Intuit Inc. (NASDAQ:INTU) Stock Has Consensus Price Target of $431.55

Shares of Intuit Inc. (NASDAQ:INTU) have received a consensus recommendation of “Hold” from the thirty-one research firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $431.55.

Several analysts have recently commented on INTU shares. Wells Fargo & Company decreased their target price on Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 26th. TD Cowen reissued a “hold” rating and issued a $346.00 price target on shares of Intuit in a research report on Friday, September 18th. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Intuit in a research report on Thursday, September 24th. Barclays cut their target price on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a research report on Wednesday, August 26th. Finally, Susquehanna reduced their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the transaction, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. This trade represents a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CX Institutional grew its stake in Intuit by 2,520.6% in the 3rd quarter. CX Institutional now owns 48,926 shares of the software maker’s stock valued at $13,489,000 after buying an additional 47,059 shares during the last quarter. First Financial Bank Trust Division lifted its position in Intuit by 1.4% during the 3rd quarter. First Financial Bank Trust Division now owns 6,704 shares of the software maker’s stock worth $1,848,000 after acquiring an additional 93 shares during the last quarter. Rench Wealth Management Inc. lifted its position in shares of Intuit by 93.9% during the 2nd quarter. Rench Wealth Management Inc. now owns 16,451 shares of the software maker’s stock worth $4,294,000 after purchasing an additional 7,966 shares during the last quarter. Capstone Financial Advisors Inc. lifted its position in shares of Intuit by 91.2% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,048 shares of the software maker’s stock worth $274,000 after purchasing an additional 500 shares during the last quarter. Finally, National Pension Service boosted its stake in Intuit by 8.6% during the 2nd quarter. National Pension Service now owns 700,231 shares of the software maker’s stock valued at $182,760,000 after purchasing an additional 55,375 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Trading Down 0.6%

Shares of INTU opened at $281.08 on Thursday. The business’s 50-day moving average price is $324.10 and its 200 day moving average price is $338.29. The stock has a market capitalization of $75.11 billion, a P/E ratio of 17.04, a P/E/G ratio of 0.82 and a beta of 1.01. Intuit has a 1-year low of $252.84 and a 1-year high of $689.17. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34.

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

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio is presently 33.45%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating and assigned a $385 price target, implying substantial upside from recent levels. The broader analyst consensus target is also considerably higher, at approximately $431.55.
• Positive Sentiment: Intuit expanded its NFL partnership through 2030, giving Intuit Intelligence exposure to an estimated 400 million fans. The agreement is intended to strengthen brand awareness and showcase Intuit’s broader financial software platform. Intuit Brings Intuit Intelligence to Football’s Biggest Stage in Renewed NFL Partnership Through 2030
• Positive Sentiment: SimpleClosure and QuickBooks partnered to help businesses properly close state payroll-tax accounts, potentially improving QuickBooks’ value to small-business customers and accounting professionals. SimpleClosure and Intuit QuickBooks Partner to Help Businesses Stay Compliant When Closing Payroll Tax Accounts
• Positive Sentiment: Traders reportedly bought short-dated October call options after Jim Cramer did not include Intuit among companies he expects to be hurt by Meta’s new AI platform, signaling a near-term bullish trading interpretation. Intuit Wasn’t on Cramer’s Muse Casualty List, and Traders Just Piled Into Its October Calls
• Neutral Sentiment: Intuit appointed Dixie McCurley as its first managing partner in residence, a move designed to deepen relationships with accounting firms and strengthen partner engagement.
• Neutral Sentiment: The company is emphasizing faster customer growth in fiscal 2027 through lower-cost entry plans, sharper pricing and AI features. The strategy could expand QuickBooks and TurboTax adoption, but may also pressure near-term monetization.
• Negative Sentiment: Despite the positive developments, recent weakness reflects lingering investor concern about valuation, execution of the AI-driven growth strategy and competition from emerging AI platforms. The stock is trading below its key moving averages, keeping technical momentum cautious.

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.