Intuit Inc. (NASDAQ:INTU) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Intuit Inc. (NASDAQ:INTUGet Free Report) have received a consensus rating of “Moderate Buy” from the thirty research firms that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, twenty-three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $791.7308.

Several analysts recently issued reports on INTU shares. KeyCorp cut their price target on Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. UBS Group set a $739.00 price target on Intuit in a report on Tuesday, January 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a research report on Thursday, January 22nd. Wolfe Research reduced 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. Finally, Truist Financial began coverage on Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 price objective for the company.

View Our Latest Stock Analysis on INTU

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Insider Activity at Intuit

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at $8,893,486.20. This trade represents a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 in the last 90 days. 2.49% of the stock is owned by corporate insiders.

Institutional Trading of Intuit

A number of hedge funds have recently bought and sold shares of INTU. Brighton Jones LLC boosted its stake in Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after acquiring an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the 1st quarter valued at about $785,564,000. Sivia Capital Partners LLC raised its stake in shares of Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in shares of Intuit during the second quarter worth approximately $277,000. 83.66% of the stock is owned by institutional investors.

Intuit Stock Down 0.8%

INTU stock opened at $498.92 on Friday. The firm has a market cap of $138.83 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.05 and a beta of 1.25. Intuit has a 1-year low of $491.72 and a 1-year high of $813.70. The firm has a fifty day moving average price of $625.24 and a two-hundred day moving average price of $668.53. 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 (NASDAQ:INTUGet Free Report) last posted its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating the consensus estimate of $3.09 by $0.25. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The company’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Research analysts predict that Intuit will post 14.09 EPS for the current year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were issued a $1.20 dividend. The ex-dividend date was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. Intuit’s dividend payout ratio is currently 32.81%.

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.

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Analyst Recommendations for Intuit (NASDAQ:INTU)

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