Intuit (NASDAQ:INTU) Earns Hold Rating from TD Cowen

Intuit (NASDAQ:INTU)‘s stock had its “hold” rating reissued by TD Cowen in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $346.00 price target on the software maker’s stock. TD Cowen’s price target would indicate a potential upside of 12.54% from the stock’s current price.

Several other research firms have also recently issued reports on INTU. JPMorgan Chase & Co. cut Intuit from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $605.00 to $331.00 in a report on Wednesday, August 26th. Rothschild & Co Redburn reduced their price objective on Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Oppenheimer decreased their target price on Intuit from $406.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, August 26th. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a research report on Friday. Finally, HSBC reduced their target price on Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Intuit presently has a consensus rating of “Hold” and a consensus price target of $431.55.

Intuit Price Performance

Intuit stock traded down $5.68 during midday trading on Friday, hitting $307.45. The company’s stock had a trading volume of 1,353,756 shares, compared to its average volume of 4,290,983. Intuit has a 12 month low of $252.84 and a 12 month high of $705.08. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $82.16 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98. The stock’s 50-day moving average price is $324.95 and its 200-day moving average price is $350.30.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same quarter last year, the firm posted $2.75 EPS. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts anticipate that Intuit will post 23.49 earnings per share for the current fiscal year.

Insider Activity at Intuit

In other news, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director owned 11,531 shares of the company’s stock, valued at $3,751,726.16. This trade represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,476 shares of company stock worth $481,538. Corporate insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. State Street Corp increased its holdings in shares of Intuit by 1.4% in the 4th quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after purchasing an additional 180,069 shares during the period. BlackRock Inc. acquired a new position in Intuit in the 2nd quarter valued at approximately $6,851,859,000. Geode Capital Management LLC lifted its position in Intuit by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after buying an additional 87,451 shares in the last quarter. Norges Bank acquired a new stake in shares of Intuit during the 4th quarter valued at $3,058,407,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after buying an additional 471,451 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit hosted its Investor Day and reaffirmed first-quarter and fiscal 2027 guidance, including previously issued targets of $2.44–$2.48 in first-quarter EPS and $22.88–$23.12 in fiscal 2027 EPS. The confirmation reduces the risk of a near-term guidance cut. Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2027 Guidance
• Positive Sentiment: QuickBooks Free and Lite are expanding Intuit’s customer funnel as online customer growth slows, while payments could provide an additional monetization opportunity over time. The strategy may support longer-term customer acquisition, although near-term revenue benefits remain uncertain. Intuit’s QuickBooks Free Push: Can This Lift Customer Growth?
• Positive Sentiment: Solera expanded its Qapter integration with QuickBooks Online, helping collision-repair businesses transfer estimate details directly into accounting workflows. The partnership strengthens QuickBooks’ ecosystem and product utility, though its financial impact is likely modest in the near term. Qapter and Intuit QuickBooks Online Integration
• Neutral Sentiment: Intuit has attracted unusually high investor attention, but search popularity is not itself a fundamental catalyst. Investors are likely focused on whether AI initiatives, customer acquisition efforts and payments growth can offset slower core expansion. Investors Heavily Search Intuit
• Negative Sentiment: Bank of America analyst Tal Liani maintained a Hold rating and kept a $360 price target, citing slower core growth and elevated investment requirements. The unchanged target and cautious stance may limit upside sentiment, particularly after Intuit’s stock decline from its 52-week high. Tal Liani Reiterates Hold on Intuit

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.