Susquehanna Has Lowered Expectations for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTUGet Free Report) had its price target reduced by Susquehanna from $819.00 to $720.00 in a report issued on Tuesday,MarketScreener reports. The firm presently has a “positive” rating on the software maker’s stock. Susquehanna’s price objective points to a potential upside of 95.64% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Wolfe Research decreased their price objective on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. BMO Capital Markets dropped their target price on Intuit from $810.00 to $624.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. UBS Group set a $739.00 price target on Intuit in a report on Tuesday, January 6th. KeyCorp cut their price objective on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Finally, Daiwa Securities Group increased their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $726.18.

Check Out Our Latest Stock Analysis on INTU

Intuit Price Performance

INTU opened at $368.02 on Tuesday. The business’s 50-day moving average is $548.64 and its two-hundred day moving average is $626.14. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. Intuit has a 1 year low of $349.00 and a 1 year high of $813.70. The firm has a market capitalization of $102.41 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24.

Insider Transactions at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction that occurred on 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 sale, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 over the last 90 days. Company insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Intuit

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tortoise Investment Management LLC boosted its holdings in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares during the period. Joseph Group Capital Management bought a new position in Intuit during the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management bought a new stake in Intuit during the fourth quarter worth about $25,000. Westside Investment Management Inc. raised its holdings in shares of 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 buying an additional 21 shares during the last quarter. Finally, Sagard Holdings Management Inc. bought a new stake in shares of Intuit during the second quarter valued at approximately $28,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Announced a multi-year partnership with AI safety firm Anthropic, boosting investor confidence in Intuit’s AI roadmap and safety/governance credentials — a near-term catalyst for optimism on product differentiation and enterprise AI adoption. Intuit stock up after announcement on multi-year partnership with AI safety firm Anthropic
  • Positive Sentiment: Expanded its partnership with Wix (Mailchimp integration), which can broaden SMB distribution and revenue channels for marketing products — supportive for top-line growth and customer acquisition. Intuit Inc. (INTU) Expands Partnership with Wix
  • Positive Sentiment: Management push on an AI-focused enterprise suite (product strategy coverage) underscores monetization plans for AI features across QuickBooks, Mailchimp and TurboTax — a medium-term growth driver if adoption and pricing stick. Intuit Inc. (INTU) Expands AI Strategy With Enterprise Suite Push
  • Positive Sentiment: Market commentary flagged Intuit as oversold with large upside potential based on RSI and analyst scenarios — this technical/fundamental view can attract value-focused buyers. (Market commentary included in recent MarketBeat coverage)
  • Neutral Sentiment: Zacks preview on Q2 metrics offers deeper analyst estimate work — useful for near-term earnings expectations but not an immediate price driver until actual results are released. Unlocking Q2 Potential of Intuit (INTU)
  • Neutral Sentiment: Sector noise — PayPal buyout/CEO-change headlines lifted fintech chatter today; this is market-level interest that can lift sentiment for software/fintech peers, but is not specific to Intuit fundamentals. PayPal Pops On Buyout Buzz After Sudden CEO Change
  • Negative Sentiment: Shares recently hit a 52-week low, a technical red flag that can amplify selling pressure from momentum and quant funds. Intuit stock hits 52-week low at $373.08
  • Negative Sentiment: BNP Paribas Exane cut its price target sharply to $340 and kept an Underperform rating — direct downward pressure on sentiment from sell-side revisions. BNP Paribas adjusts price target on Intuit to $340 from $600
  • Negative Sentiment: Barclays also cut its price target (785 → 540) despite keeping an Overweight rating — a mixed signal that lowers upside expectations even if conviction remains. Barclays adjusts price target on Intuit to $540 from $785

About Intuit

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Intuit (NASDAQ:INTU)

Receive News & Ratings for Intuit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuit and related companies with MarketBeat.com's FREE daily email newsletter.