Intuit (NASDAQ:INTU) Upgraded at Argus

Argus upgraded shares of Intuit (NASDAQ:INTU) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Susquehanna decreased their price target on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a report on Friday, February 27th. Oppenheimer lowered their target price on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Royal Bank Of Canada dropped their price target on shares of Intuit from $850.00 to $600.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Finally, Wells Fargo & Company reduced their price target on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and an average price target of $648.73.

Intuit Trading Up 6.1%

Intuit stock opened at $466.79 on Tuesday. Intuit has a 52-week low of $349.00 and a 52-week high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $129.09 billion, a price-to-earnings ratio of 30.23, a PEG ratio of 1.79 and a beta of 1.26. The firm has a 50-day moving average price of $507.32 and a two-hundred day moving average price of $610.47.

Intuit (NASDAQ:INTU) last released its quarterly 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 company had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the previous year, the company posted $3.32 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts expect that Intuit will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Insider Buying and Selling at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit 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 transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This trade represents a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 269,596 shares of company stock valued at $178,119,764. 2.49% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Intuit

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tortoise Investment Management LLC increased its position in shares of Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares in the last quarter. Sagard Holdings Management Inc. acquired a new position in Intuit in the 2nd quarter worth approximately $28,000. True Wealth Design LLC grew its position in Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after purchasing an additional 27 shares in the last quarter. Joseph Group Capital Management acquired a new stake in Intuit during the 4th quarter valued at $25,000. Finally, Intesa Sanpaolo Wealth Management acquired a new stake in Intuit during the 4th quarter valued at $25,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Sector rotation into software lifted demand for beaten-down software names, putting Intuit among the S&P 500’s top performers and supporting the stock’s rally. Tech Rotation Swings Back Toward Software
• Positive Sentiment: News coverage says investors are looking past AI-disruption fears and rewarding Intuit for strong fundamentals and attractive valuation, a narrative that directly supports buying interest. Why Intuit (INTU) Stock Is Up Today
• Positive Sentiment: Intuit’s recent earnings beat and raised guidance (Q2 FY2026 results) continue to underpin the bull case — investors cite strong revenue/earnings execution despite sector AI debates. Intuit Inc. (INTU) Posts Strong Earnings Amid Sector-Wide AI Concerns
• Positive Sentiment: Intuit announced a broad AI partnership with Anthropic to build customizable AI agents for mid-market customers — this signals a concrete product roadmap for AI monetization and integration across tax, accounting and SMB tools. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analyst upgrades and bullish notes (Argus upgrade to “strong-buy”, others reiterating buy) add support to momentum and investor confidence. Argus Upgrade / Zacks Coverage
• Neutral Sentiment: Partnerships and reseller deals (e.g., Mendelson named reseller of Intuit Enterprise Suite) provide steady commercial expansion but are incremental near-term drivers. Mendelson Consulting Named Official Reseller of Intuit Enterprise Suite
• Negative Sentiment: Multiple brokerages (Daiwa, TD Cowen, Mizuho, JPMorgan, Argus) have trimmed price targets recently — while many maintain Buy ratings, the lower targets signal reduced near-term upside and can cap the stock if earnings or AI execution disappoints. Daiwa Lowers INTU Price Target TD Cowen Cuts Price Target Mizuho Cuts Price Target

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.