Intuit’s (INTU) “Outperform” Rating Reiterated at Royal Bank Of Canada

Intuit (NASDAQ:INTU)‘s stock had its “outperform” rating reissued by Royal Bank Of Canada in a note issued to investors on Friday, Benzinga reports. They presently have a $385.00 target price on the software maker’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 26.40% from the stock’s current price.

A number of other brokerages have also commented on INTU. Northcoast Research lowered their price target on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Daiwa Securities Group reduced their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Mizuho decreased their target price on shares of Intuit from $500.00 to $430.00 and set an “outperform” rating for the company in a research report on Monday, August 17th. Susquehanna lowered their target price on shares of Intuit from $427.00 to $415.00 and set a “positive” rating on the stock in a research note on Wednesday, August 26th. Finally, Freedom Capital downgraded shares of Intuit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $430.97.

Intuit Stock Performance

INTU opened at $304.58 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $324.95 and its 200-day moving average is $350.30. The stock has a market cap of $81.40 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98. Intuit has a twelve month low of $252.84 and a twelve month high of $705.08.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.75 EPS. 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, analysts predict that Intuit will post 23.49 earnings per share for the current year.

Insider Activity at Intuit

In other news, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 285 shares of Intuit stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value 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. 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,476 shares of company stock worth $481,538. 2.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intuit

Hedge funds have recently modified their holdings of the stock. Sandy Cove Advisors LLC raised its stake in shares of Intuit by 6.8% in the fourth quarter. Sandy Cove Advisors LLC now owns 376 shares of the software maker’s stock worth $249,000 after purchasing an additional 24 shares during the last quarter. Main Management ETF Advisors LLC boosted its position in shares of Intuit by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 2,349 shares of the software maker’s stock valued at $1,556,000 after buying an additional 24 shares during the last quarter. Verus Capital Partners LLC grew its holdings in Intuit by 5.2% during the fourth quarter. Verus Capital Partners LLC now owns 506 shares of the software maker’s stock worth $335,000 after buying an additional 25 shares in the last quarter. Legacy Wealth Managment LLC ID grew its holdings in Intuit by 10.3% during the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker’s stock worth $115,000 after buying an additional 25 shares in the last quarter. Finally, Prentice Wealth Management LLC raised its position in Intuit by 3.1% in the 1st quarter. Prentice Wealth Management LLC now owns 876 shares of the software maker’s stock valued at $379,000 after buying an additional 26 shares during the last quarter. 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: Intuit hosted its Investor Day and reaffirmed first-quarter and fiscal 2027 guidance, including previously issued targets of $2.44–$2.48 in first-quarter EPS and $22.88–$23.12 in fiscal 2027 EPS. The confirmation reduces the risk of a near-term guidance cut. Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2027 Guidance
• Positive Sentiment: QuickBooks Free and Lite are expanding Intuit’s customer funnel as online customer growth slows, while payments could provide an additional monetization opportunity over time. The strategy may support longer-term customer acquisition, although near-term revenue benefits remain uncertain. Intuit’s QuickBooks Free Push: Can This Lift Customer Growth?
• Positive Sentiment: Solera expanded its Qapter integration with QuickBooks Online, helping collision-repair businesses transfer estimate details directly into accounting workflows. The partnership strengthens QuickBooks’ ecosystem and product utility, though its financial impact is likely modest in the near term. Qapter and Intuit QuickBooks Online Integration
• Neutral Sentiment: Intuit has attracted unusually high investor attention, but search popularity is not itself a fundamental catalyst. Investors are likely focused on whether AI initiatives, customer acquisition efforts and payments growth can offset slower core expansion. Investors Heavily Search Intuit
• Negative Sentiment: Bank of America analyst Tal Liani maintained a Hold rating and kept a $360 price target, citing slower core growth and elevated investment requirements. The unchanged target and cautious stance may limit upside sentiment, particularly after Intuit’s stock decline from its 52-week high. Tal Liani Reiterates Hold on Intuit

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.