Intuit (NASDAQ:INTU) Coverage Initiated at The Goldman Sachs Group

Analysts at The Goldman Sachs Group initiated coverage on shares of Intuit (NASDAQ:INTU) in a research note issued to investors on Monday, Marketbeat.com reports. The firm set a “hold” rating and a $720.00 price target on the software maker’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 18.95% from the company’s current price.

Several other research firms also recently commented on INTU. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research note on Wednesday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research note on Friday, November 21st. Truist Financial began coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price for the company. UBS Group set a $739.00 price objective on Intuit in a research note on Tuesday, January 6th. Finally, Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a report on Sunday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $784.81.

Intuit Trading Down 4.7%

Intuit stock opened at $605.28 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit has a 12 month low of $532.65 and a 12 month high of $813.70. The company has a market capitalization of $168.43 billion, a price-to-earnings ratio of 41.37, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25. The business’s fifty day simple moving average is $654.42 and its two-hundred day simple moving average is $688.26.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter last year, the company earned $2.50 EPS. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts predict that Intuit will post 14.09 earnings per share for the current fiscal year.

Insider Activity at Intuit

In related news, Director Scott D. Cook sold 1,402 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This trade represents a 0.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 388,464 shares of company stock valued at $255,514,393 over the last 90 days. Insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Several institutional investors have recently modified their holdings of INTU. KMG Fiduciary Partners LLC grew its position in shares of Intuit by 1.8% during the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker’s stock worth $607,000 after acquiring an additional 14 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of Intuit by 3.9% in the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker’s stock valued at $296,000 after buying an additional 14 shares during the last quarter. Weaver Capital Management LLC boosted its stake in shares of Intuit by 1.3% during the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock worth $888,000 after buying an additional 14 shares during the period. May Hill Capital LLC grew its holdings in shares of Intuit by 4.2% during the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock worth $272,000 after buying an additional 14 shares during the last quarter. Finally, Moody Lynn & Lieberson LLC increased its position in Intuit by 0.9% in the 2nd quarter. Moody Lynn & Lieberson LLC now owns 1,672 shares of the software maker’s stock valued at $1,317,000 after acquiring an additional 15 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada is partnering with Intuit QuickBooks to offer an integrated service for small and mid‑sized businesses in Canada — a commercial partnership that could expand QuickBooks adoption and revenue in an important SMB market. BDO Canada and Intuit QuickBooks Partner
• Positive Sentiment: Fundsmith Equity Fund has reestablished a stake in Intuit, signaling conviction from a well‑known long‑term investor and providing institutional support for the stock. Fundsmith Reestablished Its Stake
• Positive Sentiment: Analyst commentary and strategy pieces highlight Intuit as a growth name (Zacks: “strong growth stock”) — reinforcing the company’s longer‑term revenue and profitability trajectory driven by QuickBooks and AI investments. Zacks Growth Stock Coverage
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral (Hold) rating and a $720 price target — a vote of confidence on valuation upside but not a buy recommendation, which can limit near‑term bullish momentum. Goldman Sachs Coverage
• Neutral Sentiment: Company thought‑leadership and product guidance pieces (on AI and funnel strategy) reiterate Intuit’s long‑term focus on product-led growth and SMB enablement; useful for conviction but unlikely to move the stock alone. Intuit Funnel Strategy Commentary
• Negative Sentiment: Short‑term selling: headlines note Intuit’s share price falling while the broader market gains (profit‑taking, technical selling), which explains today’s downward move despite positive operational news. INTU Stock Sinks as Market Gains

Intuit Company Profile

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.