Intuit Inc. (NASDAQ:INTU) Stock Has Average Target Price of $431.55 According to Brokerages

Intuit Inc. (NASDAQ:INTU – Get Free Report) has received a consensus recommendation of “Hold” from the thirty-one brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and sixteen have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $431.55.

Several research firms have recently weighed in on INTU. Jefferies Financial Group decreased their price target on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Sunday, August 23rd. Stifel Nicolaus reissued a “hold” rating and issued a $300.00 target price on shares of Intuit in a report on Friday, September 18th. Truist Financial reiterated a “hold” rating and issued a $300.00 price target on shares of Intuit in a research report on Friday, September 18th. The Goldman Sachs Group restated a “sell” rating on shares of Intuit in a research note on Thursday, September 24th. Finally, Barclays reduced their price objective on Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th.

View Our Latest Stock Report on INTU

Intuit Price Performance

INTU opened at $328.19 on Monday. The stock’s 50 day moving average price is $320.42 and its 200-day moving average price is $365.44. The stock has a market capitalization of $87.70 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. Intuit has a 52-week low of $252.84 and a 52-week high of $682.27.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the previous year, the company earned $2.75 earnings per share. Intuit’s quarterly revenue 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. On average, equities research analysts predict that Intuit will post 23.02 EPS for the current year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were paid a $1.38 dividend. This is an increase from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, October 8th. Intuit’s payout ratio is currently 33.45%.

Insiders Place Their Bets

In other Intuit news, CAO Lauren Hotz sold 907 shares of the company’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 transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the transaction, the director owned 11,531 shares in the company, valued at $3,751,726.16. This represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is owned by insiders.

Hedge Funds Weigh In On Intuit

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aprio Wealth Management LLC lifted its position in Intuit by 25.1% during the third quarter. Aprio Wealth Management LLC now owns 1,577 shares of the software maker’s stock worth $435,000 after buying an additional 316 shares during the period. Raleigh Capital Management Inc. acquired a new stake in Intuit in the third quarter valued at approximately $274,000. International Assets Investment Management LLC grew its position in Intuit by 2,035.2% in the third quarter. International Assets Investment Management LLC now owns 30,000 shares of the software maker’s stock valued at $8,271,000 after acquiring an additional 28,595 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Intuit by 17.6% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 216,500 shares of the software maker’s stock worth $59,691,000 after acquiring an additional 32,400 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its position in shares of Intuit by 134.5% in the 3rd quarter. Parcion Private Wealth LLC now owns 2,537 shares of the software maker’s stock valued at $699,000 after purchasing an additional 1,455 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Intuit announced a broader rollout of Intuit Intelligence, including AI-powered tools designed to connect businesses, accountants and financial data across QuickBooks, TurboTax, Mailchimp and other products. The platform expansion could support higher customer engagement, productivity gains and longer-term revenue growth. Intuit Expands Intelligence Platform to Power the Next Era of Accounting Firm and Business Growth
  • Positive Sentiment: The company also introduced specialized AI capabilities for accountants, nonprofits and manufacturers, reinforcing its strategy of using automation to expand its addressable market and improve the value of its financial software. Intuit Unveils Custom Financial AI Tools for Nonprofits and Manufacturers
  • Positive Sentiment: Analysts expect double-digit earnings-per-share growth in the upcoming first quarter. That outlook, combined with Intuit’s recently reported earnings and revenue beat, provides a fundamental reason for investors to remain constructive ahead of the release. What You Need To Know Ahead of Intuit’s Earnings Release
  • Neutral Sentiment: INTU has become a heavily searched and discussed stock. One valuation-focused analysis argues that Intuit is a high-quality business trading at a substantial discount, while noting that investors should weigh execution and growth risks before buying. Intuit: A Quality Business Trading At A Steep Discount
  • Negative Sentiment: Another analysis downgraded Intuit from “buy,” arguing that the shares may not be attractive immediately despite a longer-term bullish view. The concern is that investors may need clearer evidence of AI monetization and sustained growth. Intuit: I Am Long, But It’s Not A Buy Now
  • Negative Sentiment: Commentary following the AI announcements questions whether the growth opportunity is already priced into INTU after a strong recent rebound, particularly as the stock remains significantly weaker over the longer term. Intuit Following AI Rollout, Is The Growth Story Already Priced In

Intuit Company Profile

(Get Free Report)

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.

Further Reading

Analyst Recommendations for Intuit (NASDAQ:INTU)

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