Intuit (NASDAQ:INTU) Reaches New 52-Week Low – Time to Sell?

Intuit Inc. (NASDAQ:INTU)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $345.50 and last traded at $348.48, with a volume of 1367159 shares. The stock had previously closed at $361.69.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit completed the Federal Reserve’s FedNow certification, positioning QuickBooks and other products to support instant payments for SMBs — a clear product/market expansion that could deepen customer lock‑in and revenue stickiness. Article Title
• Positive Sentiment: Some analysts and commentators see the recent weakness as overdone — Seeking Alpha published a buy thesis arguing the “SaaSpocalypse” fears are unfounded, which could attract value‑seeking investors at lower levels. Article Title
• Positive Sentiment: Zacks and consensus brokerage commentary continue to flag Intuit as an earnings/growth story to watch, which supports the view that medium‑term fundamentals remain intact despite the near‑term volatility. Article Title
• Neutral Sentiment: Recent fundamentals remain solid: Intuit beat quarterly EPS and revenue expectations and issued FY/Q guidance (background company filings/press releases), which argues that core business performance is not deteriorating materially.
• Negative Sentiment: Sector shock from Anthropic’s Managed Agents: multiple reports link the day’s stock declines to new AI capabilities that could automate tasks now monetized via SaaS seats, triggering broad re‑rating pressure on software names including INTU. Article Title
• Negative Sentiment: Commentary and headlines indicate active selling and “crash” narratives — Investopedia and market wrap pieces highlight the shockwave across software stocks and direct calls out Intuit among the names hit, amplifying downward momentum and headline risk. Article Title
• Negative Sentiment: Analyst price‑target trims and commentary about rising AI risk (narrative shifts) add caution, increasing the chance of further volatility until the market reassesses how AI agents will impact Intuit’s seat‑based revenue models. Article Title

Analysts Set New Price Targets

Several equities research analysts recently commented on INTU shares. Mizuho dropped their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays reaffirmed an “overweight” rating and issued a $540.00 price target on shares of Intuit in a report on Monday, March 16th. Scotiabank set a $575.00 price target on Intuit in a report on Friday, March 6th. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Finally, Argus dropped their price target on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $638.06.

Intuit Price Performance

The company has a market cap of $95.76 billion, a P/E ratio of 22.38, a PEG ratio of 1.57 and a beta of 1.21. The company has a fifty day simple moving average of $425.26 and a 200-day simple moving average of $569.53. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period in the previous year, the company posted $3.32 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit 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 directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Intuit by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after purchasing an additional 296,448 shares in the last quarter. State Street Corp grew its position in Intuit by 1.4% during the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after purchasing an additional 180,069 shares in the last quarter. Geode Capital Management LLC grew its position in Intuit by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after purchasing an additional 87,451 shares in the last quarter. Morgan Stanley grew its position in Intuit by 1.2% during the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after purchasing an additional 60,910 shares in the last quarter. Finally, Norges Bank purchased a new position in Intuit during the 4th quarter worth approximately $3,058,407,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

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.