Intuit (NASDAQ:INTU) Sets New 1-Year Low on Analyst Downgrade

Intuit Inc. (NASDAQ:INTU) shares reached a new 52-week low during mid-day trading on Monday after Barclays lowered their price target on the stock from $785.00 to $540.00. Barclays currently has an overweight rating on the stock. Intuit traded as low as $354.56 and last traded at $353.07, with a volume of 1089033 shares traded. The stock had previously closed at $380.55.

INTU has been the topic of several other reports. Evercore reissued an “outperform” rating and issued a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. KeyCorp reduced their price target on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. BNP Paribas Exane decreased their price objective on shares of Intuit from $600.00 to $340.00 and set an “underperform” rating on the stock in a research note on Monday. Wolfe Research cut their target price on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Finally, Mizuho set a $675.00 price target on Intuit in a research note on Thursday. Twenty-two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $736.59.

Insider Activity at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the sale, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock valued at $255,514,393 over the last three months. 2.49% of the stock is currently owned by corporate insiders.

Trending Headlines about 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

Institutional Investors Weigh In On Intuit

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Intuit by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock worth $19,156,152,000 after purchasing an additional 296,448 shares during the last quarter. State Street Corp lifted its holdings in Intuit by 1.4% during the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after buying an additional 180,069 shares during the period. Geode Capital Management LLC grew its position in shares of Intuit by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock valued at $4,369,488,000 after buying an additional 87,451 shares during the last quarter. Morgan Stanley grew its position in shares of Intuit by 1.2% in the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after buying an additional 60,910 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Intuit in the fourth quarter valued at about $3,058,407,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Stock Down 5.5%

The stock has a 50-day moving average price of $548.64 and a 200-day moving average price of $626.14. 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 company has a market capitalization of $100.05 billion, a P/E ratio of 24.58, a P/E/G ratio of 1.55 and a beta of 1.24.

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.