0.8%

Shares of INTU stock opened at $698.26 on Friday. The company has a market capitalization of $194.67 billion, a PE ratio of 50.82, a price-to-earnings-growth ratio of 2.69 and a beta of 1.26. Intuit has a 52-week low of $532.65 and a 52-week high of $813.70. The business’s fifty day moving average is $710.05 and its 200 day moving average is $689.09. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.36 and a current ratio of 1.36.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The business’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.99 EPS. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts anticipate that Intuit will post 14.09 EPS for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, October 9th will be given a $1.20 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. This is an increase from Intuit’s previous quarterly dividend of $1.04. Intuit’s dividend payout ratio is currently 30.28%.

Insider Buying and Selling

In related news, EVP Mark P. Notarainni sold 1,147 shares of Intuit stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $773.90, for a total transaction of $887,663.30. Following the sale, the executive vice president directly owned 19 shares in the company, valued at $14,704.10. The trade was a 98.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $768.43, for a total value of $255,887.19. Following the completion of the transaction, the director owned 15,474 shares of the company’s stock, valued at approximately $11,890,685.82. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,141 shares of company stock worth $6,195,865 over the last quarter. Company insiders own 2.68% of the company’s stock.

Hedge Funds Weigh In On Intuit

A number of hedge funds have recently bought and sold shares of the company. Copia Wealth Management bought a new stake in shares of Intuit during the fourth quarter valued at approximately $25,000. Tortoise Investment Management LLC increased its holdings in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its position in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after purchasing an additional 21 shares during the period. Heck Capital Advisors LLC bought a new stake in Intuit in the 4th quarter worth approximately $28,000. Finally, Dogwood Wealth Management LLC lifted its holdings in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock valued at $28,000 after buying an additional 19 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Company Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.