Intuit (NASDAQ:INTU) Reaches New 52-Week Low After Analyst Downgrade

Intuit Inc. (NASDAQ:INTU)’s stock price reached a new 52-week low on Wednesday after Oppenheimer lowered their price target on the stock from $868.00 to $696.00. Oppenheimer currently has an outperform rating on the stock. Intuit traded as low as $427.26 and last traded at $434.09, with a volume of 7561025 shares changing hands. The stock had previously closed at $487.12.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group started coverage on shares of Intuit in a report on Monday, January 12th. They issued a “neutral” rating and a $720.00 price target on the stock. BMO Capital Markets lowered their price target on Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Evercore ISI reiterated an “outperform” rating and set a $875.00 target price on shares of Intuit in a report on Tuesday, November 18th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $700.00 price target (down previously from $840.00) on shares of Intuit in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average price target of $785.12.

Insider Activity

In other Intuit news, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the transaction, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. The trade was a 0.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director directly owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 388,464 shares of company stock worth $255,514,393. Company insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Unusual options activity — a large spike in call purchases (about 29,545 calls, a ~229% increase vs. typical volume) suggests some investors are betting on a near‑term rebound, which can lift intraday demand. Read More.
• Positive Sentiment: Corporate PR and partnerships: recent Mailchimp research and an NFL/49ers Foundation financial‑literacy initiative raise Intuit’s consumer/brand visibility and could support longer‑term user engagement for Mailchimp/TurboTax/Financial services. Read More. | Read More.
• Neutral Sentiment: Macro/behavioral commentary: market pieces reminding investors not to “bottom feed” on new lows may temper bargain‑hunting and keep volatility elevated; this is a market psychology factor rather than company‑specific news. Read More.
• Neutral Sentiment: UK SME support initiatives highlight product/market expansion efforts but are unlikely to change near‑term earnings expectations. Read More.
• Negative Sentiment: Analyst pressure: Oppenheimer trimmed its price target from $868 to $696 (still an outperform rating), contributing to downward pressure and triggering re‑rating concerns among investors. Read More.
• Negative Sentiment: Downgrade and 12‑month low headlines — at least one analyst action pushed Intuit to a new 12‑month low, increasing headline risk and short‑term selling. Read More.
• Negative Sentiment: Sector‑wide AI/legal risk: an FT report notes an Anthropic legal tool and broader AI fears have hit software and analytics names (including Intuit), amplifying valuation skepticism for companies exposed to SMBs and analytics. Read More.
• Negative Sentiment: Context on the pullback: a Forbes analysis outlines a ~30% correction since November amid investor skepticism about premium multiples and exposure to small/mid‑market demand — a fundamental/valuation headwind. Read More.

Hedge Funds Weigh In On Intuit

A number of institutional investors have recently made changes to their positions in INTU. Tortoise Investment Management LLC raised its holdings in Intuit by 540.0% in 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 in the last quarter. Joseph Group Capital Management bought a new position in shares of Intuit during the fourth quarter worth about $25,000. Westside Investment Management Inc. grew its stake in Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares in the last quarter. Sagard Holdings Management Inc. bought a new stake in Intuit in the second quarter valued at about $28,000. Finally, True Wealth Design LLC raised its stake in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit Trading Up 2.7%

The company has a market cap of $124.01 billion, a P/E ratio of 30.46, a P/E/G ratio of 1.77 and a beta of 1.24. The business has a fifty day simple moving average of $613.97 and a 200 day simple moving average of $661.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39.

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

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a dividend of $1.20 per share. The ex-dividend date was Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio is 32.81%.

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.