Intuit (NASDAQ:INTU) Sets New 1-Year Low – Time to Sell?

Intuit Inc. (NASDAQ:INTU)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $345.50 and last traded at $348.48, with a volume of 1367159 shares trading hands. The stock had previously closed at $361.69.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: FedNow certification strengthens Intuit’s product moat for SMBs by enabling instant payments and faster cash flow on QuickBooks and related products—this could deepen bank partnerships and improve customer stickiness. Intuit Completes FedNow® Service Certification
• Positive Sentiment: Street support and fundamentals: multiple analysts still rate INTU overweight/buy and median price targets remain well above current levels; recent quarterly results showed revenue and EPS beats, which underpins the longer‑term growth case. QuiverQuant: INTU opinions
• Neutral Sentiment: Valuation is being reassessed: after the sharp pullback INTU now trades at much lower multiples versus recent highs, prompting buy/hold/sell debates — some see a discounted entry, others want more clarity on AI impact into the tax season. Intuit Stock Trades at a Discount
• Negative Sentiment: AI‑related competitive fears: launch of Anthropic’s Managed Agents and advances from other AI providers have sparked concerns that autonomous agents could displace seat‑based SaaS revenue (TurboTax, QuickBooks seat/licensing models), triggering a sectorwide selloff that hit INTU hard. Anthropic model shocks software stocks
• Negative Sentiment: Price action and flows: shares have fallen to multi‑year/52‑week lows on heavy volume, accompanied by notable insider sales and large institutional reductions at some firms—heightening technical and sentiment pressure. Intuit hits 52-week low
• Negative Sentiment: Analyst/pricing resets: a handful of models and fair‑value estimates have been trimmed as analysts incorporate AI risk and near‑term tax‑season uncertainty, which could limit near‑term upside despite intact long‑term fundamentals. Narrative shifting with AI risks

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Wolfe Research set a $550.00 target price on Intuit and gave the company an “outperform” rating in a research note on Thursday, March 12th. Guggenheim set a $633.00 target price on Intuit in a research note on Monday, March 16th. Scotiabank set a $575.00 target price on Intuit in a research note on Friday, March 6th. Deutsche Bank Aktiengesellschaft decreased their target price on Intuit from $850.00 to $600.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, BMO Capital Markets decreased their target price on Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

Intuit Price Performance

The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm has a market cap of $97.05 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 1.41 and a beta of 1.21. The stock has a 50-day moving average of $422.30 and a two-hundred day moving average of $566.17.

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 business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter last year, the company posted $3.32 EPS. Intuit’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.4%. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new position in shares of Intuit during the 1st quarter valued at $785,564,000. Sivia Capital Partners LLC grew its holdings in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC increased its stake in shares of Intuit by 12.2% in the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

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.