Intuit (NASDAQ:INTU) Upgraded at Piper Sandler

Piper Sandler upgraded shares of Intuit (NASDAQ:INTU) to a strong sell rating in a research note published on Tuesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Mizuho reduced their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Freedom Capital lowered shares of Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. HSBC lowered their target price on shares of Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Finally, Barclays dropped their target price on Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Twenty-two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $490.39.

Intuit Stock Performance

NASDAQ:INTU opened at $294.79 on Tuesday. Intuit has a 1 year low of $252.84 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The business has a fifty day simple moving average of $305.30 and a two-hundred day simple moving average of $407.38. The company has a market capitalization of $80.64 billion, a P/E ratio of 17.86, a P/E/G ratio of 1.02 and a beta of 1.00.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the prior year, the company earned $11.65 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, analysts expect that Intuit will post 18.18 earnings per share for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu purchased 1,250 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares in the company, valued at approximately $386,812.50. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Joseph Group Capital Management purchased a new position in Intuit during the fourth quarter worth about $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Intuit in the 4th quarter valued at about $25,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit in the 3rd quarter valued at about $33,000. Birchwood Financial Partners Inc. bought a new stake in shares of Intuit during the 4th quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in shares of Intuit by 54.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after acquiring an additional 19 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Negative Sentiment: Several law firms announced or promoted class-action lawsuits against Intuit over alleged securities-law violations during the period from Aug. 22, 2025 to May 20, 2026, with lead-plaintiff deadlines now approaching; this keeps legal overhang front and center for investors. Article Title
• Negative Sentiment: Analyst commentary referenced sharp reductions in sell-side price targets after Intuit cut TurboTax growth guidance, reinforcing concerns that near-term growth may be slowing and that expectations had been too high. Article Title
• Negative Sentiment: Additional investor alerts from multiple firms suggest more legal follow-through is likely, which can weigh on the stock as investors assess potential costs, distraction, and reputational damage. Article Title
• Neutral Sentiment: Some recent commentary remains constructive, with articles arguing Intuit still has strong cash generation and solid growth characteristics, which may help limit downside over time if execution stabilizes. Article Title
• Neutral Sentiment: Intuit also received a Zacks upgrade to Buy and broader bullish analyst coverage, but these positive views are being overshadowed in the near term by litigation risk and guidance concerns. Article Title

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.