Intuit (NASDAQ:INTU – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Thursday, February 26th. Analysts expect Intuit to post earnings of $3.65 per share and revenue of $4.5308 billion for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, February 26, 2026 at 4:30 PM ET.
Intuit Trading Down 0.2%
Shares of INTU opened at $358.71 on Wednesday. Intuit has a twelve month low of $349.00 and a twelve month high of $813.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $99.82 billion, a P/E ratio of 24.52, a PEG ratio of 1.47 and a beta of 1.24. The firm’s 50-day moving average is $542.43 and its two-hundred day moving average is $623.39.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the company. Daiwa Securities Group upped their price target on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. TD Cowen lowered their target price on Intuit from $802.00 to $658.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Oppenheimer dropped their price target on Intuit from $868.00 to $696.00 and set an “outperform” rating for the company in a research report on Tuesday, February 3rd. Evercore reiterated an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Finally, BNP Paribas Exane dropped their target price on shares of Intuit from $600.00 to $340.00 and set an “underperform” rating for the company in a report on Monday. Twenty-two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $726.18.
Insiders Place Their Bets
In other news, Director Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the sale, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by company insiders.
Institutional Investors Weigh In On Intuit
A number of institutional investors have recently bought and sold shares of INTU. State Street Corp raised its stake in Intuit by 1.2% during the third quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after purchasing an additional 158,456 shares during the period. Morgan Stanley increased its holdings in shares of Intuit by 1.2% during the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after buying an additional 60,910 shares during the last quarter. Northern Trust Corp raised its position in shares of Intuit by 4.8% in the 3rd quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock worth $2,356,040,000 after buying an additional 158,843 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Intuit by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,008,432 shares of the software maker’s stock valued at $1,330,426,000 after acquiring an additional 47,624 shares during the last quarter. Finally, Unisphere Establishment grew its position in Intuit by 13.3% during the third quarter. Unisphere Establishment now owns 1,700,000 shares of the software maker’s stock valued at $1,160,947,000 after acquiring an additional 200,000 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.
More Intuit News
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Anthropic partnership — Intuit announced a multi-year tie-up with AI firm Anthropic to build customizable AI agents for QuickBooks/TurboTax and to embed Intuit financial tools into Anthropic products; this deal is being framed as a meaningful step in Intuit’s AI roadmap and helped lift the stock earlier in the session. TipRanks: Intuit Stock Jumps
- Positive Sentiment: Partnership coverage and rollout timing — Coverage reports (PYMNTS, CNBC) add that the companies will start rolling out AI agent experiences in the spring and that Anthropic’s broader partner announcements are lifting software sector sentiment. This supports Intuit’s strategy to accelerate AI features across its ecosystem. PYMNTS: Intuit and Anthropic
- Positive Sentiment: Analyst bullishness — William Blair reiterated a Buy rating, saying the Anthropic partnership strengthens Intuit’s AI roadmap and competitive moat; that institutional endorsement helps underpin the recent uptick. TipRanks: Analyst Note
- Neutral Sentiment: Q2 earnings setup — Analysts expect double‑digit revenue growth for fiscal Q2 with continued momentum across QuickBooks, TurboTax and Credit Karma; upcoming earnings could be a catalyst either way depending on guidance and AI monetization comments. Zacks: Q2 Preview
- Neutral Sentiment: Sector framing — Market commentary argues the software sell-off is separating AI winners from losers; Intuit is cited as a software leader with durable moats, but the piece is more thematic than company‑specific near‑term guidance. MarketBeat: Late-Stage Bull Market
- Negative Sentiment: Analyst price-target cuts — Several firms trimmed Intuit price targets (Wells Fargo to $425, Barclays to $540, BNP Paribas to $340, Susquehanna to $720), reflecting lower near-term expectations and contributing to selling pressure. MarketScreener: Wells Fargo PT
- Negative Sentiment: Technical/valuation stress — The stock recently touched a 52‑week low amid the broader software correction; high short-term volatility and a price now well below recent highs increase downside risk until earnings or clear AI monetization evidence arrives. Investing.com: 52-Week Low
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.
Featured Stories
- Five stocks we like better than Intuit
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This makes me furious
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.
