Intuit (NASDAQ:INTU) Earns Buy Rating from Analysts at TD Cowen

TD Cowen assumed coverage on shares of Intuit (NASDAQ:INTU) in a research note published on Thursday, MarketBeat reports. The brokerage issued a buy rating and a $802.00 price objective on the software maker’s stock.

A number of other analysts have also recently commented on the stock. Truist Financial initiated coverage on shares of Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target on the stock. Independent Research set a $875.00 target price on Intuit in a research report on Tuesday, November 18th. Evercore ISI reaffirmed an “outperform” rating and issued a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. Royal Bank Of Canada reiterated an “outperform” rating and set a $850.00 price objective on shares of Intuit in a research note on Friday, November 21st. Finally, Rothschild & Co Redburn raised their target price on Intuit from $560.00 to $670.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $790.00.

Intuit Stock Performance

Shares of INTU opened at $646.90 on Thursday. Intuit has a 1 year low of $532.65 and a 1 year high of $813.70. 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’s fifty day moving average price is $656.34 and its two-hundred day moving average price is $690.90. The firm has a market cap of $180.01 billion, a PE ratio of 44.22, a PEG ratio of 2.65 and a beta of 1.25.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion during 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%.The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, equities research analysts forecast that Intuit will post 14.09 EPS for the current year.

Intuit Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio (DPR) is currently 32.81%.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the completion of the transaction, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tortoise Investment Management LLC boosted its stake in Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after acquiring an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit in the 2nd quarter valued at $28,000. Finally, True Wealth Design LLC grew its holdings in shares of Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after purchasing an additional 27 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: TD Cowen initiated coverage with a “buy” and a $802 price target — a prominent bullish call that can attract momentum and institutional interest. TD Cowen Buy on Intuit
• Positive Sentiment: Truist began coverage with a “buy” and $739 target, another institutional endorsement supporting demand among growth investors. Truist Initiates on Intuit
• Positive Sentiment: Media coverage of Intuit’s SMB Media Labs at CES highlights potential new advertising/media revenue for small-business customers — a strategic growth narrative beyond core tax and accounting products. Intuit SMB MediaLabs at CES
• Neutral Sentiment: Analyst roundups and coverage (Zacks, 24/7 Wall St.) largely reiterate existing bullish sentiment and recap recent calls — helpful for market tone but not new fundamentals. Zacks: Wall Street Views on Intuit
• Neutral Sentiment: Company announced a $1.20 quarterly dividend (ex-dividend/record timing noted in filings) — supports yield narrative but is expected and modest versus growth drivers. MarketBeat Intuit Summary
• Negative Sentiment: Wells Fargo cut Intuit from “overweight” to “equal weight” and trimmed its price target to $700 (from $840) — a notable downgrade that lowers near-term analyst support. Wells Fargo Downgrade
• Negative Sentiment: CEO Sasan Goodarzi sold 41,000 shares (~$26.65M at ~$650.10) on Jan. 7, cutting his direct holding by ~75% — a large insider disposition that can weigh on sentiment even if for personal/planned-liquidity reasons. SEC Form 4 – Goodarzi Sale
• Negative Sentiment: CFO Sandeep Aujla also recently sold shares (~1,335 shares), another insider sale that can add to near-term selling pressure. SEC Form 4 – Aujla Sale

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.