Mizuho Issues Pessimistic Forecast for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTU) had its target price decreased by Mizuho from $675.00 to $600.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the software maker’s stock. Mizuho’s price objective points to a potential upside of 38.46% from the stock’s previous close.

A number of other research analysts have also issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 24th. UBS Group cut their price target on Intuit from $725.00 to $440.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Evercore reissued an “outperform” rating and set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Independent Research set a $875.00 price objective on Intuit in a report on Tuesday, November 18th. Finally, Citigroup cut their target price on Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Twenty-three 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $656.62.

Intuit Stock Up 3.4%

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

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the previous year, the business posted $3.32 earnings per share. Intuit’s quarterly revenue 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, equities analysts anticipate that Intuit will post 14.09 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction that occurred 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 directly owned 536 shares in the company, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the sale, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 344,596 shares of company stock valued at $227,352,014. 2.49% of the stock is owned by corporate insiders.

Institutional Trading of Intuit

Hedge funds have recently added to or reduced their stakes in the stock. Tortoise Investment Management LLC grew its position in shares of 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 last quarter. Joseph Group Capital Management acquired a new position in shares of Intuit in the fourth quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Intuit in the fourth quarter worth approximately $25,000. Westside Investment Management Inc. boosted its holdings in Intuit by 161.5% in the second 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 last quarter. Finally, Sagard Holdings Management Inc. acquired a new stake in Intuit during the 2nd quarter valued at approximately $28,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

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?

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.