TD Cowen Has Lowered Expectations for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTU) had its target price decreased by analysts at TD Cowen from $658.00 to $633.00 in a research report issued on Monday,MarketScreener reports. The brokerage currently has a “buy” rating on the software maker’s stock. TD Cowen’s price target would suggest a potential upside of 46.07% from the company’s current price.

A number of other analysts have also weighed in on the stock. Independent Research set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. BNP Paribas Exane lowered their price objective on Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a research report on Monday, February 23rd. Oppenheimer reduced their target price on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Daiwa Securities Group raised their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Wolfe Research dropped their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Twenty-three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $656.62.

Intuit Stock Performance

Shares of INTU opened at $433.35 on Monday. Intuit has a 52-week low of $349.00 and a 52-week high of $813.70. The stock’s 50-day simple moving average is $516.16 and its 200 day simple moving average is $612.68. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a market capitalization of $119.84 billion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the firm earned $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. Research analysts forecast that Intuit will post 14.09 EPS for the current fiscal year.

Insider Transactions at Intuit

In other news, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This trade represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 344,596 shares of company stock worth $227,352,014 in the last three months. Corporate insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Several hedge funds have recently added to or reduced their stakes in INTU. Telos Capital Management Inc. increased its holdings in shares of Intuit by 2.6% in the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after buying an additional 15 shares during the period. Mcrae Capital Management Inc. grew its position in Intuit by 0.7% during the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after acquiring an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC grew its position in Intuit by 2.1% during the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock worth $569,000 after acquiring an additional 15 shares during the last quarter. BetterWealth LLC increased its stake in Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after purchasing an additional 15 shares during the period. Finally, Sachetta LLC lifted its position in Intuit by 23.8% in the third quarter. Sachetta LLC now owns 78 shares of the software maker’s stock valued at $53,000 after purchasing an additional 15 shares during the last quarter. 83.66% of the stock is owned by institutional investors.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build secure, industry‑specific AI agents for mid‑market businesses — a strategic move that leverages Intuit’s financial data and could support product stickiness and revenue expansion. Intuit Anthropic AI Pact Tests Growth Story For Mid Market Investors
• Positive Sentiment: Coverage highlighting Intuit’s long AI investment and data moat argues the company is positioning to survive competitive “SaaSpocalypse” pressures by partnering with the likes of OpenAI and Anthropic — a narrative that supports confidence in long‑term growth. Living with the LLMs – how Intuit ignores the ‘SaaSpocalypse’
• Positive Sentiment: Analyst and media pieces (including a Motley Fool buy idea) are promoting INTU as a beaten‑up growth name that may be attractive after the recent pullback — this can draw bargain hunters and momentum buyers. Got $1,000? 2 Stocks to Buy in March While They’re On Sale
• Neutral Sentiment: A recent Morgan Stanley TMT conference presentation transcript provides management commentary and detail that investors can use to reassess guidance and execution but it hasn’t produced a clear market catalyst by itself. INTU Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/flow signals have been noted in market commentary (a “power inflow” trading signal recently), which likely contributed to short‑term buying interest. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Multiple brokerages cut price targets (TD Cowen, Mizuho, RBC, Oppenheimer, BMO, UBS, JPMorgan, Deutsche, Citigroup, etc.), signaling reduced analyst conviction on near‑term valuation and contributing to selling pressure. TD Cowen Adjusts Price Target on Intuit
• Negative Sentiment: Short interest rose sharply (reported ~40% increase), which increases downside pressure and volatility risk if fundamentals disappoint or guidance is trimmed. Short Interest in Intuit Inc. Rises By 40.0%
• Negative Sentiment: Analysis of the recent drawdown notes a large P/E contraction (~50x to ~27x) and a 35–40% slide from late 2025 highs — reminders that valuation reset and macro/interest‑rate concerns remain key downside risks. Intuit’s 40% Slide: What Went Wrong?

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.