Intuit (NASDAQ:INTU) Price Target Cut to $340.00 by Analysts at BNP Paribas Exane

Intuit (NASDAQ:INTU) had its price target cut by BNP Paribas Exane from $600.00 to $340.00 in a report released on Monday,MarketScreener reports. They currently have an underperform rating on the software maker’s stock.

Other research analysts have also issued research reports about the company. Mizuho set a $675.00 price objective on Intuit in a report on Thursday. KeyCorp reduced their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a research note on Sunday. Weiss Ratings cut shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Intuit in a research note on Wednesday, January 28th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $736.59.

Intuit Stock Performance

NASDAQ INTU opened at $359.55 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The stock’s 50 day simple moving average is $548.64 and its 200-day simple moving average is $626.14. The company has a market cap of $100.05 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Intuit has a 1-year low of $349.00 and a 1-year high of $813.70.

Insider Activity

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the sale, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This represents a 75.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the sale, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This represents a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Several large investors have recently modified their holdings of the business. Tortoise Investment Management LLC raised 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 valued at $25,000 after buying an additional 27 shares during the period. Joseph Group Capital Management acquired a new stake in shares of Intuit during the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Intuit in the 4th quarter valued at approximately $25,000. Westside Investment Management Inc. raised its stake in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the period. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Intuit in the 2nd quarter worth approximately $28,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is accelerating its AI strategy with an enterprise-suite push that could expand high-margin, subscription revenue and deepen enterprise customer relationships. Intuit Inc. (INTU) Expands AI Strategy With Enterprise Suite Push
• Positive Sentiment: Intuit expanded its partnership with Wix, extending Mailchimp integrations that can drive customer acquisition and revenue for small-business marketing services. Intuit Inc. (INTU) Expands Partnership with Wix
• Neutral Sentiment: Barclays cut its price target to $540 (from $785) but kept an Overweight rating — a sign analysts still see upside while trimming near-term expectations. Barclays adjusts price target on Intuit
• Neutral Sentiment: Zacks published a preview digging into Q2 (ended Jan 2026) metric expectations — useful for monitoring whether revenue growth, margins, or subscription metrics beat or miss consensus when Intuit reports. Unlocking Q2 Potential of Intuit (INTU)
• Neutral Sentiment: Broader tech weakness and MarketBeat commentary on the NASDAQ being oversold — which highlighted Intuit among deeply pulled-back software names — helps explain selling pressure but also frames potential upside if sentiment reverses.
• Negative Sentiment: BNP Paribas slashed its target to $340 (from $600) and kept an Underperform rating — an explicitly negative analyst signal that likely pressured the stock today. BNP Paribas adjusts price target on Intuit

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.