Intuit (NASDAQ:INTU) Receives “Outperform” Rating from Mizuho

Intuit (NASDAQ:INTU)‘s stock had its “outperform” rating reaffirmed by Mizuho in a research report issued on Friday, Benzinga reports. They currently have a $430.00 price objective on the software maker’s stock. Mizuho’s price objective points to a potential upside of 41.32% from the stock’s current price.

A number of other equities research analysts have also issued reports on INTU. Morgan Stanley dropped their target price on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a report on Wednesday, August 26th. JPMorgan Chase & Co. lowered shares of Intuit from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $605.00 to $331.00 in a research report on Wednesday, August 26th. Northcoast Research dropped their price objective on shares of Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Daiwa Securities Group cut their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Finally, Citigroup lowered their target price on Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $431.55.

Intuit Price Performance

Intuit stock traded down $8.85 during midday trading on Friday, reaching $304.28. The company had a trading volume of 1,989,696 shares, compared to its average volume of 4,295,224. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. Intuit has a 12-month low of $252.84 and a 12-month high of $705.08. The company has a market capitalization of $81.32 billion, a P/E ratio of 18.45, a P/E/G ratio of 0.91 and a beta of 0.98. The firm’s fifty day simple moving average is $324.95 and its 200-day simple moving average is $350.30.

Intuit (NASDAQ:INTU) last announced its earnings results 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 business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business’s revenue was up 13.7% compared to the same quarter last year. During the same quarter 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. As a group, equities analysts anticipate that Intuit will post 23.49 EPS for the current year.

Insider Transactions at Intuit

In other Intuit news, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction dated Tuesday, September 8th. The shares were 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 of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,476 shares of company stock worth $481,538 over the last ninety days. 2.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Intuit

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rench Wealth Management Inc. grew its holdings 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 period. Capstone Financial Advisors Inc. increased 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. National Pension Service raised its holdings in Intuit by 8.6% in the 2nd quarter. National Pension Service now owns 700,231 shares of the software maker’s stock valued at $182,760,000 after buying an additional 55,375 shares during the period. Triad Investment Management lifted its position in Intuit by 39.4% in the second quarter. Triad Investment Management now owns 8,559 shares of the software maker’s stock valued at $2,234,000 after buying an additional 2,421 shares during the last quarter. Finally, Engineers Gate Manager LP lifted its position in Intuit by 2,259.7% in the second quarter. Engineers Gate Manager LP now owns 19,515 shares of the software maker’s stock valued at $5,093,000 after buying an additional 18,688 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: RBC reaffirmed its “Outperform” rating and assigned a $385 price target, implying roughly 25% upside from the recently cited share price. The bullish view provides support for INTU by signaling confidence in the company’s long-term growth prospects.
• Positive Sentiment: Intuit launched QuickBooks Free, a no-cost accounting plan intended to expand the product funnel and attract small-business users who may later adopt paid services, including payments. The strategy could help address slowing online customer growth. Intuit Launches QuickBooks Free
• Positive Sentiment: QuickBooks Online expanded its integration with Solera’s Qapter, allowing collision-repair shops to transfer estimate details directly into accounting workflows. The partnership could improve product value and support adoption among specialized small businesses. Qapter and QuickBooks Online Integration
• Neutral Sentiment: At its Investor Day, Intuit reaffirmed first-quarter and fiscal 2027 guidance, including first-quarter EPS of $2.44–$2.48 and fiscal-year EPS of $22.88–$23.12. Maintaining guidance reduces the risk of a near-term estimate reset but does not provide a new upside catalyst. Intuit Investor Day
• Negative Sentiment: Bank of America analyst Tal Liani maintained a “Hold” rating and $360 price target, citing slower core growth and elevated investment needs. The cautious assessment may be weighing on INTU as investors question how quickly new initiatives will translate into profitable growth. Bank of America Maintains Hold on Intuit

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.