Rothschild & Co Redburn upgraded shares of Intuit (NASDAQ:INTU – Free Report) from a neutral rating to a buy rating in a research report released on Tuesday morning, Marketbeat Ratings reports. They currently have $700.00 price objective on the software maker’s stock, up from their prior price objective of $670.00.
A number of other research firms have also recently weighed in on INTU. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price on the stock in a research note on Friday, March 6th. Weiss Ratings downgraded Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. The Goldman Sachs Group lowered their target price on Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a report on Friday, February 27th. Mizuho dropped their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $643.29.
Read Our Latest Stock Report on INTU
Intuit Trading Down 4.2%
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.Intuit’s revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Equities analysts predict that Intuit will post 14.09 EPS for the current fiscal year.
Intuit Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s payout ratio is presently 31.09%.
Insider Buying and Selling
In other news, Director Scott D. Cook sold 1,402 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was 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 of the company’s stock, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 120,168 shares of company stock worth $79,899,156. Corporate insiders own 2.49% of the company’s stock.
Institutional Investors Weigh In On Intuit
A number of institutional investors have recently modified their holdings of the company. PeakShares LLC acquired a new stake in shares of Intuit during the fourth quarter worth $1,081,000. Corient Private Wealth LLC boosted its position in Intuit by 7.2% during the fourth quarter. Corient Private Wealth LLC now owns 144,983 shares of the software maker’s stock valued at $96,073,000 after acquiring an additional 9,694 shares during the last quarter. Union Savings Bank acquired a new stake in Intuit during the 4th quarter worth about $467,000. Hsbc Holdings PLC grew its holdings in Intuit by 8.0% during the 4th quarter. Hsbc Holdings PLC now owns 719,257 shares of the software maker’s stock worth $476,726,000 after acquiring an additional 53,201 shares during the period. Finally, Worthington Financial Partners LLC bought a new position in shares of Intuit in the 4th quarter worth about $830,000. 83.66% of the stock is owned by institutional investors.
Trending Headlines about Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Rothschild & Co Redburn upgraded INTU from Neutral to Buy and raised its price target to $700, signaling renewed confidence in the company’s resilience to AI disruption — a bullish signal for investor sentiment. Redburn upgrade
- Positive Sentiment: Intuit announced a partnership with Anthropic to deploy custom AI agents (Claude Agent SDK) to automate financial workflows — reinforces the company’s AI adoption story and potential product differentiation. Anthropic partnership
- Positive Sentiment: Short interest fell ~19.5% in February to about 6.69M shares (2.5% of float) and days-to-cover is low (~1.3), reducing the risk of a large short-squeeze dynamic and suggesting fewer bearish bets. (Data entry summarizing short interest)
- Positive Sentiment: Additional analyst support: Northcoast Research and other outlets have recently upgraded or featured Intuit, adding to constructive coverage momentum. Northcoast upgrade
- Neutral Sentiment: Coverage pieces highlighting Intuit’s long-term performance and inclusion in “software pick” lists may attract longer-term investors but are unlikely to move near-term price materially. Seeking Alpha picks 10-year returns
- Neutral Sentiment: Media features and screen highlights (e.g., Zacks) can raise visibility but are unlikely to change fundamentals immediately. Zacks highlight
- Negative Sentiment: Investors have reacted to Intuit’s tax-season quarter guidance and planned ramp in marketing/support spend, viewing near-term profitability as potentially pressured — a cited reason for intraday weakness. QuiverQuant analysis
- Negative Sentiment: Several brokers have trimmed price targets (examples: Truist cut its target to $500 from $739; other Street targets clustered lower), which increases downward valuation pressure even when ratings remain Buy. Truist PT cut Investment story shifting
- Negative Sentiment: Notable insider selling disclosed in recent data summaries has caught attention; while not proof of fundamental decline, heavy insider disposals can weigh on sentiment. (QuiverQuant insider activity summary)
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.
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