Intuit (NASDAQ:INTU) Stock Price Down 4.6% – Time to Sell?

Intuit Inc. (NASDAQ:INTU) was down 4.6% during mid-day trading on Wednesday . The stock traded as low as $575.73 and last traded at $577.4070. Approximately 687,999 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 1,799,575 shares. The stock had previously closed at $605.28.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BDO Canada partnership expands QuickBooks distribution and services for small- and mid-sized businesses — a clear commercial tie-up that can help drive product adoption and recurring revenue in Intuit’s SMB segment. BDO Canada and Intuit QuickBooks Partner
• Positive Sentiment: Recent Zacks pieces highlight investor interest and Intuit’s growth profile (subscription mix, strong margins, and product-led SMB expansion), which supports a longer-term growth narrative for INTU. Intuit Inc. (INTU) is Attracting Investor Attention Here’s Why Intuit (INTU) is a Strong Growth Stock
• Neutral Sentiment: Goldman Sachs initiated coverage with a “Hold” (Neutral) and a $720 price target — a sign of analyst attention but not a bullish endorsement; could limit upside momentum until more positive catalyst arrives. INTU assumed with a Neutral at Goldman Sachs
• Neutral Sentiment: Reported short-interest data in recent notes appears unreliable (zeros/NaN); nothing actionable from short-interest reporting at this time — ignore until confirmed by an exchange or SEC filing.
• Negative Sentiment: Market reports note INTU “sank as the broader market gained,” suggesting today’s decline is driven more by rotation/profit-taking and headline flows than by company-specific negative news. That dynamic can amplify intraday selling even when fundamentals remain intact. Intuit (INTU) stock sinks as market gains

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on INTU. Wells Fargo & Company reiterated an “equal weight” rating and set a $700.00 target price (down previously from $840.00) on shares of Intuit in a report on Thursday, January 8th. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Sunday. The Goldman Sachs Group started coverage on Intuit in a research note on Monday. They set a “neutral” rating and a $720.00 price objective on the stock. Daiwa Capital Markets boosted their target price on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Finally, Independent Research set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average target price of $784.81.

Intuit Stock Performance

The stock has a market cap of $155.98 billion, a PE ratio of 38.33, a P/E/G ratio of 2.60 and a beta of 1.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a 50-day simple moving average of $654.42 and a 200-day simple moving average of $688.26.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping the consensus estimate of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.Intuit’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio is presently 32.81%.

Insider Activity at Intuit

In other 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 value of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 388,464 shares of company stock worth $255,514,393 over the last three months. 2.49% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intuit

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Intuit by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after buying an additional 914,024 shares during the last quarter. State Street Corp boosted its holdings in shares of Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock valued at $8,797,779,000 after acquiring an additional 158,456 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Intuit by 1.8% during the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker’s stock valued at $5,042,107,000 after acquiring an additional 115,721 shares during the period. Norges Bank bought a new position in shares of Intuit during the second quarter worth about $3,268,830,000. Finally, Invesco Ltd. increased its holdings in shares of Intuit by 7.8% in the 3rd quarter. Invesco Ltd. now owns 3,757,171 shares of the software maker’s stock worth $2,565,810,000 after acquiring an additional 271,407 shares during the period. Institutional investors own 83.66% of the company’s stock.

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.